NOT LISTED FOR SALE

2118 18th Ave Forest Grove, OR 97116

Estimated Value: $366,000 - $657,000

0.41 Acre
$1,176,500 Price per Acre
17,860 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $350,000 $86 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,966/month

134 Days on Market

Highlights

  • No HOA
  • No Heating
  • 4-minute walk to Fernhill Wetlands
  • Level Lot

About This Lot

As of February 2023

Major fixer or tear-down and rebuild on this lovely, flat .41 acres in the heart of Forest Grove. Zoning is RML which allows 12 units per acre. Middle Housing Bill may increase density with cottage cluster or townhomes. DO NOT DISTURB the renters, which should vacate by the end of Sept 2022.

Last Agent to Sell the Property

Merilee Lloyd

Mal & Seitz License #200407042 Listed on: 09/23/2022

Last Buyer's Agent

Meaghan Boyd

Keller Williams Realty Portland Premiere License #201247679

Keller Williams Realty Portland Premiere

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,074

Lot Details

  • 0.41 Acre Lot
  • Level Lot
  • Property is zoned RML

Schools

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R425472

Property Details

Property Type

Land

Est. Annual Taxes

$4,074

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Land
  • Property Sub Type: MultiFamily
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Road Surface Type: Concrete

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: SewerConnected, WaterConnected
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: Yes

Condo/Co-op/Association

  • Association: No

Schools

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

Lot Info

  • Zoning: RML
  • Present Use: MultiFamily
  • Soil Condition: Native
  • Land Description: Level
  • Lot Size Acres: 0.41
  • Lot Size Sq Ft: 17859.0
  • Parcel #: R425472

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4074.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2022
Closed on
Feb 22, 2023
Sold by
Chapman Living Trust
Bought by
Omeara Kevin and Omeara Deirdre
Seller's Agent
Merilee Lloyd
Mal & Seitz
Buyer's Agent
Meaghan Boyd
Keller Williams Realty Portland Premiere
List Price
$400,000
Sold Price
$350,000
Premium/Discount to List
-$50,000
-12.5%
Views
232
Current Estimated Value
$482,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,365
Avg. Annual Appreciation
15.68%
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Omeara Kevin $350,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Omeara Kevin $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2023 02/22/23 Sold $350,000 -15.7% $86 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
09/23/2022 09/23/22 Price Changed $415,000 +3.8% $102 / Sq Ft
09/23/2022 09/23/22 For Sale $400,000 -- $98 / 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 $4,893 $266,790 -- --
2024 $4,721 $259,020 -- --
2023 $4,721 $251,480 $0 $0
2022 $4,128 $251,480 $0 $0
2021 $4,074 $237,050 $0 $0
2020 $4,052 $230,150 $0 $0
2019 $3,962 $223,450 $0 $0
2018 $3,841 $216,950 $0 $0
2017 $3,722 $210,640 $0 $0
2016 $3,617 $204,510 $0 $0
2015 $3,478 $198,560 $0 $0
2014 $3,462 $192,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22506598

Regional Multiple Listing Service (RMLS)

APN: R0425472