NOT LISTED FOR SALE

Estimated Value: $1,006,000 - $1,763,000

8 Acres
$181,818 Price per Acre
341,510 Sq Ft Lot

Last Sold May 21, 2020

Last sale price $1,200,000 $637 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $8,278/month

124 Days on Market

Highlights

  • Greenhouse
  • River View
  • Private Lot
  • Stafford Primary School Rated A-
  • 7.84 Acre Lot
  • No HOA

About This Lot

As of May 2020

Great Opportunity in Clackamas county. 7.84 acre property that sits on the Tualatin River just outside city limits of Lake Oswego, Tualatin, & West Linn. Less then 1/2 mile away from I205, this property has lots of potential and is an investment for future development. Numerous structures and improvements on the property including a fixer home, shop, & storage buildings. Schedule for walkthrough. Not a drive by!

Last Listed By

Daniel Belza

Great Western Real Estate Co License #201227832 Listed on: 11/16/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,684

Year Built

  • 1925

Lot Details

  • 7.84 Acre Lot
  • River Front
  • Private Lot
  • Level Lot
  • Landscaped with Trees
  • Property is zoned RRFF5

Parking

  • Driveway

Property Views

  • River
  • Territorial

Schools

  • Stafford Elementary School
  • Athey Creek Middle School
  • Wilsonville High School

Mobile Home

Utilities

  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 00393498

Community Details

Overview

  • No Home Owners Association

Recreation

  • Greenhouse
  • Separate Outdoor Workshop
  • Shed

Property Details

Property Type

Land

Est. Annual Taxes

$3,684

Year Built

1925

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: SingleFamilyResidence
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Year Built: 1925

Interior Features

  • Lot Size Range: Acres7to10

Exterior Features

  • Lot Size: 7 to 9.99 Acres
  • Waterfront: Yes
  • View: Yes
  • Road Frontage: Yes
  • Lot Features: Private, Trees
  • Water Body Name: Tualatin River
  • Waterfront Features: RiverFront
  • Disclosures: Disclosure
  • Other Structures: Driveway, Greenhouse, MobileHome, Shed, Storage, Workshop
  • View: River,Territorial

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityConnected, SepticTank, Well
  • Cooling Y N: No
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Stafford
  • High School: Wilsonville
  • Middle Or Junior School: Athey Creek

Lot Info

  • Zoning: RRFF5
  • Present Use: ManufacturedHome, MixedUse
  • Land Description: Level
  • Lot Size Acres: 7.84
  • Lot Size Sq Ft: 341510.0
  • Parcel #: 00393498

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3683.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2019
Closed on
May 19, 2020
Sold by
Lee Paul
Bought by
215 Borland Llc
Seller's Agent
Daniel Belza
Great Western Real Estate Co
Buyer's Agent
Pat Kaplan
Kaplan Real Estate Group
List Price
$1,399,000
Sold Price
$1,200,000
Premium/Discount to List
-$199,000
-14.22%
Total Days on Market
124
Current Estimated Value
$1,425,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,456
Avg. Annual Appreciation
7.66%
Original Mortgage
$780,000
Outstanding Balance
$454,191
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$1,280,521

Purchase Details

Closed on
Aug 24, 1996
Sold by
Chamberlain Michael E and Chamberlain Lynne E
Bought by
Lee Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,900
Interest Rate
8.23%

Purchase Details

Closed on
Oct 17, 1995
Sold by
Chamberlain Michael E
Bought by
Chamberlain Lynne E and Chamberlain Michael E

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 Buyer Sale Price Title Company
215 Borland Llc $1,200,000 Ticor Title
Lee Paul $299,900 Stewart Title
Chamberlain Lynne E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 215 Borland Llc $780,000
Previous Owner Lee Paul $250,000
Previous Owner Lee Paul $150,000
Previous Owner Lee Paul $224,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2020 05/21/20 Sold $1,200,000 0.0% $637 / Sq Ft
03/18/2020 03/18/20 Pending -- -- --
12/04/2019 12/04/19 Price Changed $1,200,000 -14.2% $637 / Sq Ft
11/15/2019 11/15/19 For Sale $1,399,000 -- $743 / 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
2023 $4,505 $254,484 $0 $0
2022 $4,245 $247,077 $0 $0
2021 $4,016 $239,884 $0 $0
2020 $4,060 $232,901 $0 $0
2019 $3,864 $226,120 $0 $0
2018 $3,684 $219,536 $0 $0
2017 $3,538 $213,144 $0 $0
2016 $3,434 $206,938 $0 $0
2015 $3,261 $200,913 $0 $0
2014 $3,124 $195,063 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19568351

Regional Multiple Listing Service (RMLS)

APN: 00393498