NOT LISTED FOR SALE

1396 S Ivy St Cornelius, OR 97113

Estimated Value: $715,000 - $993,000

6 Beds
3 Baths
3,264 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 23, 2015

Last sale price $293,000 $90 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $4,953/month

445 Days on Market

Highlights

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

About This Home

As of March 2015

This property is one tax lot with two garden style duplexes. Each building has a mix of 4 two bedroom and one 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 & 1318 Ivy. Seller to show units with accepted offer.

Last Listed By

Bernard Gehret

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

Joseph Bernard LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,181

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Level Lot

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,181

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3264
  • Stories: 1
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ELMYRA, LOT 9 & PT 8, ACRES .28

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, 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: 3233.19
  • Assessor Parcel Number: R0412627

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 9.55

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
Apr 20, 2021
Sold by
Agarwal Sharat C
Bought by
Shubham Properties Llc
Total Days on Market
445
Current Estimated Value
$815,491

Purchase Details

Closed on
Jan 22, 2021
Sold by
Shubham Properties Llc
Bought by
Agarwal Sharat C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,100
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 4, 2013
Closed on
Apr 21, 2015
Sold by
Agarwal Sharat Chandra and Agarwal Chhavi
Bought by
Shubham Properties Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Tim Marshall
RE/MAX Equity Group
List Price
$325,000
Sold Price
$293,000
Premium/Discount to List
-$32,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$219,700
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2013
Closed on
Mar 20, 2015
Sold by
Tomasello Thomas D and Brophy Dennis B
Bought by
Agarwal Sharat Chandra and Agarwal Chhavi
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Tim Marshall
RE/MAX Equity Group
List Price
$325,000
Sold Price
$293,000
Premium/Discount to List
-$32,000
-9.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,700
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 1995
Sold by
Neithammer Robert E and Neithammer Lynda
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
$126,900
Interest Rate
9.2%

Range of Values:

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Average Value
Not Available
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
Shubham Properties Llc -- Chicago Title
Agarwal Sharat C -- Chicago Title Company Of Or
Shubham Properties Llc -- None Available
Agarwal Sharat Chandra $293,000 Wfg Title
Brophy Dennis B $169,290 Oregon Title Insurance Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Agarwal Sharat C $205,100
Previous Owner Agarwal Sharat Chandra $219,700
Previous Owner Brophy Dennis B $126,900
Closed Brophy Dennis B $25,393
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $293,000 -9.8% $90 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
11/04/2013 11/04/13 For Sale $325,000 -- $100 / 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 $5,181 $289,540 -- --
2024 $4,732 $281,110 -- --
2023 $4,732 $272,930 $0 $0
2022 $4,192 $272,930 $0 $0
2021 $4,143 $257,280 $0 $0
2020 $4,127 $249,790 $0 $0
2019 $4,037 $242,520 $0 $0
2018 $3,913 $235,460 $0 $0
2017 $3,792 $228,610 $0 $0
2016 $3,685 $221,960 $0 $0
2015 $3,468 $215,500 $0 $0
2014 $3,348 $209,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bernard Gehret

    Seller's Agent in 2015

    Bernard Gehret

    Joseph Bernard LLC

    (503) 546-9390

    12 Total Sales

    Section Image

  • T

    Buyer's Agent in 2015

    Tim Marshall

    RE/MAX

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13663415

Regional Multiple Listing Service (RMLS)

APN: R0412627

Oregon Washington County Cornelius 97113

1396 S Ivy St, Cornelius, OR

Homes for Sale in Cornelius, OR

This home is located at 1396 S Ivy St, Cornelius, OR 97113 since 04 November 2013 and is currently estimated at $815,491, approximately $249 per square foot. This property was built in 1967. 1396 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.

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