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7770 Southwest 74th Avenue

7770 Southwest 74th Avenue, Portland, OR 97223
Sold May 24, 2023
$610,000
$396,500 by Rain City Capital Of Oregon Ll
Mortgage Due May 21, 2024
Sold Jul 29, 2020
$440,000
$432,030 by American Pacific Mortgage Corp
Mortgage Due Aug 01, 2050
Local assessors in Portland, OR have categorized 7770 Southwest 74th Avenue as a residential type of property. The home was built in 1960 and is 64 years old. The property's lot size has been calculated to be 41,382 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 7770 Southwest 74th Avenue has a total of 1,364 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 480 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. The garage on the property is 484 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 patio 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 style roof that was made of composition shingle. Lots of a combination of material 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. The home's a heating system we are unsure of is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7770 Southwest 74th Avenue sold most recently in May 10, 2023 for a total of $610,000. If you work out the math, that's approximately a cost of $447.21 per sqft. Before that, the property was also sold for $440,000 in Jul 24, 2020. 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 $3,297 in taxes each year. 7770 Southwest 74th Avenue was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $186,750. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Exterior

Brick Exterior / Wood Exterior
Wood Siding

Driveway

Driveway

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 480
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 1,364
  • Gross Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Other
  • Heated Square Feet: 1,364
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NICHOLS ADDITION
  • Land Acres: 0.95
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: NICHOLS ADDITION TO GARDENHOME, LOT 21, ACRES 0.95

Ownership

  • Current Owner : FALLBROOK LLC
  • Previous Owner : ANDERSEN CHRISTOPHER M
  • Owner Before Previous Owner: TWEDT CAROL A
  • Owner Before Previous Owner 2: BLANCHARD VICTORIA L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R-5

Geography

  • Parcel: R2213989
  • Lot: 21
  • Meridian: SEC 24 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.4636
  • Longitude: -122.752

    Address

  • Full Address: 7770 Sw 74th Ave
  • Address - House Number: 7770
  • Street Direction: SW
  • Address - Street Name: 74th
  • Address - Suffix Type: Ave
  • State: OR
  • City Name: Portland
  • Carrier Code: C006
  • 4-Digit Zip Code: 9563
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,297
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.0981
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 90
  • Final Value: 570,824
  • High Value: 626,871
  • Low Value: 514,776

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,500
  • First Open Lien Mortgage Lender: RAIN CITY CAPITAL OF OREGON LL
  • First Open Lien Mortgage Recording Date: May 24, 2023
  • First Open Lien Mortgage Loan Amount: $396,500
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 21, 2024

    Market Valuation

  • Market Total Value: $508,550
  • Market Land Value: $376,180
  • Market Improvement Value: $132,370

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $186,750

    Sales

  • Current Sale Contract Date: May 10, 2023
  • Current Sale Recording Date: May 24, 2023
  • Current Sale Transaction ID: 11906838594
  • Current Sale Price: $610,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21226
  • Previous Sale Recording Date: Jul 29, 2020
  • Previous Sale Contract Date: Jul 24, 2020
  • Previous Sale Amount: $440,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RAIN CITY CAPITAL OF OREGON LL
  • First Mortgage Transaction Date: May 24, 2023
  • First Mortgage Loan Amount: $396,500
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 21, 2024

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 29, 2020
  • Previous Mortgage Loan Amount: $432,030
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2050

About Raleigh Hills



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Frequently Asked Questions

What neighborhood is 7770 Southwest 74th Avenue located in?
The 7770 Southwest 74th Avenue is a house located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 7770 Southwest 74th Avenue?
The average sales price for units in 7770 Southwest 74th Avenue is $449,221 , or $370/sqft. currently.

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