NOT LISTED FOR SALE

3166 SE Lake Rd Unit 24 Portland, OR 97222

Lake Road Neighborhood

Estimated Value: $238,000 - $294,000

2 Beds
1 Bath
812 Sq Ft
$349/mo HOA Fee

Last Sold June 30, 2022

Last sale price $285,000 $351 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,918/month

Highlights

  • Unit is on the top floor
  • Covered Patio or Porch
  • Resident Manager or Management On Site
  • 1 Fireplace
  • Views
  • Landscaped with Trees

About This Home

As of June 2022

Rare top floor corner unit! Spacious living room with bounds of natural light, fireplace, deck access, and great views of the treetops. Tons of storage - Deck has a locked closet, second bedroom has a large walk-in closet and bathroom access, two pantry spaces in kitchen, and hallway linen closet. In-unit laundry. High efficiency furnace. Can't beat this location! Less than a mile to Milwaukie Farmers Market, food carts, Milwaukie HS, Bay Park, shops, restaurants, MAX line, and more.

Last Agent to Sell the Property

Victoria Buck

Coldwell Banker Bain License #201215855 Listed on: 06/03/2022

Coldwell Banker Bain

Co-Listed By

Michael Green

Coldwell Banker Bain License #201211656

Last Buyer's Agent

Gerald Mosley

Oregon First License #201213517

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1978

Lot Details

  • 261

HOA Fees

  • $349 per month

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Vinyl Clad Windows
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Carport
  • Off-Street Parking

Utilities

  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Covered Patio or Porch
  • Landscaped with Trees
  • Unit is on the top floor

Community Details

  • Maintained Community
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,118

Year Built

Built in 1978

Lot Details

0

HOA Fees

$349 per month

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Sq Ft Calculated: 812
  • Sq Ft Approximate Total: 812
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Resale
  • Remarks Public: Rare top floor corner unit! Spacious living room with bounds of natural light, fireplace, deck access, and great views of the treetops. Tons of storage - Deck has a locked closet, second bedroom has a large walk-in closet and bathroom access, two pantry spaces in kitchen, and hallway linen closet. In-unit laundry. High efficiency furnace. Can't beat this location! Less than a mile to Milwaukie Farmers Market, food carts, Milwaukie HS, Bay Park, shops, restaurants, MAX line, and more.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • All Room Features: Balcony, Disposal, Fireplace, Walk in Closet, Wall to Wall Carpet, Free-Standing Range
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 1.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Wall to Wall Carpet, Laminate Flooring
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Pantry
  • Legal Description: 2390 LAKE ROAD TERR CONDO BLDG 1 UNIT 24
  • Sq Ft Main Level: 812
  • Bedrooms: 2
  • Master Bedroom: Features: Walk in Closet, Wall to Wall Carpet,On Level: Main,Dimensions: 10x13
  • Bedroom 2: On Level: Main,Dimensions: 9x13
  • Full Bathrooms: 1
  • Dining Room: On Level: Main
  • Living Room: Features: Balcony, Fireplace, Wall to Wall Carpet,On Level: Main,Dimensions: 14x14
  • Kitchen: Features: Disposal, Free-Standing Range,On Level: Main,Dimensions: 8x8
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 1
  • Window Features: Vinyl Frames

Exterior Features

  • Deck Available: Yes
  • Exterior Features: Covered Patio
  • Roof Type: Composition
  • View: Territorial
  • Foundation Details: None
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Carport, Off Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Wall Unit(s)
  • Heating Description: Forced Air, Forced Air - 95+%

Condo/Co-op/Association

  • Condo Remarks: No rental cap but are discussing further.
  • Storage Available: Yes
  • HOA Fees: 349
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Unit Location: Upper Floor
  • Association Amenities: Exterior Maintenance, Trash, Insurance, Management, Sewer, Road Maintenance

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Milwaukie
  • Middle School: Rowe
  • High School: Milwaukie

Lot Info

  • Lot Description: Trees
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 1887.54
  • Assessor Parcel Number: 00029427
  • Tax Year: 2021

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Milwaukie
  • High School: Milwaukie
  • Middle School: Rowe

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jun 29, 2022
Sold by
Devlaeminck Edward B
Bought by
Torres Noel
Seller's Agent
Victoria Buck
Coldwell Banker Bain
Buyer's Agent
Gerald Mosley
Oregon First
List Price
$285,000
Sold Price
$285,000
Current Estimated Value
$265,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,517
Avg. Annual Appreciation
-2.11%
Original Mortgage
$270,750
Outstanding Balance
$257,941
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$7,542

Purchase Details

Closed on
Feb 7, 2020
Sold by
Park Sun I
Bought by
Devlaeminck Edward B and Devlaeminck Jessica L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2013
Sold by
Three Arch Investments Fund 1 Llc
Bought by
Park Sun I

Purchase Details

Closed on
Sep 27, 2012
Sold by
Federal National Mortgage Association
Bought by
Three Arch Investments Fund 1 Llc

Purchase Details

Closed on
Mar 15, 2012
Sold by
Mclaughlin Dana L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 23, 2004
Sold by
Webber Jeff K and Mclaughlin Dana
Bought by
Mclaughlin Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
5.35%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2003
Sold by
Webber Jeff K
Bought by
Webber Jeff K and Mclaughlin Dana

Purchase Details

Closed on
Jul 2, 2002
Sold by
Miller Elsie M
Bought by
Webber Jeff K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.78%
Mortgage Type
Commercial
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
Torres Noel $285,000 New Title Company Name
Devlaeminck Edward B $160,900 Fidelity National Title
Park Sun I $68,000 Lawyers Title
Three Arch Investments Fund 1 Llc $59,325 Accommodation
Federal National Mortgage Association -- None Available
Mclaughlin Dana L -- Chicago Title Insurance Co
Webber Jeff K -- --
Webber Jeff K $75,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Noel $270,750
Previous Owner Devlaeminck Edward B $124,000
Previous Owner Mclaughlin Dana L $68,500
Previous Owner Webber Jeff K $67,500
Closed Mclaughlin Dana L $10,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $285,000 0.0% $351 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $285,000 -- $351 / 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 $2,118 $96,772 -- --
2023 $2,118 $93,954 $0 $0
2022 $1,956 $91,218 $0 $0
2021 $1,888 $88,562 $0 $0
2020 $1,829 $85,983 $0 $0
2019 $1,802 $83,479 $0 $0
2018 $1,602 $81,048 $0 $0
2017 $1,556 $78,687 $0 $0
2016 $1,504 $76,395 $0 $0
2015 $1,408 $74,170 $0 $0
2014 $1,267 $72,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22002229

Regional Multiple Listing Service (RMLS)

APN: 00029427