NOT LISTED FOR SALE

5280 SW Drake Ln Hillsboro, OR 97123

Southeast Hillsboro Neighborhood

Estimated Value: $466,063 - $537,000

4 Beds
7 Baths
1,501 Sq Ft
$335/Sq Ft Est. Value

About This Home

This home is located at 5280 SW Drake Ln, Hillsboro, OR 97123 and is currently estimated at $502,516, approximately $334 per square foot. 5280 SW Drake Ln is a home located in Washington County with nearby schools including Imlay Elementary School, R.A. Brown Middle School, and Century High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2020
Sold by
Mihailescu Razvan M and Hunter Nancee
Bought by
Mihailescu Razvan
Current Estimated Value
$502,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Outstanding Balance
$31,131
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving
Estimated Equity
$471,385

Purchase Details

Closed on
Mar 9, 2016
Sold by
Mcdonald Martin J and Mcdonald Tammy A
Bought by
Mihailescu Razvan M and Hunter Nancee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Outstanding Balance
$203,414
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$299,102

Purchase Details

Closed on
Apr 13, 2001
Sold by
Ingreenious Inc
Bought by
Mcdonald Martin J and Mcdonald Tammy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.09%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Mihailescu Razvan -- Wfg Lender Services
Mihailescu Razvan M $282,000 Lawyers Title
Mcdonald Martin J $145,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mihailescu Razvan $37,000
Open Mihailescu Razvan M $257,000
Previous Owner Mcdonald Martin J $116,000
Source: Public Records

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
2025 $3,435 $210,130 -- --
2024 $3,337 $204,010 -- --
2023 $3,337 $198,070 $0 $0
2022 $3,247 $198,070 $0 $0
2021 $3,181 $186,710 $0 $0
2020 $3,113 $181,280 $0 $0
2019 $3,023 $176,000 $0 $0
2018 $2,894 $170,880 $0 $0
2017 $2,789 $165,910 $0 $0
2016 $2,713 $161,080 $0 $0
2015 $2,603 $156,390 $0 $0
2014 $2,589 $151,840 $0 $0
Source: Public Records

Map

Oregon Washington County Hillsboro 97123 Southeast Hillsboro

5280 SW Drake Ln, Hillsboro, OR

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