NOT LISTED FOR SALE

2311 21st Place Forest Grove, OR 97116

Estimated Value: $836,000 - $1,024,000

-- Bed
-- Bath
3,630 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $995,000 $274 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,506/month

104 Days on Market

Highlights

  • Storage
  • Level Lot
  • 1-Story Property
  • Baseboard Heating

About This Home

As of May 2024

Hard to find four-plex near Pacific University with two 3 bedroom units and two 2 bedroom units. Each unit has been meticulously maintained, offering a cozy and inviting atmosphere with very low maintenance. The layout of the units ensures privacy and comfort, making it an attractive option for tenants, owners and investors! Whether you're an experienced investor, a newcomer to the real estate market or looking for an owner occupied investment, this 4plex offers an excellent opportunity for financial growth. Take advantage of the robust rental market near the college campus and capitalize on the strong demand for quality housing in Forest Grove. Neighboring 4plex is also available, discount offered for dual purchase.

Last Agent to Sell the Property

Jamie Ford

John L. Scott Market Center License #200411128 Listed on: 12/13/2023

John L. Scott Market Center

Last Buyer's Agent

Patricia Kirk

Keller Williams PDX Central License #201219532

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,194

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 3,630 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Carport
  • Paved Parking

Schools

  • Harvey Clark Elementary School
  • Tom Mccall Middle School
  • Forest Grove High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R747375

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $19,699
  • Gross Income $76,440
  • Net Operating Income $56,741

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,194

Year Built

Built in 1963 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1963
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete, Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Paved
  • Attached Garage: No
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle Or Junior School: Tom McCall

Lot Info

  • Zoning: MULTI
  • Parcel #: R747375

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4193.77

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.02
  • Annual Gross Income: 76440.0
  • Property Net Operating Income: 56741.0
  • Annual Operating Expense: 19699.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Apr 30, 2024
Sold by
Clark Richard A and Clark Leslie L
Bought by
Sicard Trust and Sicard
Seller's Agent
Jamie Ford
John L. Scott Market Center
Buyer's Agent
Patricia Kirk
Keller Williams PDX Central
List Price
$995,000
Sold Price
$995,000
Views
59
Current Estimated Value
$952,570

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,430
Avg. Annual Appreciation
0.75%
Original Mortgage
$495,000
Outstanding Balance
$492,786
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$512,780

Purchase Details

Closed on
Feb 5, 2010
Sold by
Clark Allyn S
Bought by
Clark Richard A and Clark Leslie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,500
Interest Rate
5.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2001
Sold by
Jarrell Percy and Jarrell Anna
Bought by
Clark Allyn S and Clark Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,800
Interest Rate
6.91%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 3, 1996
Sold by
Jarrell Percy and Jarrell Anna
Bought by
Jarrell Percy and Jarrell Anna
Source: Public Records

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
Sicard Trust $995,000 Wfg Title
Clark Richard A -- Lawyers Title Insurance Corp
Clark Allyn S $222,000 Transnation Title Commercial
Jarrell Percy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sicard Trust $495,000
Previous Owner Clark Richard A $196,500
Previous Owner Clark Allyn S $199,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $995,000 0.0% $274 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $995,000 0.0% $274 / Sq Ft
01/04/2024 01/04/24 Pending -- -- --
12/13/2023 12/13/23 For Sale $995,000 -- $274 / 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 $5,467 $298,060 -- --
2024 $4,194 $230,110 -- --
2023 $4,194 $223,410 $0 $0
2022 $3,667 $223,410 $0 $0
2021 $3,620 $210,600 $0 $0
2020 $3,600 $204,470 $0 $0
2019 $3,520 $198,520 $0 $0
2018 $3,412 $192,740 $0 $0
2017 $3,307 $187,130 $0 $0
2016 $3,213 $181,680 $0 $0
2015 $3,090 $176,390 $0 $0
2014 $3,075 $171,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23384300

Regional Multiple Listing Service (RMLS)

APN: R0747375