NOT LISTED FOR SALE

1901 Palisades Terrace Dr Lake Oswego, OR 97034

McVey-South Shore Neighborhood

Estimated Value: $2,440,000 - $7,640,000

5 Beds
5 Baths
7,284 Sq Ft
$674/Sq Ft Est. Value

About This Home

This home is located at 1901 Palisades Terrace Dr, Lake Oswego, OR 97034 and is currently estimated at $4,907,401, approximately $673 per square foot. 1901 Palisades Terrace Dr is a home located in Clackamas County with nearby schools including Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2016
Sold by
Swanson Steven Brian and Swanson Glenna Flo
Bought by
Stewart Michael T and Stewart Deborah D
Current Estimated Value
$4,907,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,400,000
Outstanding Balance
$1,789,023
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,118,378

Purchase Details

Closed on
Sep 17, 2014
Sold by
Swanson Steven B and Swanson Glenna F
Bought by
Swanson Steven Brian and Swanso Flo Swanso

Purchase Details

Closed on
May 11, 2012
Sold by
Burke Stephanie A
Bought by
Swanson Steven B and Swanson Glenna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,960,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Burke Robert L and Burke Stephanie A
Bought by
Burke Robert L and Burke Stephanie A

Purchase Details

Closed on
Oct 6, 2000
Sold by
Bryan Eugene L and Bryan Elaine L
Bought by
Burke Robert L and Burke Stephanie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.21%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Stewart Michael T $3,400,000 First American
Swanson Steven Brian -- None Available
Swanson Steven B $2,800,000 Fidelity Natl Title Co Of Or
Burke Robert L -- None Available
Burke Robert L $980,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Michael T $2,400,000
Previous Owner Swanson Steven B $1,980,000
Previous Owner Swanson Steven B $1,960,000
Previous Owner Burke Robert L $987,689
Previous Owner Burke Robert L $170,000
Previous Owner Burke Robert L $400,000
Source: Public Records

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
2024 $49,721 $2,588,186 -- --
2023 $49,721 $2,512,802 $0 $0
2022 $46,581 $2,426,706 $0 $0
2021 $42,075 $2,304,373 $0 $0
2020 $40,788 $2,224,716 $0 $0
2019 $39,479 $2,143,332 $0 $0
2018 $37,542 $2,080,905 $0 $0
2017 $36,224 $2,020,296 $0 $0
2016 $32,974 $1,961,452 $0 $0
2015 $31,856 $1,904,322 $0 $0
2014 $31,445 $1,848,856 $0 $0
Source: Public Records

Map

Oregon Clackamas County Lake Oswego 97034 McVey-South Shore

1901 Palisades Terrace Dr, Lake Oswego, OR

This home is located at 1901 Palisades Terrace Dr, Lake Oswego, OR 97034 and is currently estimated at $4,907,401, approximately $673 per square foot. 1901 Palisades Terrace Dr is a home located in Clackamas County with nearby schools including Hallinan Elementary School, Lakeridge Middle School, and Lakeridge High School.

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