NOT LISTED FOR SALE

Estimated Value: $395,527 - $443,000

2 Beds
2 Baths
1,117 Sq Ft
$379/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $385,000 $345 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,098/month

4 Days on Market

Highlights

  • Waterfront
  • Wooded Lot
  • Double Pane Windows
  • Forest Hills Elementary School Rated A
  • 1 Fireplace
  • Covered Deck

About This Home

As of June 2021

Oasis-like setting for spacious 2 bedroom, 2 bath condo in Lake Grove. Year-round creek and greenspace offer beautiful views. Updated kitchen w/tile, eat-in bar & new appliances,wood-burning fireplace with new tile & mantle, Screened in porch. Master bedroom suite.Desirable tuck under tandem garage has been owner's gym + shop.Active HOA. Mercado grove opening soon w/walking distance. Access to Lake Grove Swim park. Walking path to Pennington park Amazing location. Highly rated schools.

Last Listed By

Karoline Ashley

Windermere Realty Trust License #200509309 Listed on: 04/30/2021

Windermere Realty Trust

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,786

Year Built

  • Built in 1980

Lot Details

  • Waterfront
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $438 per month

Parking

  • Garage
  • Extra Deep Garage
  • Tuck Under Garage
  • Tandem Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Laundry Room
  • Property Views

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Covered Deck

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • Maintained Community
  • Common Area
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,786

Year Built

Built in 1980

Lot Details

0

HOA Fees

$438 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Condominium
  • Style: Contemporary
  • Sq Ft Calculated: 1117
  • Sq Ft Approximate Total: 1117
  • Stories: 1
  • Year Built: 1980
  • Property Condition: Resale
  • Remarks Public: Oasis-like setting for spacious 2 bedroom, 2 bath condo in Lake Grove. Year-round creek and greenspace offer beautiful views. Updated kitchen w/tile, eat-in bar & new appliances,wood-burning fireplace with new tile & mantle, Screened in porch. Master bedroom suite.Desirable tuck under tandem garage has been owner's gym + shop.Active HOA. Mercado grove opening soon w/walking distance. Access to Lake Grove Swim park. Walking path to Pennington park Amazing location. Highly rated schools.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • All Room Features: Balcony, Eat Bar, Fireplace, Sliding Doors, Suite, Wall to Wall Carpet, Double Closet, Free-Standing Refrigerator, Convection Oven
  • Main Level Bathrooms: 2.0
  • Total Bathrooms: 2.0
  • Fireplace Description: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Laundry, Wall to Wall Carpet, Vinyl Floor
  • Kitchen Appliances: Microwave, Down Draft, Dishwasher, Disposal, Tile, Built-in Oven, Free-Standing Refrigerator, Convection Oven, Cooktop, Stainless Steel Appliance(s)
  • Legal Description: 2533 SPRING CREEK CONDO UNIT 4B
  • Sq Ft Main Level: 1117
  • Bedrooms: 2
  • Master Bedroom: Features: Suite, Wall to Wall Carpet, Double Closet,On Level: Main,Dimensions: 13x14
  • Bedroom 2: On Level: Main,Dimensions: 10x12
  • Full Bathrooms: 2
  • Basement: None
  • Dining Room: Features: Sliding Doors, Wall to Wall Carpet,On Level: Main,Dimensions: 12x17
  • Living Room: Features: Balcony, Fireplace, Wall to Wall Carpet,On Level: Main,Dimensions: 13x23
  • Kitchen: Features: Eat Bar, Free-Standing Refrigerator, Convection Oven,On Level: Main,Dimensions: 11x14
  • Bathrooms Main Level Full: 2
  • Total Bathrooms: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cedar, Wood Siding
  • Exterior Features: Covered Deck
  • View: Park/Greenbelt, Creek/Stream, Trees/Woods
  • Waterfront Description: Creek
  • Waterfront: Yes
  • Foundation Details: Slab, Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Extra Deep, Tandem, Tuck-Under
  • Parking Description: Off Street

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Wireless

Condo/Co-op/Association

  • HOA Fees: 438
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Townhouse Remarks Public: Engaged HOA Board, meets monthly, and communicates often. Under new management company.
  • Unit Location: Townhouse
  • Association Amenities: Commons, Exterior Maintenance, Insurance, Management, Sewer, Water, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

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

Lot Info

  • Lot Description: Level, Trees, Wooded
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 3210.36
  • Assessor Parcel Number: 00239110
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

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 30, 2021
Closed on
Jun 3, 2021
Sold by
Derrick Danielle Louise
Bought by
Alvarez Diedra R
Seller's Agent
Karoline Ashley
Windermere Realty Trust
Buyer's Agent
Kim Moore
MORE Realty
List Price
$320,000
Sold Price
$385,000
Premium/Discount to List
$65,000
20.31%
Total Days on Market
4
Current Estimated Value
$422,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,882
Avg. Annual Appreciation
1.47%
Original Mortgage
$308,000
Outstanding Balance
$284,263
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$123,635

Purchase Details

Closed on
Mar 14, 2019
Sold by
Laun Yvonne and Kathryn Laun Special Needs Tru
Bought by
Derrick Danielle Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,200
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2009
Sold by
Cowherd Kimberly
Bought by
Kathryn Laun Special Needs Trust

Purchase Details

Closed on
Jan 30, 2009
Sold by
Cowherd Colin M
Bought by
Cowherd Kimberly

Purchase Details

Closed on
Nov 19, 2001
Sold by
Kovash John G and Kovash Merle R
Bought by
Cowherd Colin M and Cowherd Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.57%
Mortgage Type
Commercial

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
Alvarez Diedra R $385,000 First American
Derrick Danielle Louise $265,000 Chicago Title
Kathryn Laun Special Needs Trust $164,400 Ticor Title Insurance
Cowherd Kimberly -- Ticor Title Insurance
Cowherd Colin M $130,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Diedra R $308,000
Previous Owner Derrick Danielle Louise $263,600
Previous Owner Derrick Danielle Louise $260,200
Previous Owner Cowherd Colin M $118,000
Previous Owner Cowherd Colin M $104,000
Closed Cowherd Colin M $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $385,000 +20.3% $345 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $320,000 -- $286 / 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 $3,786 $190,902 $0 $0
2022 $3,565 $185,342 $0 $0
2021 $3,293 $179,944 $0 $0
2020 $3,210 $174,703 $0 $0
2019 $3,131 $169,615 $0 $0
2018 $2,978 $164,675 $0 $0
2017 $2,873 $159,879 $0 $0
2016 $2,616 $155,222 $0 $0
2015 $2,498 $150,701 $0 $0
2014 $2,357 $146,312 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21067885

Regional Multiple Listing Service (RMLS)

APN: 00239110