NOT LISTED FOR SALE

1432 Falcon Loop Independence, OR 97351

Estimated Value: $505,820 - $668,000

8 Beds
6 Baths
2,453 Sq Ft
$236/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $609,000 $248 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,667/month

54 Days on Market

Highlights

  • Territorial View
  • Forced Air Heating and Cooling System
  • Level Lot
  • 2 Car Attached Garage

About This Home

As of September 2023

RARE & SPACIOUS 4 bdrm, 2 1/2 bath EACH SIDE Townhouse Style DUPLEX in a quiet Independence neighborhood. Open floor plan with an eating bar in the kitchen plus dining area and a gas fireplace in the living room. Vaulted primary bedroom. Each side has 4 bedrooms, 2 1/2 baths with a single garage. Spacious backyards and no rear neighbors make this a highly desirable rental and/or owner-occupied. Please do not disturb renters.

Last Listed By

Becca Lyons

MORE Realty License #780300131 Listed on: 06/03/2023

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,113

Year Built

  • Built in 2004

Lot Details

  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Territorial Views
  • Crawl Space

Schools

  • Independence Elementary School
  • Talmadge Middle School
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 565320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,113

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2004
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: Yes
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Independence
  • High School: Central
  • Middle Or Junior School: Talmadge

Lot Info

  • Zoning: RH
  • Parcel #: 565320

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5112.95

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Sep 5, 2023
Sold by
Hardman Ryan Lee and Hardman Leandra Victoria
Bought by
1432 Falcon Loop Llc
Seller's Agent
Becca Lyons
MORE Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$649,900
Sold Price
$609,000
Premium/Discount to List
-$40,900
-6.29%
Total Days on Market
54
Views
201
Current Estimated Value
$579,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,295
Avg. Annual Appreciation
-2.09%

Purchase Details

Closed on
Jul 28, 2021
Sold by
Ding Yiting
Bought by
Hardman Ryan Lee and Hardman Leandra Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2015
Sold by
Makalea Tinitale and Makalea April
Bought by
Ding Yiting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2004
Sold by
Ashcreek Subdivision Llc
Bought by
Makalea Tinitale and Makalea April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
6%
Mortgage Type
Unknown

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
1432 Falcon Loop Llc -- Amerititle
Hardman Ryan Lee $465,000 First American
Ding Yiting $225,000 Fidelity Natl Title Co Of Or
Makalea Tinitale $228,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardman Ryan Lee $372,000
Previous Owner Ding Yiting $157,500
Previous Owner Makalea Tinitale $182,400
Closed Makalea Tinitale $45,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $609,000 -0.1% $248 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $609,900 -4.7% $249 / Sq Ft
07/12/2023 07/12/23 Price Changed $639,900 -1.5% $261 / Sq Ft
06/03/2023 06/03/23 For Sale $649,900 -- $265 / 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 $5,430 $308,800 $56,740 $252,060
2024 $5,430 $299,810 $55,090 $244,720
2023 $5,569 $291,080 $53,480 $237,600
2022 $5,113 $282,610 $51,930 $230,680
2021 $5,056 $274,380 $50,420 $223,960
2020 $4,924 $266,390 $48,950 $217,440
2019 $4,796 $258,640 $47,530 $211,110
2018 $4,643 $251,110 $46,150 $204,960
2017 $4,618 $243,800 $44,800 $199,000
2016 $4,678 $236,700 $43,490 $193,210
2015 -- $224,630 $41,000 $183,630
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23306755

Regional Multiple Listing Service (RMLS)

APN: 565320