NOT LISTED FOR SALE

Estimated Value: $4,608,320 - $6,237,000

6 Beds
6 Baths
7,285 Sq Ft
$758/Sq Ft Est. Value

About This Home

This home is located at 2042 Summit Dr, Lakeoswego, OR 97304 and is currently estimated at $5,519,773, approximately $757 per square foot. 2042 Summit Dr 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2020
Sold by
Forsey Michael
Bought by
Michael Forsey Trust and Karyn Elizabeth Beall Trust
Current Estimated Value
$5,519,773

Purchase Details

Closed on
Sep 18, 2018
Sold by
Jones Jeffrey D and Jones Sandra J
Bought by
Jones Jeffrey D and Jones Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2004
Sold by
Smith Wallace E
Bought by
Jones Jeffrey D and Jones Sandra J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,200,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 1999
Sold by
Smith Frances E
Bought by
Smith Wallace E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.87%
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
Michael Forsey Trust -- --
Jones Jeffrey D -- None Available
Jones Jeffrey D $2,750,000 Chicago Title Co
Smith Wallace E -- Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Jeffrey D $1,928,000
Previous Owner Jones Jeffrey D $50,000
Previous Owner Jones Jeffrey D $2,000,000
Previous Owner Jones Jeffrey D $250,000
Previous Owner Jones Jeffrey D $4,100,000
Previous Owner Jones Jeff $0
Previous Owner Jones Jeffrey $400,000
Previous Owner Jones Jeffery D $2,075,000
Previous Owner Jones Jeffrey D $1,200,000
Previous Owner Jones Jeffrey D $2,200,000
Previous Owner Smith Wallace E $650,000
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
2023 $79,330 $4,000,419 $0 $0
2022 $74,715 $3,883,902 $0 $0
2021 $69,008 $3,770,779 $0 $0
2020 $67,274 $3,660,951 $0 $0
2019 $65,618 $3,554,322 $0 $0
2018 $62,401 $3,450,798 $0 $0
2017 $60,212 $3,350,289 $0 $0
2016 $54,817 $3,252,708 $0 $0
2015 $52,960 $3,157,969 $0 $0
2014 $52,275 $3,065,989 $0 $0
Source: Public Records

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