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3561 Southeast Reed Drive

3561 Southeast Reed Drive, Hillsboro, OR 97123
Sold Nov 25, 2020
$473,700
$260,000 by Eagle Home Mortgage Llc
Mortgage Due Dec 01, 2050
Local assessors in Hillsboro, OR have categorized 3561 Southeast Reed Drive as a residential type of property. The home was built in 2020 and is 4 years old. The property's lot size has been calculated to be 3,920 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 3561 Southeast Reed Drive has a total of 2,151 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 3561 Southeast Reed Drive sold most recently in Nov 20, 2020 for a total of $473,700. If you work out the math, that's approximately a cost of $220.22 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 $5,435 in taxes each year. 3561 Southeast Reed Drive was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $332,240. 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: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,920
  • Total Building Area: 2,151
  • Gross Building Area: 2,151
  • Building Area: 2,151
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,151
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REEDS CROSSING
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: REEDS CROSSING, LOT 121, ACRES 0.09

Ownership

  • Current Owner : NGUYEN JIMMY JOSEPH
  • Previous Owner : LENNAR NORTHWEST INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 032302

Zoning

  • Zoning: MFR-2

Geography

  • District: 51
  • Parcel: R2207749
  • Lot: 121
  • Meridian: SEC 11 TWN 01S RNG 02W
  • Municipality: HILLSBORO
  • Latitude: 45.4941
  • Longitude: -122.907

    Address

  • Full Address: 3561 Se Reed Dr
  • Address - House Number: 3561
  • Street Direction: SE
  • Address - Street Name: Reed
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Hillsboro
  • Carrier Code: C056
  • 4-Digit Zip Code: 2238
  • Zip Code: 97123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,435
  • Tax Rate Code Area: 029.13

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 89
  • Final Value: 653,606
  • High Value: 721,372
  • Low Value: 585,839

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $260,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $629,110
  • Market Land Value: $264,080
  • Market Improvement Value: $365,030

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $332,240

    Sales

  • Current Sale Contract Date: Nov 20, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11802346045
  • Current Sale Price: $473,700
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2020-120487

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $260,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

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Frequently Asked Questions

What neighborhood is 3561 Southeast Reed Drive located in?
The 3561 Southeast Reed Drive is a located in the neighborhood of Cooper Mountain - Aloha North in Cooper Mountain - Aloha North, Hillsboro.
What is the average sales price for listings in 3561 Southeast Reed Drive?
The average sales price for units in 3561 Southeast Reed Drive is $0 currently.

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