NOT LISTED FOR SALE

1400 SW Schaeffer Rd Unit 400 West Linn, OR 97068

Estimated Value: $2,725,000 - $5,682,000

4 Beds
5 Baths
-- Sq Ft
20.84 Acres

Last Sold March 11, 2014

Last sale price $800,000

Est. 428% increase in value since last sale

Current estimated payment $25,082/month

103 Days on Market

Highlights

  • Waterfront
  • Views
  • Creek or Stream
  • Meridian Creek Middle School Rated A-
  • Landscaped with Trees

About This Home

As of March 2014

This incredible 20.84 acre estate property on the top of coveted Petes Mountain in West Linn is ready for your dreams.Enjoy the gated private drive,open fields,rolling hills,riding trails&woods.The views from any number of potential building sites are breathtaking.The original 1908 barn has been converted into fantastic work space w/six offices,loft area,3 bathrooms,kitchen,a fantastic conference room&an outside deck overlooking valley.

Last Agent to Sell the Property

John DeCosta

Keller Williams Realty Portland Premiere License #001861178 Listed on: 06/21/2013

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Eva Sanders

John L. Scott Portland Central License #940900067

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,297

Lot Details

  • Waterfront
  • Creek or Stream
  • Irrigation Equipment
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned AF-20

Utilities

  • Septic Tank
  • Cable TV Available

Additional Features

  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,297

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Legal Description: PARTITION PLAT 2012-001 PARCEL 1

Exterior Features

  • Lot Size: 20 to 49.99 Acres
  • View: Mountain(s), Valley, Territorial
  • Waterfront Description: Creek
  • Waterfront: Yes
  • View: Yes
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Connected, Septic Tank, Cable Connected, Phone Connected

Association/Amenities

  • Existing Structures Description: Barn(s), Driveway, Fenced, Garage(s), Storage, Workshop

Lot Info

  • Lot Description: Cleared, Irrigated/Irrigation Equipment, Stream, Trees
  • Acres: 20.84
  • Zoning: AF-20
  • Present Use: Farm
  • Topography: Level, Rolling Slope, Sloped, Steep Slope
  • Soil Condition: Native

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 8413.40
  • Assessor Parcel Number: 00753731

MLS Schools

  • Elementary School: Boeckman Creek
  • High School: Wilsonville
  • Middle School: Athey Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2015
Sold by
Schafer Brent R and Schafer Marchelle J
Bought by
Schafer Family Trust
Current Estimated Value
$4,224,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,151,800
Outstanding Balance
$889,941
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$3,334,979

Purchase Details

Closed on
Feb 23, 2013
Sold by
Root Gordon C
Bought by
Columbia State Bank

Purchase Details

Closed on
Oct 31, 2003
Sold by
Root Douglas
Bought by
Root Gordon C
Source: Public Records

Range of Values:

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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
Schafer Family Trust -- Wfg Title
Columbia State Bank -- Fidelity National Title Or
Root Gordon C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schafer Family Trust $1,151,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2014 03/11/14 Sold $800,000 -15.8% --
10/02/2013 10/02/13 Pending -- -- --
06/21/2013 06/21/13 For Sale $950,000 -- --
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
2025 $34,297 $1,978,292 -- --
2024 $33,008 $1,920,683 -- --
2023 $33,008 $1,864,753 $0 $0
2022 $31,104 $1,810,451 $0 $0
2021 $28,580 $1,757,733 $0 $0
2020 $28,681 $1,706,539 $0 $0
2019 $36,916 $2,250,914 $0 $0
2018 $35,087 $2,185,356 $0 $0
2017 $33,003 $2,121,703 $0 $0
2016 $32,260 $2,059,907 $0 $0
2015 $9,448 $624,448 $0 $0
2014 $23,401 $661,462 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John DeCosta

    Seller's Agent in 2014

    John DeCosta

    Keller Williams Realty Portland Premiere

    (503) 702-0856

    45 Total Sales

    John DeCosta
    Section Image
  • Eva Sanders

    Buyer's Agent in 2014

    Eva Sanders

    John L. Scott Portland Central

    (503) 705-0755

    232 Total Sales

    Eva Sanders
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13197023

Regional Multiple Listing Service (RMLS)

APN: 00753731

Oregon Clackamas County West Linn 97068

1400 SW Schaeffer Rd Unit 400, West Linn, OR

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