NOT LISTED FOR SALE

19185 SW Alexander St Hillsboro, OR 97003

Estimated Value: $697,000 - $903,000

0.77 Acre
$1,055,104 Price per Acre
33,541 Sq Ft Lot

Last Sold July 19, 2021

Last sale price $695,802

Est. 17% increase in value since last sale

Current estimated payment $4,724/month

About This Lot

As of July 2021

Redevelopment opportunity in excellent Beaverton location. There is a leased home and commercial building on this property, but value is in the land. Zoning allows multi-family housing or a variety of commercial/retail uses. Up to 25 units or more/acre. Buyer to do own due diligence to determine exact number and type of units allowed. Great chance to build in one of the busiest suburban business corridors in the Portland Metro Area. Please do not walk the property or disturb tenants.

Last Agent to Sell the Property

Matthew Ferrua

RPI Real Estate License #201214121 Listed on: 03/12/2021

Last Buyer's Agent

Richard Herrera

MORE Realty License #201207687

MORE Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,206

Lot Details

  • Corner Lot
  • Level Lot
  • Property is zoned NMU

Home Design

  • Mixed Use

Property Details

Property Type

Land

Est. Annual Taxes

$5,206

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Mixed Use
  • Remarks Public: Redevelopment opportunity in excellent Beaverton location. There is a leased home and commercial building on this property, but value is in the land. Zoning allows multi-family housing or a variety of commercial/retail uses. Up to 25 units or more/acre. Buyer to do own due diligence to determine exact number and type of units allowed. Great chance to build in one of the busiest suburban business corridors in the Portland Metro Area. Please do not walk the property or disturb tenants.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: ACRES .77

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected

Association/Amenities

  • Existing Structures Description: Commercial, Residence
  • Existing Structures: Yes

Schools

  • Elementary School: Kinnaman
  • Middle School: Mountain View
  • High School: Aloha

Lot Info

  • Lot Description: Corner Lot
  • Acres: 0.77
  • Zoning: NMU
  • Number Of Lots Total: 1
  • Present Use: Commercial, Residential
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 4274.13
  • Assessor Parcel Number: R1239680
  • Tax Year: 2019

MLS Schools

  • Elementary School: Kinnaman
  • High School: Aloha
  • Middle School: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Jul 16, 2021
Sold by
Wehrman Daniel L and Wehrman Sandra L
Bought by
Alexander Investment Properties Llc
Seller's Agent
Matthew Ferrua
RPI Real Estate
Buyer's Agent
Richard Herrera
MORE Realty
List Price
$850,000
Sold Price
$695,802
Premium/Discount to List
-$154,198
-18.14%
Current Estimated Value
$812,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,628
Avg. Annual Appreciation
2.43%

Purchase Details

Closed on
Apr 2, 2020
Sold by
Wehrman Sandra L
Bought by
Wehrman Daniel L and Wehrman Sandra L

Purchase Details

Closed on
Jul 9, 2019
Sold by
Wehrman Sandra L
Bought by
Wehrman Sandra L
Source: Public Records

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
Alexander Investment Properties Llc $695,802 Chicago Title
Wehrman Daniel L -- None Available
Wehrman Sandra L -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $695,802 -18.1% --
04/23/2021 04/23/21 Pending -- -- --
04/05/2021 04/05/21 For Sale $850,000 0.0% --
03/15/2021 03/15/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $850,000 -- --
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 $5,206 $286,250 -- --
2024 $4,889 $277,920 -- --
2023 $4,889 $269,830 $0 $0
2022 $4,723 $269,830 $0 $0
2021 $4,553 $254,350 $0 $0
2020 $4,416 $246,950 $0 $0
2019 $4,274 $239,760 $0 $0
2018 $4,135 $232,780 $0 $0
2017 $3,986 $226,000 $0 $0
2016 $3,844 $219,420 $0 $0
2015 $3,700 $213,030 $0 $0
2014 $3,636 $206,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21081733

Regional Multiple Listing Service (RMLS)

APN: R1239680