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16525 Southwest Matador Lane

16525 Southwest Matador Lane, Portland, OR 97224
Property in Bull Mountain
Sold May 31, 2018
$249,000
$90,000 by Umpqua Bank
Mortgage Due Jun 01, 2048
Sold Jun 21, 2011
$136,000
$108,800 by Academy Mortgage Corp
Mortgage Due Jul 01, 2041
Local assessors in Portland, OR have categorized 16525 Southwest Matador Lane as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 3,485 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, 2 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 is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 16525 Southwest Matador Lane has a total of 1,008 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 552 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 both a unknown and a unknown so you'll have great options in both the front and 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 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, 16525 Southwest Matador Lane sold most recently in May 25, 2018 for a total of $249,000. If you work out the math, that's approximately a cost of $159.62 per sqft. Before that, the property was also sold for $136,000 in Jun 9, 2011. 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 $2,756 in taxes each year. 16525 Southwest Matador Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $170,800. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1971
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 6
  • 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: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Attached
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,560
  • Gross Building Area: 1,560
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KING CITY NO.15
  • Land Acres: 0.08
  • 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: KING CITY NO.15, BLOCK 22, LOT 7, ACRES 0.08

Ownership

  • Current Owner : JOHNSON JOAN DIANE
  • Current Owner 2: JOHNSON PAUL B
  • Previous Owner : JONES CAROL FRANCES
  • Owner Before Previous Owner: WAGNER CLARENCE A
  • Owner Before Previous Owner 2: WAGNER DENISE I
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Tigard-Tualatin School District 23J
  • Census Tract: 031914

Zoning

  • Zoning: AT

Geography

  • District: 52
  • Parcel: R525550
  • Block: 22
  • Lot: 7
  • Meridian: SEC 16 TWN 02S RNG 01W
  • Municipality: KING CITY
  • Latitude: 45.4003
  • Longitude: -122.808

    Address

  • Full Address: 16525 Sw Matador Ln
  • Address - House Number: 16525
  • Street Direction: SW
  • Address - Street Name: Matador
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Portland
  • Carrier Code: C025
  • 4-Digit Zip Code: 2106
  • Zip Code: 97224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,756
  • Tax Rate Code Area: 023.86

    Appraisal Valuation

  • Standard Deviation: 0.1243
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 86
  • Final Value: 373,383
  • High Value: 419,814
  • Low Value: 326,953

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $90,000
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: May 31, 2018
  • First Open Lien Mortgage Loan Amount: $90,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $323,690
  • Market Land Value: $149,850
  • Market Improvement Value: $173,840

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $170,800

    Sales

  • Current Sale Contract Date: May 25, 2018
  • Current Sale Recording Date: May 31, 2018
  • Current Sale Transaction ID: 11468797162
  • Current Sale Price: $249,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-037509
  • Previous Sale Recording Date: Jun 21, 2011
  • Previous Sale Contract Date: Jun 09, 2011
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: May 31, 2018
  • First Mortgage Loan Amount: $90,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 21, 2011
  • Previous Mortgage Loan Amount: $108,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2041

About Bull Mountain



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Frequently Asked Questions

What neighborhood is 16525 Southwest Matador Lane located in?
The 16525 Southwest Matador Lane is a located in the neighborhood of Bull Mountain in Bull Mountain, Portland.
What is the average sales price for listings in 16525 Southwest Matador Lane?
The average sales price for units in 16525 Southwest Matador Lane is $0 currently.

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