See Home Value
$803,944*
House - Off Market

871 8TH ST

Lake Oswego, OR 97034
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1096 Sqft
$653,000 - $797,000
Reference Base Price*
10.89%
Since Apr 1, 2021
OR-Portland
Primary Model
Sold Apr 29, 2021
$786,000
$400,000 by Finance Of America Mortgage Ll
Mortgage Due May 01, 2051

About This Property

First time on the market in over 40+ years...beloved 1948 cottage framed by mature gardens; lives large with extensive windows bringing the outside in! Pride of ownership. Enjoy or remodel - solid construction - add out or up? Newer roof in 2014, new gutters in 2015, newer furnace & more; Coveted First Addition - the perfect condo alternative! Close access to the Village shops, restaurants & parks; award winning schools, private back yard w/possible alley parking or room for a garage!

The manager has listed the unit size as 1096 square feet.
Unit Size
1,096Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$662
Property Type
House
Property Taxes
$3,697
HOA Dues
-
Year Built
1948

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold to Lei Wang $786,000
Sold to Lei Wang
Mar 11, 2021 No longer available -
No longer available
Mar 4, 2021 Listed $725,000
Listed

Property Highlights

Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Exterior Walls Type: Other
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Total Building Area: 1,032
  • Building Area: 1,032
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Baseboard
  • Heated Square Feet: 1,032
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1ST ADD TO OSWEGO
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 29 1ST ADD TO OSWEGO LT 13 BLK 6

Ownership

  • Current Owner : WANG LEI
  • Previous Owner : FAGAN KATHRYN MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 656-F4
  • Account Number: 00195390
  • Parcel: 00195390
  • Block: 6
  • Lot: 13
  • Meridian: SEC 03 TWN 2S RNG 1E
  • Municipality: LAKE OSWEGO
  • Latitude: 45.426
  • Longitude: -122.671

    Address

  • Full Address: 871 8th St
  • Address - House Number: 871
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: OR
  • City Name: Lake Oswego
  • Carrier Code: C020
  • 4-Digit Zip Code: 2266
  • Zip Code: 97034

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,232
  • Tax Rate Code Area: 007-002

    Appraisal Valuation

  • Standard Deviation: 0.1558
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 80
  • Final Value: 841,017
  • High Value: 972,062
  • Low Value: 709,972

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $400,000
  • 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

    Market Valuation

  • Market Total Value: $663,776
  • Market Land Value: $459,776
  • Market Improvement Value: $204,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,356

    Sales

  • Current Sale Contract Date: Apr 27, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11832936437
  • Current Sale Price: $786,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-044016

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $400,000
  • 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

About Lake Oswego


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Frequently Asked Questions

When was property at 871 8th Street built and last sold?
The property at 871 8th Street was built in 1948 and last sold on Apr 27, 2021 for $786,000.
How much is this home worth?
The estimated value of the home located at 871 8th Street is $716,380.
What are some comparable homes to 871 8th Street?
There are currently no comparable homes to 871 8th Street.

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