NOT LISTED FOR SALE

1261 S Ivy St Cornelius, OR 97113

Estimated Value: $743,154 - $814,000

7 Beds
4 Baths
3,311 Sq Ft
$233/Sq Ft Est. Value

Last Sold August 11, 2021

Last sale price $695,000 $210 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,733/month

3 Days on Market

Highlights

  • Storage
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of August 2021

Well maintained tri-plex in the heart of Cornelius! Long term month to month tenants in two units. Recent updates include completely new roof replacement in 2018, recent dryer duct cleaning, dryer duct line replacement, new seismic valves on gas lines, two new stoves, one new refrigerator and new attic fans installed in attic for cooling and humidity control. Contact listing broker for additional information regarding rents. Great investment opportunity!

Last Listed By

Steve Rosling

Cascade Hasson Sotheby's International Realty License #200012058 Listed on: 06/18/2021

Cascade Hasson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,188

Year Built

  • Built in 1975

Lot Details

  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Crawl Space
  • Range

Parking

  • Carport
  • Assigned Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,188

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3311
  • Stories: 1
  • Year Built: 1975
  • Property Condition: Existing
  • Remarks Public: Well maintained tri-plex in the heart of Cornelius! Long term month to month tenants in two units. Recent updates include completely new roof replacement in 2018, recent dryer duct cleaning, dryer duct line replacement, new seismic valves on gas lines, two new stoves, one new refrigerator and new attic fans installed in attic for cooling and humidity control. Contact listing broker for additional information regarding rents. Great investment opportunity!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.26
  • Basement: Crawl Space
  • Storage: Attached, Locked

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Road Surface: Concrete, Paved

Garage/Parking

  • Parking Description: Assigned, Carport

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Range, Refrigerator, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Echo Shaw
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Level
  • Zoning: A2

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Amount: 4132.26
  • Assessor Parcel Number: R0412690
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.95

MLS Schools

  • Elementary School: Echo Shaw
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2022
Sold by
Rosalee Gamel
Bought by
Ceg Living Trust
Total Days on Market
3
Current Estimated Value
$772,039

Purchase Details

Listed on
Jun 18, 2021
Closed on
Aug 6, 2021
Sold by
Camp Tracy and Camp Emily
Bought by
Gamel Rosalee
Seller's Agent
Steve Rosling
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Tom Abalan
Keller Williams Sunset Corridor
List Price
$670,000
Sold Price
$695,000
Premium/Discount to List
$25,000
3.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2018
Closed on
Nov 2, 2018
Sold by
Ineson Brenda K
Bought by
Camp Tracy and Camp Emlly
Seller's Agent
Patty Schmitz-Thursam
John L. Scott Market Center
Buyer's Agent
Steve Rosling
Cascade Hasson Sotheby's International Realty
List Price
$575,000
Sold Price
$577,500
Premium/Discount to List
$2,500
0.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$387,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 24, 2017
Sold by
Ineson Brenda K
Bought by
Ineson Brenda K and Russell Family Trust

Purchase Details

Closed on
Jul 1, 1997
Sold by
Russell W K and Russell M
Bought by
Russell Resources Llc

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ceg Living Trust -- None Listed On Document
Gamel Rosalee $695,000 Wfg Title
Camp Tracy $577,500 First American Title
Ineson Brenda K -- None Available
Ineson Brenda K -- None Available
Russell Resources Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gamel Rosalee $434,000
Previous Owner Camp Tracy $387,500
Previous Owner Camp Tracy $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2021 08/11/21 Sold $695,000 +3.7% $210 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $670,000 +16.0% $202 / Sq Ft
11/21/2018 11/21/18 Sold $577,500 +0.4% $174 / Sq Ft
10/24/2018 10/24/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $575,000 -- $174 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,188 $289,900 -- --
2024 $4,738 $281,460 -- --
2023 $4,738 $273,270 $0 $0
2022 $4,198 $273,270 $0 $0
2021 $4,148 $257,600 $0 $0
2020 $4,132 $250,100 $0 $0
2019 $4,042 $242,820 $0 $0
2018 $3,918 $235,750 $0 $0
2017 $3,796 $228,890 $0 $0
2016 $3,690 $222,230 $0 $0
2015 $3,472 $215,760 $0 $0
2014 $3,352 $209,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Rosling

    Seller's Agent in 2021

    Steve Rosling

    Cascade Hasson Sotheby's International Realty

    (503) 537-4925

    70 Total Sales

    Steve Rosling
    Section Image
  • Tom Abalan

    Buyer's Agent in 2021

    Tom Abalan

    Keller Williams Sunset Corridor

    (503) 939-7002

    31 Total Sales

    Tom Abalan
    Section Image
  • Patty Schmitz-Thursam

    Seller's Agent in 2018

    Patty Schmitz-Thursam

    John L. Scott Market Center

    (503) 997-6868

    145 Total Sales

    Patty Schmitz-Thursam
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21230700

Regional Multiple Listing Service (RMLS)

APN: R0412690

Oregon Washington County Cornelius 97113

1261 S Ivy St, Cornelius, OR

Homes for Sale in Cornelius, OR

This home is located at 1261 S Ivy St, Cornelius, OR 97113 since 18 June 2021 and is currently estimated at $772,039, approximately $233 per square foot. This property was built in 1975. 1261 S Ivy St is a home located in Washington County with nearby schools including Echo Shaw Elementary School, Neil Armstrong Middle School, and Tom McCall Upper Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes