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735 7th Street

735 7th Street, Lake Oswego, OR 97034
Property in Evergreen
Sold Jul 07, 2023
$2,105,000
$250,000 by United Wholesale Mortgage Llc
Mortgage Due Aug 01, 2053
Sold Mar 28, 2022
$1,900,000
735 7th Street has been categorized by the local assessors in Lake Oswego, 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 one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 735 7th Street has 3,073 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 7,200 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of concrete block. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 735 7th Street was last sold in Jul 5, 2023 for $2,105,000. According to our calculations, that's $685.00 per sqft. Prior to that sales transaction, the property was sold for $1,900,000 in Mar 28, 2022. Current property owners are expected to pay $18,189 in taxes per year. The property on 735 7th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $947,046. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Cedar Siding

Driveway

Driveway

Parking

On-Street 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: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 3,073
  • Building Area: 3,073
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,073
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST ADD TO OSWEGO
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 29 1ST ADD TO OSWEGO PT LTS 11&12 BLK 17

Ownership

  • Current Owner : M AND S REVOCABLE TRUST
  • Current Owner 2: HILL
  • Previous Owner : KOMAR REVOCABLE TRUST
  • Owner Before Previous Owner: FALLOW ROBERT R
  • Owner Before Previous Owner 2: REVOC SALLY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Lake Oswego School District 7J
  • Census Tract: 020102

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 656-F5
  • Account Number: 00195577
  • Parcel: 00195577
  • Block: 17
  • Lot: 11,12
  • Meridian: SEC 03 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.4244
  • Longitude: -122.67

    Address

  • Full Address: 735 7th St
  • Address - House Number: 735
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C020
  • 4-Digit Zip Code: 2209
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $18,189
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.0616
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 97
  • Final Value: 2,107,574
  • High Value: 2,237,443
  • Low Value: 1,977,704

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jul 07, 2023
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $1,682,837
  • Market Land Value: $521,707
  • Market Improvement Value: $1,161,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $947,046

    Sales

  • Current Sale Contract Date: Jul 05, 2023
  • Current Sale Recording Date: Jul 07, 2023
  • Current Sale Transaction ID: 11908987616
  • Current Sale Price: $2,105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24174
  • Previous Sale Recording Date: Mar 28, 2022
  • Previous Sale Contract Date: Mar 28, 2022
  • Previous Sale Amount: $1,900,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jul 07, 2023
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

About Lake Oswego



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Frequently Asked Questions

What neighborhood is 735 7th Street located in?
The 735 7th Street is a located in the neighborhood of Evergreen in Lake Oswego, Lake Oswego.
What is the average sales price for listings in 735 7th Street?
The average sales price for units in 735 7th Street is $0 currently.

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