NOT LISTED FOR SALE

203 Cervantes Unit 2 Lake Oswego, OR 97035

Mountain Park Neighborhood

Estimated Value: $287,801 - $370,000

2 Beds
2 Baths
1,100 Sq Ft
$449/mo HOA Fee

Last Sold September 24, 2018

Last sale price $270,000 $245 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,513/month

28 Days on Market

Highlights

  • View of Trees or Woods
  • Bamboo Flooring
  • Granite Countertops
  • Private Lot
  • High Ceiling
  • Stainless Steel Appliances

About This Home

As of September 2018

Extremely private corner unit surrounded by lush trees with a large balcony to help you enjoy the serene views! This condo is spacious and move-in ready. Updated: windows, kitchen appliances and countertops, crisp bathrooms, fresh paint, and new flooring throughout. Step into your new home and live in the commuter friendly, amenity-rich community of Mountain Park. The pool awaits!

Last Agent to Sell the Property

PERLA MARTINEZ EVANS

Think Real Estate License #201216166 Listed on: 07/14/2018

Think Real Estate

Last Buyer's Agent

Seth Cooper

45 North Realty License #200811038

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,131

Year Built

  • Built in 1981

Lot Details

  • 3,049

HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Bay Window
  • Family Room
  • Living Room
  • Dining Room
  • Views of Woods
  • Washer and Dryer

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Bamboo
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Markham Elementary School
  • Jackson Middle School
  • Wilson High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Corner Lot
  • Upper Level

Listing and Financial Details

  • Assessor Parcel Number R131756

Community Details

Overview

  • 20 Units
  • Cervantes Villas Condominiums Association, Phone Number (503) 684-1832
  • Mountain Park Subdivision

Amenities

  • Community Deck or Porch
  • Common Area

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,131

Year Built

Built in 1981

Lot Details

0

HOA Fees

$449 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1981
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumUnitsInComplex: 20
  • CondominiumWasherDryer: HookupAvailable
  • Open House: No
  • PublicRemarksCondominium: Buyer to verify all information. Per management company: no rental restrictions.Mountain Park: https://mtparkhoa.com/Superior Management : http://www.superiorcommunity.com
  • Room 12 Features: Fireplace
  • Room 13 Features: BayWindow
  • Room 7 Features: BayWindow
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: BambooFloor, CeilingFan, Granite, HighCeilings, TileFloor, WasherDryer
  • Room 4 Description: Nook
  • Room 4 Level: Main
  • Appliances: BuiltinRange, Dishwasher, Disposal, FreeStandingRefrigerator, Granite, Microwave, Pantry, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Private
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OffStreet
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Deeded

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: UpperFloor
  • Association Amenities: Commons, Sewer, Trash, Water
  • Senior Community: No
  • Association #2 Fee: 40.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 409.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Jessica Garner
  • CondominiumAssociationName: CERVANTES VILLAS CONDOMINIUMS
  • CondominiumAssociationPhone: 503-684-1832
  • CondominiumAssociationURLYN: No

Schools

  • Elementary School: Markham
  • High School: Wilson
  • Middle Or Junior School: Jackson

Lot Info

  • Farm: No
  • Parcel #: R131756

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2017
  • Tax Annual Amount: 3130.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2018
Closed on
Sep 24, 2018
Sold by
Petersen Bianca
Bought by
Whitney Grier E
Seller's Agent
PERLA MARTINEZ EVANS
Think Real Estate
Buyer's Agent
Seth Cooper
45 North Realty
List Price
$380,000
Sold Price
$270,000
Premium/Discount to List
-$110,000
-28.95%
Current Estimated Value
$324,450

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,450
Avg. Annual Appreciation
2.60%
Interest Rate
4.65%

Purchase Details

Closed on
Aug 24, 2012
Sold by
Federal National Mortgage Association
Bought by
Petersen Bianca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2012
Sold by
Soffner Alice Francine
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 14, 2004
Sold by
Federal National Mortgage Association
Bought by
Soffner Alice Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,100
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 1997
Sold by
Edmonds Jeffrey A
Bought by
Edmonds Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
9.65%
Source: Public Records

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
Whitney Grier E $270,000 --
Petersen Bianca $108,000 Chicago Title Company
Fannie Mae $115,512 Accommodation
Soffner Alice Francine $113,900 Chicago Title Co
Edmonds Jeffrey A -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Whitney Grier E --
Previous Owner Petersen Bianca $102,600
Previous Owner Soffner Alice Francine $91,100
Previous Owner Edmonds Jeffrey A $97,500
Closed Soffner Alice Francine $11,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $270,000 -28.9% $245 / Sq Ft
08/11/2018 08/11/18 Pending -- -- --
07/14/2018 07/14/18 For Sale $380,000 -- $345 / 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 $4,278 $192,140 -- $192,140
2024 $4,180 $186,550 -- $186,550
2023 $4,068 $181,120 $0 $181,120
2022 $3,937 $175,850 $0 $0
2021 $3,645 $170,730 $0 $0
2020 $3,428 $165,760 $0 $0
2019 $3,482 $160,940 $0 $0
2018 $3,413 $156,260 $0 $0
2017 $3,131 $151,710 $0 $0
2016 $2,693 $147,300 $0 $0
2015 $2,436 $143,010 $0 $0
2014 $2,482 $139,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • PERLA MARTINEZ EVANS

    Seller's Agent in 2018

    PERLA MARTINEZ EVANS

    Think Real Estate

    (503) 388-4837

    92 Total Sales

    PERLA MARTINEZ EVANS
    Section Image

  • S

    Buyer's Agent in 2018

    Seth Cooper

    45 North Realty

    (503) 228-3149

    4 Total Sales

    Seth Cooper
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18076178

Regional Multiple Listing Service (RMLS)

APN: R131756

Oregon Multnomah County Lake Oswego 97035 Mountain Park

203 Cervantes Unit 2, Lake Oswego, OR

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