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16120 Boones Ferry Road

16120 Boones Ferry Road, Lake Oswego, OR 97035
Commercial in Lake Grove
16120 Boones Ferry Road has been categorized by the local assessors in Lake Oswego, OR as a commercial type of property. The building on the property was first built in 1993 and is 31 years old. The area measurement of the land has been determined as 18,113 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 B by the local assessor. 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, 16120 Boones Ferry Road sold most recently in Feb 8, 2016 for a total of $1,450,000. If you work out the math, that's approximately a cost of $1,450,000.00 per sqft. Before that, the property was also sold for $1,450,000 in Feb 8, 2016. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $21,552 in taxes each year. 16120 Boones Ferry Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,119,701. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190402
04/02/2019
Studio
-
3540 ft²
$250,000
bedrooms
Studio
bathrooms
-
square feet
3540 ft²
$1,450,000 +480.00%
06/11/2019
-
Li Lanz

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: B
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,113
  • Total Building Area: 1
  • Building Area: 1

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: LAKE VIEW VILLAS
  • Land Acres: 0.416
  • Standard Land Use Code: Commercial building
  • Legal Description 1: 339 LAKE VIEW VILLAS PT LT 87

Ownership

  • Current Owner : LNGUYEN LLC
  • Previous Owner : TERRELL LAKE GROVE LLC
  • Owner Before Previous Owner: TERRELL LAKE GROVE LLC
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Jan 16, 2024

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020202

Zoning

  • Zoning: GC

Geography

  • Assessors Map Reference: 656-A7
  • Account Number: 00242561
  • Parcel: 00242561
  • Lot: 87
  • Meridian: SEC 08 TWN 2S RNG 1E
  • Latitude: 45.4089
  • Longitude: -122.722

    Address

  • Full Address: 16120 Boones Ferry Rd
  • Address - House Number: 16120
  • Address - Street Name: Boones Ferry
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C006
  • 4-Digit Zip Code: 4202
  • Zip Code: 97035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,552
  • Tax Rate Code Area: 007-093

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,650,000
  • First Open Lien Mortgage Lender: BENEFICIAL STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 11, 2019
  • First Open Lien Mortgage Loan Amount: $1,650,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 06, 2029

    Market Valuation

  • Market Total Value: $2,282,693
  • Market Land Value: $1,160,373
  • Market Improvement Value: $1,122,320

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,119,701

    Sales

  • Current Sale Contract Date: Feb 08, 2016
  • Current Sale Recording Date: Jun 11, 2019
  • Current Sale Transaction ID: 11616442804
  • Current Sale Price: $1,450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-032314
  • Previous Sale Recording Date: Feb 10, 2016
  • Previous Sale Contract Date: Feb 08, 2016
  • Previous Sale Amount: $1,450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BENEFICIAL STATE BANK
  • First Mortgage Transaction Date: Jun 11, 2019
  • First Mortgage Loan Amount: $1,650,000
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 06, 2029

    Previous Mortgages

  • Previous Mortgage Lender: UMPQUA BANK
  • Previous Mortgage Transaction Date: Feb 10, 2016
  • Previous Mortgage Loan Amount: $1,340,000
  • Previous Mortgage Term: 298
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 15, 2041

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 16120 Boones Ferry Road located in?
The 16120 Boones Ferry Road is a commercial located in the neighborhood of Lake Grove in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 16120 Boones Ferry Road?
The average sales price for units in 16120 Boones Ferry Road is $225,000 , or $64/sqft. currently.

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