262 Cervantes Lake Oswego, OR 97035
Mountain Park NeighborhoodEstimated Value: $497,348 - $754,000
2
Beds
3
Baths
1,984
Sq Ft
$287/Sq Ft
Est. Value
About This Home
This home is located at 262 Cervantes, Lake Oswego, OR 97035 and is currently estimated at $570,087, approximately $287 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
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | $226,800 | |
| Previous Owner | Vizon Gilberto S | $184,500 | |
| Previous Owner | Carlson Michael R | $136,500 |
Source: Public Records
Tax History Compared to Growth
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 | $8,001 | $364,810 | -- | -- |
| 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
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