$808,583
SOLD NOV 6, 2020

7425 SW Red Cedar Way Tigard, OR 97223

4 Beds
3 Baths
3,521 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$230 Per Sq Ft

12% Above List Price

Highlights

  • New Construction
  • Attached Garage
  • 1-minute walk to Senn Park
  • 1 Fireplace
  • Views

About This Home

As of December 2022

7 New homes being built bu 2019 HBA builder of the year...JT Smith company. Most of the homes have unfinished basements that can be finished at about $80-100 per square foot plus any upgrades for ADU permits and / or fees. Possible rent-able space.Homes will be finished this summer.

Last Agent to Sell the Property

Gary Donovan

MORE Realty License #780301928 Listed on: 02/21/2020

MORE Realty

Last Buyer's Agent

Gary Donovan

MORE Realty License #780301928 Listed on: 02/21/2020

MORE Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,816

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Sloped Lot

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Cement Siding

Interior Spaces

  • 3-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Unfinished Basement
  • Natural lighting in basement
  • Property Views

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,816

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story
  • Sq Ft Calculated: 2529
  • Sq Ft Approximate Total: 3521
  • Stories: 3
  • Warranty: Builder Warranty
  • Year Built: 2020
  • Property Condition: New Construction
  • Remarks Public: 7 New homes being built bu 2019 HBA builder of the year...JT Smith company. Most of the homes have unfinished basements that can be finished at about $80-100 per square foot plus any upgrades for ADU permits and / or fees. Possible rent-able space.Homes will be finished this summer.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: No
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By: Buyer
  • New Construction Early Release Earnest Money: Yes
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: mst 2019
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: Den, 4th Bedroom
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Legal Description: Lot 5 Red Cedar Estates
  • Sq Ft Lower Level: 992
  • Sq Ft Main Level: 1157
  • Upper Level Sq Ft: 1372
  • Bedrooms: 4
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Daylight, Unfinished
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Additional Room 1: Description: 4th Bedroom,On Level: Upper
  • Additional Room 2: Description: Den,On Level: Main
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 5K-6,999SF
  • Lot Dimensions: 65 x 99
  • Roof Type: Composition
  • View: Park/Greenbelt, Trees/Woods
  • View: Yes
  • Additional Structure Supplement: No
  • Road Surface: Concrete

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: Metzger
  • Middle School: Fowler
  • High School: Tualatin

Lot Info

  • Lot Description: Sloped
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 6000.00
  • Assessor Parcel Number: Not Found

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Metzger
  • High School: Tualatin
  • Middle School: Fowler

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2022
Closed on
Dec 8, 2022
Sold by
Bryant James Michael
Bought by
Manghelli Martin and Manghelli Jenifer
Seller's Agent
Mike Hall
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Kristin Rader
Keller Williams Sunset Corridor
List Price
$1,100,000
Sold Price
$1,100,000
Current Estimated Value
$996,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$103,065
Avg. Annual Appreciation
-3.12%
Original Mortgage
$682,000
Outstanding Balance
$665,300
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$341,884

Purchase Details

Listed on
Feb 21, 2020
Closed on
Oct 29, 2020
Sold by
Lfii 74 Llc
Bought by
Bryant James Michael and Spurlin Shannon Vanessa
Seller's Agent
Gary Donovan
MORE Realty
Buyer's Agent
Gary Donovan
MORE Realty
List Price
$719,000
Sold Price
$808,583
Premium/Discount to List
$89,583
12.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.62%
Original Mortgage
$655,922
Interest Rate
2.9%
Mortgage Type
VA
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 Type Sale Price Title Company
Warranty Deed $1,100,000 Old Republic Title
Warranty Deed $808,583 First American
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $682,000 New Conventional
Previous Owner $655,922 VA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $1,100,000 0.0% $312 / Sq Ft
11/19/2022 11/19/22 Pending -- -- --
11/19/2022 11/19/22 For Sale $1,100,000 +36.0% $312 / Sq Ft
11/06/2020 11/06/20 Sold $808,583 +12.5% $230 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $719,000 -- $204 / 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 $8,816 $510,090 -- --
2024 $8,522 $495,240 -- --
2023 $8,522 $480,820 $0 $0
2022 $8,279 $480,820 $0 $0
2021 $8,074 $453,230 $0 $0
2020 $731 $41,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Hall

    Seller's Agent in 2022

    Mike Hall

    Cascade Hasson Sotheby's International Realty

    (503) 341-5915

    1 in this area

    122 Total Sales

    Mike Hall
    Section Image
  • Jenna Hall

    Seller Co-Listing Agent in 2022

    Jenna Hall

    Cascade Hasson Sotheby's International Realty

    (503) 970-3557

    1 in this area

    60 Total Sales

    Jenna Hall
    Section Image
  • Kristin Rader

    Buyer's Agent in 2022

    Kristin Rader

    Keller Williams Sunset Corridor

    (503) 539-6946

    1 in this area

    231 Total Sales

    Kristin Rader
    Section Image

  • G

    Seller's Agent in 2020

    Gary Donovan

    MORE Realty

    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20099891

Regional Multiple Listing Service (RMLS)

APN: R2214070

Oregon Washington County Tigard 97223

7425 SW Red Cedar Way, Tigard, OR

This home is located at 7425 SW Red Cedar Way, Tigard, OR 97223 and is currently priced at $808,583, approximately $229 per square foot. This property was built in 2020. 7425 SW Red Cedar Way is a home located in Washington County with nearby schools including Metzger Elementary School, Thomas R. Fowler Middle School, and Tigard High School.

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