$651,000
SOLD MAR 25, 2022

17132 Lowenberg Terrace Lake Oswego, OR 97034

Palisades Neighborhood
0.23 Acre
$2,830,435 Price per Acre
10,019 Sq Ft Lot

Recently Sold

11% Above List Price

3 Days on Market

Highlights

  • Cul-De-Sac
  • Resident Manager or Management On Site
  • High Speed Internet
  • Hallinan Elementary School Rated A
  • Landscaped with Trees
  • Level Lot

About This Lot

As of February 2024

Great opportunity, last lot available in Lowenberg Terrace, ready to build your dream home. Lot square footage: 10,200 Acreage: 0.23 Adjacent home at 1150 Greentree Road also available for sale. See RMLS # All offers to be reviewed Saturday 2/19 at 3:00pm.

Last Agent to Sell the Property

Lori Ares

Berkshire Hathaway HomeServices NW Real Estate License #200612245 Listed on: 02/16/2022

Berkshire Hathaway HomeServices NW Real Estate

Last Buyer's Agent

Matt Ortiz

ORMACK Realty, INC. License #201210095

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,901

Lot Details

  • Cul-De-Sac
  • Level Lot
  • Landscaped with Trees
  • Property is zoned R-10

HOA Fees

  • $5 per month

Utilities

  • High Speed Internet

Community Details

  • Resident Manager or Management On Site

Property Details

Property Type

Land

Est. Annual Taxes

$21,901

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: Great opportunity, last lot available in Lowenberg Terrace, ready to build your dream home. Lot square footage: 10,200 Acreage: 0.23 Adjacent home at 1150 Greentree Road also available for sale. See RMLS # All offers to be reviewed Saturday 2/19 at 3:00pm.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: SUBDIVISION LOWENBERG TERRACE #2 4121 LT 13

Exterior Features

  • Lot Size: 10K-14,999SF
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Underground Utilities, Water Available, Cable Available
  • Internet Service Type: Cable

Condo/Co-op/Association

  • HOA Fees: 60
  • HOA Payment Frequency: Annually
  • HOA: Yes
  • Association Amenities: Management

Schools

  • Elementary School: Hallinan
  • Middle School: Lakeridge
  • High School: Lakeridge

Lot Info

  • Lot Description: Cul-de-sac, Trees, Public Road
  • Acres: 0.23
  • Zoning: R-10
  • Number Of Lots Total: 1
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 5300.06
  • Assessor Parcel Number: 05017466
  • Tax Year: 2021

MLS Schools

  • Elementary School: Hallinan
  • High School: Lakeridge
  • Middle School: Lakeridge

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2023
Closed on
Feb 1, 2024
Sold by
Ormack Investments Inc
Bought by
Anne C Peterson Trust and Peterson
Seller's Agent
Matt Ortiz
ORMACK Realty, INC.
Buyer's Agent
Jimi Hendrix
Neighbors Realty
List Price
$2,100,000
Sold Price
$2,010,000
Premium/Discount to List
-$90,000
-4.29%
Views
70
Current Estimated Value
$2,056,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,806
Avg. Annual Appreciation
1.86%

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 25, 2022
Sold by
Tyra Elisabeth Revocable Living Trust
Bought by
Ormack Investments Inc
Seller's Agent
Lori Ares
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Matt Ortiz
ORMACK Realty, INC.
List Price
$585,000
Sold Price
$651,000
Premium/Discount to List
$66,000
11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.33%
Original Mortgage
$423,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 24, 2022
Sold by
Tyra Elisabeth Revocable Living Trust
Bought by
Ormack Investments Inc
Seller's Agent
Lori Ares
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Matt Ortiz
ORMACK Realty, INC.
List Price
$585,000
Sold Price
$651,000
Premium/Discount to List
$66,000
11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 10, 2022
Sold by
Livin Vincent Arthur Lowenberg Revocable
Bought by
Tyra Elisabeth Revocable Living Trust
Seller's Agent
Lori Ares
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Matt Ortiz
ORMACK Realty, INC.
List Price
$585,000
Sold Price
$651,000
Premium/Discount to List
$66,000
11.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,000
Interest Rate
3.63%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 7, 2006
Sold by
Keystone Enterprises Inc
Bought by
Lowenberg Vincent Arthur and Lowenberg Tyra Elisabeth
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 Type Sale Price Title Company
Warranty Deed $2,010,000 Wfg Title
Warranty Deed $651,000 Fidelity National Title
Warranty Deed $651,000 Fidelity National Title
Bargain Sale Deed $98,000 None Listed On Document
Warranty Deed -- Accommodation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $177,300 Construction
Previous Owner $75,000 New Conventional
Previous Owner $423,000 Construction
Previous Owner $423,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2024 02/02/24 Sold $2,010,000 -2.0% $605 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/05/2024 01/05/24 Price Changed $2,050,000 -2.4% $617 / Sq Ft
11/23/2023 11/23/23 For Sale $2,100,000 +222.6% $632 / Sq Ft
03/25/2022 03/25/22 Sold $651,000 +11.3% --
02/19/2022 02/19/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $585,000 -- --
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
2023 $21,901 $307,953 $0 $0
2022 $5,739 $298,984 $0 $0
2021 $5,300 $290,276 $0 $0
2020 $5,167 $281,822 $0 $0
2019 $5,040 $273,614 $0 $0
2018 $4,793 $265,645 $0 $0
2017 $4,624 $257,908 $0 $0
2016 $4,209 $250,396 $0 $0
2015 $3,945 $243,103 $0 $0
2014 $3,833 $236,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22133379

Regional Multiple Listing Service (RMLS)

APN: 05017466