NOT LISTED FOR SALE

262 Cervantes Lake Oswego, OR 97035

Mountain Park Neighborhood

Estimated Value: $492,275 - $551,000

2 Beds
3 Baths
1,984 Sq Ft
$266/Sq Ft Est. Value

About This Home

This home is located at 262 Cervantes, Lake Oswego, OR 97035 and is currently estimated at $527,569, approximately $265 per square foot. 262 Cervantes is a home located in Multnomah County with nearby schools including Markham Elementary School, Jackson Middle School, and Ida B. Wells-Barnett High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 6, 2022
Sold by
Melum Arla J
Bought by
Arla J Melum Trust
Current Estimated Value
$527,569

Purchase Details

Closed on
Oct 23, 2013
Sold by
Vizon Gilberto S
Bought by
Melum Arla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,800
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1997
Sold by
Carlson Michael R
Bought by
Vizon Gilberto S and Vizon Janine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 1996
Sold by
Mrc Builders Northwest Inc
Bought by
Carlson Michael R and Carlson Sheila E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
8.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 1996
Sold by
Northern Star Inc
Bought by
Mrc Builders Northwest Inc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Arla J Melum Trust -- --
Melum Arla J $252,000 Wfg Title
Vizon Gilberto S $200,000 Ticor Title Insurance
Carlson Michael R -- Oregon Title Insurance Co
Mrc Builders Northwest Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melum Arla J $291,000
Previous Owner Melum Aral J $30,000
Previous Owner Melum Arla J $277,000
Previous Owner Melum Arla J $30,000
Previous Owner Melum Arla J $226,800
Previous Owner Vizon Gilberto S $184,500
Previous Owner Carlson Michael R $136,500
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 $7,798 $354,190 -- --
2023 $7,410 $343,880 $0 $0
2022 $7,014 $333,870 $0 $0
2021 $6,676 $324,150 $0 $0
2020 $6,302 $314,710 $0 $0
2019 $6,423 $305,550 $0 $0
2018 $6,286 $296,660 $0 $0
2017 $6,028 $288,020 $0 $0
2016 $5,222 $279,640 $0 $0
2015 $4,961 $271,500 $0 $0
2014 $4,887 $263,600 $0 $0
Source: Public Records

Map

Oregon Multnomah County Lake Oswego 97035 Mountain Park

262 Cervantes, Lake Oswego, OR

This home is located at 262 Cervantes, Lake Oswego, OR 97035 and is currently estimated at $527,569, approximately $265 per square foot. 262 Cervantes is a home located in Multnomah County with nearby schools including Markham Elementary School, Jackson Middle School, and Ida B. Wells-Barnett High School.

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