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7500 Ridge Drive

7500 Ridge Drive, Gladstone, OR 97027
Property in Gladstone
Sold Oct 14, 2022
$549,900
$539,939 by Keybank National Association
Mortgage Due Nov 01, 2052
Sold Jul 01, 2002
$300,000
$200,000 by Fairway Commercial Mtg Corp
Mortgage Due Jul 01, 2007
Local assessors in Gladstone, OR have categorized 7500 Ridge Drive as a residential type of property. The home was built in 1975 and is 49 years old. The property's lot size has been calculated to be 8,395 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, 4 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. 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 7500 Ridge Drive has a total of 2,730 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,316 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 554 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 gable or 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, 7500 Ridge Drive sold most recently in Oct 10, 2022 for a total of $549,900. If you work out the math, that's approximately a cost of $201.43 per sqft. Before that, the property was also sold for $300,000 in Jun 27, 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 $6,154 in taxes each year. 7500 Ridge Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $305,963. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Exterior

Aluminum Siding

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,316
  • Garage Type: Garage
  • Garage Square Area: 554
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,395
  • Total Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REPLAT RIDGEWOOD #2
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2002 REPLAT RIDGEWOOD #2 LT 26 BLK 1

Ownership

  • Current Owner : RAINES SAMUEL K
  • Current Owner 2: CAVAGNORO BENJAMIN
  • Previous Owner : SHARER RODNEY R
  • Owner Before Previous Owner: KYLLO DENNIS J
  • Owner Before Previous Owner 2: BURKEY JAMES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Gladstone School District 115
  • Census Tract: 022101

Zoning

  • Zoning: R7.2

Geography

  • Assessors Map Reference: 687-F2
  • Account Number: 00507883
  • Parcel: 00507883
  • Block: 1
  • Lot: 26
  • Meridian: SEC 17 TWN 2S RNG 2E
  • Municipality: GLADSTONE
  • Latitude: 45.3922
  • Longitude: -122.58

    Address

  • Full Address: 7500 Ridge Dr
  • Address - House Number: 7500
  • Address - Street Name: Ridge
  • Address - Suffix Type: Dr
  • State: OR
  • City Name: Gladstone
  • Carrier Code: C006
  • 4-Digit Zip Code: 1433
  • Zip Code: 97027

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,154
  • Tax Rate Code Area: 115-040

    Appraisal Valuation

  • Standard Deviation: 0.1676
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 78
  • Final Value: 590,946
  • High Value: 690,030
  • Low Value: 491,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $539,939
  • First Open Lien Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Oct 14, 2022
  • First Open Lien Mortgage Loan Amount: $539,939
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $586,193
  • Market Land Value: $216,983
  • Market Improvement Value: $369,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,963

    Sales

  • Current Sale Contract Date: Oct 10, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Transaction ID: 11897228619
  • Current Sale Price: $549,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54951
  • Previous Sale Recording Date: Jul 01, 2002
  • Previous Sale Contract Date: Jun 27, 2002
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEYBANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Oct 14, 2022
  • First Mortgage Loan Amount: $539,939
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: FAIRWAY COMMERCIAL MTG CORP
  • Previous Mortgage Transaction Date: Jul 01, 2002
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Due Date: Jul 01, 2007

About Gladstone



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Frequently Asked Questions

What neighborhood is 7500 Ridge Drive located in?
The 7500 Ridge Drive is a located in the neighborhood of Gladstone in Gladstone, Gladstone.
What is the average sales price for listings in 7500 Ridge Drive?
The average sales price for units in 7500 Ridge Drive is $0 currently.

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