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12576 Northwest Forest Spring Lane

12576 Northwest Forest Spring Lane, Portland, OR 97229
Sold Sep 09, 2020
$570,000
$484,500 by First Technology Federal Cu
Mortgage Due Oct 01, 2050
Sold Dec 20, 2010
$385,000
$300,000 by Wells Fargo Bank Na
Mortgage Due Jan 01, 2041
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Local assessors in Portland, OR have categorized 12576 Northwest Forest Spring Lane as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 3,920 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 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 12576 Northwest Forest Spring Lane has a total of 2,271 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 423 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. The building has a gable or hip style roof that was made of composition shingle. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 12576 Northwest Forest Spring Lane sold most recently in Aug 4, 2020 for a total of $570,000. If you work out the math, that's approximately a cost of $211.58 per sqft. Before that, the property was also sold for $385,000 in Dec 16, 2010. 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 $6,389 in taxes each year. 12576 Northwest Forest Spring Lane was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $398,190. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 423
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,694
  • Gross Building Area: 2,694
  • Building Area: 2,271
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,271
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAUER HIGHLANDS
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BAUER HIGHLANDS, LOT 118, ACRES 0.09

Ownership

  • Current Owner : FAN YANGYANG
  • Current Owner 2: NIU TINGTING
  • Previous Owner : LI YONG
  • Previous Owner 2: CHEN XIUJUAN
  • Owner Before Previous Owner: WU DANIEL D
  • Owner Before Previous Owner 2: WU AGNES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Beaverton School District 48J
  • Census Tract: 031519

Zoning

  • Zoning: R-9

Geography

  • Parcel: R2104563
  • Lot: 118
  • Meridian: SEC 21 TWN 01N RNG 01W
  • Municipality: BEAVERTON
  • Latitude: 45.5506
  • Longitude: -122.807

    Address

  • Full Address: 12576 Nw Forest Spring Ln
  • Address - House Number: 12576
  • Street Direction: NW
  • Address - Street Name: Forest Spring
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Portland
  • Carrier Code: C024
  • 4-Digit Zip Code: 9360
  • Zip Code: 97229

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,389
  • Tax Rate Code Area: 052.18

    Appraisal Valuation

  • Standard Deviation: 0.1175
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 87
  • Final Value: 748,294
  • High Value: 836,233
  • Low Value: 660,356

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $484,500
  • First Open Lien Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Open Lien Mortgage Recording Date: Sep 09, 2020
  • First Open Lien Mortgage Loan Amount: $484,500
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $727,370
  • Market Land Value: $382,500
  • Market Improvement Value: $344,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $398,190

    Sales

  • Current Sale Contract Date: Aug 04, 2020
  • Current Sale Recording Date: Sep 09, 2020
  • Current Sale Transaction ID: 11786072289
  • Current Sale Price: $570,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-086636
  • Previous Sale Recording Date: Dec 20, 2010
  • Previous Sale Contract Date: Dec 16, 2010
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TECHNOLOGY FEDERAL CU
  • First Mortgage Transaction Date: Sep 09, 2020
  • First Mortgage Loan Amount: $484,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Dec 20, 2010
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Sommerset West - Elmonica North



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Frequently Asked Questions

What neighborhood is 12576 Northwest Forest Spring Lane located in?
The 12576 Northwest Forest Spring Lane is a house located in the neighborhood of Sommerset West - Elmonica North in Sommerset West - Elmonica North, Portland.
What is the average sales price for listings in 12576 Northwest Forest Spring Lane?
The average sales price for units in 12576 Northwest Forest Spring Lane is $549,000 , or $242/sqft. currently.

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