NOT LISTED FOR SALE

1641 22nd Ave Forest Grove, OR 97116

Estimated Value: $458,000 - $499,545

4 Beds
2 Baths
1,764 Sq Ft
$273/Sq Ft Est. Value

Sale Details

Date Sold: June 11, 2024

Last sale price $480,000 $272 Per Sq Ft

Current estimated payment $2,867 / mo

21 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • 1-Story Property
  • No HOA
  • Heat Pump System

About This Home

As of June 2024

Just Listed! Fully rented duplex just a few blocks from Pacific University Campus! Units are 2beds/1bath and approximately 882 square feet with attached carports. Brand new roof in 2023! Corner lot & fully fenced backyards. This location is a short distance to so many amenities and resides on a quiet street in a wonderful Forest Grove neighborhood, nearby schools, and parks. Please do not disturb tenants, and make offers subject to interior inspection.

Last Agent to Sell the Property

Jason Maycumber

Redfin License #200302022 Listed on: 02/11/2024

Redfin

Last Buyer's Agent

Julie Robinson

MORE Realty License #200406168

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1962 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Cement Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • Carport
  • Driveway

Schools

  • Harvey Clark Elementary School
  • Tom Mccall Middle School
  • Forest Grove High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance
  • Assessor Parcel Number R783272

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,684
  • Gross Income $23,100
  • Net Operating Income $18,416

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1962 | Remodeled

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1962
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 480000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: CementSiding,T111Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level, PublicRoad
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Driveway
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: duplex
  • Parcel #: R783272

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3483.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.65
  • Annual Gross Income: 23100.0
  • Property Net Operating Income: 18416.0
  • Annual Operating Expense: 4684.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2024
Closed on
Jun 10, 2024
Sold by
Ron & Cynthia Upson 2021 Trust and Upson Ron
Bought by
Martinez Luis
Seller's Agent
Jason Maycumber
Redfin
Buyer's Agent
Julie Robinson
MORE Realty
List Price
$500,000
Sold Price
$480,000
Premium/Discount to List
-$20,000
-4%
Views
47
Current Estimated Value
$481,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,136
Avg. Annual Appreciation
0.12%
Original Mortgage
$360,000
Outstanding Balance
$354,910
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$126,226

Purchase Details

Closed on
May 25, 2021
Sold by
Upson Ronald and Upson Cynthia
Bought by
Upson Ron L and Upson Cynthia L

Purchase Details

Closed on
Sep 23, 2010
Sold by
Davis Claud E and Davis Virginia R
Bought by
Upson Ronald and Upson Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,250
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 1997
Sold by
Ostrom Elwood E and Ostrom Patricia D
Bought by
Davis Claud E and Davis Virginia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,000
Interest Rate
8.5%
Source: Public Records
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Martinez Luis $480,000 Ticor Title
Upson Ron L -- None Available
Upson Ronald $215,000 Fidelity Natl Title Co Of Or
Davis Claud E $109,000 Fidelity National Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Martinez Luis $360,000
Previous Owner Upson Ronald $158,250
Previous Owner Davis Claud E $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2024 06/11/24 Sold $480,000 -4.0% $272 / Sq Ft
03/04/2024 03/04/24 Pending -- -- --
02/11/2024 02/11/24 For Sale $500,000 -- $283 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,611 $202,770 -- --
2025 $3,611 $196,870 -- --
2024 $3,484 $191,140 -- --
2023 $3,484 $185,580 $0 $0
2022 $3,046 $185,580 $0 $0
2021 $3,007 $174,940 $0 $0
2020 $2,991 $169,850 $0 $0
2019 $2,924 $164,910 $0 $0
2018 $2,834 $160,110 $0 $0
2017 $2,747 $155,450 $0 $0
2016 $2,670 $150,930 $0 $0
2015 $2,567 $146,540 $0 $0
2014 $2,555 $142,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24345079

Regional Multiple Listing Service (RMLS)

APN: R0783272

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