This now-sold Aurora, Oregon home is located minutes from Wilsonville in the desirable Kasel Court neighborhood.
Quality throughout this stunning Aurora, Oregon mountain view property!
Features include Mt. Hood views, a roomy deck off the kitchen, charming master bedroom deck, central vacuum system, convenient 10×23 covered patio, laundry chute, separate & private 9×12 plumbed office with heat and air conditioning, plus much more.
This attractive home was sold by the Aurora, Oregon real estate specialists at Certified Realty.
For more information about buying or selling an Aurora, Oregon home, contact listing Realtors Bruce or Roy with Certified Realty at 503-682-1083, or use the convenient contact form below.
Information surrounding a recent real estate sale suggests one Aurora, Oregon property might someday be developed into a commercial marijuana growing operation.
Marion County tax records indicate a 96 acre property located at 24075 Klupenger Road NE sold on September 21, 2015 for $3,290,000. The purchaser of record for the longtime nursery property was Greenpoint Real Estate, LLC.
“…On April 1, 2015 GPO entered into a 15 year sub-lease near Aurora, Oregon for a 96 acre property to build out GLH’s cultivation and grow activities (the “Aurora Property”). This sublease was terminated on June 30, 2015, however, an option to purchase the property was acquired by GLH in consideration for 200,000 warrants exercisable at US $1.00 for a period for three years and 200,000 warrants exercisable at US$5.00 for a period of three years. The option to acquire the property was assigned to GLH’s wholly owned subsidiary, Greenpoint Real Estate, LLC and was exercised on September 28, 2015. The Aurora Property was acquired for a purchase price of US $3.3 million and was financed by (a) US $100,000 in cash from GLH; (b) US $1.5 million secured 9% promissory note, maturing on September 14, 2017; (b) US $1.7 million in 12% convertible debentures, convertible at US $1.00 and maturing on September 17, 2017…”
“…GLH plans on moving its head office to the Aurora Property and all processing facilities and cultivation will ultimately migrate to the new site. A project is under development to refurbish and expand the existing greenhouse facilities on this site. In the initial phase, 29,000 square feet will be developed for breeding, 18,000 square feet will be developed for cloning and 29,000 square feet has been developed for commercial production. In December 2015, it is anticipated that a further 108,000 square feet will be developed for commercial production subject to regulatory administrative approval…”
County records confirm a property sale earlier this year of venerable and valuable Aurora, Oregon acreage. Formerly owned by local charity Beyond the Reef Theological Center, the property is located just east of the Aurora State Airport at 22515 Airport Road NE, Aurora, Oregon.
A public records search indicates the sale involved two adjacent lots of 11.42 acres and 5.12 acres, closing in May, 2015. The selling price was $2,150,000 with the purchaser named as TLM Holdings, LLC. Ted Millar is named as a manager. Public records also indicate Ted Millar is involved with locally owned Southend Air Park and Westwood Development.
Approximate Property Location in Red
State corporation documents show the earliest registry date for the organization named Beyond the Reef Theological Center as February, 1977. Since that date, their Aurora location was used as a meeting place for the faith-based organization, which included housing and a worship center, Missionary Memorial Church.
Beyond the Reef Theological Center has underscored their calling as a non-profit organization based in Aurora, Oregon, with a mission for ministry to Micronesians who live in the Pacific Northwest and on Pacific islands.
Thinking of selling your Aurora, Oregon property? Contact our sponsor Certified Realty at 503-682-1083 for free information on what your property could sell for in today’s seller’s market.
New housing figures on our local real estate market were recently released. These stats include both hyper-local and also more regional numbers on things like area home prices, market time and inventory. This first report is from Ticor Title.
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A ‘Mixed Bag’
Certain Aurora, Oregon housing figures are mixed, depending on where you live around Aurora. This is because part of the 97002 zip code is located in Marion County and the other part is Clackamas County. This is also essentially where the Portland and Salem markets meet. Depending on where an Aurora home is located can affect school districts and commute times. The good news is that Aurora, Oregon home prices are up, no matter which metric is used.
Housing Inventory Housing inventory can help determine how fast and how high a real estate market climbs. With fewer homes for sale, prices typically rise. With just 1.7 months of home inventory, the Clackamas County inventory figures for Aurora suggest a continued distinctly ‘seller’s market’ in that area of Aurora.
Portland Metro Home Inventory – In Months
With 4.8 months of home inventory,the Marion County portion of Auroraremains within the normal range for a ‘balanced market,’ distinctly favoring neither buyers or sellers.
Attention Aurora, Oregon Home Sellers
Thinking of selling? Prices are up and the market is good. For a free report on your property’s current value, contact the Aurora, Oregon experts and our sponsor, Certified Realty, using the convenient form below.