See Home Value
$497,002*
House - Off Market

16325 SE ORMAE RD

Milwaukie, OR 97267
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1230 Sqft
$464,000 - $566,000
Reference Base Price*
-3.49%
Since Sep 1, 2022
OR-Portland
Primary Model
Sold Sep 02, 2022
$520,000
$510,581 by Bay Equity Llc
Mortgage Due Oct 01, 2052

About This Property

Very well kept 3 bed, 1 bath ranch on a very woodsy and private .44 Acre lot.  Don't miss out on this rare opportunity on such a quiet peaceful piece of property!  Plenty of room to park your boats, RV's, build a shop, etc.! Brand new roof/exterior paint in 2022, New electrical service in 2021, Newer carpet in bedrooms, Large raised garden beds in back, fruit trees, etc.  The opportunities are endless with this 60's beauty!

The manager has listed the unit size as 1230 square feet.
Unit Size
1,230Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$419
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1960

Price History

Date / Event Date Event Price
Sep 2, 2022 Sold to Kole Nicolas Wieland, Leona... $520,000
Sold to Kole Nicolas Wieland, Leona...
Aug 3, 2022 No longer available -
No longer available
Jul 21, 2022 Listed $515,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 19,166
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,080
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARTITION PLAT
  • Land Acres: 0.44
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1997-42 PARTITION PLAT PARCEL 2

Ownership

  • Current Owner : WIELAND KOLE NICOLAS
  • Current Owner 2: SAHALIE LEONARD JORDAN
  • Previous Owner : MULLER ANTHONY M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: North Clackamas School District 12
  • Census Tract: 021801

Zoning

  • Zoning: R10

Geography

  • Assessors Map Reference: 687-D1
  • Account Number: 00467514
  • Parcel: 00467514
  • Lot: 2
  • Meridian: SEC 08 TWN 2S RNG 2E
  • Municipality: COUNTY CLACKAMAS
  • Latitude: 45.4046
  • Longitude: -122.6

    Address

  • Full Address: 16325 Se Ormae Rd
  • Address - House Number: 16325
  • Street Direction: SE
  • Address - Street Name: Ormae
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Portland
  • Carrier Code: C075
  • 4-Digit Zip Code: 5125
  • Zip Code: 97267

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,136
  • Tax Rate Code Area: 012-047

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 77
  • Final Value: 497,801
  • High Value: 584,592
  • Low Value: 411,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,581
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: Sep 02, 2022
  • First Open Lien Mortgage Loan Amount: $510,581
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $486,774
  • Market Land Value: $327,714
  • Market Improvement Value: $159,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,716

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 02, 2022
  • Current Sale Transaction ID: 11895424030
  • Current Sale Price: $520,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 48619

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: Sep 02, 2022
  • First Mortgage Loan Amount: $510,581
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2052



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,850 ft²
$297/ft²
$549,000 Mar 9, 2023
-
$325/mo

About Milwaukie Heights


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Frequently Asked Questions

When was property at 16325 Southeast Ormae Road built and last sold?
The property at 16325 Southeast Ormae Road was built in 1960 and last sold on Sep 1, 2022 for $520,000.
How much is this home worth?
The estimated value of the home located at 16325 Southeast Ormae Road is $520,150.
What are some comparable homes to 16325 Southeast Ormae Road?
There are currently no comparable homes to 16325 Southeast Ormae Road.

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