NOT LISTED FOR SALE

2881 S Magnolia Dr Unit LT350 Cornelius, OR 97113

Estimated Value: $422,000 - $474,000

3 Beds
2.5 Baths
1,520 Sq Ft
$295/Sq Ft Est. Value

Last Sold February 06, 2023

Last sale price $432,227 $284 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,815/month

Highlights

  • New Construction
  • Territorial View
  • 1 Car Attached Garage
  • Contemporary Architecture
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of February 2023

LIMITED TIME IMPROVED PRICING! Large great room w/ eat bar + pantry. Spacious vaulted owner's suite w/ large WIC! Chosen finishes: LVT in all wet rooms and laminate on main, Moen finishes, and Hardie plank fiber cement siding including trims. Fencing also included. Neighborhood includes parks, trails and community garden. Please check in with agent on site.

Last Agent to Sell the Property

Jennie Briggs

Holt Homes Realty, LLC License #201229736 Listed on: 12/14/2022

Co-Listed By

Steve Crawford

Holt Homes Realty, LLC License #201211401

Last Buyer's Agent

Collet Morgan-Gresham

MORE Realty License #201215783

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,858

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Fenced
  • Level Lot

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage on Main Level
  • Driveway

Home Design

  • Contemporary Architecture
  • Property Attached
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,520 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Utility Room
  • Territorial Views
  • Crawl Space

Kitchen

  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Free Orchards Elementary School
  • Evergreen Middle School
  • Glencoe High School

Utilities

  • Ductless Heating Or Cooling System
  • Heat Exchanger
  • Heating System Uses Gas
  • Mini Split Heat Pump
  • High Speed Internet

Additional Features

  • Accessibility Features
  • Patio

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number Not Found

Community Details

Overview

  • Rolling Rock Community Management Association, Phone Number (503) 330-2405
  • Laurel Woods Subdivision
  • On-Site Maintenance

Additional Features

  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,858

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$119 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Warranty: BuilderWarranty
  • Year Built: 2022
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: ON FILE
  • Property Sub Type: Attached
  • Architectural Style: Stories2, Contemporary
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Open House: No
  • Room 10 Features: GreatRoom,SlidingDoors
  • Room 11 Features: Dishwasher,Disposal,Island,Microwave,Pantry
  • Room 13 Features: Storage
  • Room 9 Features: Nook,SlidingDoors
  • Special Features: NewHome

Interior Features

  • Accessibility Features: GarageonMain
  • Total Bathrooms: 2.1
  • Interior Amenities: LaminateFlooring, VaultedCeiling, WalltoWallCarpet
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, GasAppliances, Island, Microwave, Pantry, PlumbedForIceMaker
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Association Contact: Joe Keizur
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt0Kto2999
  • Other Room10 Area: 266
  • Additional Room 10 Level: Main
  • Room 11 Level: Main
  • Room 13 Level: Upper
  • Bedroom 7 Area: 135
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 117
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 56
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Fenced, Patio
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Gas,Tankless
  • Internet Service Type: Cable
  • Cooling: HeatExchanger
  • Cooling Y N: Yes
  • Heating: Ductless, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, MaintenanceGrounds, Management
  • Senior Community: No
  • Association Fee: 119.0
  • Association Fee Frequency: Monthly
  • Association Name: Rolling Rock Community Management
  • Phone: 503-330-2405
  • Association: Yes
  • Association Email: www.rollingrockcm.com

Association/Amenities

  • AssociationAddress: PO Box 1039 Beaverton, OR 97075
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Free Orchards
  • High School: Glencoe
  • Middle Or Junior School: Evergreen

Lot Info

  • Farm: No
  • Parcel #: Not Found

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2022
Closed on
Jan 17, 2023
Sold by
Laurelwood Development Llc
Bought by
Richards Shayna Marie and Richards Kyle
Seller's Agent
Jennie Briggs
Holt Homes Realty, LLC
Buyer's Agent
Collet Morgan-Gresham
MORE Realty
List Price
$422,227
Sold Price
$432,227
Premium/Discount to List
$10,000
2.37%
Views
43
Current Estimated Value
$447,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,451
Avg. Annual Appreciation
2.33%
Original Mortgage
$424,398
Outstanding Balance
$413,258
Interest Rate
6.27%
Mortgage Type
FHA
Estimated Equity
$46,081
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
Richards Shayna Marie $432,227 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richards Shayna Marie $424,398
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2023 02/06/23 Sold $432,227 0.0% $284 / Sq Ft
12/16/2022 12/16/22 Price Changed $432,227 +2.4% $284 / Sq Ft
12/16/2022 12/16/22 For Sale $422,227 -- $278 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
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 $3,858 $235,190 -- --
2024 $3,532 $228,340 -- --
2023 $3,532 $436,570 $0 $0
2022 $792 $51,080 $0 $0
2021 $776 $48,160 $0 $0
2020 $607 $37,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22564852

Regional Multiple Listing Service (RMLS)

APN: R2215781