NOT LISTED FOR SALE

1241 NW 116th Ave Portland, OR 97229

Estimated Value: $921,000 - $1,094,699

4 Beds
4 Baths
2,538 Sq Ft
$396/Sq Ft Est. Value

Last Sold April 08, 2022

Last sale price $1,190,995 $469 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $6,273/month

5 Days on Market

Highlights

  • New Construction
  • Engineered Wood Flooring
  • Furnished
  • Cedar Mill Elementary School Rated A
  • 1 Fireplace
  • Quartz Countertops

About This Home

As of April 2022

Toll Brothers' Silverton Farmhouse Model Home is now available. This light and bright plan offers windows looking out onto your covered front balcony from the open great room, kitchen and dining. Main level features a tech room/office. Primary suite is spacious and features a luxurious bathroom. Spacious bedroom or bonus room on the first floor offers additional possibilities. Beautiful fenced backyard with patio cover, outdoor kitchen and stamped concrete, as well as front covered balcony.

Last Agent to Sell the Property

Hilary Rich

Lennar Sales Corp License #201207690 Listed on: 01/12/2022

Co-Listed By

Ken Rhodes

Kelly Right Real Estate of Portland, LLC License #201212914

Last Buyer's Agent

Shayena Sharma

Premiere Property Group, LLC License #201203374

Premiere Property Group, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,378

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Fenced

HOA Fees

  • $60 per month

Parking

  • Attached Garage
  • Garage Door Opener

Home Design

  • Cement Siding

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • Furnished
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Smart Thermostat
  • Quartz Countertops
  • Laundry Room

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Covered Deck
  • Covered Patio or Porch

Utilities

  • Heating System Uses Gas
  • Tankless Water Heater

Community Details

  • Greenbelt
  • Common Area

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,378

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Farmhouse
  • Sq Ft Calculated: 1993
  • Sq Ft Approximate Total: 2538
  • Stories: 3
  • Warranty: Builder Warranty
  • Year Built: 2021
  • Property Condition: New Construction
  • Remarks Public: Toll Brothers' Silverton Farmhouse Model Home is now available. This light and bright plan offers windows looking out onto your covered front balcony from the open great room, kitchen and dining. Main level features a tech room/office. Primary suite is spacious and features a luxurious bathroom. Spacious bedroom or bonus room on the first floor offers additional possibilities. Beautiful fenced backyard with patio cover, outdoor kitchen and stamped concrete, as well as front covered balcony.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: Yes
  • Title Insurance Paid By: Buyer
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: Per builder
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Furnished, Garage Door Opener, Laundry, Tile Floor, Washer/Dryer, Wall to Wall Carpet, Soaking Tub, Quartz, Engineered Hardwood, Smart Thermostat
  • Kitchen Appliances: Microwave, Built-in Refrigerator, Dishwasher, Disposal, Island, Pantry, Built-in Oven, Cooktop, Stainless Steel Appliance(s), Quartz, Range Hood
  • Legal Description: CYPRESS RIDGE, LOT 48, ACRES 0.07
  • Sq Ft Lower Level: 545
  • Sq Ft Main Level: 961
  • Upper Level Sq Ft: 1032
  • Bedrooms: 4
  • Master Bedroom: On Level: Upper
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Basement: Full Basement
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Covered Patio, Fenced, Patio, Covered Deck
  • Lot Size: 3K-4,999SF
  • Roof Type: Composition
  • Additional Structure Supplement: No

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air - 95+%

Condo/Co-op/Association

  • HOA Fees: 60
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Association Amenities: Commons

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Cedar Mill
  • Middle School: Cedar Park
  • High School: Sunset

Lot Info

  • Lot Description: Green Belt
  • Acres: 0.07
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 1165.79
  • Assessor Parcel Number: R2213842
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Cedar Mill
  • High School: Sunset
  • Middle School: Cedar Park

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2022
Closed on
Apr 8, 2022
Sold by
Toll West Coast Llc
Bought by
Sharma Sheena and Anchuri Aditya
Seller's Agent
Hilary Rich
Lennar Sales Corp
Buyer's Agent
Shayena Sharma
Premiere Property Group, LLC
List Price
$1,099,995
Sold Price
$1,190,995
Premium/Discount to List
$91,000
8.27%
Current Estimated Value
$1,004,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,570
Avg. Annual Appreciation
-4.34%
Original Mortgage
$916,800
Outstanding Balance
$872,040
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$151,170

Purchase Details

Closed on
Apr 27, 2021
Sold by
Toll West Coast Llc
Bought by
Sharma Sheena and Anchuri Aditya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,800
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sharma Sheena $190,000 Wfg Title
Sharma Sheena $190,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharma Sheena $916,800
Previous Owner Sharma Sheena $916,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $1,190,995 +8.3% $469 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $1,099,995 -- $433 / 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
2025 $9,378 $515,800 -- --
2024 $8,810 $500,780 -- --
2023 $8,810 $486,200 $0 $0
2022 $8,514 $486,200 $0 $0
2021 $8,208 $458,300 $0 $0
2020 $1,166 $63,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Hilary Rich

    Lennar Sales Corp

    (971) 256-6198

    29 in this area

    120 Total Sales

    Hilary Rich
    Section Image

  • K

    Seller Co-Listing Agent in 2022

    Ken Rhodes

    Kelly Right Real Estate of Portland, LLC

    (971) 301-9557

    21 in this area

    45 Total Sales

    Ken Rhodes
    Section Image
  • Shayena Sharma

    Buyer's Agent in 2022

    Shayena Sharma

    Premiere Property Group, LLC

    (971) 244-3393

    1 in this area

    1 Total Sale

    Shayena Sharma
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22418839

Regional Multiple Listing Service (RMLS)

APN: R2213842

Oregon Washington County Portland 97229

1241 NW 116th Ave, Portland, OR

This home is located at 1241 NW 116th Ave, Portland, OR 97229 since 12 January 2022 and is currently estimated at $1,004,425, approximately $395 per square foot. This property was built in 2021. 1241 NW 116th Ave is a home located in Washington County with nearby schools including Cedar Mill Elementary School, Sunset High School, and St. Pius X. School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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