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690 Eric Drive

690 Eric Drive, Molalla, OR 97038
Property in Clackamas
Sold Oct 05, 2021
$575,000
$315,000 by United Wholesale Mortgage
Mortgage Due Nov 01, 2051
Sold Aug 08, 2018
$385,000
$308,000 by Academy Mortgage Corp
Mortgage Due Sep 01, 2048
690 Eric Drive has been categorized by the local assessors in Molalla, OR as a residential type of property. The building on the property was first built in 2012 and is 12 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 690 Eric Drive has 2,370 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 6,294 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Oct 1, 2017 for $575,000. That's $242.62 per sqft. Prior to that sales transaction, the property was also sold in Jul 31, 2018 for $385,000. 690 Eric Drive was last assessed in 2023. The total value of the property was assessed at $276,563. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,614. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior

Driveway

Driveway

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,294
  • Total Building Area: 2,370
  • Building Area: 2,370
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,370
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEXINGTON ESTATES NO 4
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBDIVISION LEXINGTON ESTATES NO 4 4098 LT 163

Ownership

  • Current Owner : EDWARDS MARIE
  • Previous Owner : WALCH BRIAN M
  • Previous Owner 2: WALCH JUNE
  • Owner Before Previous Owner: SANDBERG SHAWN
  • Owner Before Previous Owner 2: SANDBERG CARRIE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Molalla River School District 35
  • Census Tract: 023901

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 807-D7
  • Account Number: 05016614
  • Parcel: 05016614
  • Lot: 163
  • Meridian: SEC 05 TWN 5S RNG 2E
  • Municipality: MOLALLA
  • Latitude: 45.1589
  • Longitude: -122.584

    Address

  • Full Address: 690 Eric Dr
  • Address - House Number: 690
  • Address - Street Name: Eric
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Molalla
  • Carrier Code: R008
  • 4-Digit Zip Code: 5601
  • Zip Code: 97038

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,614
  • Tax Rate Code Area: 035-002

    Appraisal Valuation

  • Standard Deviation: 0.1573
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 614,593
  • High Value: 711,308
  • Low Value: 517,879

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $639,312
  • Market Land Value: $179,822
  • Market Improvement Value: $459,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $276,563

    Sales

  • Current Sale Contract Date: Oct 01, 2017
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11857791828
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-089993
  • Previous Sale Recording Date: Aug 08, 2018
  • Previous Sale Contract Date: Jul 31, 2018
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Aug 08, 2018
  • Previous Mortgage Loan Amount: $308,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2048

About Molalla



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Frequently Asked Questions

What neighborhood is 690 Eric Drive located in?
The 690 Eric Drive is a located in the neighborhood of Clackamas in Molalla, Molalla.
What is the average sales price for listings in 690 Eric Drive?
The average sales price for units in 690 Eric Drive is $0 currently.

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