See Home Value
$828,301*
House - Off Market

7533 SW Red Cedar WAY

Portland, OR 97223
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2885 Sqft
$688,000 - $840,000
Reference Base Price*
8.29%
Since May 1, 2021
OR-Portland
Primary Model
Sold Apr 30, 2021
$764,900
$548,000 by Summit Mortgage Corp
Mortgage Due May 01, 2051

About This Property

7 New homes being built by 2019 HBA builder of the year...JT Smith companies. This Home will be finished March 25th.** Note: The front elevation and interior photos are displayed from similar houses and finishes by builder in other projects until these are complete.Also, the link under virtual is also to properties that JT Smith has built in other areas.

The manager has listed the unit size as 2885 square feet.
Unit Size
2,885Ft²
Days on Market
-
Land Size
-
Price per sqft
$265
Property Type
House
Property Taxes
$8,000
HOA Dues
-
Year Built
2020

Price History

Date / Event Date Event Price
Apr 30, 2021 Sold to Christa Bracale, David Alan... $764,900
Sold to Christa Bracale, David Alan...
Apr 2, 2021 No longer available -
No longer available
Jan 7, 2021 Relisted $764,900
Relisted
Jan 2, 2021 No longer available -
No longer available
Oct 11, 2020 Relisted $734,900
Relisted
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,356
  • Total Building Area: 2,921
  • Gross Building Area: 2,921
  • Building Area: 2,921
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,921
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RED CEDAR ESTATES
  • Land Acres: 0.1
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: RED CEDAR ESTATES, LOT 3, ACRES 0.1

Ownership

  • Current Owner : BRACALE CHRISTA
  • Current Owner 2: YOUNG DAVID ALAN
  • Previous Owner : LFII 74 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Tigard-Tualatin School District 23J
  • Census Tract: 030600

Zoning

  • Zoning: R-4.5

Geography

  • District: 57
  • Parcel: R2214068
  • Lot: 3
  • Meridian: SEC 25 TWN 01S RNG 01W
  • Municipality: TIGARD
  • Latitude: 45.4488
  • Longitude: -122.754

    Address

  • Full Address: 7533 Sw Red Cedar Way
  • Address - House Number: 7533
  • Street Direction: SW
  • Address - Street Name: Red Cedar
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Portland
  • Carrier Code: C061
  • 4-Digit Zip Code: 1036
  • Zip Code: 97223

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,472
  • Tax Rate Code Area: 023.81

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 89
  • Final Value: 784,553
  • High Value: 865,896
  • Low Value: 703,209

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $611,500
  • First Open Lien Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 30, 2021
  • First Open Lien Mortgage Loan Amount: $548,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: ALASKA USA FCU
  • Second Open Lien Mortgage Recording Date: Apr 30, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $63,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $751,240
  • Market Land Value: $262,970
  • Market Improvement Value: $488,270

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $434,210

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 30, 2021
  • Current Sale Transaction ID: 11833311943
  • Current Sale Price: $764,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-052485

    Last Sale Mortgage

  • First Mortgage Lender: SUMMIT MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 30, 2021
  • First Mortgage Loan Amount: $548,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
2,936 ft²
$272/ft²
$799,900 Oct 12, 2023
-
$569/mo
House
4 Beds
3.5 Baths
2,715 ft²
$273/ft²
$740,000 Sep 14, 2023
-
$524/mo
House
4 Beds
2.5 Baths
2,600 ft²
$240/ft²
$625,000 Sep 20, 2023
-
$703/mo
House
4 Beds
2 Baths
2,048 ft²
$308/ft²
$630,000 Oct 12, 2023
-
$442/mo
House
3 Beds
2.5 Baths
1,668 ft²
$375/ft²
$625,000 Oct 12, 2023
-
$435/mo

About Metzger


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Frequently Asked Questions

When was property at 7533 Southwest Red Cedar Way built and last sold?
The property at 7533 Southwest Red Cedar Way was built in 2020 and last sold on Apr 21, 2021 for $764,900.
How much is this home worth?
The estimated value of the home located at 7533 Southwest Red Cedar Way is $772,549.
What are some comparable homes to 7533 Southwest Red Cedar Way?
There are currently no comparable homes to 7533 Southwest Red Cedar Way.

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