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16351 Pacific Highway

16351 Pacific Highway, Lake Oswego, OR 97034
House in Hallinan
Sold Oct 15, 2021
$524,000
$419,200 by Fairway Independent Mortgage C
Mortgage Due Nov 01, 2051
Sold Mar 11, 2015
$329,900
$323,924 by Loanstar Home Lending
Mortgage Due Apr 01, 2045
16351 Pacific Highway 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 1979 and is 45 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 16351 Pacific Highway has 1,690 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 1,092 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 7,694 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 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. The property was last sold in Oct 14, 2021 for $524,000. That's $310.06 per sqft. Prior to that sales transaction, the property was also sold in Mar 6, 2015 for $329,900. 16351 Pacific Highway was last assessed in 2023. The total value of the property was assessed at $302,216. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,804. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,092
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,694
  • Total Building Area: 1,690
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH OSWEGO
  • Land Acres: 0.177
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 79 SOUTH OSWEGO PT LTS 5&8 BLKG

Ownership

  • Current Owner : CHENG PHILIP XUAN TING
  • Previous Owner : HANSON CHARLES A
  • Previous Owner 2: HANSON AMBER L
  • Owner Before Previous Owner: POSEY JACQUELINE P
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-7.5

Geography

  • Assessors Map Reference: 656-G7
  • Account Number: 00265448
  • Parcel: 00265448
  • Block: G
  • Lot: 5,8
  • Meridian: SEC 10 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4077
  • Longitude: -122.66

    Address

  • Full Address: 16351 Pacific Hwy
  • Address - House Number: 16351
  • Address - Street Name: Pacific
  • Address - Suffix Type: Hwy
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C009
  • 4-Digit Zip Code: 5039
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,804
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1652
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 706,256
  • High Value: 822,958
  • Low Value: 589,553

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,200
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Oct 15, 2021
  • First Open Lien Mortgage Loan Amount: $419,200
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $631,716
  • Market Land Value: $245,536
  • Market Improvement Value: $386,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $302,216

    Sales

  • Current Sale Contract Date: Oct 14, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Transaction ID: 11859394911
  • Current Sale Price: $524,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-092832
  • Previous Sale Recording Date: Mar 11, 2015
  • Previous Sale Contract Date: Mar 06, 2015
  • Previous Sale Amount: $329,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Oct 15, 2021
  • First Mortgage Loan Amount: $419,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: LOANSTAR HOME LENDING
  • Previous Mortgage Transaction Date: Mar 11, 2015
  • Previous Mortgage Loan Amount: $323,924
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2045

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 16351 Pacific Highway located in?
The 16351 Pacific Highway is a house located in the neighborhood of Hallinan in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 16351 Pacific Highway?
The average sales price for units in 16351 Pacific Highway is $0 currently.

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