NOT LISTED FOR SALE

40 Cervantes Cir Unit 4C Lake Oswego, OR 97035

Mountain Park Neighborhood

Estimated Value: $263,000 - $283,000

2 Beds
1.5 Baths
912 Sq Ft
$294/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $210,000 $230 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,239/month

3 Days on Market

Highlights

  • Fitness Center
  • View of Trees or Woods
  • Wooded Lot
  • Lap Pool
  • Deck
  • Tennis Courts

About This Home

As of April 2020

Forest retreat! Two-story townhome condo located in a tranquil park-like setting conveniently located to shopping and Mountain Park's best amenities. This condo is move-in ready, has an open floor plan, fireplace, new carpet, new interior paint, newer laminate floors and more. Includes in-unit laundry, private deck and a secured detached garage. HOA dues include pool, gym, recreation facilities, athletic courts, tennis courts, trash, water/sewer. Seller is a licensed broker.

Last Listed By

Adrian Olmstead

Cascade Hasson Sotheby's International Realty License #201218667 Listed on: 03/06/2020

Cascade Hasson Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,719

Year Built

  • Built in 1980

Lot Details

  • Gentle Sloping Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Tile Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Family Room
  • Combination Dining and Living Room
  • Views of Woods
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Outdoor Features

  • Lap Pool
  • Deck

Schools

  • Markham Elementary School
  • Jackson Middle School
  • Wilson High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number R192619

Community Details

Overview

  • Superior Community Management Association, Phone Number (503) 684-1832
  • Mountain Park Subdivision
  • On-Site Maintenance

Recreation

  • Tennis Courts
  • Sport Court
  • Recreation Facilities
  • Fitness Center

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,719

Year Built

Built in 1980

Lot Details

0

HOA Fees

$490 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Townhouse
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • PublicRemarksCondominium: Mountain Park Association is separate but required HOA and includes pool, athletic courts, gym, clubhouse amenities, and more https://mtparkhoa.com/, 503-635-3561
  • Room 11 Features: Dishwasher,Microwave
  • Room 12 Features: Deck,Fireplace
  • Room 9 Features: LivingRoomDiningRoomCombo
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.1
  • Fireplaces: 1
  • Interior Amenities: LaminateFlooring, Laundry, TileFloor, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Window Features: AluminumFrames, DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingRange, FreeStandingRefrigerator, Microwave, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 1
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 1.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: WoodSiding
  • Exterior Features: Deck
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: GentleSloping, Trees, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Tile
  • View: TreesWoods

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Other
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Other

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Unknown
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: Townhouse
  • Association Amenities: AthleticCourt, ExteriorMaintenance, Gym, LapPool, Management, RecreationFacilities, Sewer, TennisCourt, Trash, Water, WeightRoom
  • Senior Community: No
  • Association #2 Fee: 70.0
  • Association #2 Fee Frequency: Monthly
  • Association Fee: 420.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Jennifer
  • CondominiumAssociationEmail: jessica@superiorcommunity.com
  • CondominiumAssociationName: Superior Community Management
  • CondominiumAssociationPhone: 503-684-1832
  • CondominiumAssociationURL: http://www.superiorcommunity.com/
  • CondominiumAssociationURLYN: Yes

Schools

  • Elementary School: Markham
  • High School: Wilson
  • Middle Or Junior School: Jackson

Lot Info

  • Farm: No
  • Parcel #: R192619

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 2718.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Apr 3, 2020
Sold by
Ed & Sons Llc
Bought by
Palmer Eric William
Seller's Agent
Adrian Olmstead
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Joaquin Johnson
Premiere Property Group, LLC
List Price
$210,000
Sold Price
$210,000
Total Days on Market
3
Current Estimated Value
$268,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,348
Avg. Annual Appreciation
6.70%
Original Mortgage
$168,000
Outstanding Balance
$151,066
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$141,633

Purchase Details

Closed on
Jul 1, 2005
Sold by
Popkins Edward J
Bought by
Ed & Sons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,520
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
Ohlson Mark W
Bought by
Popkin Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,520
Interest Rate
5.72%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 30, 2004
Sold by
Walker Ahnawake J
Bought by
Ohlson Mark W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,900
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 9, 1998
Sold by
Gineo Thomas S and Calbi Michele T
Bought by
Walker Ahnawake J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
7.03%

