NOT LISTED FOR SALE

1416 Douglas St Forest Grove, OR 97116

Estimated Value: $425,000 - $540,000

4 Beds
2 Baths
1,800 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 30, 2012

Last sale price $212,000 $118 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $2,857/month

148 Days on Market

Highlights

  • Corner Lot
  • Views
  • Parking Storage or Cabinetry
  • Detached Garage
  • Landscaped with Trees
  • Washer and Dryer

About This Home

As of November 2012

Income-producing duplex near Pacific University and old town. Easy to rent in sought after neighborhood with potential to raise rents. Units sit on large corner lot with front and backyards, both of which are fenced. Newly remodeled with newer appliances.

Last Agent to Sell the Property

Steve Nassar

Premiere Property Group, LLC License #201202032 Listed on: 05/21/2012

Premiere Property Group, LLC

Last Buyer's Agent

Alana Walters

John L. Scott Market Center License #200609190

John L. Scott Market Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,167

Year Built

  • Built in 1948

Lot Details

  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Detached Garage
  • Carport
  • Parking Storage or Cabinetry

Utilities

  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,167

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1800
  • Stories: 2
  • Year Built: 1948
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SOUTH PARK ADDITION TO FOREST GROVE, BLOCK 12, LOT 1
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Shingle
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Description: Carport, Detached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Joseph Gale
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Corner, Level, Trees
  • Zoning: R-5

Tax Info

  • Tax Amount: 1781.04
  • Assessor Parcel Number: R0426943

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.42

MLS Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2012
Closed on
Nov 29, 2012
Sold by
Goff Randall P and Goff Sherrie K
Bought by
Tremblay Michele
Seller's Agent
Steve Nassar
Premiere Property Group, LLC
Buyer's Agent
Alana Walters
John L. Scott Market Center
List Price
$219,000
Sold Price
$212,000
Premium/Discount to List
-$7,000
-3.2%
Current Estimated Value
$489,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,100
Avg. Annual Appreciation
6.76%
Original Mortgage
$169,600
Outstanding Balance
$119,367
Interest Rate
3.33%
Mortgage Type
New Conventional
Estimated Equity
$371,815

Purchase Details

Closed on
Aug 21, 2002
Sold by
Johannes Elizabeth A
Bought by
Morrison Chris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,300
Interest Rate
6.62%
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
Tremblay Michele $212,000 Lawyers Title
Morrison Chris $157,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tremblay Michele $169,600
Previous Owner Morrison Chris $126,300
Closed Morrison Chris $31,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $212,000 -3.2% $118 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
05/21/2012 05/21/12 For Sale $219,000 -- $122 / 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 $3,167 $172,670 -- --
2024 $3,055 $167,650 -- --
2023 $3,055 $162,770 $0 $0
2022 $2,672 $162,770 $0 $0
2021 $2,637 $153,430 $0 $0
2020 $2,623 $148,970 $0 $0
2019 $2,565 $144,640 $0 $0
2018 $2,486 $140,430 $0 $0
2017 $2,409 $136,340 $0 $0
2016 $2,341 $132,370 $0 $0
2015 $2,251 $128,520 $0 $0
2014 $2,241 $124,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12643541

Regional Multiple Listing Service (RMLS)

APN: R0426943