NOT LISTED FOR SALE

Estimated Value: $728,000 - $964,000

8 Beds
4 Baths
4,303 Sq Ft
$205/Sq Ft Est. Value

Sale Details

Date Sold: December 27, 2016

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

Est. 38% increase in value since last sale

Current estimated payment $5,715 / mo

105 Days on Market

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 Agent to Sell the Property

S Peterson

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

Co-Listed By

Paul Peterson

Keller Williams Sunset Corridor License #n/a

Last Buyer's Agent

Jesse Dill

Premiere Property Group, LLC License #200410127

Premiere Property Group, LLC
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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

10,454 Sq Ft Lot

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
  • Current Price For Status: 640000.0
  • 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

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

Tax Info

  • Tax Annual Amount: 7324.73

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2017
Sold by
Bought by
Current Estimated Value
$880,856

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 27, 2016
Sold by
Bought by
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
3.36%

Purchase Details

Closed on
Jun 3, 2004
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Jun 30, 1998
Sold by
Bought by
Source: Public Records

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
-- Wfg Title
$640,000 Wfg Title
$373,850 Chicago Title Co
$382,860 Chicago
$115,000 Oregon Title Insurance Co
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
Previous Owner $299,050
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
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

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

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 $10,592 $578,740
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

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