NOT LISTED FOR SALE

640 SW Schaeffer Rd West Linn, OR 97068

Estimated Value: $2,438,000 - $5,161,000

3 Beds
8 Baths
4,842 Sq Ft
$747/Sq Ft Est. Value

Last Sold July 06, 2016

Last sale price $1,000,000 $207 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $22,963/month

1 Day on Market

Highlights

  • Private Lot
  • Views
  • Landscaped with Trees
  • Meridian Creek Middle School Rated A-

About This Home

As of July 2016

Existing home and barn but property value is in the land. Glorious, sweeping mountain & territorial views! Private, gated driveway. Moments from Oregon Golf Club and easy access to I-205. 2016 Street of Dreams being built next door, incredible investment opportunity. Incredible grounds - serene, quiet, beautiful. Your very own private slice of Pacific NW Perfection.

Last Agent to Sell the Property

John DeCosta

Keller Williams Realty Portland Premiere License #001861178 Listed on: 06/09/2016

Keller Williams Realty Portland Premiere

Last Buyer's Agent

Suzanne Montgomery

Where, Inc License #930800239

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,370

Lot Details

  • Private Lot
  • Secluded Lot
  • Landscaped with Trees
  • Property is zoned AGF

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,370

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Legal Description: SECTION 04 TOWNSHIP 3S RANGE 1E QUARTER D TAX LOT 01601

Exterior Features

  • Lot Size: 5 to 6.99 Acres
  • View: Mountain(s), Territorial
  • View: Yes

Utilities

  • Utilities: Electricity Connected, Septic Tank, Well

Association/Amenities

  • Existing Structures Description: Barn(s), Driveway
  • Existing Structures: Yes

Lot Info

  • Lot Description: Private, Secluded, Trees
  • Acres: 5.08
  • Zoning: AGF
  • Number Of Lots Total: 1
  • Present Use: Residential

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 6604.41
  • Tax Deferral: Yes
  • Assessor Parcel Number: 00754534

MLS Schools

  • Elementary School: Stafford
  • High School: Wilsonville
  • Middle School: Wood

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2016
Closed on
Jun 7, 2016
Sold by
Summers Brent G and Summers Mary June
Bought by
Moffitt Billie L
Seller's Agent
John DeCosta
Keller Williams Realty Portland Premiere
Buyer's Agent
Suzanne Montgomery
Where, Inc
List Price
$979,000
Sold Price
$1,000,000
Premium/Discount to List
$21,000
2.15%
Current Estimated Value
$3,614,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,614,940
Avg. Annual Appreciation
14.80%
Source: Public Records

Range of Values:

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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
Moffitt Billie L $1,000,000 Wfg Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2016 07/06/16 Sold $1,000,000 +2.1% $207 / Sq Ft
06/10/2016 06/10/16 Pending -- -- --
06/09/2016 06/09/16 For Sale $979,000 -- $202 / 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
2025 $47,370 $2,732,319 -- --
2024 $45,589 $2,652,737 -- --
2023 $45,589 $2,575,473 $0 $0
2022 $42,958 $2,500,460 $0 $0
2021 $32,041 $1,913,776 $0 $0
2020 $13,483 $773,524 $0 $0
2019 $4,537 $275,466 $0 $0
2018 $9,773 $605,073 $0 $0
2017 $7,009 $460,791 $0 $0
2016 $6,854 $447,373 $0 $0
2015 $6,604 $434,342 $0 $0
2014 $6,237 $421,694 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John DeCosta

    Seller's Agent in 2016

    John DeCosta

    Keller Williams Realty Portland Premiere

    (503) 702-0856

    45 Total Sales

    John DeCosta
    Section Image
  • Suzanne Montgomery

    Buyer's Agent in 2016

    Suzanne Montgomery

    Where, Inc

    (503) 701-5325

    13 Total Sales

    Suzanne Montgomery
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16302396

Regional Multiple Listing Service (RMLS)

APN: 00754534

Oregon Clackamas County West Linn 97068

640 SW Schaeffer Rd, West Linn, OR

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