$1,350,000
SOLD MAY 17, 2022
3 Beds
2 Baths
2,066 Sq Ft
4,792 Sq Ft Lot

Recently Sold

$653 Per Sq Ft

12% Above List Price

1 Day on Market

Highlights

  • Private Lot
  • Wood Flooring
  • Quartz Countertops
  • Forest Hills Elementary School Rated A
  • 1 Fireplace
  • Detached Garage

About This Home

As of May 2022

Impeccably remodeled Bungalow with beautiful VIEWS of Lakewood Bay! Lots of natural light, great for entertaining, open floor plan. Designer fixtures & hardware, luxury stainless appliances and quartz counters thru out. Bonus and family room in basement with wet bar. New furnace, A/C,water heater, hardwood floors, exterior & interior paint.. Walk to downtown LO,shops ,restaurants, & parks. 3 lake easements. Won't last long!

Last Agent to Sell the Property

Lisa Hanna

Eleete Real Estate License #900800116 Listed on: 04/27/2022

Last Buyer's Agent

Justin Harnish

Harnish Company Realtors License #200112017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,136

Year Built

  • Built in 1930 | Remodeled

Parking

  • Detached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Finished Basement
  • Partial Basement
  • Quartz Countertops
  • Washer and Dryer
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Private Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,136

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 1306
  • Sq Ft Approximate Total: 2066
  • Stories: 3
  • Year Built: 1930
  • Property Condition: Updated/Remodeled
  • Remarks Public: Impeccably remodeled Bungalow with beautiful VIEWS of Lakewood Bay! Lots of natural light, great for entertaining, open floor plan. Designer fixtures & hardware, luxury stainless appliances and quartz counters thru out. Bonus and family room in basement with wet bar. New furnace, A/C,water heater, hardwood floors, exterior & interior paint.. Walk to downtown LO,shops ,restaurants, & parks. 3 lake easements. Won't last long!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Bathroom
  • Additional Rooms: Bonus Room, Utility Room
  • All Room Features: Bathroom, Eat Bar, Fireplace, Gourmet Kitchen, Hardwood Floors, Wet Bar, Wood Floors, Quartz
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Hardwood Floors, Tile Floor, Washer/Dryer, Wall to Wall Carpet, Quartz
  • Kitchen Appliances: Dishwasher, Disposal, Gas Appliances, Island, Free-Standing Refrigerator, Stainless Steel Appliance(s), Quartz, Free-Standing Gas Range
  • Legal Description: 507 LAKEWOOD #1 LT 125
  • Sq Ft Lower Level: 760
  • Sq Ft Main Level: 901
  • Upper Level Sq Ft: 405
  • Bedrooms: 3
  • Master Bedroom: Features: Wood Floors,On Level: Main,Dimensions: 11x11
  • Bedroom 2: On Level: Main,Dimensions: 11x11
  • Bedroom 3: On Level: Upper,Dimensions: 29x13
  • Full Bathrooms: 2
  • Basement: Finished, Partial Basement
  • Dining Room: Features: Hardwood Floors,On Level: Main,Dimensions: 10x6
  • Family Room: Features: Wet Bar,On Level: Lower,Dimensions: 16x9
  • Living Room: Features: Fireplace, Wood Floors,On Level: Main,Dimensions: 14x14
  • Kitchen: Features: Eat Bar, Gourmet Kitchen, Hardwood Floors, Quartz,On Level: Main,Dimensions: 10x10
  • Additional Room 1: Description: Bonus Room,Features: Bathroom,On Level: Lower,Dimensions: 15x7
  • Additional Room 2: Description: Utility Room,On Level: Lower,Dimensions: 12x10
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Wood Siding
  • Exterior Features: Patio
  • Lot Size: 3K-4,999SF
  • Lot Dimensions: 5000 sq.ft appx
  • Roof Type: Composition
  • View: Lake
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Detached
  • Parking Description: Other, On Street

Utilities

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

Schools

  • Elementary School: Forest Hills
  • Middle School: Lake Oswego
  • High School: Lake Oswego

Lot Info

  • Lot Description: Private
  • Acres: 0.11

Tax Info

  • Tax Amount: 7076.41
  • Assessor Parcel Number: 00255271
  • Tax Year: 2021

MLS Schools

  • Elementary School: Forest Hills
  • High School: Lake Oswego
  • Middle School: Lake Oswego

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2022
Closed on
May 9, 2022
Sold by
Palmore Hailey S
Bought by
Pellow Kerrie
Seller's Agent
Lisa Hanna
Eleete Real Estate
Buyer's Agent
Justin Harnish
Harnish Company Realtors
List Price
$1,200,000
Sold Price
$1,350,000
Premium/Discount to List
$150,000
12.5%
Total Days on Market
1
Current Estimated Value
$1,454,720

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,720
Avg. Annual Appreciation
2.49%

Purchase Details

Listed on
Sep 14, 2019
Closed on
Dec 26, 2019
Sold by
Rodriguez Carl R
Bought by
Palmore Hailey S
Seller's Agent
Jamie Scott
John L. Scott Portland South
Buyer's Agent
Marla Knauss
Premiere Property Group, LLC
List Price
$769,000
Sold Price
$765,000
Premium/Discount to List
-$4,000
-0.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.08%

Purchase Details

Closed on
Dec 28, 2009
Sold by
Compton Michael
Bought by
Rodrigues Carl R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,368
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Tercek John M and Tercek Kathy M
Bought by
Compton Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$596,000
Interest Rate
7.75%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 29, 2004
Sold by
Cheverton Jeane S
Bought by
Tercek John M and Tercek Kathy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,350,000 None Listed On Document
Warranty Deed $765,000 Lawyers Title Of Oregon Llc
Warranty Deed $355,460 First American Title Insuran
Warranty Deed $505,000 Security Title
Warranty Deed $352,500 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $273,200 New Conventional
Previous Owner $284,368 New Conventional
Previous Owner $596,000 Construction
Previous Owner $281,600 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2022 05/17/22 Sold $1,350,000 +12.5% $653 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $1,200,000 +56.9% $581 / Sq Ft
01/02/2020 01/02/20 Sold $765,000 -0.5% $345 / Sq Ft
09/23/2019 09/23/19 Pending -- -- --
09/13/2019 09/13/19 For Sale $769,000 -- $346 / 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
2023 $8,136 $411,165 $0 $0
2022 $7,662 $399,190 $0 $0
2021 $7,076 $387,564 $0 $0
2020 $6,899 $376,276 $0 $0
2019 $6,729 $365,317 $0 $0
2018 $6,399 $354,677 $0 $0
2017 $6,174 $344,347 $0 $0
2016 $5,620 $334,317 $0 $0
2015 $5,430 $324,580 $0 $0
2014 $5,360 $315,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22315821

Regional Multiple Listing Service (RMLS)

APN: 00255271