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12987 Southwest Kostel Lane

12987 Southwest Kostel Lane, Portland, OR 97224
Sold Jul 06, 2020
Transfer
$455,265 by Newrez Llc
Mortgage Due Aug 01, 2050
Sold Feb 27, 2014
$385,000
$365,000 by Sterling Bank
Mortgage Due Mar 01, 2044
12987 Southwest Kostel Lane has been categorized by the local assessors in Portland, OR as a residential type of property. The building on the property was first built in 2005 and is 19 years old. However, we must point out that the home was most recently renovated and altered in 2016. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 12987 Southwest Kostel Lane has 3,452 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 432 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 5,663 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 attached garage for those who require parking. The garage measured 612 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. 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 wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Prior to that sales transaction, the property was also sold in Feb 26, 2014 for $385,000. 12987 Southwest Kostel Lane was last assessed in 2024. The total value of the property was assessed at $403,180. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,890. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2016
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Cover: Wood
  • Basement Type: Finished improved basement
  • Basement Area: 432
  • Garage Type: Attached
  • Garage Square Area: 612
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 4,064
  • Gross Building Area: 4,064
  • Building Area: 3,452
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,452
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUMMIT RIDGE NO.2
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: SUMMIT RIDGE NO.2, LOT 113, ACRES 0.13

Ownership

  • Current Owner : HERNANDEZ SAMUEL C
  • Current Owner 2: HERNANDEZ SHENG
  • Previous Owner : HERNANDEZ SAMUEL C
  • Owner Before Previous Owner: ZHOU JIANWEI
  • Owner Before Previous Owner 2: CHEN YINGYING
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Tigard-Tualatin School District 23J
  • Census Tract: 031916

Zoning

  • Zoning: R-7

Geography

  • District: 57
  • Parcel: R2133967
  • Lot: 113
  • Meridian: SEC 09 TWN 02S RNG 01W
  • Municipality: TIGARD
  • Latitude: 45.4092
  • Longitude: -122.81

    Address

  • Full Address: 12987 Sw Kostel Ln
  • Address - House Number: 12987
  • Street Direction: SW
  • Address - Street Name: Kostel
  • Address - Suffix Type: Ln
  • State: OR
  • City Name: Portland
  • Carrier Code: C015
  • 4-Digit Zip Code: 6124
  • Zip Code: 97224

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,890
  • Tax Rate Code Area: 023.74

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 89
  • Final Value: 844,571
  • High Value: 932,138
  • Low Value: 757,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $455,265
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Jul 06, 2020
  • First Open Lien Mortgage Loan Amount: $455,265
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $768,190
  • Market Land Value: $277,200
  • Market Improvement Value: $490,990

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,180

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 06, 2020
  • Current Sale Transaction ID: 11770935091
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2020-059797
  • Previous Sale Recording Date: Feb 27, 2014
  • Previous Sale Contract Date: Feb 26, 2014
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Jul 06, 2020
  • First Mortgage Loan Amount: $455,265
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: STERLING BANK
  • Previous Mortgage Transaction Date: Feb 27, 2014
  • Previous Mortgage Loan Amount: $365,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Bull Mountain



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Frequently Asked Questions

What neighborhood is 12987 Southwest Kostel Lane located in?
The 12987 Southwest Kostel Lane is a located in the neighborhood of Tigard Neighborhood Area 12 in Bull Mountain, Portland.
What is the average sales price for listings in 12987 Southwest Kostel Lane?
The average sales price for units in 12987 Southwest Kostel Lane is $0 currently.

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