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1248 Oak Street

1248 Oak Street, Lake Oswego, OR 97034
Sold Feb 12, 2016
$312,500
$315,000 by First Republic Bank
Mortgage Due Nov 01, 2051
Sold Mar 29, 2010
$238,500
$234,179 by Us Bank Na
Mortgage Due Apr 01, 2040
1248 Oak Street has been categorized by the local assessors in Lake Oswego, OR as a residential type of property. The building on the property was first built in 1940 and is 84 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1248 Oak Street has 628 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,791 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a hip style roof made of composition shingle. The exterior walls of the building are made of materials we are unsure of. In terms of heating, it is utilizing baseboard heaters and being fueled with oil. The property was last sold in Feb 11, 2016 for $312,500. That's $497.61 per sqft. Prior to that sales transaction, the property was also sold in Mar 26, 2010 for $238,500. 1248 Oak Street was last assessed in 2023. The total value of the property was assessed at $159,227. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,058. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,791
  • Total Building Area: 628
  • Building Area: 628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 628
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH OSWEGO
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 79 SOUTH OSWEGO LT 5 & PT LTS 4 14 &15 BLK 41

Ownership

  • Current Owner : ARNOT STEPHEN P
  • Current Owner 2: ARNOT ANDREA W
  • Previous Owner : HASS DEREK P
  • Owner Before Previous Owner: FEDDERSON DARR J
  • Owner Before Previous Owner 2: FEDDERSON PAMELA JEANNE
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020503

Zoning

  • Zoning: R-7.5

Geography

  • Assessors Map Reference: 656-F7
  • Account Number: 00260826
  • Parcel: 00260826
  • Block: 41
  • Lot: 5,4
  • Meridian: SEC 10 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.408
  • Longitude: -122.673

    Address

  • Full Address: 1248 Oak St
  • Address - House Number: 1248
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C013
  • 4-Digit Zip Code: 4740
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,058
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 81
  • Final Value: 529,219
  • High Value: 610,784
  • Low Value: 447,654

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $443,782
  • Market Land Value: $298,872
  • Market Improvement Value: $144,910

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,227

    Sales

  • Current Sale Contract Date: Feb 11, 2016
  • Current Sale Recording Date: Feb 12, 2016
  • Current Sale Transaction ID: 1430826592
  • Current Sale Price: $312,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-008474
  • Previous Sale Recording Date: Mar 29, 2010
  • Previous Sale Contract Date: Mar 26, 2010
  • Previous Sale Amount: $238,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Feb 12, 2016
  • First Mortgage Loan Amount: $234,187
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Mar 29, 2010
  • Previous Mortgage Loan Amount: $234,179
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 1248 Oak Street located in?
The 1248 Oak Street is a located in the neighborhood of McVey - South Shore in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 1248 Oak Street?
The average sales price for units in 1248 Oak Street is $0 currently.

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