NOT LISTED FOR SALE

2118 Kappel Ln Forest Grove, OR 97116

Estimated Value: $455,000 - $526,000

4 Beds
2 Baths
2,035 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $175,000 $86 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $2,905/month

188 Days on Market

Highlights

  • Garage
  • Level Lot
  • Wood Siding

About This Home

As of June 2015

Fully occupied duplex. Shopping, restaurants, park. Long history of renters. Mini Wall Heat Pumps in both units.

Last Agent to Sell the Property

Geri Warmanen

Berkshire Hathaway HomeServices NW Real Estate License #790800286 Listed on: 10/29/2014

Berkshire Hathaway HomeServices NW Real Estate

Co-Listed By

Mark Warmanen

Berkshire Hathaway HomeServices NW Real Estate License #970600192

Last Buyer's Agent

Hugo Gutierrez

Willcuts Company Real Estate License #201001033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,288

Year Built

  • Built in 1940

Lot Details

  • Level Lot

Parking

  • Garage
  • Open Parking

Home Design

  • Wood Siding

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,288

Year Built

Built in 1940

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2035
  • Year Built: 1940
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: Acres .27

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Heat Pump
  • Heating Description: Heat Pump
  • Utilities Included: Water

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RMH

Tax Info

  • Tax Amount: 2159.90
  • Assessor Parcel Number: R0748249

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.94

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2014
Closed on
Jun 11, 2015
Sold by
Lee Everett M
Bought by
Ramos Ema and Cardenas Melissa
Seller's Agent
Geri Warmanen
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Hugo Gutierrez
Willcuts Company Real Estate
List Price
$179,900
Sold Price
$175,000
Premium/Discount to List
-$4,900
-2.72%
Current Estimated Value
$496,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,099
Avg. Annual Appreciation
10.71%
Original Mortgage
$171,830
Outstanding Balance
$138,323
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$360,230

Purchase Details

Closed on
Oct 31, 2006
Sold by
Lee Everett M
Bought by
Lee Everett M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Ramos Ema $175,000 First American
Lee Everett M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Ema $171,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2015 06/15/15 Sold $175,000 -2.7% $86 / Sq Ft
05/05/2015 05/05/15 Pending -- -- --
10/29/2014 10/29/14 For Sale $179,900 -- $88 / 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 $3,288 $179,260 -- --
2024 $3,172 $174,040 -- --
2023 $3,172 $168,980 $0 $0
2022 $2,774 $168,980 $0 $0
2021 $2,738 $159,290 $0 $0
2020 $2,555 $145,140 $0 $0
2019 $2,499 $140,920 $0 $0
2018 $2,422 $136,820 $0 $0
2017 $2,347 $132,840 $0 $0
2016 $2,281 $128,980 $0 $0
2015 $2,194 $125,230 $0 $0
2014 -- $121,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geri Warmanen

    Seller's Agent in 2015

    Geri Warmanen

    BHHS Oregon- Northwest

    (503) 789-5458

    27 Total Sales

    Geri Warmanen
    Section Image
  • Mark Warmanen

    Seller Co-Listing Agent in 2015

    Mark Warmanen

    BHHS Oregon- Northwest

    (503) 799-9290

    39 Total Sales

    Mark Warmanen
    Section Image

  • H

    Buyer's Agent in 2015

    Hugo Gutierrez

    Willcuts Company Real Estate

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14162575

Regional Multiple Listing Service (RMLS)

APN: R0748249

Oregon Washington County Forest Grove 97116

2118 Kappel Ln, Forest Grove, OR

This home is located at 2118 Kappel Ln, Forest Grove, OR 97116 since 29 October 2014 and is currently estimated at $496,099, approximately $243 per square foot. This property was built in 1940. 2118 Kappel Ln is a home located in Washington County with nearby schools including Fern Hill Elementary School, Neil Armstrong Middle School, and Tom McCall Upper Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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