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88469 Ridiculous Road

88469 Ridiculous Road, Veneta, OR 97487
Property in Lane
Sold Jan 18, 2022
$525,000
Buyer
$498,750 by Everett Financial Inc
Mortgage Due Feb 01, 2052
Sold Jan 18, 2022
$525,000
$498,750 by Everett Financial Inc
Mortgage Due Feb 01, 2052
88469 Ridiculous Road has been categorized by the local assessors in Veneta, OR as a residential type of property. The building on the property was first built in 1991 and is 33 years old. However, we must point out that the home was most recently renovated and altered in 1994. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 88469 Ridiculous Road has 2,250 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 217,800 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. For the features and amenities located on the property. There is a open garage for those who require parking. The garage measured 300 sqft. According to our sources, there are a total of 3 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. 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 composition shingle. The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 88469 Ridiculous Road sold most recently in Jan 14, 2022 for a total of $525,000. If you work out the math, that's approximately a cost of $233.33 per sqft. Before that, the property was also sold for $525,000 in Jan 13, 2022. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $5,171 in taxes each year. 88469 Ridiculous Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $388,245. 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. 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. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C+
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Open
  • Garage Square Area: 300
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 2,250
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 2,250
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TL 01501

Ownership

  • Current Owner : LAMIE RON
  • Previous Owner : BURGESS STUART
  • Owner Before Previous Owner: STUART BURGESS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fern Ridge School District 28J
  • Census Tract: 000902

Zoning

  • Zoning: E40

Geography

  • Assessors Map Reference: 1706270001501
  • Account Number: 1267556
  • Parcel: 1267556
  • Lot: 1501
  • Meridian: SEC 27 TWN 17 RNG 06
  • Municipality: FERN RIDGE
  • Latitude: 44.0576
  • Longitude: -123.397

    Address

  • Full Address: 88469 Ridiculous Rd
  • Address - House Number: 88469
  • Address - Street Name: Ridiculous
  • Address - Suffix Type: Rd
  • State: OR
  • City Name: Veneta
  • Carrier Code: R001
  • 4-Digit Zip Code: 9458
  • Zip Code: 97487

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,171
  • Tax Rate Code Area: 02817

    Appraisal Valuation

  • Standard Deviation: 0.1447
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 82
  • Final Value: 592,553
  • High Value: 678,304
  • Low Value: 506,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $498,750
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $498,750
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $610,975
  • Market Land Value: $230,138
  • Market Improvement Value: $380,837

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $388,245

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11916663794
  • Current Sale Price: $525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022-002533
  • Previous Sale Recording Date: Jan 18, 2022
  • Previous Sale Contract Date: Jan 13, 2022
  • Previous Sale Amount: $525,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $498,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Jan 18, 2022
  • Previous Mortgage Loan Amount: $498,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2052

About Lane



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 88469 Ridiculous Road located in?
The 88469 Ridiculous Road is a located in the neighborhood of Lane in Lane, Veneta.
What is the average sales price for listings in 88469 Ridiculous Road?
The average sales price for units in 88469 Ridiculous Road is $0 currently.

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