NOT LISTED FOR SALE

1719 Main St Forest Grove, OR 97116

Estimated Value: $969,000 - $1,108,000

8 Beds
4 Baths
4,303 Sq Ft
$241/Sq Ft Est. Value

Last Sold December 27, 2016

Last sale price $640,000 $149 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,624/month

105 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 4-minute walk to Fernhill Wetlands

About This Home

As of December 2016

Four unique units within 3 blocks of Pacific University in Forest Grove. All units are separate buildings but all on one tax lot. Quality construction. Do not disturb tenants. Subject to interior inspection.

Last Listed By

S Peterson

Keller Williams Sunset Corridor License #781200104 Listed on: 08/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,325

Year Built

  • Built in 1980

Lot Details

  • Level Lot

Parking

  • 8 Car Garage
  • Open Parking

Home Design

  • Slab Foundation
  • Composition Roof
  • Cedar

Interior Spaces

  • 4,303 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Forest Grove High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R424222

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $12,642
  • Gross Income $45,600
  • Net Operating Income $32,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,325

Year Built

Built in 1980

Lot Details

0

Parking

8

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1980
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open, Paved
  • Attached Garage: No
  • Garage Spaces: 8.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • High School: Forest Grove

Lot Info

  • Zoning: RML
  • Parcel #: R424222

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 7324.73

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 14.58
  • Annual Gross Income: 45600.0
  • Property Net Operating Income: 32958.0
  • Annual Operating Expense: 12642.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Meadow 157 Llc
Bought by
Hill Steven M and Hill Rita C
Total Days on Market
105
Current Estimated Value
$1,034,897

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 27, 2016
Sold by
Thomason William C and Thomason Sandra A
Bought by
Meadows 157 Llc
Seller's Agent
S Peterson
Keller Williams Sunset Corridor
Buyer's Agent
Jesse Dill
Premiere Property Group, LLC
List Price
$659,000
Sold Price
$640,000
Premium/Discount to List
-$19,000
-2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Pettigrove Ventures Llc
Bought by
Thomason William C and Thomason Sandra A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,050
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
May 5, 2004
Sold by
Gabbert Nels D and Morton Lindley C
Bought by
Pettigrove Venture Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,050
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 1, 2003
Sold by
Pettigrove Venture Llc
Bought by
Gabbert Nels D and Morton Lindley C

Purchase Details

Closed on
Jun 30, 1998
Sold by
Morton Lindley C
Bought by
Green Gables Design & Restoration Inc

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
Hill Steven M -- Wfg Title
Meadows 157 Llc $640,000 Wfg Title
Thomason William C $373,850 Chicago Title Co
Pettigrove Venture Llc -- Chicago Title Co
Gabbert Nels D $382,860 Chicago
Green Gables Design & Restoration Inc $115,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomason William C $321,750
Previous Owner Thomason Sandra A $400,000
Previous Owner Thomason William C $299,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2016 12/27/16 Sold $640,000 -2.9% $149 / Sq Ft
12/01/2016 12/01/16 Pending -- -- --
08/18/2016 08/18/16 For Sale $659,000 -- $153 / 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 $10,306 $561,890 -- --
2024 $9,942 $545,530 -- --
2023 $9,942 $529,650 $0 $0
2022 $8,694 $529,650 $0 $0
2021 $8,581 $499,260 $0 $0
2020 $8,535 $484,720 $0 $0
2019 $8,344 $470,610 $0 $0
2018 $8,089 $456,910 $0 $0
2017 $7,839 $443,610 $0 $0
2016 $7,618 $430,690 $0 $0
2015 $7,325 $418,150 $0 $0
2014 $7,290 $405,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16408143

Regional Multiple Listing Service (RMLS)

APN: R0424222