NOT LISTED FOR SALE

2118 Kappel Ln Forest Grove, OR 97116

Estimated Value: $478,000 - $552,000

4 Beds
2 Baths
2,035 Sq Ft
$257/Sq Ft Est. Value

Last Sold June 15, 2015

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

Est. 199% increase in value since last sale

Current estimated payment $3,189/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 Listed By

Geri Warmanen

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

Berkshire Hathaway HomeServices NW Real Estate

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%
Total Days on Market
188
Current Estimated Value
$523,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,275
Avg. Annual Appreciation
11.11%
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

Range of Values:

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ICE

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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

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14162575

Regional Multiple Listing Service (RMLS)

APN: R0748249