NOT LISTED FOR SALE

10242 NW Langworthy Terrace Portland, OR 97229

Northwest Heights Neighborhood

Estimated Value: $1,695,000 - $2,867,000

5 Beds
5 Baths
6,275 Sq Ft
$368/Sq Ft Est. Value

Last Sold April 07, 2022

Last sale price $2,650,000 $422 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $15,069/month

Highlights

  • Home Theater
  • Sauna
  • Covered Deck
  • Forest Park Elementary School Rated A-
  • Heated Floors
  • Outdoor Fireplace

About This Home

As of April 2022

Prepare yourself for spectacular! From the moment you walk through the door, you'll find unmatched luxury w/grand spaces & stunning views in Forest Heights. Custom high-end finishes throughout & stunning entertaining spaces. Treat yourself - this is the definition of a "Dream Home"! Centrally located to downtown, Nike, & Intel. Contact your agent or listing broker to receive a complete list of amenities and definitely watch the captivating video!

Last Agent to Sell the Property

Lee Davies

ELEETE Real Estate License #851200114 Listed on: 03/03/2022

Co-Listed By

Jennifer Holland

The Agency Portland License #201212781

Last Buyer's Agent

Matt Gorman

John L. Scott License #990400158

John L. Scott

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,557

Year Built

  • Built in 2013

Lot Details

  • Gated Home
  • Sprinkler System
  • Private Yard

Parking

  • Attached Garage
  • Tandem Garage
  • Driveway
  • Secured Garage or Parking

Home Design

  • Cultured Stone Exterior
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • Central Vacuum
  • Sound System
  • High Ceiling
  • 4 Fireplaces
  • Double Pane Windows
  • Home Theater
  • Sauna
  • Quartz Countertops
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Heated Floors
  • Cork

Basement

  • Basement Storage
  • Natural lighting in basement

Home Security

  • Security Gate
  • Smart Home

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Covered Deck
  • Outdoor Fireplace

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Mini Split Air Conditioners
  • Heating System Uses Gas
  • Hot Water Circulator
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,557

Year Built

Built in 2013

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Contemporary, Custom Style
  • Sq Ft Calculated: 4067
  • Sq Ft Approximate Total: 6275
  • Stories: 3
  • Year Built: 2013
  • Property Condition: Resale
  • Remarks Public: Prepare yourself for spectacular! From the moment you walk through the door, you'll find unmatched luxury w/grand spaces & stunning views in Forest Heights. Custom high-end finishes throughout & stunning entertaining spaces. Treat yourself - this is the definition of a "Dream Home"! Centrally located to downtown, Nike, & Intel. Contact your agent or listing broker to receive a complete list of amenities and definitely watch the captivating video!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Sound System, Home Theater
  • Additional Rooms: Sauna, Media Room, Wine Cellar
  • All Room Features: Bathroom, Built-in Features, Closet Organizer, Deck, Eating Area, Fireplace, Formal, Gas Appliances, Great Room, Hardwood Floors, Pantry, Patio, Sound System, Walk-in Shower, Wet Bar, Walk in Closet, High Ceilings, Soaking Tub, Double Oven, Cork Floor, Home Theater, Quartz
  • Lower Level Bathrooms: 1.1
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 4.1
  • Fireplace Description: Gas
  • Fireplaces: 4
  • Interior Amenities: Central Vacuum, Hardwood Floors, Laundry, Sound System, Washer/Dryer, High Ceilings, Soaking Tub, Cork Floor, Home Theater, Quartz, Heated Tile Floor, Smart Home
  • Kitchen Appliances: Appliance Garage, Microwave, Built-in Refrigerator, Dishwasher, Gas Appliances, Island, Pantry, Double Oven, Stainless Steel Appliance(s), Quartz
  • Legal Description: FOREST HEIGHTS ESTATES NO 8, LOT 442
  • Sq Ft Lower Level: 2208
  • Sq Ft Main Level: 2286
  • Upper Level Sq Ft: 1781
  • Bedrooms: 5
  • Master Bedroom: Features: Bathroom, Fireplace, Patio, Walk-in Shower, Walk in Closet, Soaking Tub,On Level: Upper,Dimensions: 16x19
  • Bedroom 2: On Level: Upper,Dimensions: 13x15
  • Bedroom 3: On Level: Upper,Dimensions: 11x14
  • Full Bathrooms: 4
  • Partial Bathrooms: 1
  • Basement: Daylight, Storage Space
  • Dining Room: Features: Formal, Hardwood Floors,On Level: Main,Dimensions: 13x16
  • Family Room: Features: Built-in Features, Deck, Fireplace, Wet Bar, High Ceilings, Cork Floor,On Level: Lower,Dimensions: 20x21
  • Living Room: Features: Built-in Features, Fireplace, Great Room, Hardwood Floors, High Ceilings,On Level: Main,Dimensions: 21x22
  • Kitchen: Features: Eating Area, Gas Appliances, Pantry, Double Oven, Quartz,On Level: Main,Dimensions: 16x17
  • Additional Room 1: Description: Media Room,Features: Sound System, Home Theater,On Level: Lower,Dimensions: 13x14
  • Additional Room 2: Description: Sauna,On Level: Lower,Dimensions: 11x15
  • Additional Room 3: Description: Wine Cellar,On Level: Lower,Dimensions: 6x12
  • Bathrooms Lower Level Full: 1
  • Bathrooms Lower Level Partial: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 5
  • Bathrooms Upper Level Full: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cedar, Cultured Stone
  • Exterior Features: Deck, Sauna, Sprinkler, Outdoor Fireplace, Yard, Covered Deck
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • View: Valley, Seasonal
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Garage Type: Attached, Tandem
  • Parking Description: Driveway, Secured

