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8525 Southwest Cecilia Terrace

8525 Southwest Cecilia Terrace, Portland, OR 97223
Property in Raleigh Hills
Sold Dec 03, 2021
$1,050,000
$548,000 by Finance Of America Mtg Llc
Mortgage Due Dec 01, 2051
Sold Jun 12, 2019
$775,000
$620,000 by Mufg Union Bank Na
Mortgage Due Jul 01, 2049
Local assessors in Portland, OR have categorized 8525 Southwest Cecilia Terrace as a residential type of property. The home was built in 1966 and is 58 years old. It was most recently renovated and altered in 1996. The property's lot size has been calculated to be 7,841 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 8525 Southwest Cecilia Terrace has a total of 2,072 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 462 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 style roof that was made of asphalt and ply sheets in a built-up roof style. 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. The home's a hot water heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8525 Southwest Cecilia Terrace was last sold in Nov 22, 2021 for $1,050,000. According to our calculations, that's $414.36 per sqft. Prior to that sales transaction, the property was sold for $775,000 in Jun 10, 2019. Current property owners are expected to pay $6,356 in taxes per year. The property on 8525 Southwest Cecilia Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $360,510. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1996
  • 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: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Built-up
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 2,534
  • Gross Building Area: 2,534
  • Building Area: 2,072
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 2,072
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOHMANN PARK NO.4
  • Land Acres: 0.18
  • 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: BOHMANN PARK NO.4, BLOCK 14, LOT 13, ACRES 0.18

Ownership

  • Current Owner : COAN MICHAEL A
  • Current Owner 2: THE MICHAEL A COAN TRUST
  • Previous Owner : GOTTFRIED JOSEPH
  • Owner Before Previous Owner: SMITH STEPHEN J
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 030501

Zoning

  • Zoning: R-5

Geography

  • Parcel: R209562
  • Block: 14
  • Lot: 13
  • Meridian: SEC 23 TWN 01S RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.4677
  • Longitude: -122.765

    Address

  • Full Address: 8525 Sw Cecilia Ter
  • Address - House Number: 8525
  • Street Direction: SW
  • Address - Street Name: Cecilia
  • Address - Suffix Type: Ter
  • State: OR
  • City Name: Portland
  • Carrier Code: C017
  • 4-Digit Zip Code: 7232
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,356
  • Tax Rate Code Area: 051.50

    Appraisal Valuation

  • Standard Deviation: 0.1716
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 916,695
  • High Value: 1,074,052
  • Low Value: 759,337

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MTG LLC
  • First Open Lien Mortgage Recording Date: May 24, 2023
  • First Open Lien Mortgage Loan Amount: $548,000
  • First Open Lien Mortgage Term: 342
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $965,140
  • Market Land Value: $324,510
  • Market Improvement Value: $640,630

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $360,510

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Dec 03, 2021
  • Current Sale Transaction ID: 11870248922
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-124814
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Dec 03, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MUFG UNION BANK NA
  • Previous Mortgage Transaction Date: Jun 12, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $620,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 8525 Southwest Cecilia Terrace located in?
The 8525 Southwest Cecilia Terrace is a located in the neighborhood of Raleigh Hills in Raleigh Hills, Portland.
What is the average sales price for listings in 8525 Southwest Cecilia Terrace?
The average sales price for units in 8525 Southwest Cecilia Terrace is $0 currently.

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