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21942 South Somerset Drive

21942 South Somerset Drive, Oregon City, OR 97045
Property in Clackamas
Sold Feb 07, 2020
$451,900
$437,000 by Academy Mortgage Corp
Mortgage Due Sep 01, 2050
21942 South Somerset Drive in Oregon City, OR was first built in 1976 and is 48 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 21942 South Somerset Drive has 1,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 20,135 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of composition shingle. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit. 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, 21942 South Somerset Drive sold most recently in Feb 5, 2020 for a total of $451,900. If you work out the math, that's approximately a cost of $323.71 per sqft. 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 $3,797 in taxes each year. 21942 South Somerset Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $257,954. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 624
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,135
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOMERSET #1
  • Land Acres: 0.462
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1949 SOMERSET #1 LT 7 BLK 2

Ownership

  • Current Owner : LUCAS TROY
  • Current Owner 2: LUCAS REBECCA
  • Previous Owner : JESS RYAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Canby School District 86
  • Census Tract: 023002

Zoning

  • Zoning: RRFF5

Geography

  • Assessors Map Reference: 747-F3
  • Account Number: 00890441
  • Parcel: 00890441
  • Block: 2
  • Lot: 7
  • Meridian: SEC 21 TWN 3S RNG 2E
  • Municipality: COUNTY CLACKAMAS
  • Latitude: 45.2887
  • Longitude: -122.568

    Address

  • Full Address: 21942 S Somerset Dr
  • Address - House Number: 21942
  • Street Direction: S
  • Address - Street Name: Somerset
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Oregon City
  • Carrier Code: R001
  • 4-Digit Zip Code: 9141
  • Zip Code: 97045

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,797
  • Tax Rate Code Area: 086-024

    Appraisal Valuation

  • Standard Deviation: 0.1698
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 567,928
  • High Value: 664,386
  • Low Value: 471,469

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $462,000
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $437,000
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: COLUMBIA CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Mar 27, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 27, 2033

    Market Valuation

  • Market Total Value: $475,690
  • Market Land Value: $254,740
  • Market Improvement Value: $220,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,954

    Sales

  • Current Sale Contract Date: Feb 05, 2020
  • Current Sale Recording Date: Feb 07, 2020
  • Current Sale Transaction ID: 11723584954
  • Current Sale Price: $451,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-009349

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Feb 07, 2020
  • First Mortgage Loan Amount: $429,305
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Clackamas



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Frequently Asked Questions

What neighborhood is 21942 South Somerset Drive located in?
The 21942 South Somerset Drive is a located in the neighborhood of Clackamas in Clackamas, Oregon City.
What is the average sales price for listings in 21942 South Somerset Drive?
The average sales price for units in 21942 South Somerset Drive is $0 currently.

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