NOT LISTED FOR SALE

16251 Reese Rd Lake Oswego, OR 97035

Lake Grove Neighborhood

Estimated Value: $994,000 - $1,120,000

3 Beds
2.5 Baths
2,555 Sq Ft
$410/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $742,000 $290 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,319/month

21 Days on Market

Highlights

  • Maid or Guest Quarters
  • Traditional Architecture
  • 2 Fireplaces
  • Lake Grove Elementary School Rated A+
  • Wood Flooring
  • Quartz Countertops

About This Home

As of June 2020

Darling home in Lake Grove! Walk to shops, restaurants, swim park, 3 Lake easements. Home features 3 bedrooms, and 2.5 baths. Separate caregiver space in lower level.Very light and brite. Home has been updated over the years but retains it's original charm. Large flat backyard perfect to enjoy the coming summer sun. This home is truly one of a kind and sure to impress you.Must see to fully appreciate.

Last Listed By

Ed Buchman

Opt License #891100036 Listed on: 05/07/2020

Opt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 1948

Lot Details

  • 10,018 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Cottage
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,555 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Vinyl Clad Windows
  • Wood Frame Window
  • Family Room
  • Living Room
  • Dining Room
  • Den
  • Wood Flooring
  • Finished Basement

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite

Schools

  • Lake Grove Elementary School
  • Lake Oswego Middle School
  • Lake Oswego High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Shed

Community Details

  • No Home Owners Association
  • Lake Grove Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00242080

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,088

Year Built

Built in 1948

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Cottage, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 12 Features: FireplaceInsert
  • Special Features: None

Interior Features

  • Accessibility Features: CaregiverQuarters
  • Total Bathrooms: 2.1
  • Fireplaces: 2
  • Interior Amenities: CeilingFan, GarageDoorOpener, HardwoodFloors
  • Room 4 Description: Den
  • Room 4 Level: Main
  • Room 5 Description: GuestQuarters
  • Room 5 Level: Lower
  • Basement: Finished
  • Window Features: VinylFrames, WoodFrames
  • Appliances: Dishwasher, Disposal, FreeStandingRange, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt10000to14999
  • Other Room10 Area: 196
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 88
  • Fifth Bedroom Area: 375
  • Bedroom 7 Area: 120
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 88
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Other Room9 Area: 120
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Fenced, ToolShed
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle Or Junior School: Lake Oswego

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10018.0
  • Parcel #: 00242080

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 5088.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2020
Closed on
Jun 24, 2020
Sold by
Minugh Angela and Angela A Minugh Trust
Bought by
Carpenter Kenneth S
Seller's Agent
Ed Buchman
Opt
Buyer's Agent
Wendy Snyder
Portland Creative Realtors
List Price
$745,000
Sold Price
$742,000
Premium/Discount to List
-$3,000
-0.4%
Total Days on Market
21
Current Estimated Value
$1,047,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,146
Avg. Annual Appreciation
8.12%
Original Mortgage
$510,400
Outstanding Balance
$461,319
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$623,281

Purchase Details

Closed on
Jun 9, 2016
Sold by
Minugh Angela A
Bought by
Minugh Angela and Angela A Minugh Trust

Purchase Details

Closed on
Oct 3, 2003
Sold by
Alexander James W and Alexander Mary Louise
Bought by
Minugh Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

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
Carpenter Kenneth S $742,000 First American
Minugh Angela -- None Available
Minugh Angela A $220,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carpenter Kenneth S $510,400
Previous Owner Minugh Angela A $100,000
Previous Owner Minugh Angela A $210,000
Previous Owner Minugh Angela A $176,000
Closed Minugh Angela A $33,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $742,000 -0.4% $290 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/07/2020 05/07/20 For Sale $745,000 -- $292 / 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
2023 $6,151 $310,202 $0 $0
2022 $5,794 $301,167 $0 $0
2021 $5,351 $292,396 $0 $0
2020 $5,217 $283,880 $0 $0
2019 $5,088 $275,612 $0 $0
2018 $4,839 $267,584 $0 $0
2017 $4,669 $259,790 $0 $0
2016 $4,251 $252,223 $0 $0
2015 $4,107 $244,877 $0 $0
2014 $4,054 $237,745 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ed Buchman

    Seller's Agent in 2020

    Ed Buchman

    Opt

    (503) 341-5858

    6 in this area

    44 Total Sales

    Ed Buchman
    Section Image
  • Wendy Snyder

    Buyer's Agent in 2020

    Wendy Snyder

    Portland Creative Realtors

    (503) 810-6470

    1 in this area

    81 Total Sales

    Wendy Snyder
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20086413

Regional Multiple Listing Service (RMLS)

APN: 00242080

Oregon Clackamas County Lake Oswego 97035 Lake Grove

16251 Reese Rd, Lake Oswego, OR

Homes for Sale in Lake Oswego, OR

This home is located at 16251 Reese Rd, Lake Oswego, OR 97035 since 07 May 2020 and is currently estimated at $1,047,146, approximately $409 per square foot. This property was built in 1948. 16251 Reese Rd is a home located in Clackamas County with nearby schools including Lake Grove Elementary School, Lake Oswego Junior High School, and Lake Oswego Senior High School.

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