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534 South State Street

534 South State Street, Lake Oswego, OR 97034
Property in Lakewood
Sold Jan 15, 2016
$148,000
$103,000 by Plaza Home Mortgage Inc
Mortgage Due Feb 01, 2046
Sold Mar 07, 2008
$190,000
$180,000 by Hsbc Mortgage Corporation Usa
Mortgage Due Mar 01, 2038
Local assessors in Lake Oswego, OR have categorized 534 South State Street as a residential type of property. The home was built in 1948 and is 76 years old. The property's lot size has been calculated to be 408 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. If we look only at the heated or air conditioned part of the building, then 534 South State Street has a total of 829 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. 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. 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, 534 South State Street sold most recently in Jan 7, 2016 for a total of $148,000. If you work out the math, that's approximately a cost of $178.53 per sqft. Before that, the property was also sold for $190,000 in Mar 5, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,918 in taxes each year. 534 South State Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $151,926. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 408
  • Total Building Area: 829
  • Building Area: 829
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 829
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE OSWEGO VILLAGE
  • Land Acres: 0.009
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: SUBDIVISION LAKE OSWEGO VILLAGE A CONDOMINIUM COMMUNITY UNIT 6B 3626

Ownership

  • Current Owner : OWEN RACHEL
  • Previous Owner : FORTIER ELIZABETH L
  • Previous Owner 2: FORTIER GEORGE
  • Owner Before Previous Owner: BRIDWELL WHITNEY B
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Nov 06, 2023

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020201

Zoning

  • Zoning: R-0

Geography

  • Assessors Map Reference: 656-F6
  • Account Number: 05002845
  • Parcel: 05002845
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4121
  • Longitude: -122.665

    Address

  • Full Address: 534 S State St
  • Legal Unit: 6
  • Address - House Number: 534
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C012
  • 4-Digit Zip Code: 3858
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,918
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 298,500
  • High Value: 348,525
  • Low Value: 248,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,000
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 15, 2016
  • First Open Lien Mortgage Loan Amount: $103,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2046

    Market Valuation

  • Market Total Value: $241,460
  • Market Improvement Value: $241,460

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,926

    Sales

  • Current Sale Contract Date: Jan 07, 2016
  • Current Sale Recording Date: Jan 15, 2016
  • Current Sale Transaction ID: 1397034184
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-002465
  • Previous Sale Recording Date: Mar 07, 2008
  • Previous Sale Contract Date: Mar 05, 2008
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jan 15, 2016
  • First Mortgage Loan Amount: $103,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Feb 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: HSBC MORTGAGE CORPORATION USA
  • Previous Mortgage Transaction Date: Mar 07, 2008
  • Previous Mortgage Loan Amount: $180,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 01, 2038

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 534 South State Street located in?
The 534 South State Street is a located in the neighborhood of Lakewood in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 534 South State Street?
The average sales price for units in 534 South State Street is $0 currently.

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