NOT LISTED FOR SALE

640 SW Schaeffer Rd West Linn, OR 97068

Far West Wilsonville Neighborhood

Estimated Value: $2,652,000 - $3,400,000

5 Acres
$617,599 Price per Acre
221,285 Sq Ft Lot

Last Sold July 06, 2016

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

Est. 214% increase in value since last sale

Current estimated payment $21,277/month

1 Day on Market

Highlights

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

About This Lot

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 Listed By

John DeCosta

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

Keller Williams Realty Portland Premiere

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $45,589

Year Built

  • 1973

Lot Details

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

Utilities

  • Well
  • Septic Tank

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$45,589

Year Built

1973

Lot Details

0

Listing Details

  • Property Category: Land
  • Property Type: Single Family Residence
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1973

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

Schools

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

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%
Total Days on Market
1
Current Estimated Value
$3,137,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,137,401
Avg. Annual Appreciation
16.79%

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

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Summers Brent G $410,977
Previous Owner Summers Brent G $417,000
Previous Owner Summers Brent G $633,000
Previous Owner Summers Brent G $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    3 in this area

    51 Total Sales

    John DeCosta
    Section Image
  • Suzanne Montgomery

    Buyer's Agent in 2016

    Suzanne Montgomery

    Where, Inc

    (503) 701-5325

    18 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 Far West Wilsonville

640 SW Schaeffer Rd, West Linn, OR

Homes for Sale in West Linn, OR

This home is located at 640 SW Schaeffer Rd, West Linn, OR 97068 since 09 June 2016 and is currently estimated at $3,137,401, approximately $647 per square foot. This property was built in 1973. 640 SW Schaeffer Rd is a home located in Clackamas County with nearby schools including Meridian Creek Middle School, Wilsonville High School, and Three Rivers Charter 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.

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