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581 South 42nd Street

581 South 42nd Street, Springfield, OR 97478
House in Lane
Sold Apr 29, 2022
$415,000
$402,550 by Homebridge Financial Services
Mortgage Due May 01, 2052
Sold Mar 07, 2022
$361,000
Local assessors in Springfield, OR have categorized 581 South 42nd Street as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 10,454 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 581 South 42nd Street has a total of 1,359 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 patio so you'll have a great option in the back of the home. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C+. The building has a gable style roof that was made of composition shingle. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heat pump 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, 581 South 42nd Street sold most recently in Apr 18, 2022 for a total of $415,000. If you work out the math, that's approximately a cost of $235.93 per sqft. Before that, the property was also sold for $361,000 in Feb 16, 2022. 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 $4,249 in taxes each year. 581 South 42nd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $232,700. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,759
  • Gross Building Area: 1,759
  • Building Area: 1,359
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,359
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2017-P2743
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARTITION PLAT 2017-P2743 PCL 1 TL 08102

Ownership

  • Current Owner : SCHROEDER BRANDON
  • Current Owner 2: TURNER KAYLA
  • Previous Owner : BRECKENRIDGE PROPERTY FUND 2016 LLC
  • Owner Before Previous Owner: SMITH NATHAN F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Crow-Applegate-Lorane Sd 66
  • Census Tract: 001904

Zoning

  • Zoning: LD

Geography

  • Assessors Map Reference: 1802052108102
  • Account Number: 1886710
  • Parcel: 1886710
  • Lot: 8102
  • Meridian: SEC 05 TWN 18 RNG 02
  • Municipality: SPRINGFIELD
  • Latitude: 44.0404
  • Longitude: -122.962

    Address

  • Full Address: 581 S 42nd St
  • Address - House Number: 581
  • Street Direction: S
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: OR
  • City Name: Springfield
  • Carrier Code: C020
  • 4-Digit Zip Code: 6603
  • Zip Code: 97478

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,249
  • Tax Rate Code Area: 01900

    Appraisal Valuation

  • Standard Deviation: 0.1557
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 80
  • Final Value: 432,092
  • High Value: 499,388
  • Low Value: 364,796

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $402,550
  • First Open Lien Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $402,550
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $448,893
  • Market Land Value: $86,348
  • Market Improvement Value: $362,545

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $232,700

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Transaction ID: 11886102178
  • Current Sale Price: $415,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 19496
  • Previous Sale Recording Date: Mar 07, 2022
  • Previous Sale Contract Date: Feb 16, 2022
  • Previous Sale Amount: $361,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMEBRIDGE FINANCIAL SERVICES
  • First Mortgage Transaction Date: Apr 29, 2022
  • First Mortgage Loan Amount: $402,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

About Springfield



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Frequently Asked Questions

What neighborhood is 581 South 42nd Street located in?
The 581 South 42nd Street is a house located in the neighborhood of Lane in Springfield, Springfield.
What is the average sales price for listings in 581 South 42nd Street?
The average sales price for units in 581 South 42nd Street is $0 currently.

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