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17503 Southeast Reserve Loop

17503 Southeast Reserve Loop, Portland, OR 97267
Property in Jennings Lodge
Sold Feb 16, 2021
$300,000
$240,000 by Guild Mortgage Co
Mortgage Due Mar 01, 2051
Sold Jan 31, 2005
$195,204
$156,163 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2035
17503 Southeast Reserve Loop has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 2004 and is 20 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 17503 Southeast Reserve Loop has 1,559 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 859 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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. 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, 17503 Southeast Reserve Loop sold most recently in Feb 11, 2021 for a total of $300,000. If you work out the math, that's approximately a cost of $192.43 per sqft. Before that, the property was also sold for $195,204 in Dec 13, 2004. 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 $3,542 in taxes each year. 17503 Southeast Reserve Loop was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $214,233. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 859
  • Total Building Area: 1,559
  • Building Area: 1,559
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,559
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REX HILL CONDO
  • Land Acres: 0.02
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CONDOMINIUM REX HILL CONDOMINIUM 3901 UNIT 4

Ownership

  • Current Owner : CHRISTOPHER MEGAN
  • Previous Owner : CHRISTOPHER CHARLES H
  • Previous Owner 2: CHRISTOPHER CHARLES
  • Owner Before Previous Owner: NORTH CLACKAMAS DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Oregon City School District 62
  • School Tax School District: SRV 5 LIGHTING
  • Census Tract: 021802

Zoning

  • Zoning: MR1

Geography

  • Assessors Map Reference: 687-C2
  • Account Number: 05010577
  • Parcel: 05010577
  • Meridian: SEC 18 TWN 2S RNG 2E
  • Municipality: COUNTY CLACKAMAS
  • Latitude: 45.3966
  • Longitude: -122.612

    Address

  • Full Address: 17503 Se Reserve Loop
  • Legal Unit: 4
  • Address - House Number: 17503
  • Street Direction: SE
  • Address - Street Name: Reserve
  • Address - Suffix Type: Loop
  • State: OR
  • City Name: Portland
  • Carrier Code: C074
  • 4-Digit Zip Code: 5965
  • Zip Code: 97267

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,542
  • Tax Rate Code Area: 062-011

    Appraisal Valuation

  • Standard Deviation: 0.1629
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 79
  • Final Value: 362,461
  • High Value: 421,524
  • Low Value: 303,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: GUILD MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $399,900
  • Market Improvement Value: $399,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $214,233

    Sales

  • Current Sale Contract Date: Feb 11, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11817067331
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-015376
  • Previous Sale Recording Date: Jan 31, 2005
  • Previous Sale Contract Date: Dec 13, 2004
  • Previous Sale Amount: $195,204
  • Previous Sale Document Type: Condominium Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE CO
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jan 31, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $156,163
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2035

About Jennings Lodge



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Frequently Asked Questions

What neighborhood is 17503 Southeast Reserve Loop located in?
The 17503 Southeast Reserve Loop is a located in the neighborhood of Jennings Lodge in Jennings Lodge, Portland.
What is the average sales price for listings in 17503 Southeast Reserve Loop?
The average sales price for units in 17503 Southeast Reserve Loop is $0 currently.

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