$2,200,000
705 Terrace Dr
Lake Oswego, OR 97034 (McVey - South Shore)
Off Market · Sold on Jul 11, 2017
$2,200,000

705 Terrace Dr Lake Oswego, OR 97034

(McVey - South Shore)
  • 4 beds
  • 3.5 baths
  • 3,623 sqft
  • 0.55 acres lot size
  • Single-Family Home
  • See the local terrain and how close this home is to parks and main streets.

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  • Take a virtual walk around the neighborhood.

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  • Lowest crime relative to the rest of Clackamas county.

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  • 42 Elementary Schools

    21 Middle Schools

    22 High Schools

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Property Details for 705 Terrace Dr


Description provided by Trulia
This Single-Family Home located at 705 Terrace Drive, Lake Oswego, OR sold for $2,200,000on Jul 11, 2017. 705 Terrace Dr has 4 beds, 3 ½ baths, and approximately 3,623 square feet. The property has a lot size of 0.55 acres and was built in 1954. 705 Terrace Dr is in the McVey - South Shore neighborhood in Lake Oswego, OR.

705 Terrace Dr Public Records


Official property, sales, and tax information from county (public) records as of 10/2016:
    • Single Family Residential
    • 1 Partial Bathroom
    • Built In 1954
    • Exterior Walls: Other
    • Foundation: Concrete
    • Tax Rate Code Area: 007-002
    • 4 Bedrooms
    • 3,623 sqft
    • Stories: 1 story with basement
    • Roof: Wood Shake/ Shingles
    • Fireplace
    • 3 Bathrooms
    • Lot Size: 0.55 acres
    • Heating: Hot Water
    • Basement: Improved Basement (Finished)
    • County: Clackamas
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Additional Costs For 705 Terrace Dr


Property Taxes and Assessment of 705 Terrace Dr


Land
Improvement
Total
$1,191,139
+
$863,620
=
$2,054,759
Year Tax Assessment Market
2016 $23,940 $1,424,069  $2,054,759 
Source: Public Records

Price History & Trends


Price History for 705 Terrace Dr


Date Event Price Source Agents
07/11/2017 Sold view detail $2,200,000 Public records Public records  
  • Recording Date
    07/11/2017
  • Contract Date
    07/07/2017
  • Sale Price
    $2,200,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
06/04/2014 Sold view detail $1,700,000 Public records Public records  
  • Recording Date
    06/04/2014
  • Contract Date
    06/02/2014
  • Sale Price
    $1,700,000
  • Price Type
    Full amount stated on Document.
  • City Transfer Tax
    $0
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Warranty Deed

Real Estate Trends in this area

Median sale price for all homes in this area $668,950 70% below sale price

Sold Homes near 705 Terrace Dr


Address Distance Property Type Sold price Sold date Bed Bath Sqft
4250 Upper Dr, Lake Oswego OR 1.76 Single-Family Home $1,570,000 04/14/17 3 1.5 2,877
13050 Fielding Rd, Lake Oswego OR 2.06 Single-Family Home $1,765,000 01/06/17 4 5 4,704
12742 Fielding Rd, Lake Oswego OR 2.21 Single-Family Home $2,060,000 10/27/16 4 2.5 3,453
13959 Fosberg Rd, Lake Oswego OR 2.08 Single-Family Home $1,543,440 01/23/17 3 5 4,864
1125 Maple St, Lake Oswego OR 0.60 Single-Family Home $1,875,000 12/22/16 4 3.5 5,105
3516 SW Gale Ave, Portland OR 6.04 Single-Family Home $1,650,000 07/13/17 5 3 5,235
1632 SW Corbett Hill Cir, Portland OR 2.14 Single-Family Home $1,618,000 05/25/17 4 4 5,622
25610 SW Petes Mountain Rd, West Linn OR 5.47 Single-Family Home $2,120,000 07/07/17 3 1 10,725
17437 Canal Cir, Lake Oswego OR 1.64 Single-Family Home $1,506,000 04/25/17 4 2 2,690
18000 Eastridge Ln, Lake Oswego OR 1.51 Single-Family Home $1,700,000 05/31/17 2 3 4,430