NOT LISTED FOR SALE

15959 SW 2nd St Sherwood, OR 97140

Estimated Value: $503,477

3 Beds
2 Baths
1,968 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 10, 2022

Last sale price $475,000 $241 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,232/month

263 Days on Market

Highlights

  • City View
  • Corner Lot
  • No HOA
  • Hawks View Elementary School Rated A
  • Private Yard
  • 1-minute walk to Cannery Square

About This Home

As of November 2022

Offers will be reviewed as they are received. This property is filled with so much potential in the cutest area of downtown, historic Sherwood. While it needs work, building #1 is a 1-2 bedroom home, plus sep. dog-grooming salon. Building #2 is a four room office building, now vacant. Please do not disturb the lovely tenant running the dog-grooming business. Schedule a tour with your broker, or connect with the listing broker. This is a rare, all-in buy alert for the industrious buyer!

Last Listed By

Angela Nicolson

RE/MAX Equity Group License #200205319 Listed on: 01/19/2022

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1927

Lot Details

  • 4,791 Sq Ft Lot
  • Dog Run
  • Fenced
  • Corner Lot
  • Level Lot
  • Private Yard
  • Garden
  • Property is zoned RC

Parking

  • On-Street Parking

Home Design

  • Bungalow
  • Fixer Upper
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 1,968 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • City Views
  • Free-Standing Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Hawks View Elementary School
  • Sherwood Middle School
  • Sherwood High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Smockville, Downtown Sherwood Subdivision
  • The community has rules related to allowing live work

Listing and Financial Details

  • Assessor Parcel Number R554331

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1927
  • Property Condition: Fixer
  • Unreinforced Masonry Building: NA
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow, LiveWorkUnit
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • OtherStructuresFeatures1: Bathroom,Heated,Kitchen
  • OtherStructuresType1: AuxiliaryDwellingUnit
  • PublicRemarksOtherStructures: *** DO NOT DISTURB BUSINESS, PLEASE*** Active psychiatry practice currently in place. Could potentially be a small residence, alternatively, but Buyer must perform necessary due diligence. Tenant wishes to remain in place, upon agreeable terms.
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Interior Amenities: AuxiliaryDwellingUnit
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Main
  • Basement: None
  • Appliances: FreeStandingRange
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • OtherStructuresBaths1: 1.0
  • OtherStructuresBathsTotal: 1.00
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: LapSiding,Other
  • Exterior Features: AuxiliaryDwellingUnit, DogRun, Fenced, Garden, Yard
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: Other
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition
  • View: City

Garage/Parking

  • Parking Description: OnStreet
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hawks View
  • High School: Sherwood
  • Middle Or Junior School: Sherwood

Lot Info

  • Farm: No
  • Zoning: RC
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R554331

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 1900

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 2498.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Oct 11, 2022
Sold by
Ruble Jeffrey A
Bought by
Bellingar Enterprises Llc
Seller's Agent
Angela Nicolson
RE/MAX Equity Group
Buyer's Agent
Ashley Lacer
Land Leader
List Price
$495,000
Sold Price
$475,000
Premium/Discount to List
-$20,000
-4.04%
Total Days on Market
263
Views
54
Current Estimated Value
$503,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,477
Avg. Annual Appreciation
2.27%
Original Mortgage
$381,250
Interest Rate
6.92%
Mortgage Type
Construction

Range of Values:

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Average Value
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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
Bellingar Enterprises Llc $475,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bellingar Enterprises Llc $310,000
Closed Bellingar Enterprises Llc $381,250
Previous Owner Ruble Jeffrey Andrew $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $475,000 -4.0% $241 / Sq Ft
10/09/2022 10/09/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $495,000 0.0% $252 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
05/03/2022 05/03/22 Price Changed $495,000 -23.8% $252 / Sq Ft
03/25/2022 03/25/22 For Sale $650,000 0.0% $330 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $650,000 -- $330 / 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 $4,973 $260,730 -- --
2024 $2,829 $322,610 -- --
2023 $2,829 $143,320 $0 $0
2022 $2,531 $143,320 $0 $0
2021 $2,498 $135,100 $0 $0
2020 $2,457 $131,170 $0 $0
2019 $2,410 $127,350 $0 $0
2018 $2,337 $123,650 $0 $0
2017 $2,276 $120,050 $0 $0
2016 $2,204 $116,560 $0 $0
2015 $2,094 $113,170 $0 $0
2014 $2,071 $109,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22100514

Regional Multiple Listing Service (RMLS)

APN: R0554331