NOT LISTED FOR SALE

16877 SW Colorado Ln Tigard, OR 97224

River Terrace Neighborhood

Estimated Value: $556,000 - $592,000

5 Beds
3.5 Baths
2,408 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $530,000 $220 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,669/month

101 Days on Market

Highlights

  • New Construction
  • View of Trees or Woods
  • High Ceiling
  • Twality Middle School Rated A-
  • Adjacent to Greenbelt
  • 4-minute walk to River Terrace & Darling Lane Playground

About This Home

As of December 2023

MLS#23277674. REPRESENTATIVE PHOTOS ADDED. December CompltionCompletion! Perfect for entertaining, the Rosebay at South River Terrace Innovate features a bright and oversized living room plus a main level bedroom and powder room for guests. The spacious kitchen is open to the living areas and has a long center island with bar style seating. Upstairs are 4 more bedrooms including the primary suite with deluxe bath and generous walk-in closet. Bedrooms two and four share a Jack & Jill bath with a third bath adjacent to bedroom three. Close to Progress Ridge, shopping, restaurants, and entertainment. Easy access to downtown Portland, and Scholls Ferry/HWY 217. Take the backroads to Oregon Beaches and wine country.

Last Agent to Sell the Property

Cody Jurgens

TNHC Oregon Realty LLC Brokerage Phone: 503-447-3104 License #201221900 Listed on: 05/19/2023

Co-Listed By

Elizabeth Davis

Cascadian South Corp. Brokerage Phone: 503-447-3104 License #940600168

Last Buyer's Agent

Wendy Zhu

Crestview Realty, LLC License #201211353

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,154

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Adjacent to Greenbelt
  • Terraced Lot

HOA Fees

  • $207 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Woods
  • Territorial

Home Design

  • Composition Roof
  • Cement Siding
  • Low Volatile Organic Compounds (VOC) Products or Finishes

Interior Spaces

  • 2,408 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Smart Thermostat
  • Kitchen Island
  • Laundry Room

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Porch

Schools

  • Art Rutkin Elementary School
  • Twality Middle School
  • Tualatin High School

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number Not Found

Community Details

Overview

  • Nova Association, Phone Number (503) 973-9213
  • South River Terrace Innovate Subdivision
  • On-Site Maintenance
  • Greenbelt

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,154

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$207 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2023
  • 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: No
  • New Construction Oregon C C B Notices Attached: Yes
  • New Construction Permit Number: on file
  • Property Sub Type: Condominium
  • Architectural Style: Stories2, Townhouse
  • New Construction: Yes
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksCondominium: Located in the master-planned development of River Terrace, enjoy low maintenance living and parks & trails. Close to shopping centers & Progress Lake.
  • Room 11 Features: Island
  • Room 12 Features: GreatRoom
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 3.1
  • Interior Amenities: HighCeilings, LaminateFlooring, LoVOCMaterial, SmartThermostat, WalltoWallCarpet
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: _5thBedroom
  • Room 5 Level: Lower
  • Room 6 Description: Laundry
  • Room 6 Level: Upper
  • Appliances: Island
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Association Contact: Michael Del Gaiso
  • BathroomsFullUpperLevel: 3
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 3.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: Porch
  • View: Yes
  • Lot Features: GreenBelt, Terraced
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: Territorial,TreesWoods

Garage/Parking

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

Utilities

  • Fuel Description: Gas
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: Commons, ExteriorMaintenance, Insurance, MaintenanceGrounds, Management
  • Senior Community: No
  • Association Fee: 207.0
  • Association Fee Frequency: Monthly
  • Association Name: Nova
  • Phone: 503-973-9202
  • Association: Yes
  • Association Email: michael.delgaiso@novaamp.com

Association/Amenities

  • AssociationAddress: 5550 S Macadam Ave ste 210
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active
  • CondominiumAssociationContact: Marisol Espinavarro
  • CondominiumAssociationEmail: solution.team@novaamp.com
  • CondominiumAssociationName: NOVA
  • CondominiumAssociationPhone: 503-973-9213
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Art Rutkin
  • High School: Tualatin
  • Middle Or Junior School: Twality

Lot Info

  • Farm: No
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 1.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Polygon Wlh Llc
Bought by
Fan Xin and Yin Feng
Current Estimated Value
$571,954
Source: Public Records

Range of Values:

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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
Fan Xin $530,000 Fidelity National Title Compan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $530,000 -4.3% $220 / Sq Ft
08/29/2023 08/29/23 Pending -- -- --
08/24/2023 08/24/23 Price Changed $553,990 -1.1% $230 / Sq Ft
06/26/2023 06/26/23 Price Changed $559,990 +0.4% $233 / Sq Ft
06/07/2023 06/07/23 Price Changed $557,990 -4.3% $232 / Sq Ft
05/19/2023 05/19/23 For Sale $582,990 -- $242 / 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 $5,154 $302,300 -- --
2024 -- $565,800 -- $565,800
Source: Public Records

Agents Affiliated with this Home

  • Cody Jurgens

    Seller's Agent in 2023

    Cody Jurgens

    TNHC Oregon Realty LLC

    (971) 409-7951

    153 in this area

    197 Total Sales

    Cody Jurgens
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Elizabeth Davis

    Cascadian South Corp.

    (503) 447-3104

    114 in this area

    159 Total Sales

    Elizabeth Davis
    Section Image

  • W

    Buyer's Agent in 2023

    Wendy Zhu

    Crestview Realty, LLC

    (503) 729-8208

    2 in this area

    108 Total Sales

    Wendy Zhu
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23277674

Regional Multiple Listing Service (RMLS)

APN: R2230974

Oregon Washington County Tigard 97224 River Terrace

16877 SW Colorado Ln, Tigard, OR

This home is located at 16877 SW Colorado Ln, Tigard, OR 97224 since 19 May 2023 and is currently estimated at $571,954, approximately $237 per square foot. This property was built in 2023. 16877 SW Colorado Ln is a home located in Washington County with nearby schools including Twality Middle School, Tualatin High School, and Gaarde Christian 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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