NOT LISTED FOR SALE

1388 NW 116th Ave Portland, OR 97229

Estimated Value: $932,000 - $1,021,000

5 Beds
3.5 Baths
2,802 Sq Ft
$349/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $958,929 $342 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $6,180/month

Highlights

  • New Construction
  • Deck
  • Farmhouse Style Home
  • Cedar Mill Elementary School Rated A
  • Engineered Wood Flooring
  • 1 Fireplace

About This Home

As of October 2022

This open layout Siletz plan is available at Toll Brothers' Cedar Mill Landing community! The main floor features a large kitchen with island, spacious great room and dining. The primary suite upstairs offers two walk-in closets and a large en-suite bath. The covered back deck and covered lower patio offer great outdoor space! The daylight basement features a bonus room, bedroom and full bathroom. Still time to choose finishes with our Design Studio.

Last Agent to Sell the Property

Hilary Rich

Lennar Sales Corp License #201207690 Listed on: 11/13/2021

Co-Listed By

Ken Rhodes

Kelly Right Real Estate of Portland, LLC License #201212914

Last Buyer's Agent

John Tae

eXp Realty, LLC License #201209617

eXp Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 3,484 Sq Ft Lot
  • Fenced

HOA Fees

  • $57 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Farmhouse Style Home
  • Composition Roof
  • Cement Siding

Interior Spaces

  • 2,802 Sq Ft Home
  • 3-Story Property
  • 1 Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Smart Thermostat
  • Laundry Room

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Soaking Tub

Outdoor Features

  • Deck

Schools

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

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Tankless Water Heater

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R2213808

Community Details

Overview

  • The Management Trust Association, Phone Number (503) 670-8111
  • Cedar Mill Landing Subdivision

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$57 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2022
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: TBD
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Farmhouse
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 3.1
  • Fireplaces: 1
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, Laundry, Quartz, SmartThermostat, SoakingTub, TileFloor, WalltoWallCarpet
  • Basement: Finished, FullBasement
  • Appliances: BuiltinOven, Dishwasher, GasAppliances, Island, Microwave, Quartz
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Association Contact: Geoff
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt3000to4999
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Deck, Fenced
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Tankless
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicAvailable
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons
  • Senior Community: No
  • Association Fee: 57.0
  • Association Fee Frequency: Monthly
  • Association Name: The Management Trust
  • Phone: 503-670-8111
  • Association: Yes
  • Association Email: geoffrey.colton@managementtrust.com

Association/Amenities

  • AssociationAddress: 17700 SW Upper Boones Ferry Rd #120, Portland, OR 97224
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Farm: No
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3484.0
  • Parcel #: R2213808

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 1165.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
Toll West Coast Llc
Bought by
Hseih Chunhan Michael and Wong Yuhan Melissa
Current Estimated Value
$981,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,143
Interest Rate
6.02%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List 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
Hseih Chunhan Michael $958,929 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hseih Chunhan Michael $767,143
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $958,929 +6.1% $342 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $903,995 -- $323 / 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 $9,279 $510,360 -- --
2024 $8,717 $495,500 -- --
2023 $8,717 $878,110 $0 $0
2022 $3,292 $187,040 $0 $0
2021 $3,174 $176,320 $0 $0
2020 $1,166 $63,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21488350

Regional Multiple Listing Service (RMLS)

APN: R2213808