NOT LISTED FOR SALE

11622 SE Mountain Ridge Ave Unit 54 Happy Valley, OR 97086

Estimated Value: $837,934 - $942,000

5 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Last Sold March 19, 2018

Last sale price $108,000

Est. 738% increase in value since last sale

Current estimated payment $5,514/month

386 Days on Market

About This Home

As of March 2018

Phenomenal Lot. Amazing Views! Best in the Valley. Use your own builder or use ours.

Last Agent to Sell the Property

Brian D'Ambrosio

Real Estate Performance Group License #870200176 Listed on: 12/30/2013

Last Buyer's Agent

Brian D'Ambrosio

Real Estate Performance Group License #870200176 Listed on: 12/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,191

Lot Details

  • Property is zoned R10

Additional Features

  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,191

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: SUBDIVISION RESERVE 4079 LT 54

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • View: Valley
  • View: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Water Available

Condo/Co-op/Association

  • HOA Fees: 42
  • HOA Payment Frequency: Monthly
  • HOA: Yes

Schools

  • Elementary School: Happy Valley
  • High School: Clackamas

Lot Info

  • Acres: 0.16
  • Zoning: R10
  • Present Use: Raw Land

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 1215.48
  • Assessor Parcel Number: 05016541

MLS Schools

  • Elementary School: Happy Valley
  • High School: Clackamas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 16, 2018
Sold by
Mountain View Development Inc
Bought by
Satcher Matthew J and Satcher Michelle A
Seller's Agent
Brian D'Ambrosio
Real Estate Performance Group
Buyer's Agent
Brian D'Ambrosio
Real Estate Performance Group
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%
Current Estimated Value
$905,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,234
Avg. Annual Appreciation
32.18%
Original Mortgage
$503,968
Outstanding Balance
$426,515
Interest Rate
3.87%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$478,719

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 15, 2018
Sold by
Spencer Management Group Inc
Bought by
Moutain View Development Inc
Seller's Agent
Brian D'Ambrosio
Real Estate Performance Group
Buyer's Agent
Brian D'Ambrosio
Real Estate Performance Group
List Price
$115,000
Sold Price
$108,000
Premium/Discount to List
-$7,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,968
Outstanding Balance
$426,515
Interest Rate
3.87%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$478,719

Purchase Details

Closed on
Dec 18, 2013
Sold by
The Reserve Investment Property Llc
Bought by
Spencer Management Group Inc
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Satcher Matthew J $629,960 Lawyers Title
Moutain View Development Inc $595,000 Lawyers Title
Spencer Management Group Inc $399,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Satcher Matthew J $503,968
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2018 03/19/18 Sold $108,000 -6.1% --
01/20/2015 01/20/15 Pending -- -- --
12/30/2013 12/30/13 For Sale $115,000 -- --
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 $9,191 $467,243 -- --
2023 $9,191 $453,634 $0 $0
2022 $8,462 $440,422 $0 $0
2021 $8,155 $427,595 $0 $0
2020 $7,901 $415,141 $0 $0
2019 $7,782 $403,050 $0 $0
2018 $6,420 $366,827 $0 $0
2017 $4,793 $273,370 $0 $0
2016 $1,572 $86,602 $0 $0
2015 $1,452 $83,066 $0 $0
2014 $1,267 $74,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13492192

Regional Multiple Listing Service (RMLS)

APN: 05016541