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1268 Spruce Street

1268 Spruce Street, Lake Oswego, OR 97034
Sold Jul 14, 2020
$680,000
$510,000 by The Mortgage Co
Mortgage Due Aug 01, 2050
Sold Aug 24, 2015
$399,000
$319,200 by Pacific Residential Mortgage L
Mortgage Due Sep 01, 2045
1268 Spruce 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 1972 and is 52 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1268 Spruce Street has 2,009 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 833 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,500 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of wood shake/ shingles. The exterior walls of the building are made of wood. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1268 Spruce Street was last sold in Jul 13, 2020 for $680,000. According to our calculations, that's $338.48 per sqft. Prior to that sales transaction, the property was sold for $399,000 in Jun 29, 2015. Current property owners are expected to pay $6,640 in taxes per year. The property on 1268 Spruce Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $345,704. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Exterior

Wood Siding

Driveway

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

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 833
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 2,009
  • Building Area: 2,009
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,009
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH OSWEGO
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 79 SOUTH OSWEGO PT LTS 2&3 BLK 53

Ownership

  • Current Owner : MOORE MOLLY
  • Previous Owner : WILSON KEVIN M
  • Owner Before Previous Owner: PRESSLEY ERIC J

Neighborhood

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

Zoning

  • Zoning: R-7.5

Geography

  • Account Number: 00263752
  • Parcel: 00263752
  • Block: 53
  • Lot: 2,3
  • Meridian: SEC 10 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4059
  • Longitude: -122.674

    Address

  • Full Address: 1268 Spruce St
  • Address - House Number: 1268
  • Address - Street Name: Spruce
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C013
  • 4-Digit Zip Code: 6061
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,640
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1736
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 859,098
  • High Value: 1,008,251
  • Low Value: 709,945

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: THE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Jul 14, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $710,846
  • Market Land Value: $319,206
  • Market Improvement Value: $391,640

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,704

    Sales

  • Current Sale Contract Date: Jul 13, 2020
  • Current Sale Recording Date: Jul 14, 2020
  • Current Sale Transaction ID: 11772135575
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-054369
  • Previous Sale Recording Date: Aug 24, 2015
  • Previous Sale Contract Date: Jun 29, 2015
  • Previous Sale Amount: $399,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE MORTGAGE CO
  • First Mortgage Transaction Date: Jul 14, 2020
  • First Mortgage Loan Amount: $510,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC RESIDENTIAL MORTGAGE L
  • Previous Mortgage Transaction Date: Aug 24, 2015
  • Previous Mortgage Loan Amount: $319,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

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Frequently Asked Questions

What neighborhood is 1268 Spruce Street located in?
The 1268 Spruce Street is a house located in the neighborhood of McVey - South Shore in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 1268 Spruce Street?
The average sales price for units in 1268 Spruce Street is $0 currently.

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