NOT LISTED FOR SALE

975 SE Olive Way Estacada, OR 97023

Estimated Value: $613,000 - $660,000

5 Beds
3 Baths
2,580 Sq Ft
$244/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $552,000 $214 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,967/month

4 Days on Market

Highlights

  • View of Trees or Woods
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • Covered Deck
  • Wooded Lot
  • Quartz Countertops

About This Home

As of December 2022

Tranquil living awaits in this modern Scandinavian farmhouse. On the main: 1 bedroom, 1 full bath, and an expansive open living area. A chefs kitchen w/gas stove, large island, farmhouse sink, tiled backsplash, and pantry. Upstairs: Light filled primary bedroom w/ ensuite features a soaking tub, double sinks, walk-in tiled shower and substantial walk-in closet with direct access to the laundry.. Three other well appointed bedrooms share a full bathroom and an additional family room.

Last Agent to Sell the Property

Shannon Dooley

Think Real Estate License #201220065 Listed on: 10/31/2022

Think Real Estate

Last Buyer's Agent

Lillian Foster

Move Real Estate Inc License #201231333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 2020

Lot Details

  • 7,840 Sq Ft Lot
  • Sloped Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Valley

Home Design

  • Contemporary Architecture
  • Farmhouse Style Home
  • Pillar, Post or Pier Foundation
  • Composition Roof
  • Board and Batten Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,580 Sq Ft Home
  • 2-Story Property
  • Plumbed for Central Vacuum
  • Propane Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Soaking Tub

Laundry

  • Laundry Room
  • Washer and Dryer

Accessible Home Design

  • Accessibility Features
  • Minimal Steps

Outdoor Features

  • Covered Deck

Schools

  • Clackamas River Elementary School
  • Estacada Middle School
  • Estacada High School

Utilities

  • 95% Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • Propane Water Heater

Community Details

  • Community Management, Inc. Association, Phone Number (503) 445-1125

Listing and Financial Details

  • Assessor Parcel Number 05034907

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 2020

Lot Details

0

HOA Fees

$70 per month

Parking

3

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 2020
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Farmhouse, NWContemporary
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,Disposal,Microwave
  • Room 13 Features: Bathroom,ClosetOrganizer
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, MainFloorBedroomBath, MinimalSteps
  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: GarageDoorOpener, LaminateFlooring, Laundry, PlumbedForCentralVacuum, Quartz, SoakingTub, WalltoWallCarpet, WasherDryer
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Upper
  • Room 5 Description: Laundry
  • Room 5 Level: Upper
  • Room 6 Description: _5thBedroom
  • Room 6 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, Island, Pantry, Quartz, StainlessSteelAppliance, Tile
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Propane
  • Fireplace: Yes
  • Association Contact: Kim Hilltop
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt7000to9999
  • Other Room10 Area: 189
  • Additional Room 10 Level: Upper
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 132
  • Bedroom 6 Area: 132
  • Bedroom 7 Area: 121
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 100
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 120
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: BoardBattenSiding,LapSiding
  • Exterior Features: CoveredDeck, Deck
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter, PillarPostPier
  • View: Yes
  • Lot Features: Sloped, Trees, Wooded
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: TreesWoods,Valley

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Propane
  • Hot Water: Propane
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir95Plus
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 70.0
  • Association Fee Frequency: Monthly
  • Association Name: Community Management, Inc.
  • Phone: 503-445-1125
  • Association: Yes
  • Association Email: kimh@COMMUNITYMGT.com

Association/Amenities

  • AssociationAddress: 2105 SE 9th Ave. Portland, OR 97214
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

  • Elementary School: Clackamas River
  • High School: Estacada
  • Middle Or Junior School: Estacada

Lot Info

  • Farm: No
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 7840.0
  • Parcel #: 05034907

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 5178.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Nov 4, 2022
Sold by
Sherwood Chase L
Bought by
Ospina Amber and Rodriguez Marion Ospina
Seller's Agent
Shannon Dooley
Think Real Estate
Buyer's Agent
Lillian Foster
Move Real Estate Inc
List Price
$552,000
Sold Price
$552,000
Views
10
Current Estimated Value
$621,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,271
Avg. Annual Appreciation
5.10%
Original Mortgage
$441,600
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2020
Sold by
Thomas Heights Llc
Bought by
Sherwood Chase L and Sherwood Tami A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,900
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Ospina Amber $552,000 --
Sherwood Chase L $509,900 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ospina Amber $504,000
Closed Ospina Amber $441,600
Previous Owner Sherwood Chase L $309,900
Previous Owner Thomas Heights Llc $362,847
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2022 12/05/22 Sold $552,000 0.0% $214 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $552,000 +8.3% $214 / Sq Ft
10/02/2020 10/02/20 Sold $509,900 0.0% $198 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $509,900 -- $198 / 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 $5,592 $346,136 $0 $0
2022 $5,317 $336,055 $0 $0
2021 $5,179 $326,267 $0 $0
2020 $1,162 $73,796 $0 $0
2019 $336 $21,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22033144

Regional Multiple Listing Service (RMLS)

APN: 05034907