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1290 Andrews Road

1290 Andrews Road, Lake Oswego, OR 97034
Property in Evergreen
Sold Feb 05, 2020
$1,375,000
$1,100,000 by Sierra Pacific Mortgage Co Inc
Mortgage Due Mar 01, 2050
Sold Jan 02, 2019
$840,000
$675,000 by M & T Bank
Mortgage Due Dec 31, 2019
1290 Andrews Road 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 1953 and is 71 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 4 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, 1290 Andrews Road has 3,742 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 1,826 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 24,205 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 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 a forced air unit. There is a single fireplace in the home. Perfect for those wintery 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, 1290 Andrews Road sold most recently in Feb 3, 2020 for a total of $1,375,000. If you work out the math, that's approximately a cost of $367.45 per sqft. Before that, the property was also sold for $840,000 in Dec 28, 2018. 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 $16,758 in taxes each year. 1290 Andrews Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $872,551. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,826
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,205
  • Total Building Area: 3,742
  • Building Area: 3,742
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,742
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS #4
  • Land Acres: 0.556
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 552 FOREST HILLS #4 LT 248

Ownership

  • Current Owner : MERRILL JENYLYN T
  • Current Owner 2: MERRILL CHARLES L
  • Previous Owner : BLUE PALOUSE PROPERTIES LLC
  • Owner Before Previous Owner: CHAPLEN ERNEST FRANK
  • Owner Before Previous Owner 2: CHAPLEN SARAH R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020102

Zoning

  • Zoning: R-10

Geography

  • Assessors Map Reference: 656-E5
  • Account Number: 00191535
  • Parcel: 00191535
  • Lot: 248
  • Meridian: SEC 03 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4243
  • Longitude: -122.679

    Address

  • Full Address: 1290 Andrews Rd
  • Address - House Number: 1290
  • Address - Street Name: Andrews
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C020
  • 4-Digit Zip Code: 1720
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $16,758
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1762
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 1,917,815
  • High Value: 2,255,916
  • Low Value: 1,579,715

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,100,000
  • First Open Lien Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Open Lien Mortgage Recording Date: Feb 05, 2020
  • First Open Lien Mortgage Loan Amount: $1,100,000
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $2,015,937
  • Market Land Value: $604,537
  • Market Improvement Value: $1,411,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $872,551

    Sales

  • Current Sale Contract Date: Feb 03, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Transaction ID: 11722008164
  • Current Sale Price: $1,375,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-008652
  • Previous Sale Recording Date: Jan 02, 2019
  • Previous Sale Contract Date: Dec 28, 2018
  • Previous Sale Amount: $840,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SIERRA PACIFIC MORTGAGE CO INC
  • First Mortgage Transaction Date: Feb 05, 2020
  • First Mortgage Loan Amount: $1,100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: Jan 02, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $675,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 31, 2019

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 1290 Andrews Road located in?
The 1290 Andrews Road is a located in the neighborhood of Evergreen in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 1290 Andrews Road?
The average sales price for units in 1290 Andrews Road is $0 currently.

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