NOT LISTED FOR SALE

24075 SW Melott Rd Hillsboro, OR 97123

Estimated Value: $694,000 - $875,000

3 Beds
3 Baths
2,595 Sq Ft
$314/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $725,000 $279 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,802/month

6 Days on Market

Highlights

  • Private Pool
  • RV Access or Parking
  • Deck
  • Ewing Young Elementary School Rated A-
  • View of Trees or Woods
  • Private Lot

About This Home

As of February 2023

Affordability meets Dream Home! Step into a private escape on the luxurious Bald Peak. This beautiful home boasts vaulted ceilings, a spacious kitchen, and a breathtaking view of Mount Hood. Entertain your family and friends in the fully finished basement or enjoy a dip in the heated swimming pool. 3+ acres of serenity and beauty.

Last Agent to Sell the Property

Tim Kaelin

Coldwell Banker Professional License #201245456 Listed on: 01/26/2023

Coldwell Banker Professional

Last Buyer's Agent

JANEL HUNTLEY

Janel Huntley Realty License #200809093

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,088

Year Built

  • Built in 1977

Lot Details

  • 3.35 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned VLDR-5

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage on Main Level
  • Garage Door Opener
  • Driveway
  • RV Access or Parking

Property Views

  • Woods
  • Mountain

Home Design

  • Split Level Home
  • Slab Foundation
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,595 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Clad Windows
  • Aluminum Window Frames
  • Family Room
  • Living Room
  • Dining Room
  • Engineered Wood Flooring
  • Security Lights

Kitchen

  • Free-Standing Gas Range
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Soaking Tub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Accessible Home Design

  • Accessibility Features
  • Accessible Parking

Outdoor Features

  • Private Pool
  • Deck
  • Shed
  • Porch

Schools

  • Ewing Young Elementary School
  • Chehalem Valley Middle School
  • Newberg High School

Utilities

  • Cooling Available
  • Heating System Uses Propane
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 563

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,088

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1977
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Split
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, Parking, WalkinShower
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, EngineeredHardwood, GarageDoorOpener, HighCeilings, Laundry, SoakingTub, WasherDryer
  • Basement: Daylight, Finished, FullBasement
  • Window Features: AluminumFrames, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRange, FreeStandingRefrigerator, Pantry, RangeHood, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: Acres3to5
  • Additional Room 10 Level: Lower
  • Room 11 Level: Upper
  • Room 12 Level: Upper
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Upper

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Deck, Pool, Porch, PrivateRoad, RVParking, SecurityLights, ToolShed
  • Lot Size: 3 to 4.99 Acres
  • Foundation Details: Slab
  • R V Description: RVParking
  • View: Yes
  • Lot Features: Private, Trees, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: Mountain,TreesWoods

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, ParkingPad
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Propane
  • Hot Water: Electricity
  • Internet Service Type: Wireless
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: SepticTank
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Ewing Young
  • High School: Newberg
  • Middle Or Junior School: Chehalem Valley

Lot Info

  • Farm: No
  • Zoning: VLDR-5
  • Lot Size Acres: 3.35
  • Lot Size Sq Ft: 145926.0
  • Parcel #: 563

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4087.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2023
Closed on
Feb 2, 2023
Sold by
Schmidt Leonard R
Bought by
Albin Andrew and Albin Alison
Seller's Agent
Tim Kaelin
Coldwell Banker Professional
Buyer's Agent
JANEL HUNTLEY
Janel Huntley Realty
List Price
$749,900
Sold Price
$725,000
Premium/Discount to List
-$24,900
-3.32%
Views
40
Current Estimated Value
$815,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,660
Avg. Annual Appreciation
4.39%
Original Mortgage
$688,750
Outstanding Balance
$670,868
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$135,256
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
Albin Andrew $725,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Albin Andrew $688,750
Previous Owner Schmidt Leonard R $25,000
Previous Owner Schmidt Leonard R $283,000
Previous Owner Schmidt Leonard R $294,700
Previous Owner Schmidt Leonard R $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $725,000 -3.3% $279 / Sq Ft
02/02/2023 02/02/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $749,900 -- $289 / 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
2024 $4,296 $330,460 -- --
2023 $4,171 $320,835 $0 $0
2022 $4,088 $311,490 $0 $0
2021 $4,004 $302,418 $0 $0
2020 $3,571 $293,609 $0 $0
2019 $3,557 $285,058 $0 $0
2018 $3,622 $276,755 $0 $0
2017 $3,524 $268,694 $0 $0
2016 $3,461 $260,867 $0 $0
2015 $3,348 $253,272 $0 $0
2014 $3,080 $245,896 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23164309

Regional Multiple Listing Service (RMLS)

APN: 563