NOT LISTED FOR SALE

1569 N Davis St Cornelius, OR 97113

Estimated Value: $368,000 - $457,239

4 Beds
2 Baths
1,400 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $273,400 $195 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,575/month

161 Days on Market

Highlights

  • Detached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of February 2020

Investor Special. Has $2200 income in rent total for both units. Both currently rented, both have outside storage and parking. Clean and tidy, recently updated duplex in Cornelius near Fred Meyer and other shopping, restaurants and more. Solid systems and duplex is very financeable. Turn key property with solid rental income.

Last Listed By

Veta Holscher

RE/MAX Equity Group License #940700144 Listed on: 07/20/2019

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,816

Year Built

  • Built in 1947

Lot Details

  • Level Lot

Parking

  • Detached Garage
  • Assigned Parking

Interior Spaces

  • 1-Story Property
  • Crawl Space

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Hayden Property Management

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,816

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1400
  • Stories: 1
  • Year Built: 1947
  • Property Condition: Existing
  • Remarks Public: Investor Special. Has $2200 income in rent total for both units. Both currently rented, both have outside storage and parking. Clean and tidy, recently updated duplex in Cornelius near Fred Meyer and other shopping, restaurants and more. Solid systems and duplex is very financeable. Turn key property with solid rental income.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CORNELIUS ENVIRONS, LOT PT 67, ACRES .13
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Flat

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned, Detached

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Hayden Property Management

Schools

  • Elementary School: Cornelius
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Level
  • Zoning: SFR-7

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 2126.94
  • Assessor Parcel Number: R0753964
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.42

MLS Schools

  • Elementary School: Cornelius
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2019
Closed on
Feb 26, 2020
Sold by
Price Matthew David
Bought by
Kamati Adnaen Al and Elzaghal Seif
Seller's Agent
Veta Holscher
RE/MAX Equity Group
Buyer's Agent
Scott Bennett
Oregon First
List Price
$275,000
Sold Price
$273,400
Premium/Discount to List
-$1,600
-0.58%
Total Days on Market
161
Current Estimated Value
$418,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,660
Avg. Annual Appreciation
8.27%
Original Mortgage
$205,050
Outstanding Balance
$185,370
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$229,179

Purchase Details

Closed on
Sep 11, 2013
Sold by
Seronello Seronello Lee R Lee R
Bought by
Price Matthew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,554
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2005
Sold by
Grabhorn Chad
Bought by
Seronello Lee R

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
Kamati Adnaen Al $273,400 Lawyers
Price Matthew David $135,000 First American
Seronello Lee R $149,000 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamati Adnaen Al $205,050
Previous Owner Price Matthew David $130,000
Previous Owner Price Matthew David $132,554
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $273,400 -0.6% $195 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
12/05/2019 12/05/19 For Sale $275,000 0.0% $196 / Sq Ft
11/14/2019 11/14/19 Pending -- -- --
11/08/2019 11/08/19 Price Changed $275,000 0.0% $196 / Sq Ft
11/08/2019 11/08/19 For Sale $275,000 -8.3% $196 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
10/09/2019 10/09/19 For Sale $300,000 0.0% $214 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
09/05/2019 09/05/19 Price Changed $300,000 -4.8% $214 / Sq Ft
08/26/2019 08/26/19 Price Changed $315,000 -1.6% $225 / Sq Ft
08/17/2019 08/17/19 Price Changed $320,000 -1.5% $229 / Sq Ft
07/20/2019 07/20/19 For Sale $325,000 -- $232 / 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 $2,816 $157,380 -- --
2024 $2,572 $152,800 -- --
2023 $2,572 $148,350 $0 $0
2022 $2,279 $148,350 $0 $0
2021 $2,252 $139,840 $0 $0
2020 $2,243 $135,770 $0 $0
2019 $2,194 $131,820 $0 $0
2018 $2,127 $127,990 $0 $0
2017 $2,061 $124,270 $0 $0
2016 $2,003 $120,660 $0 $0
2015 $1,885 $117,150 $0 $0
2014 $1,820 $113,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Veta Holscher

    Seller's Agent in 2020

    Veta Holscher

    RE/MAX

    (503) 887-3095

    62 Total Sales

    Veta Holscher
    Section Image

  • S

    Buyer's Agent in 2020

    Scott Bennett

    Oregon First

    (503) 703-4699

    21 Total Sales

    Scott Bennett
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19627609

Regional Multiple Listing Service (RMLS)

APN: R0753964

Oregon Washington County Cornelius 97113

1569 N Davis St, Cornelius, OR

Homes for Sale in Cornelius, OR

This home is located at 1569 N Davis St, Cornelius, OR 97113 since 20 July 2019 and is currently estimated at $418,060, approximately $298 per square foot. This property was built in 1947. 1569 N Davis St is a home located in Washington County with nearby schools including Cornelius Elementary School, Neil Armstrong Middle School, and Tom McCall Upper Elementary School.

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