NOT LISTED FOR SALE

Estimated Value: $417,000 - $583,000

4 Beds
3 Baths
1,984 Sq Ft
$252/Sq Ft Est. Value

Last Sold October 15, 2020

Last sale price $439,000 $221 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,912/month

3 Days on Market

Highlights

  • Corner Lot
  • High Speed Internet
  • Wood Siding
  • Attached Garage

About This Home

As of October 2020

This cool Bungalow style Duplex is located in the heart of Forest Grove within a block of all the happenings of this charming bustling city. Terrific rental history with Pacific University students. Main floor unit has 3 bedrooms and 2 bathrooms $1,645 month. Upper unit is a 1 bedroom 1 bath and has it's own private entry. $945 per month. Tenants share utility costs. The NEW fresh grocery store is going to be built right next door. Zoning here allows for many uses. New exterior paint soon.

Last Listed By

Tim Pearson

MORE Realty License #920300209 Listed on: 08/07/2020

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,525

Year Built

  • Built in 1934

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,525

Year Built

Built in 1934

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1984
  • Stories: 2
  • Year Built: 1934
  • Property Condition: Existing
  • Remarks Public: This cool Bungalow style Duplex is located in the heart of Forest Grove within a block of all the happenings of this charming bustling city. Terrific rental history with Pacific University students. Main floor unit has 3 bedrooms and 2 bathrooms $1,645 month. Upper unit is a 1 bedroom 1 bath and has it's own private entry. $945 per month. Tenants share utility costs. The NEW fresh grocery store is going to be built right next door. Zoning here allows for many uses. New exterior paint soon.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FOREST GROVE, TOWN OF, BLOCK 3, LOT PT 3, ACRES .10
  • Basement: None

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator

Schools

  • Elementary School: Harvey Clark
  • Middle School: Neil Armstrong
  • High School: Forest Grove
  • School Elementary2: Tom McCall

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: TCT
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 1088.15
  • Assessor Parcel Number: R0423081
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.11

MLS Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2020
Sold by
Gilstrap Thomas R and Khunsamart Jiraphorn
Bought by
2039 B Street Llc
Total Days on Market
3
Current Estimated Value
$499,875

Purchase Details

Listed on
Aug 7, 2020
Closed on
Oct 12, 2020
Sold by
Sandstrom Steve R and Sandstrom Charlotte R
Bought by
Gilstrap Thomas R and Khunsamart Jiraphorn
Seller's Agent
Tim Pearson
MORE Realty
Buyer's Agent
Chris Garfield
John L. Scott Market Center
List Price
$439,000
Sold Price
$439,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.86%
Original Mortgage
$351,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 9, 2013
Closed on
Aug 8, 2013
Sold by
Gamel Kathleen J
Bought by
Bayless Bryan J and Bayless Erika J
Seller's Agent
Anne Marie Faulkner
eXp Realty, LLC
Buyer's Agent
Arnett Norris
Windermere Realty Group
List Price
$160,000
Sold Price
$163,000
Premium/Discount to List
$3,000
1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.77%
Original Mortgage
$122,250
Interest Rate
4.46%
Mortgage Type
New Conventional

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
2039 B Street Llc -- None Available
Gilstrap Thomas R $439,000 First American Title
Bayless Bryan J $163,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gilstrap Thomas R $351,200
Previous Owner Bayless Bryan J $122,250
Previous Owner Gamel Kathleen J $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $439,000 0.0% $221 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/07/2020 08/07/20 For Sale $439,000 +66.3% $221 / Sq Ft
09/29/2017 09/29/17 Sold $264,000 -1.5% $133 / Sq Ft
08/27/2017 08/27/17 Pending -- -- --
08/04/2017 08/04/17 For Sale $268,000 +64.4% $135 / Sq Ft
08/09/2013 08/09/13 Sold $163,000 +1.9% $74 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $160,000 -- $73 / 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 $1,525 $83,160 -- --
2024 $1,472 $80,740 -- --
2023 $1,472 $78,390 $0 $0
2022 $1,287 $78,390 $0 $0
2021 $1,270 $73,900 $0 $0
2020 $1,263 $71,750 $0 $0
2019 $1,088 $61,370 $0 $0
2018 $1,055 $59,590 $0 $0
2017 $1,022 $57,860 $0 $0
2016 $994 $56,180 $0 $0
2015 $956 $54,550 $0 $0
2014 $951 $52,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20613933

Regional Multiple Listing Service (RMLS)

APN: R0423081