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

Similar Homes in Lake Oswego, OR

  • 4053 Jefferson Pkwy, Lake Oswego, OR 97035

    $295,000

    • 2 Beds
    • 2.5 Baths
    • 1,462 Sq Ft
    • 4053 Jefferson Pkwy
    • Lake Oswego, OR

    Strong HOA. Mountain Park Recreation center all owners belong to the association . Dues are $477.50 twice a year, Features Aquatics ,Kid zone ,fitness, sauna, clubhouse, tennis club. 15 miles of paved walking trails. Award winning planned community. 2018 upgrades include new kitchen, carpet, flooring and paint. Outdoor South Balcony off Living Room. Barbecue on the outside patio over looking

    Madeleine Rose Premiere Property Group, LLC

    Section Image
  • 3433 Mcnary Pkwy Unit 804, Lake Oswego, OR 97035

    $335,000

    • 2 Beds
    • 2.5 Baths
    • 1,136 Sq Ft
    • 3433 Mcnary Pkwy
    • Unit 804
    • Lake Oswego, OR

    A great opportunity to live in an established, well maintained community in popular Mountain Park! This finely finished townhome in McNary Highlands features a convenient open floorplan. The elegantly remodeled kitchen offers ample storage, granite countertops, as well as stainless steel appliances. Serene nature views from both sets of main floor windows. Light, bright living and dining area -

    Blake Ellis Windermere Realty Trust

    Section Image
See All Homes in Lake Oswego

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
Palmer Eric William $210,000 Fidelity Natl Ttl Co Of Or
Ed & Sons Llc -- --
Popkin Edward J $124,400 Ticor Title Insurance Compan
Ohlson Mark W $109,900 Ticor Title Insurance Compan
Walker Ahnawake J $98,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palmer Eric William $168,000
Previous Owner Popkin Edward J $99,520
Previous Owner Ohlson Mark W $98,900
Previous Owner Walker Ahnawake J $78,400
Closed Popkin Edward J $24,880
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $210,000 0.0% $230 / Sq Ft
03/08/2020 03/08/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $210,000 -- $230 / 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 $3,127 $139,240 $0 $139,240
2022 $3,027 $135,190 $0 $0
2021 $2,897 $131,260 $0 $0
2020 $2,725 $127,440 $0 $0
2019 $2,719 $123,730 $0 $0
2018 $2,639 $120,130 $0 $0
2017 $2,444 $116,640 $0 $0
2016 $2,101 $113,250 $0 $0
2015 $1,950 $109,960 $0 $0
2014 $1,950 $106,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adrian Olmstead

    Seller's Agent in 2020

    Adrian Olmstead

    Cascade Hasson Sotheby's International Realty

    (503) 449-9580

    5 in this area

    85 Total Sales

    Adrian Olmstead
    Section Image
  • Christopher Grubb

    Seller Co-Listing Agent in 2020

    Christopher Grubb

    Cascade Hasson Sotheby's International Realty

    (503) 635-9801

    1 in this area

    23 Total Sales

    Christopher Grubb
    Section Image

  • J

    Buyer's Agent in 2020

    Joaquin Johnson

    Premiere Property Group, LLC

    (503) 670-9000

    61 Total Sales

    Joaquin Johnson
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20143706

Regional Multiple Listing Service (RMLS)

APN: R192619

Oregon Multnomah County Lake Oswego 97035 Mountain Park

40 Cervantes Cir Unit 4C, Lake Oswego, OR

Homes for Sale in Lake Oswego, OR

This home is located at 40 Cervantes Cir Unit 4C, Lake Oswego, OR 97035 since 06 March 2020 and is currently estimated at $268,348, approximately $294 per square foot. This property was built in 1980. 40 Cervantes Cir Unit 4C is a home located in Multnomah County with nearby schools including Markham Elementary School, Jackson Middle School, and Ida B. Wells-Barnett High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes