NOT LISTED FOR SALE

1905 Fir Rd Forest Grove, OR 97116

Estimated Value: $624,000 - $864,000

8 Beds
4 Baths
3,700 Sq Ft
$196/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $625,000 $169 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,470/month

10 Days on Market

Highlights

  • Corner Lot
  • Baseboard Heating
  • High Speed Internet
  • Window Unit Cooling System

About This Home

As of September 2022

All 4 units are month to month with long term tenants. 2 upper units have balcony and 2 lower units have backyard space. Original owner of the units and they kept rents low to keep occupancy. Needs work. Viewing of units with an acceptable offer. Selling in AS IS, Contract terms will be 5.5% for 10 years.

Last Agent to Sell the Property

Tanya Peterson

John L. Scott Market Center License #200407018 Listed on: 08/24/2022

John L. Scott Market Center

Last Buyer's Agent

Tanya Peterson

John L. Scott Market Center License #200407018 Listed on: 08/24/2022

John L. Scott Market Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,221

Year Built

  • Built in 1979

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,700 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Fern Hill Elementary School
  • Neil Armstrong Middle School
  • Forest Grove High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R0413859

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $2,706
  • Gross Income $3,400
  • Net Operating Income $3,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,221

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: DSL
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Fern Hill
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong

Lot Info

  • Zoning: cc
  • Parcel #: R0413859

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4220.9

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 169.12
  • Annual Gross Income: 3400.0
  • Property Net Operating Income: 3400.0
  • Annual Operating Expense: 2706.0

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Doyle M James $290,000
Closed Doyle Doyle M $240,000
Closed Doyle M James $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $625,000 +8.7% $169 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/23/2022 08/23/22 For Sale $575,000 -- $155 / 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 $5,069 $276,370 -- --
2024 $4,890 $268,330 -- --
2023 $4,890 $260,520 $0 $0
2022 $4,276 $260,520 $0 $0
2021 $4,221 $245,580 $0 $0
2020 $4,198 $238,430 $0 $0
2019 $4,105 $231,490 $0 $0
2018 $3,979 $224,750 $0 $0
2017 $3,856 $218,210 $0 $0
2016 $3,747 $211,860 $0 $0
2015 $3,603 $205,690 $0 $0
2014 $3,586 $199,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22292792

Regional Multiple Listing Service (RMLS)

APN: R0413859