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12886 Sierra Vista Drive

12886 Sierra Vista Drive, Lake Oswego, OR 97035
Property in Oak Creek
Sold May 29, 2020
$598,500
$508,725 by Umpqua Bank
Mortgage Due Jun 01, 2050
12886 Sierra Vista Drive in Lake Oswego, OR was first built in 1991 and is 33 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 12886 Sierra Vista Drive has 2,020 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,320 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a garage. The garage is 640 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of materials we are unsure of. As for heating, the home is utilizing a forced air unit. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 12886 Sierra Vista Drive sold most recently in May 27, 2020 for a total of $598,500. If you work out the math, that's approximately a cost of $296.29 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 $7,512 in taxes each year. 12886 Sierra Vista Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $390,276. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 640
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,320
  • Total Building Area: 2,020
  • Building Area: 2,020
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,020
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY CREEK ESTATES #3
  • Land Acres: 0.168
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2863 BAY CREEK ESTATES #3 LT 117

Ownership

  • Current Owner : SONOFF KEVIN M
  • Current Owner 2: SONOFF ASHLEY G
  • Previous Owner : DORR RICHARD S
  • Previous Owner 2: DORR RICHARD S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020304

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 655-H4
  • Account Number: 01406972
  • Parcel: 01406972
  • Lot: 117
  • Meridian: SEC 06 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4317
  • Longitude: -122.738

    Address

  • Full Address: 12886 Sierra Vista Dr
  • Address - House Number: 12886
  • Address - Street Name: Sierra Vista
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C019
  • 4-Digit Zip Code: 5777
  • Zip Code: 97035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,512
  • Tax Rate Code Area: 007-021

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 790,484
  • High Value: 925,494
  • Low Value: 655,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $508,725
  • First Open Lien Mortgage Lender: UMPQUA BANK
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $508,725
  • 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: Jun 01, 2050

    Market Valuation

  • Market Total Value: $786,524
  • Market Land Value: $364,954
  • Market Improvement Value: $421,570

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $390,276

    Sales

  • Current Sale Contract Date: May 27, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11762392410
  • Current Sale Price: $598,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-039583

    Last Sale Mortgage

  • First Mortgage Lender: UMPQUA BANK
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $508,725
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2050

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 12886 Sierra Vista Drive located in?
The 12886 Sierra Vista Drive is a located in the neighborhood of Oak Creek in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 12886 Sierra Vista Drive?
The average sales price for units in 12886 Sierra Vista Drive is $0 currently.

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