NOT LISTED FOR SALE

2855 Upper Dr Lake Oswego, OR 97035

Lake Grove Neighborhood

Estimated Value: $1,135,838 - $1,380,000

2 Beds
2 Baths
1,932 Sq Ft
$638/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $1,195,000 $619 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,764/month

Highlights

  • Barn
  • Deck
  • Wood Flooring
  • Lake Grove Elementary School Rated A+
  • Vaulted Ceiling
  • 1 Fireplace

About This Home

As of June 2022

RARE opportunity on nearly an acre in the coveted Lake Grove neighborhood! Bring your vision and remodel the existing home or build new. Home features main-level living w/hardwood floors, vaulted T&G ceilings, open living space & large lower-level family room. Don't miss the HUGE 36x40 6-car garage/shop w/heat. Peaceful setting on .95 acre in prime location. 3 lake easements. Enjoy nearby restaurants, shops, parks, trails & swim park. <2 mi to Downtown LO!

Last Agent to Sell the Property

Jessica Lee Stephens

Windermere Realty Trust License #200707049 Listed on: 05/12/2022

Windermere Realty Trust

Last Buyer's Agent

Ross Seligman

Real Broker License #200501067

Real Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,796

Year Built

  • Built in 1948

Lot Details

  • Private Yard
  • Property is zoned R-10

Parking

  • Detached Garage
  • Oversized Parking
  • Workshop in Garage

Home Design

  • Block Foundation
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Wood Flooring

Basement

  • Partial Basement
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Deck
  • Barn

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,796

Year Built

Built in 1948

Lot Details

0

Parking

6

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Daylight Ranch
  • Sq Ft Calculated: 1158
  • Sq Ft Approximate Total: 1932
  • Stories: 2
  • Year Built: 1948
  • Property Condition: Resale
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Laundry, Storage
  • All Room Features: Fireplace, Hardwood Floors, Island, Vaulted Ceiling(s)
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Vaulted Ceiling(s)
  • Kitchen Appliances: Dishwasher, Island, Granite, Stainless Steel Appliance(s)
  • Legal Description: 434 LAKE VIEW VILLAS PLAT 4 PT LT 204
  • Sq Ft Lower Level: 774
  • Sq Ft Main Level: 1158
  • Bedrooms: 2
  • Master Bedroom: Features: Hardwood Floors, Vaulted Ceiling(s),On Level: Main,Dimensions: 16x14
  • Bedroom 2: On Level: Main,Dimensions: 10x10
  • Full Bathrooms: 2
  • Basement: Crawl Space, Partial Basement
  • Dining Room: Features: Hardwood Floors,On Level: Main,Dimensions: 11x8
  • Family Room: On Level: Lower,Dimensions: 27x16
  • Living Room: Features: Fireplace, Hardwood Floors, Vaulted Ceiling(s),On Level: Main,Dimensions: 19x13
  • Kitchen: Features: Island,On Level: Main,Dimensions: 14x12
  • Additional Room 1: Description: Laundry,On Level: Lower
  • Additional Room 2: Description: Storage,On Level: Lower
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2

Exterior Features

  • Exterior Description: Block
  • Exterior Features: Barn(s), Deck, Workshop, Yard
  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • Foundation Details: Block

Garage/Parking

  • Garage Or Parking Spaces: 6
  • Garage Type: Detached, Oversized

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Septic Tank
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Lot Info

  • Acres: 0.95
  • Zoning: R-10

Tax Info

  • Tax Amount: 7606.54
  • Assessor Parcel Number: 00238362
  • Tax Year: 2021

MLS Schools

  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle School: Lake Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2022
Closed on
May 24, 2022
Sold by
Baha Industries Llc
Bought by
Zuck Family Trust
Seller's Agent
Jessica Lee Stephens
Windermere Realty Trust
Buyer's Agent
Ross Seligman
Real Broker
List Price
$1,195,000
Sold Price
$1,195,000
Current Estimated Value
$1,231,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,960
Avg. Annual Appreciation
0.90%

Purchase Details

Closed on
Sep 28, 2011
Sold by
Arakelian Vahe Y
Bought by
Baha Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Arakelian Vahe and Arakelian Susan
Bought by
Baha Industries Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 24, 2005
Sold by
Arakelian Vahe
Bought by
Baha Industries Llc

Purchase Details

Closed on
Oct 21, 1998
Sold by
Arakellian Yerchanik P and Arakelian Nazig N
Bought by
Arakelian Vahe Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.54%
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
Zuck Family Trust $1,195,000 First American Title
Baha Industries Llc -- Accommodation
Arakelian Vahe Y -- Lawyers Title
Baha Industries Llc -- Lawyers Title Ins
Arakelian Vahe -- Lawyers Title Ins
Baha Industries Llc -- --
Arakelian Vahe Y -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arakelian Vahe Y $275,000
Previous Owner Arakelian Vahe $334,000
Previous Owner Arakelian Vahe Y $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 Sold $1,195,000 0.0% $619 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $1,195,000 -- $619 / 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
2025 $15,796 $822,555 -- --
2024 $8,744 $454,182 -- --
2023 $8,744 $440,954 $0 $0
2022 $8,236 $428,111 $0 $0
2021 $7,607 $415,642 $0 $0
2020 $7,415 $403,536 $0 $0
2019 $7,233 $391,783 $0 $0
2018 $6,878 $380,372 $0 $0
2017 $6,637 $369,293 $0 $0
2016 $6,042 $358,537 $0 $0
2015 $5,838 $348,094 $0 $0
2014 $5,762 $337,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Lee Stephens

    Seller's Agent in 2022

    Jessica Lee Stephens

    Windermere Realty Trust

    (503) 781-6653

    2 in this area

    41 Total Sales

    Jessica Lee Stephens
    Section Image
  • Ross Seligman

    Buyer's Agent in 2022

    Ross Seligman

    Real Broker

    (503) 862-9075

    1 in this area

    251 Total Sales

    Ross Seligman
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22623114

Regional Multiple Listing Service (RMLS)

APN: 00238362

Oregon Clackamas County Lake Oswego 97035 Lake Grove

2855 Upper Dr, Lake Oswego, OR

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