NOT LISTED FOR SALE

Estimated Value: $911,348 - $1,099,000

2 Beds
2 Baths
1,339 Sq Ft
$448/mo HOA Fee

Last Sold August 24, 2020

Last sale price $700,000 $523 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,669/month

3 Days on Market

Highlights

  • Custom Home
  • Gated Community
  • Built-In Refrigerator
  • Forest Hills Elementary School Rated A
  • View of Trees or Woods
  • 3-minute walk to Rossman Park

About This Home

As of August 2020

First Addition's coveted 555 building has an opening! Luxurious, one level living (first floor) with soaring ceilings, grand fireplace and built-ins, and a wall of windows. High-end finishes with hardwood floors and gorgeous 'two-tone' cabinets. Walk-in shower in both baths. Blocks from parks, the library, shopping, restaurants and cafe's, farmers market, grocery store, Willamette River and river access. Community patio and gardens as well as secure garage parking and large storage unit.

Last Listed By

Kim Childs

Keller Williams Realty Portland Premiere License #200402288 Listed on: 06/25/2020

Keller Williams Realty Portland Premiere

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,277

Year Built

  • Built in 2007

Lot Details

  • Fenced
  • Sprinkler System

HOA Fees

  • $448 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Deeded Parking
  • Controlled Entrance

Home Design

  • Custom Home
  • Slab Foundation
  • Composition Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,339 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Natural Light
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Laundry Room
  • Utility Room
  • Views of Woods
  • Intercom

Kitchen

  • Built-In Oven
  • Gas Oven or Range
  • Built-In Range
  • Range Hood
  • Microwave
  • Built-In Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Hallway
  • Accessibility Features
  • Level Entry For Accessibility
  • Accessible Entrance
  • Minimal Steps
  • Accessible Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • Municipal Trash
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05021802

Community Details

Overview

  • 30 Units
  • Five Fifty Five Condominium Association, Phone Number (503) 802-0747
  • On-Site Maintenance

Amenities

  • Community Deck or Porch
  • Common Area
  • Community Storage Space

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,277

Year Built

Built in 2007

Lot Details

0

HOA Fees

$448 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 2007
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: CustomStyle
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: Yes
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 30
  • CondominiumYardYN: No
  • Open House: No
  • PublicRemarksCondominium: Luxurious living in the 'in-demand' 555 building! Premiere condominiums right in downtown Lake Oswego. High-end finishes and wonderful location with your whole world only blocks away!
  • Room 11 Features: GourmetKitchen,HardwoodFloors
  • Room 12 Features: Fireplace,HardwoodFloors,Patio,SlidingDoors
  • Room 9 Features: BayWindow,HardwoodFloors
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: AccessibleElevatorInstalled, AccessibleEntrance, AccessibleHallway, MainFloorBedroomBath, MinimalSteps, NaturalLighting, OneLevel, Parking, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, HardwoodFloors, Intercom, Laundry, TileFloor, WalltoWallCarpet
  • Room 4 Description: Entry
  • Room 4 Features: HardwoodFloors
  • Room 4 Level: Main
  • Room 5 Description: UtilityRoom
  • Room 5 Level: Main
  • Basement: None
  • Appliances: BuiltinOven, BuiltinRange, BuiltinRefrigerator, Dishwasher, Disposal, GasAppliances, Island, Microwave, PlumbedForIceMaker, RangeHood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Fourth Bedroom Area: 55
  • Fifth Bedroom Area: 25
  • Bedroom 7 Area: 143
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Cedar,Stone
  • Exterior Features: CoveredPatio, Fenced, GasHookup, Sprinkler
  • Foundation Details: ConcretePerimeter, Slab
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Garage Type: Attached,Shared
  • Parking Description: Deeded, Secured
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Security: Entry
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir90, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: CableTV, Commons, ExteriorMaintenance, Gas, Gated, Heat, Insurance, MaintenanceGrounds, Management, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 448.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Invest West Management/Sumiko
  • CondominiumAssociationEmail: sduarte@iwmhoa.com
  • CondominiumAssociationName: Five fifty-five Condominium
  • CondominiumAssociationPhone: 503-802-0747
  • CondominiumAssociationURLYN: No

Schools

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

Lot Info

  • Parcel #: 05021802

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 7276.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 4, 2020
Sold by
Winters Irene Claire and Irene Claire Winters Living Tr
Bought by
Zaccone Wanda
Seller's Agent
Kim Childs
Keller Williams Realty Portland Premiere
Buyer's Agent
Kali Naone
eXp Realty, LLC
List Price
$700,000
Sold Price
$700,000
Total Days on Market
3
Current Estimated Value
$985,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$285,087
Avg. Annual Appreciation
7.57%
Original Mortgage
$350,000
Outstanding Balance
$313,946
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$671,141

Purchase Details

Closed on
Aug 22, 2011
Sold by
Winters Irene
Bought by
Winters Irene Claire and Irene Claire Winters Living Trust

Purchase Details

Closed on
Feb 24, 2011
Sold by
555 Second Street Inc
Bought by
Winters Irene

Range of Values:

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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
Zaccone Wanda $700,000 Lawyers Title
Winters Irene Claire -- None Available
Winters Irene $399,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zaccone Wanda $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $700,000 0.0% $523 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/25/2020 06/25/20 For Sale $700,000 0.0% $523 / Sq Ft
06/25/2020 06/25/20 Off Market $700,000 -- --
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 $8,798 $444,624 $0 $0
2022 $8,286 $431,674 $0 $0
2021 $7,652 $419,101 $0 $0
2020 $7,460 $406,895 $0 $0
2019 $7,277 $395,044 $0 $0
2018 $6,919 $383,538 $0 $0
2017 $6,677 $372,367 $0 $0
2016 $6,077 $361,521 $0 $0
2015 $5,872 $350,991 $0 $0
2014 $5,545 $340,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20545807

Regional Multiple Listing Service (RMLS)

APN: 05021802