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7735 Southwest Florence Lane

7735 Southwest Florence Lane, Portland, OR 97223
Sold Dec 31, 2019
$370,000
$318,000 by Provident Funding
Mortgage Due Nov 01, 2036
Local assessors in Portland, OR have categorized 7735 Southwest Florence Lane as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 5,663 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 7735 Southwest Florence Lane has a total of 1,608 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 7735 Southwest Florence Lane sold most recently in Dec 26, 2019 for a total of $370,000. If you work out the math, that's approximately a cost of $184.26 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,231 in taxes each year. 7735 Southwest Florence Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $241,530. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 2,008
  • Gross Building Area: 2,008
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,608
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORESTWAYE NO.3
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: FORESTWAYE NO.3, BLOCK 2, LOT 17, ACRES 0.13

Ownership

  • Current Owner : CHENG MING HSIN
  • Current Owner 2: LO YALAN
  • Previous Owner : GEORGE JACK T
  • Previous Owner 2: GEORGE MARILYN L

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 030502

Zoning

  • Zoning: R-5

Geography

  • Parcel: R1420475
  • Block: 2
  • Lot: 17
  • Meridian: SEC 25 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.457
  • Longitude: -122.757

    Address

  • Full Address: 7735 Sw Florence Ln
  • Address - House Number: 7735
  • Street Direction: SW
  • Address - Street Name: Florence
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Portland
  • Carrier Code: C005
  • 4-Digit Zip Code: 9234
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,231
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1198
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 565,260
  • High Value: 633,013
  • Low Value: 497,507

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $318,000
  • First Open Lien Mortgage Lender: PROVIDENT FUNDING
  • First Open Lien Mortgage Recording Date: Nov 04, 2021
  • First Open Lien Mortgage Loan Amount: $318,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2036

    Market Valuation

  • Market Total Value: $550,900
  • Market Land Value: $281,950
  • Market Improvement Value: $268,950

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $241,530

    Sales

  • Current Sale Contract Date: Dec 26, 2019
  • Current Sale Recording Date: Dec 31, 2019
  • Current Sale Transaction ID: 11712406173
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-095526

    Last Sale Mortgage

  • First Mortgage Lender: GUARDIAN MORTGAGE CO INC
  • First Mortgage Transaction Date: Dec 31, 2019
  • First Mortgage Loan Amount: $277,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Raleigh Hills



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Nearby Rentals

Unit for rent at

$2,235 /mo

  • Studio
  • 1,550 ft²
Listing by A J NASH
Unit for rent at

$2,300 /mo

  • 1 Bed
  • 2 Baths
  • 1,673 ft²
Listing by Manager
Unit for rent at

$2,595 /mo

  • 3 Beds
  • 2 Baths
  • 1,631 ft²
Listing by Manager
Unit for rent at

$2,250 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,315 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 7735 Southwest Florence Lane located in?
The 7735 Southwest Florence Lane is a house located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 7735 Southwest Florence Lane?
The average sales price for units in 7735 Southwest Florence Lane is $0 currently.

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