NOT LISTED FOR SALE

1824 Douglas St Forest Grove, OR 97116

Estimated Value: $445,000 - $576,000

6 Beds
2 Baths
2,000 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 28, 2017

Last sale price $370,000 $185 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,232/month

37 Days on Market

About This Home

As of June 2017

Nice duplex in excellent area. Rents way below market. Opportunity for building equity fast and long term growth. Contact George for Investors Package. Do not disturb tenants. Walk-through only after accepted offer. Rent increase in June 1095, OPEN HOUSE SAT May 6at 1-3 CHANCE TO SEE HOW NICE EACH UNITS!!

Last Listed By

Flocer Nacoste

Kelly Right Real Estate of Portland, LLC License #201212433 Listed on: 04/04/2017

Kelly Right Real Estate of Portland, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,650

Year Built

  • Built in 1960

Lot Details

  • 0.26

Parking

  • Assigned Parking

Home Design

  • Slab Foundation

Kitchen

  • Range
  • Disposal

Additional Features

  • 1-Story Property
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,650

Year Built

Built in 1960

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2000
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Approximately
  • Remarks Public: Nice duplex in excellent area. Rents way below market. Opportunity for building equity fast and long term growth. Contact George for Investors Package. Do not disturb tenants. Walk-through only after accepted offer. Rent increase in June 1095, OPEN HOUSE SAT May 6at 1-3 CHANCE TO SEE HOW NICE EACH UNITS!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FOREST GROVE, BLOCK 20, LOT PT 2
  • Storage: Individual Storage Units

Exterior Features

  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Assigned

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Radiant

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Disposal, Range, Refrigerator, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Joseph Gale
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Zoning: 1016RES
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 2518.81
  • Assessor Parcel Number: R0422563

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.95

MLS Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2017
Closed on
Jun 26, 2017
Sold by
Alcaraz Rafael and Alcaraz Guillermina
Bought by
Wessels Josef
Seller's Agent
Flocer Nacoste
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
Peter Delmar
MORE Realty
List Price
$375,000
Sold Price
$370,000
Premium/Discount to List
-$5,000
-1.33%
Total Days on Market
37
Current Estimated Value
$525,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,528
Avg. Annual Appreciation
4.72%
Original Mortgage
$277,500
Outstanding Balance
$235,194
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$297,549

Purchase Details

Closed on
Dec 7, 2011
Sold by
Alcaraz Rafael
Bought by
Alcaraz Rafael and Alcaraz Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
4.06%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2005
Sold by
Burghardt Michael L and Burghardt Cherilyn
Bought by
Alcaraz Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,320
Interest Rate
6.02%
Mortgage Type
Fannie Mae Freddie Mac

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
Wessels Josef $370,000 First American
Alcaraz Rafael -- Wfg Title
Alcaraz Rafael $202,900 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wessels Josef $277,500
Previous Owner Alcaraz Rafael $60,000
Previous Owner Alcaraz Rafael $152,000
Previous Owner Alcaraz Rafael $19,400
Previous Owner Alcaraz Rafael $162,320
Closed Alcaraz Rafael $20,290
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2017 06/28/17 Sold $370,000 -1.3% $185 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $375,000 -- $188 / 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 $3,650 $199,010 -- --
2024 $3,522 $193,220 -- --
2023 $3,522 $187,600 $0 $0
2022 $3,079 $187,600 $0 $0
2021 $3,039 $176,840 $0 $0
2020 $3,023 $171,690 $0 $0
2019 $2,956 $166,690 $0 $0
2018 $2,865 $161,840 $0 $0
2017 $2,592 $146,680 $0 $0
2016 $2,519 $142,410 $0 $0
2015 $2,422 $138,270 $0 $0
2014 $2,411 $134,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17465241

Regional Multiple Listing Service (RMLS)

APN: R0422563