NOT LISTED FOR SALE

1537 Tara Ct Forest Grove, OR 97116

Estimated Value: $700,000 - $822,000

4 Beds
3 Baths
4,946 Sq Ft
$158/Sq Ft Est. Value

Last Sold January 19, 2017

Last sale price $300,000 $61 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $4,982/month

5 Days on Market

Highlights

  • RV Access or Parking
  • Wood Siding
  • 1-Story Property
  • Heating unit installed on the ceiling

About This Home

As of January 2017

DO NOT DISTURB TENANTS. OFFER SUBJECT TO INSPECTION. Great daylight basement style single level duplex in a residential neighborhood. Perfect for investment or owner occupant.

Last Listed By

Jim Lutz

PPG Commercial, LLC License #820600096 Listed on: 11/16/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,093

Year Built

  • Built in 1968

Lot Details

  • Sloped Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 4,946 Sq Ft Home
  • 1-Story Property
  • Natural lighting in basement

Parking

  • Open Parking
  • RV Access or Parking

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R782246

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $9,989
  • Gross Income $25,500
  • Net Operating Income $14,746

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,093

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1968
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Daylight
  • Storage: Basement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Sloped
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, RVAccessParking
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Lot Info

  • Zoning: R-7
  • Parcel #: R782246

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4092.85

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.67
  • Annual Gross Income: 25500.0
  • Property Net Operating Income: 14746.0
  • Annual Operating Expense: 9989.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2023
Sold by
Ende Shan
Bought by
Ende Shan And Kyi Shan Living Trust
Total Days on Market
5
Current Estimated Value
$781,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$620,921
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$160,864

Purchase Details

Closed on
Apr 20, 2023
Sold by
Kaiserman Elon S
Bought by
Kaiserman And Kellogg Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$620,921
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$160,864

Purchase Details

Closed on
Apr 18, 2023
Sold by
Arctutus Group Llc
Bought by
Quiet Sky Farm Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$620,921
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$160,864

Purchase Details

Closed on
Apr 17, 2023
Sold by
Bannon Laurie E
Bought by
Laurie Bannon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$620,921
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$160,864

Purchase Details

Closed on
Mar 22, 2023
Sold by
Pacific Lifestyle Homes Inc
Bought by
Alec Goldstein And Diana Lin Goldstein Living

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$638,226
Outstanding Balance
$620,921
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$160,864

Purchase Details

Listed on
Nov 16, 2016
Closed on
Jan 14, 2017
Sold by
Tate Family Limited Partnership
Bought by
6Th Holding Llc
Seller's Agent
Jim Lutz
PPG Commercial, LLC
Buyer's Agent
Sarita Dua
Keller Williams Sunset Corridor
List Price
$297,500
Sold Price
$300,000
Premium/Discount to List
$2,500
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$250,000
Interest Rate
4.13%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 13, 2002
Sold by
Brodersen Frank C and Brodersen Joan I
Bought by
Brodersen Frank C and Brodersen Joan I

Purchase Details

Closed on
Dec 11, 1998
Sold by
Tate Jean B
Bought by
The Tate Family Ltd Partnership

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
Ende Shan And Kyi Shan Living Trust -- None Listed On Document
Kaiserman And Kellogg Revocable Living Trust -- None Listed On Document
Quiet Sky Farm Family Trust -- None Listed On Document
Laurie Bannon Revocable Trust -- None Listed On Document
Alec Goldstein And Diana Lin Goldstein Living $705,950 First American Title
6Th Holding Llc $300,000 Ticor Title
Brodersen Frank C -- --
The Tate Family Ltd Partnership -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alec Goldstein And Diana Lin Goldstein Living $638,226
Previous Owner 6Th Holding Llc $100,000
Previous Owner 6Th Holding Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2017 01/19/17 Sold $300,000 +0.8% $61 / Sq Ft
11/21/2016 11/21/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $297,500 -- $60 / 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 $7,523 $410,160 -- --
2024 $5,555 $478,130 -- --
2023 $5,555 $295,910 $0 $0
2022 $4,857 $295,910 $0 $0
2021 $4,794 $278,940 $0 $0
2020 $4,768 $270,820 $0 $0
2019 $4,662 $262,940 $0 $0
2018 $4,519 $255,290 $0 $0
2017 $4,380 $247,860 $0 $0
2016 $4,256 $240,650 $0 $0
2015 $4,093 $233,650 $0 $0
2014 $4,073 $226,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16486889

Regional Multiple Listing Service (RMLS)

APN: R0782246