NOT LISTED FOR SALE

1619 23rd Ave Forest Grove, OR 97116

Estimated Value: $497,000 - $545,000

4 Beds
2 Baths
1,656 Sq Ft
$310/Sq Ft Est. Value

Last Sold December 19, 2016

Last sale price $260,000 $157 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,995/month

27 Days on Market

Highlights

  • Views
  • Washer and Dryer
  • 1-Story Property
  • Storage
  • Wood Siding

About This Home

As of December 2016

Please do not disturb tenants. No Sign. This is a great investment opportunity! Easy to rent duplex in a quiet neighborhood. Close to Pacific University and Aquatics Center. Long term renters on Mo-to-Mo lease. Includes 1619 & 1621

Last Agent to Sell the Property

Kevin Davis

Richmond American Homes of Oregon License #201204259 Listed on: 09/20/2016

Last Buyer's Agent

Jesse Dill

Premiere Property Group, LLC License #200410127

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,545

Year Built

  • Built in 1981

Lot Details

  • 9,583

Parking

  • Carport

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Flag Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by No Showings Call LA

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,545

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1656
  • Stories: 1
  • Year Built: 1981
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ACRES .29
  • Storage: Attached

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: Territorial
  • View: Yes

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: No Showings Call LA
  • Management Phone: 503-737-7227
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Lot Info

  • Lot Description: Flag Lot
  • Zoning: Multi

Tax Info

  • Tax Amount: 2520.15
  • Assessor Parcel Number: R0782406

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.33

MLS Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle School: Tom McCall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2016
Closed on
Jan 12, 2017
Sold by
Weight Russell H
Bought by
R Weight Properties Llc
Seller's Agent
Kevin Davis
Richmond American Homes of Oregon
Buyer's Agent
Jesse Dill
Premiere Property Group, LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%
Current Estimated Value
$512,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,820
Avg. Annual Appreciation
7.89%
Original Mortgage
$169,000
Outstanding Balance
$79,458
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$433,362

Purchase Details

Listed on
Sep 20, 2016
Closed on
Dec 13, 2016
Sold by
Harding Shelley A
Bought by
Weight Russell H
Seller's Agent
Kevin Davis
Richmond American Homes of Oregon
Buyer's Agent
Jesse Dill
Premiere Property Group, LLC
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Outstanding Balance
$79,458
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$433,362

Purchase Details

Closed on
Sep 8, 2004
Sold by
Bennett Gary Dean
Bought by
Harding Shelley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2004
Sold by
Gnl Investments Llc
Bought by
Bennett Gary Dean

Purchase Details

Closed on
Feb 21, 2002
Sold by
Bennett Gary D and Bennett Lisa N
Bought by
Gnl Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
7.11%

Purchase Details

Closed on
Jan 14, 2002
Sold by
Olson Donald R
Bought by
Bennett Gary D and Bennett Lisa N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,910
Interest Rate
7.11%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
R Weight Properties Llc -- None Available
Weight Russell H $260,000 Fidelity Natl Title Of Or
Harding Shelley A $190,000 Ticor Title Insurance Compan
Bennett Gary Dean -- --
Gnl Investments Llc -- --
Bennett Gary D $170,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weight Russell H $169,000
Previous Owner Harding Shelley A $50,000
Previous Owner Bennett Gary D $152,910
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2016 12/19/16 Sold $260,000 -5.5% $157 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $275,000 -- $166 / 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
2026 $3,545 $199,070 -- --
2025 $3,545 $193,280 -- --
2024 $3,420 $187,660 -- --
2023 $3,420 $182,200 $0 $0
2022 $2,991 $182,200 $0 $0
2021 $2,952 $171,750 $0 $0
2020 $2,936 $166,750 $0 $0
2019 $2,871 $161,900 $0 $0
2018 $2,783 $157,190 $0 $0
2017 $2,697 $152,620 $0 $0
2016 $2,621 $148,180 $0 $0
2015 $2,520 $143,870 $0 $0
2014 $2,508 $139,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16652939

Regional Multiple Listing Service (RMLS)

APN: R0782406