NOT LISTED FOR SALE

1635 1637 Gales Ct Forest Grove, OR 97116

Estimated Value: $527,000 - $640,000

5 Beds
2 Baths
2,040 Sq Ft
$285/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $601,428 $295 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,637/month

11 Days on Market

Highlights

  • Cul-De-Sac
  • Garage
  • Level Lot
  • Fireplace
  • High Speed Internet
  • Wood Siding

About This Home

As of March 2022

Well maintained duplex in quiet residential neighborhood. One side remodeled in 2021 & rents $1,940/mo, new bath, kitchen, SS- appliances, LVT floors & interior paint. Second side rents $1,426/mo (below market). Large backyard is fenced both sides, check with city about ADU, large covered patios, tenants pay all utilities & maintain yard. Waiting on weather, price includes new roof, FHA financeable, close to schools, downtown restaurants, Pacific University, Stites City Park & Lincoln Park.

Last Listed By

Anita Borgaes

eXp Realty, LLC License #200211111 Listed on: 12/13/2021

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,799

Year Built

  • Built in 1971

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Garage

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,799

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2040
  • Stories: 1
  • Year Built: 1971
  • Remarks Public: Well maintained duplex in quiet residential neighborhood. One side remodeled in 2021 & rents $1,940/mo, new bath, kitchen, SS- appliances, LVT floors & interior paint. Second side rents $1,426/mo (below market). Large backyard is fenced both sides, check with city about ADU, large covered patios, tenants pay all utilities & maintain yard. Waiting on weather, price includes new roof, FHA financeable, close to schools, downtown restaurants, Pacific University, Stites City Park & Lincoln Park.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ACRES 0.36
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 15K-19,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Off Site, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard
  • Internet Service Type: Cable, Wireless

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Harvey Clark
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: R-7

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3726.57
  • Assessor Parcel Number: R0781997
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 22, 2022
Sold by
Rankin Holdings Llc
Bought by
Voorhies Luke and Voorhies Raeann
Seller's Agent
Anita Borgaes
eXp Realty, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$589,900
Sold Price
$601,428
Premium/Discount to List
$11,528
1.95%
Total Days on Market
11
Current Estimated Value
$581,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,223
Avg. Annual Appreciation
-1.06%
Original Mortgage
$451,071
Outstanding Balance
$423,598
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$157,607

Purchase Details

Closed on
Apr 17, 2017
Sold by
Rankin Janet
Bought by
Rankin Holdings Llc

Purchase Details

Closed on
Apr 28, 2008
Sold by
Gorham Robert O and Gorham Suzanne P
Bought by
Rankin Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,705
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2003
Sold by
Andrews Karl E and Andrews Karen E
Bought by
Gorham Robert O and Gorham Suzanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,200
Interest Rate
6.9%

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
Voorhies Luke $601,428 Ticor Title
Rankin Holdings Llc -- None Available
Rankin Janet $199,451 Lawyers Title Ins
Gorham Robert O $180,250 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voorhies Luke $451,071
Previous Owner Rankin Janet $172,705
Previous Owner Gorham Robert O $29,509
Previous Owner Gorham Robert O $169,600
Previous Owner Gorham Robert O $42,400
Previous Owner Gorham Robert O $144,200
Closed Gorham Robert O $36,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $601,428 +2.0% $295 / Sq Ft
12/24/2021 12/24/21 Pending -- -- --
12/13/2021 12/13/21 For Sale $589,900 -- $289 / 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 $4,799 $261,650 -- --
2024 $4,630 $254,030 -- --
2023 $4,630 $246,640 $0 $0
2022 $4,048 $246,640 $0 $0
2021 $3,747 $217,990 $0 $0
2020 $3,727 $211,650 $0 $0
2019 $3,644 $205,490 $0 $0
2018 $3,532 $199,510 $0 $0
2017 $3,423 $193,700 $0 $0
2016 $3,326 $188,060 $0 $0
2015 $3,198 $182,590 $0 $0
2014 $3,183 $177,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21223649

Regional Multiple Listing Service (RMLS)

APN: R0781997