Utilities

  • Energy Efficiency Features: Zoned, Mini Split, Insulation and Ceiling Insulation, Forced Air - 95+%, Double Pane Windows
  • Fuel Description: Gas
  • Hot Water: Gas, Recirculating
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Mini Split, Forced Air - 95+%
  • Security: Security Gate

Condo/Co-op/Association

  • HOA: Yes

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Forest Park
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Gated
  • Acres: 0.26
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 1
  • Green Verification HES Year: 2022

Tax Info

  • Tax Amount: 32883.11
  • Assessor Parcel Number: R531837
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Forest Park
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2022
Closed on
Apr 6, 2022
Sold by
Richard Pagnano
Bought by
Liu Richard Fang and Liu Lenna Ong
Seller's Agent
Lee Davies
ELEETE Real Estate
Buyer's Agent
Matt Gorman
John L. Scott
List Price
$2,650,000
Sold Price
$2,650,000
Current Estimated Value
$2,308,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$341,707
Avg. Annual Appreciation
-3.89%
Original Mortgage
$1,400,000
Outstanding Balance
$1,320,714
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$987,579

Purchase Details

Closed on
Feb 11, 2014
Sold by
Timberidge Development Inc
Bought by
Pagnano Richard and Pagnano Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2008
Sold by
Closing Time Llc
Bought by
Timberridge Development Inc

Purchase Details

Closed on
Sep 17, 2007
Sold by
Bridgespan Capital Llc
Bought by
Closing Time Llc and Bridgespan Capital Fund 2003 Llc

Purchase Details

Closed on
Jul 23, 2007
Sold by
Shevchenko Petro
Bought by
Bridgespan Capital Llc

Purchase Details

Closed on
Jul 17, 2006
Sold by
Shevchenko Petro
Bought by
Usov Yana

Purchase Details

Closed on
Apr 24, 2006
Sold by
Goodlett Marshall Building & Development
Bought by
Shevchenko Petro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,200
Interest Rate
6.29%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 23, 2003
Sold by
Nauru Phosphate Royalties Portland Inc
Bought by
Goodlett Marshall Building & Development

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liu Richard Fang $2,650,000 Lawyers Title
Pagnano Richard $1,600,000 First American
Timberridge Development Inc $270,000 First American Title Insuran
Closing Time Llc -- Accommodation
Bridgespan Capital Llc $399,554 None Available
Usov Yana -- None Available
Shevchenko Petro $399,000 Lawyers Title Ins
Goodlett Marshall Building & Development $400,000 Lawyers Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Richard Fang $1,400,000
Previous Owner Pagnano Richard $850,000
Previous Owner Shevchenko Petro $319,200
Previous Owner Goodlett Marshall Building & Development $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2022 04/07/22 Sold $2,650,000 0.0% $422 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $2,650,000 -- $422 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $35,557 $1,330,190 -- --
2023 $34,189 $1,291,450 $0 $0
2022 $33,449 $1,253,840 $0 $0
2021 $32,883 $1,217,330 $0 $0
2020 $30,164 $1,181,880 $0 $0
2019 $29,055 $1,147,460 $0 $0
2018 $28,200 $1,114,040 $0 $0
2017 $27,027 $1,081,600 $0 $0
2016 $24,733 $1,050,100 $0 $0
2015 $24,083 $1,019,520 $0 $0
2014 $23,720 $989,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22179966

Regional Multiple Listing Service (RMLS)

APN: R531837