Check Availability

11870 Southwest Palermo Street

11870 Southwest Palermo Street, Wilsonville, OR 97070
Property in Far West
Sold Jun 27, 2016
$378,088
$277,000 by Celebrity Home Loans Llc
Mortgage Due Jan 01, 2052
Local assessors in Wilsonville, OR have categorized 11870 Southwest Palermo Street as a residential type of property. The home was built in 2016 and is 8 years old. The property's lot size has been calculated to be 2,943 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, 3 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 11870 Southwest Palermo Street has a total of 1,746 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11870 Southwest Palermo Street sold most recently in Jun 22, 2016 for a total of $378,088. If you work out the math, that's approximately a cost of $216.55 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,930 in taxes each year. 11870 Southwest Palermo Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $309,606. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2016
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,943
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,746
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TONQUIN WOODS AT VILLEBOIS
  • Land Acres: 0.067
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION TONQUIN WOODS AT VILLEBOIS 4348 LOT 19

Ownership

  • Current Owner : REICH SARAH L
  • Current Owner 2: REICH JOHN W
  • Previous Owner : POLYGON AT VILLEBOIS II LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sherwood School District 88J
  • Census Tract: 022707

Zoning

  • Zoning: V

Geography

  • Account Number: 05024362
  • Parcel: 05024362
  • Lot: 19
  • Meridian: SEC 15 TWN 3S RNG 1W
  • Latitude: 45.3103
  • Longitude: -122.799

    Address

  • Full Address: 11870 Sw Palermo St
  • Address - House Number: 11870
  • Street Direction: SW
  • Address - Street Name: Palermo
  • Address - Suffix Type: St
  • State: OR
  • City Name: Wilsonville
  • Carrier Code: H003
  • 4-Digit Zip Code: 7382
  • Zip Code: 97070

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,930
  • Tax Rate Code Area: 003-033

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 597,343
  • High Value: 696,048
  • Low Value: 498,637

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $277,000
  • First Open Lien Mortgage Lender: CELEBRITY HOME LOANS LLC
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $277,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $580,120
  • Market Land Value: $217,030
  • Market Improvement Value: $363,090

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $309,606

    Sales

  • Current Sale Contract Date: Jun 22, 2016
  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Transaction ID: 1620960811
  • Current Sale Price: $378,088
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2016-042192

    Last Sale Mortgage

  • First Mortgage Lender: IMORTGAGE.COM INC
  • First Mortgage Transaction Date: Jun 27, 2016
  • First Mortgage Loan Amount: $302,470
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Far West



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 11870 Southwest Palermo Street located in?
The 11870 Southwest Palermo Street is a located in the neighborhood of Far West in Far West, Wilsonville.
What is the average sales price for listings in 11870 Southwest Palermo Street?
The average sales price for units in 11870 Southwest Palermo Street is $0 currently.

Quantcast