NOT LISTED FOR SALE

Estimated Value: $1,840,000 - $2,980,000

5 Beds
6 Baths
8,022 Sq Ft
$318/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $3,195,000 $398 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $16,599/month

Highlights

  • Home Theater
  • Covered Deck
  • Hydromassage or Jetted Bathtub
  • Forest Park Elementary School Rated A-
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of November 2021

A phenomenon of unmatched quality & engineering with panoramic city/sunset views from the 950 sf stone decks. Step into true luxury w/soaring ceilings, polished limestone floors, slab stonework, award winning lighting design, exotic hardwoods & epic sound system. 2 flawless kitchens, fabulous full bar, collector's wine cellar, extensive guest quarters & splendid owner's retreat w/endless vistas create an impeccable vision of grace & fine living. Lincoln High School & coveted Forest Heights!

Last Agent to Sell the Property

Kathy Hall

Cascade Hasson Sotheby's International Realty License #970500167 Listed on: 04/12/2021

Cascade Hasson Sotheby's International Realty

Co-Listed By

Kevin Hall

Cascade Hasson Sotheby's International Realty License #201207799

Last Buyer's Agent

Brian Butler

Windermere Realty Trust License #901000010

Windermere Realty Trust

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,751

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • Corner Lot
  • Sprinkler System

HOA Fees

  • $50 per month

Parking

  • Attached Garage
  • Driveway

Home Design

  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • Hydromassage or Jetted Bathtub
  • 3-Story Property
  • Central Vacuum
  • Sound System
  • High Ceiling
  • 3 Fireplaces
  • Home Theater
  • Finished Basement
  • Natural lighting in basement
  • Laundry Room
  • Property Views

Flooring

  • Wood
  • Wall to Wall Carpet

Home Security

  • Security System Owned
  • Security Lights
  • Intercom
  • Smart Thermostat

Outdoor Features

  • Covered Deck
  • Outdoor Water Feature

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • Air Cleaner
  • Dwelling with Separate Living Area

Community Details

  • Greenbelt
  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,751

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$50 per month

Parking

3

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Contemporary, Custom Style
  • Sq Ft Calculated: 5029
  • Sq Ft Approximate Total: 8022
  • Stories: 3
  • Year Built: 2002
  • Property Condition: Updated/Remodeled
  • Remarks Public: A phenomenon of unmatched quality & engineering with panoramic city/sunset views from the 950 sf stone decks. Step into true luxury w/soaring ceilings, polished limestone floors, slab stonework, award winning lighting design, exotic hardwoods & epic sound system. 2 flawless kitchens, fabulous full bar, collector's wine cellar, extensive guest quarters & splendid owner's retreat w/endless vistas create an impeccable vision of grace & fine living. Lincoln High School & coveted Forest Heights!
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Room Features: Built-in Features, Closet Organizer, Eating Area, Great Room, Suite, Walk in Closet, Wall to Wall Carpet, High Ceilings
  • Additional Rooms: Office, 4th Bedroom, 2nd Kitchen
  • All Room Features: Balcony, Bathroom, Built-in Features, Closet Organizer, Deck, Eating Area, Fireplace, Formal, Gourmet Kitchen, Great Room, Hardwood Floors, Island, Pantry, Suite, Sunken, Walk in Closet, Wall to Wall Carpet, High Ceilings, Double Closet, Jetted Tub
  • Lower Level Bathrooms: 2.0
  • Main Level Bathrooms: 0.2
  • Total Bathrooms: 4.2
  • Fireplace Description: Gas
  • Fireplaces: 3
  • Interior Amenities: Air Cleaner, Central Vacuum, Hardwood Floors, Intercom, Laundry, Sound System, Wall to Wall Carpet, High Ceilings, Jetted Tub, Separate Living Quarters/Apartment/Aux Living Unit, Home Theater, Smart Thermostat
  • Kitchen Appliances: Microwave, Built-in Range, Built-in Refrigerator, Cook Island, Dishwasher, Disposal, Gas Appliances, Instant Hot Water, Pantry, Water Purifier, Double Oven, Range Hood
  • Legal Description: FOREST HEIGHTS ESTATES NO 6, LOT 316
  • Sq Ft Lower Level: 2993
  • Sq Ft Main Level: 3044
  • Upper Level Sq Ft: 1985
  • Bedrooms: 5
  • Master Bedroom: Features: Deck, Fireplace, Hardwood Floors, Suite, High Ceilings, Jetted Tub,On Level: Upper,Dimensions: 14x32
  • Bedroom 2: On Level: Upper,Dimensions: 13x14
  • Bedroom 3: On Level: Lower,Dimensions: 14x15
  • Full Bathrooms: 4
  • Partial Bathrooms: 2
  • Basement: Daylight, Finished
  • Dining Room: Features: Balcony, Built-in Features, Formal, High Ceilings,On Level: Main,Dimensions: 14x18
  • Family Room: Features: Fireplace, Great Room, Hardwood Floors, High Ceilings,On Level: Main,Dimensions: 17x22
  • Living Room: Features: Fireplace, Formal, Hardwood Floors, Sunken, High Ceilings,On Level: Main,Dimensions: 22x23
  • Kitchen: Features: Deck, Gourmet Kitchen, Great Room, Island, Pantry, High Ceilings,On Level: Main,Dimensions: 14x29
  • Additional Room 1: Description: 4th Bedroom,Features: Closet Organizer, Suite, Walk in Closet, Wall to Wall Carpet, High Ceilings,On Level: Lower,Dimensions: 16x22
  • Additional Room 2: Description: Office,Features: Built-in Features, High Ceilings,On Level: Upper
  • Additional Room 3: Description: 2nd Kitchen,Features: Eating Area, Great Room, High Ceilings,On Level: Lower,Dimensions: 15x14
  • Bathrooms Lower Level Full: 2
  • Bathrooms Main Level Partial: 2
  • Total Bathrooms: 6
  • Bathrooms Upper Level Full: 2

