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11850 Cornerstone Place

11850 Cornerstone Place, Oregon City, OR 97045
Townhouse in South End
Sold Feb 23, 2022
$445,000
$348,000 by Jpmorgan Chase Bank Na
Mortgage Due Mar 01, 2052
Sold Oct 05, 2020
$348,000
$341,696 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2050
Local assessors in Oregon City, OR have categorized 11850 Cornerstone Place as a residential type of property. The home was built in 2009 and is 15 years old. The property's lot size has been calculated to be 1,740 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 11850 Cornerstone Place has a total of 1,818 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 11850 Cornerstone Place was last sold in Feb 22, 2022 for $445,000. According to our calculations, that's $244.77 per sqft. Prior to that sales transaction, the property was sold for $348,000 in Oct 2, 2020. Current property owners are expected to pay $4,146 in taxes per year. The property on 11850 Cornerstone Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $220,420. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

Off Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2009
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: D
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,740
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,818
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORNERSTONE TOWNHOMES
  • Land Acres: 0.04
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION CORNERSTONE TOWNHOMES 4274 LT 2

Ownership

  • Current Owner : SHIELDS MICHELLE
  • Current Owner 2: SHIELDS KENNETH
  • Previous Owner : LINN REBECCA A
  • Owner Before Previous Owner: LEEP KIRSEN M
  • Owner Before Previous Owner 2: LEEP MITCHELL A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oregon City School District 62
  • Census Tract: 022602

Zoning

  • Zoning: MUC1

Geography

  • Assessors Map Reference: 717-A3
  • Account Number: 05022436
  • Parcel: 05022436
  • Lot: 2
  • Meridian: SEC 01 TWN 3S RNG 1E
  • Municipality: OREGON CITY
  • Latitude: 45.3377
  • Longitude: -122.624

    Address

  • Full Address: 11850 Cornerstone Pl
  • Address - House Number: 11850
  • Address - Street Name: Cornerstone
  • Address - Suffix Type: Pl
  • State: OR
  • City Name: Oregon City
  • Carrier Code: C010
  • 4-Digit Zip Code: 3877
  • Zip Code: 97045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,146
  • Tax Rate Code Area: 062-002

    Appraisal Valuation

  • Standard Deviation: 0.1805
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 76
  • Final Value: 451,424
  • High Value: 532,940
  • Low Value: 369,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 23, 2022
  • First Open Lien Mortgage Loan Amount: $348,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $391,562
  • Market Land Value: $150,492
  • Market Improvement Value: $241,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,420

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Feb 23, 2022
  • Current Sale Transaction ID: 11879934999
  • Current Sale Price: $445,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 11263
  • Previous Sale Recording Date: Oct 05, 2020
  • Previous Sale Contract Date: Oct 02, 2020
  • Previous Sale Amount: $348,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Feb 23, 2022
  • First Mortgage Loan Amount: $348,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Previous Mortgage Transaction Date: Oct 05, 2020
  • Previous Mortgage Loan Amount: $341,696
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2050

About South End



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Frequently Asked Questions

What neighborhood is 11850 Cornerstone Place located in?
The 11850 Cornerstone Place is a townhouse located in the neighborhood of South End in South End, Oregon City.
What is the average sales price for listings in 11850 Cornerstone Place?
The average sales price for units in 11850 Cornerstone Place is $0 currently.

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