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4951 Bilford Lane

4951 Bilford Lane, Lake Oswego, OR 97035
Property in Westlake
Sold Sep 09, 2016
$485,000
$243,228 by Wells Fargo Bank Na
Mortgage Due Oct 01, 2046
Sold Jun 14, 2002
$317,000
Local assessors in Lake Oswego, OR have categorized 4951 Bilford Lane as a residential type of property. The home was built in 1994 and is 30 years old. The property's lot size has been calculated to be 7,461 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, 2 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4951 Bilford Lane has a total of 1,823 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of wood shake/ shingles. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 4951 Bilford Lane sold most recently in Sep 1, 2016 for a total of $485,000. If you work out the math, that's approximately a cost of $266.04 per sqft. Before that, the property was also sold for $317,000 in Jun 13, 2002. 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 $7,609 in taxes each year. 4951 Bilford Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $395,297. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,461
  • Total Building Area: 1,823
  • Building Area: 1,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE MEADOWS
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2946 THE MEADOWS LT 22

Ownership

  • Current Owner : WITTENBRINK MICHELLE M
  • Previous Owner : COWAN DONALD P
  • Owner Before Previous Owner: VIAL TOBY P

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020304

Zoning

  • Zoning: R-5

Geography

  • Assessors Map Reference: 655-J5
  • Account Number: 01496303
  • Parcel: 01496303
  • Lot: 22
  • Meridian: SEC 06 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4225
  • Longitude: -122.727

    Address

  • Full Address: 4951 Bilford Ln
  • Address - House Number: 4951
  • Address - Street Name: Bilford
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C018
  • 4-Digit Zip Code: 5746
  • Zip Code: 97035

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,609
  • Tax Rate Code Area: 007-021

    Appraisal Valuation

  • Standard Deviation: 0.1707
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 772,569
  • High Value: 904,519
  • Low Value: 640,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $243,228
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2016
  • First Open Lien Mortgage Loan Amount: $243,228
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $753,064
  • Market Land Value: $364,954
  • Market Improvement Value: $388,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,297

    Sales

  • Current Sale Contract Date: Sep 01, 2016
  • Current Sale Recording Date: Sep 09, 2016
  • Current Sale Transaction ID: 1755650946
  • Current Sale Price: $485,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-061631
  • Previous Sale Recording Date: Jun 14, 2002
  • Previous Sale Contract Date: Jun 13, 2002
  • Previous Sale Amount: $317,000
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Sep 09, 2016
  • First Mortgage Loan Amount: $243,228
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

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Frequently Asked Questions

What neighborhood is 4951 Bilford Lane located in?
The 4951 Bilford Lane is a located in the neighborhood of Westlake in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 4951 Bilford Lane?
The average sales price for units in 4951 Bilford Lane is $0 currently.

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