NOT LISTED FOR SALE

27401 SW Lenske Ln Wilsonville, OR 97070

Estimated Value: $2,467,596 - $2,521,000

49.92 Acres
$50,124 Price per Acre
2,174,515 Sq Ft Lot

Last Sold August 15, 2024

Last sale price $2,425,000 $921 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $14,446/month

288 Days on Market

Highlights

  • Greenhouse
  • View of Trees or Woods
  • No HOA
  • Meridian Creek Middle School Rated A-
  • 49.92 Acre Lot
  • Garage

About This Lot

As of August 2024

This 49+ acre property located in the desirable Stafford countryside offers truly unique real estate opportunities. This property features 3 homes, 2 of them in great condition with one fixer with permit grandfathered in. First - the possibility of building a 3rd Home to accompany the 2 terrific existing Homes. Next are the many ways to use the land: Expand the organic vegetable garden, plant more fruit trees, raise animals in the fenced pastures, and/or simply lease the big flat field for hay. Water rights, silty loam soil. A fenced area contains 3 hoop house frames plus a 4725 square foot Outbuilding with 5 rooms, all with 3 phase power, concrete flooring, H2O, mini-splits and a loft area. All in all this peaceful pastoral property is suitable for numerous homes and numerous reasons. See ML#23290826 for information about 2 existing homes.

Last Agent to Sell the Property

William Grippo

Windermere Realty Trust Brokerage Phone: 503-997-3239 License #920800164 Listed on: 08/25/2023

Windermere Realty Trust

Co-Listed By

Deena Kraft

Windermere Realty Trust Brokerage Phone: 503-997-3239 License #921100280

Last Buyer's Agent

Dustin Funes

Premiere Property Group, LLC License #200408077

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,940

Lot Details

  • 49.92 Acre Lot
  • Fenced
  • Irrigation
  • Property is zoned EFU

Property Views

  • Woods
  • Territorial

Home Design

  • Metal Roof

Parking

  • Garage
  • Driveway

Additional Homes

  • Residence on Property

Schools

  • Boeckman Creek Elementary School
  • Meridian Creek Middle School
  • Wilsonville High School

Utilities

  • Well
  • Septic Tank
  • Phone Connected

Listing and Financial Details

  • Assessor Parcel Number 00757425

Community Details

Overview

  • No Home Owners Association

Recreation

  • Electricity More than 500 Feet Away
  • Greenhouse
  • Separate Outdoor Workshop
  • Outdoor Storage

Property Details

Property Type

Land

Est. Annual Taxes

$13,940

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: ResidentialRecreational
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: _3Phase,Volts440,ConcreteFloor,ElectricityConnected,Heated,Loft,Plumbed
  • OtherStructuresRoof1: Metal
  • OtherStructuresType1: Workshop
  • Special Features: None

Interior Features

  • Lot Size Range: Acres20to50
  • OtherStructuresBathsTotal: 0.00

Exterior Features

  • Lot Size: 20 to 49.99 Acres
  • View: Yes
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Other Structures: Driveway, Fenced, Garage, Greenhouse, Residence, Storage
  • View: Territorial,TreesWoods

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: IrrigationWaterAvailable, PhoneAvailable, PhoneConnected, Power500FeetPlus, StandardSeptic, Well
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Boeckman Creek
  • High School: Wilsonville
  • Middle Or Junior School: Meridian Creek

Lot Info

  • Water Rights Current: Yes
  • Zoning: EFU
  • Present Use: Agricultural, Residential
  • Soil Type Classification: 3 Silty Loams
  • Land Description: GentleSloping,Level
  • Land Lease: No
  • Lot Size Acres: 49.92
  • Lot Size: L-Shaped
  • Lot Size Sq Ft: 2174515.0
  • Parcel #: 00757425

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: Yes
  • Tax Year: 2022
  • Tax Annual Amount: 13939.88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Aug 13, 2024
Sold by
Four Green Fields Llc
Bought by
George Christopher L and George Kylie M
Seller's Agent
William Grippo
Windermere Realty Trust
Buyer's Agent
Dustin Funes
Premiere Property Group, LLC
List Price
$2,950,000
Sold Price
$2,425,000
Premium/Discount to List
-$525,000
-17.8%
Views
144
Current Estimated Value
$2,502,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,199
Avg. Annual Appreciation
2.62%
Original Mortgage
$1,900,000
Outstanding Balance
$1,880,214
Interest Rate
6.4%
Mortgage Type
New Conventional
Estimated Equity
$615,447

Purchase Details

Closed on
Mar 24, 2018
Sold by
Mcaleese Properties Llc
Bought by
Four Green Fields Llc

Purchase Details

Closed on
Oct 19, 2015
Sold by
American Eagle Mortgage 600 Llc
Bought by
Mcaleese Denis G and Mcaleese Lucille M

Purchase Details

Closed on
Aug 24, 2012
Sold by
Webster Robert E
Bought by
American Eagle Mortgage #600 Llc

Purchase Details

Closed on
Jan 16, 2010
Sold by
Malbin Norman and Malbin Wendy
Bought by
Webster Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
5.11%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1999
Sold by
Lenske Reuben
Bought by
Malbin Norman and Malbin Wendy

Purchase Details

Closed on
Apr 27, 1998
Sold by
Lenske Reuben
Bought by
Malbin Norman and Malbin Wendy
Source: Public Records

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
George Christopher L $2,425,000 Chicago Title
Four Green Fields Llc -- None Available
Mcaleese Denis G $800,000 Wfg Title
American Eagle Mortgage #600 Llc -- None Available
Webster Robert E $1,187,500 Ticor Title
Malbin Norman -- --
Malbin Norman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Christopher L $1,900,000
Previous Owner Webster Robert E $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $2,425,000 -11.8% $921 / Sq Ft
06/10/2024 06/10/24 Pending -- -- --
04/27/2024 04/27/24 Price Changed $2,750,000 -6.8% $1,045 / Sq Ft
08/26/2023 08/26/23 For Sale $2,950,000 -- $1,121 / 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 $14,787 $890,090 -- --
2023 $14,787 $864,184 $0 $0
2022 $13,940 $839,044 $0 $0
2021 $13,175 $814,636 $0 $0
2020 $13,320 $790,914 $0 $0
2019 $12,612 $767,886 $0 $0
2018 $12,158 $745,542 $0 $0
2017 $11,684 $723,817 $0 $0
2016 $10,184 $626,209 $0 $0
2015 $9,750 $607,973 $0 $0
2014 $9,121 $590,285 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23487639

Regional Multiple Listing Service (RMLS)

APN: 00757425