NOT LISTED FOR SALE

2231 24th Ave Forest Grove, OR 97116

Estimated Value: $752,000 - $792,000

7 Beds
4 Baths
2,941 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 05, 2013

Last sale price $330,000 $112 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,668/month

3 Days on Market

Highlights

  • Fireplace
  • Wood Siding
  • 4-minute walk to Lincoln Park
  • Level Lot

About This Home

As of December 2013

Charming fully occupied 4-plex 1/2 block to Pacific University, Historicaly low vacancy rate. Laundry room with owned machines for extra revenue. Zoned for two more units or use existing structure for storage (1331sqft). Planter boxes and garden area. New roof coming soon. Owner/broker may 1031 exchange at no cost to buyer. Do not disturb tenants, write offers subject to interior inspection.

Last Listed By

Nate Brusselback

Real Pro NW.com License #970800136 Listed on: 10/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,812

Year Built

  • Built in 1901

Lot Details

  • 0.29

Parking

  • Open Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,812

Year Built

Built in 1901

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2941
  • Stories: 2
  • Year Built: 1901
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Stem Wall
  • Legal Description: ACRES .31

Exterior Features

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

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Fireplace, Range, Refrigerator, Window Coverings

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: RMH

Tax Info

  • Tax Amount: 3239.30
  • Assessor Parcel Number: R0744396

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.66

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
Aug 3, 2010
Sold by
M & T Bank
Bought by
Brusselback Investment Properties Llc
Total Days on Market
3
Current Estimated Value
$766,000

Purchase Details

Closed on
Feb 1, 2010
Sold by
Bercovitz Ellen
Bought by
M&T Bank

Purchase Details

Closed on
Dec 13, 2005
Sold by
Austad Knut
Bought by
Bercovitz Ellen M

Purchase Details

Closed on
Aug 23, 2001
Sold by
Detour Julie C and Nelson Julie C
Bought by
Austad Knut and Austad Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,780
Interest Rate
7.09%
Mortgage Type
Seller Take Back

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
Brusselback Investment Properties Llc $140,501 Fidelity Natl Title Co Of Or
M&T Bank $162,491 Accommodation
Bercovitz Ellen M $230,000 Chicago Title Insurance Comp
Austad Knut $179,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kavianian Houshang $247,500
Previous Owner Bercovitz Ellen $231,000
Previous Owner Bercovitz Ellen $33,000
Previous Owner Austad Knut $21,780
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $330,000 -12.0% $112 / Sq Ft
10/26/2013 10/26/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $375,000 -- $128 / 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 $4,812 $262,350 -- --
2024 $4,642 $254,710 -- --
2023 $4,642 $247,300 $0 $0
2022 $4,059 $247,300 $0 $0
2021 $4,007 $233,110 $0 $0
2020 $3,985 $226,330 $0 $0
2019 $3,896 $219,740 $0 $0
2018 $3,777 $213,340 $0 $0
2017 $3,660 $207,130 $0 $0
2016 $3,557 $201,100 $0 $0
2015 $3,420 $195,250 $0 $0
2014 $3,404 $189,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13264424

Regional Multiple Listing Service (RMLS)

APN: R0744396