NOT LISTED FOR SALE

1318 S Ivy St Cornelius, OR 97113

Estimated Value: $651,000 - $799,362

10 Beds
6 Baths
3,680 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 31, 2014

Last sale price $316,500 $86 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $4,411/month

329 Days on Market

Highlights

  • Cul-De-Sac
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of October 2014

This property is one tax lot with two garden style duplexes. Each building has a mix of 2 two bedroom and one bathroom units and 2 three bedroom and two bathroom units. The property features a carport for each unit, a strong rental history and is located near downtown Cornelius for easy access to shops and bus lines. The two adjacent properties are also for sale; see 1358 Ivy & 1396 Ivy. Seller to show units with accepted offer.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 11/04/2013

Joseph Bernard LLC

Last Buyer's Agent

Josie Fritz

John L. Scott Market Center License #201204393

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,510

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,510

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3680
  • Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ELMYRA, LOT 6 & PT 7, ACRES .30

Exterior Features

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

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: A2

Tax Info

  • Tax Amount: 3428.05
  • Assessor Parcel Number: R0412609

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 8.73

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2013
Closed on
Nov 4, 2014
Sold by
Goff Rodney L and Goff Lois J
Bought by
Goff Rodney L and Goff Lois J
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Josie Fritz
John L. Scott Market Center
List Price
$325,000
Sold Price
$316,500
Premium/Discount to List
-$8,500
-2.62%
Current Estimated Value
$745,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$428,841
Avg. Annual Appreciation
8.15%
Original Mortgage
$237,375
Outstanding Balance
$183,169
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$562,172

Purchase Details

Listed on
Nov 4, 2013
Closed on
Oct 31, 2014
Sold by
Tomasello Brophy General Partnership
Bought by
Goff Rodney L and Goff Lois J
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Josie Fritz
John L. Scott Market Center
List Price
$325,000
Sold Price
$316,500
Premium/Discount to List
-$8,500
-2.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,375
Outstanding Balance
$183,169
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$562,172

Purchase Details

Closed on
Aug 18, 2003
Sold by
Brophy Dennis B and Tomasello Thomas D
Bought by
Tomasello Thomas D and Brophy Dennis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 1995
Sold by
Vdf Corp
Bought by
Brophy Dennis B and Tomasello Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,300
Interest Rate
9.2%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Goff Rodney L -- None Available
Goff Rodney L $316,500 First American
Tomasello Brophy General Partnership -- First American
Tomasello Thomas D -- Chicago Title Insurance Comp
Brophy Dennis B $185,790 Oregon Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goff Rodney L $237,375
Previous Owner Tomasello Thomas D $228,000
Previous Owner Brophy Dennis B $139,300
Closed Brophy Dennis B $27,868
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2014 10/31/14 Sold $316,500 -2.6% $86 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
11/04/2013 11/04/13 For Sale $325,000 -- $88 / 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 $5,510 $307,920 -- --
2024 $5,032 $298,960 -- --
2023 $5,032 $290,260 $0 $0
2022 $4,459 $290,260 $0 $0
2021 $4,406 $273,610 $0 $0
2020 $4,389 $265,650 $0 $0
2019 $4,293 $257,920 $0 $0
2018 $4,161 $250,410 $0 $0
2017 $4,032 $243,120 $0 $0
2016 $3,919 $236,040 $0 $0
2015 $3,688 $229,170 $0 $0
2014 $3,560 $222,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bernard Gehret

    Joseph Bernard LLC

    Section Image

  • J

    Buyer's Agent in 2014

    Josie Fritz

    John L. Scott Market Center

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13364075

Regional Multiple Listing Service (RMLS)

APN: R0412609

Oregon Washington County Cornelius 97113

1318 S Ivy St, Cornelius, OR

This home is located at 1318 S Ivy St, Cornelius, OR 97113 since 04 November 2013 and is currently estimated at $745,341, approximately $202 per square foot. This property was built in 1967. 1318 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.

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