Exterior Features

  • Exterior Description: Cedar
  • Exterior Features: Deck, Gas Hookup, Security Lights, Sprinkler, Water Feature, Covered Deck
  • Lot Size: 10K-14,999SF
  • Lot Dimensions: 11,958 sf
  • Roof Type: Tile
  • View: City
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security System Owned

Condo/Co-op/Association

  • HOA Fees: 50
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Association Amenities: Commons

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Forest Park
  • Middle School: West Sylvan
  • High School: Lincoln

Lot Info

  • Lot Description: Corner Lot, Green Belt
  • Acres: 0.27
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 27265.95
  • Assessor Parcel Number: R165393
  • Tax Year: 2020

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Forest Park
  • High School: Lincoln
  • Middle School: West Sylvan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2021
Closed on
Nov 15, 2021
Sold by
Rassouli Nader M
Bought by
Patterson William and Rock Island Trust
Seller's Agent
Kathy Hall
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Brian Butler
Windermere Realty Trust
List Price
$3,500,000
Sold Price
$3,195,000
Premium/Discount to List
-$305,000
-8.71%
Current Estimated Value
$2,549,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$645,476
Avg. Annual Appreciation
-5.64%

Purchase Details

Closed on
Aug 27, 1999
Sold by
Edgewater Homes Inc
Bought by
Rassouli Nader M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 1999
Sold by
Nauru Phosphate Royalties Portland Inc
Bought by
Edgewater Homes Inc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patterson William $3,195,000 First American
Rassouli Nader M $175,000 Oregon Title Insurance Co
Edgewater Homes Inc $150,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rassouli Nader M $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $3,195,000 0.0% $398 / Sq Ft
09/28/2021 09/28/21 Pending -- -- --
07/13/2021 07/13/21 Price Changed $3,195,000 -8.7% $398 / Sq Ft
04/12/2021 04/12/21 For Sale $3,500,000 -- $436 / 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 $35,751 $1,573,860 -- --
2023 $35,496 $1,528,020 $0 $0
2022 $34,108 $1,483,520 $0 $0
2021 $29,346 $1,440,320 $0 $0
2020 $27,268 $1,398,370 $0 $0
2019 $27,234 $1,357,650 $0 $0
2018 $27,573 $1,318,110 $0 $0
2017 $27,306 $1,279,720 $0 $0
2016 $24,552 $1,242,450 $0 $0
2015 $23,862 $1,206,270 $0 $0
2014 $21,790 $1,171,140 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21566335

Regional Multiple Listing Service (RMLS)

APN: R165393