NOT LISTED FOR SALE

2323 Cedar St Forest Grove, OR 97116

Estimated Value: $485,000 - $1,310,000

12 Beds
10 Baths
2,500 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $636,000 $254 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,083/month

3 Days on Market

Highlights

  • New Construction
  • Zoned Heating
  • 1-Story Property
  • Territorial View
  • Level Lot

About This Home

As of September 2020

Great investment opportunity! Brand New Duplex w/3 bedrooms + 2 baths on each side + a buildable lot for a new home.Bright & Cheerful kitchen w/stainless steel appliances & refrigerator for each unit. Open concept living & dining rm w/sliding glass door out to a small patio. Wonderful master suite w/large walk in closet & full bath w/step in shower. Nice laundry rm. Two assigned parking spaces per unit. Hard to find an opportunity like this w/easy care one level living near Pacific University.

Last Agent to Sell the Property

Sarah Hesselman

Premiere Property Group, LLC License #200109060 Listed on: 08/21/2020

Premiere Property Group, LLC

Last Buyer's Agent

Donald Laid

Century 21 Wright & Assoc. License #971100068

Century 21 Wright & Assoc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $695

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Level Lot
  • Flag Lot

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Territorial Views

Parking

  • Paved Parking
  • Assigned Parking

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • Pacific University Subdivision

Listing and Financial Details

  • Assessor Parcel Number R2070008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$695

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 2020
  • Property Condition: NewConstruction
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Current Price For Status: 636000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: None
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Disclosures: Exempt
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Assigned, Paved
  • Attached Garage: No

Utilities

  • Energy Efficiency Features: DoublePaneWindows,Zoned
  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: RMH
  • Parcel #: R2070008

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 694.71

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 6, 2023
Sold by
Gratteri Romano E
Bought by
J23 Investments Llc
Current Estimated Value
$985,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,002,158
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
-$16,971

Purchase Details

Closed on
Apr 23, 2002
Sold by
Davis Claud E and Davis Virginia R
Bought by
Brown Jerry L and Brown Cheryl S

Purchase Details

Closed on
Nov 3, 1995
Sold by
Central Baptist Church Of Forest Grove
Bought by
Brown Jerry L and Brown Cheryl S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J23 Investments Llc -- First American Title
Brown Jerry L $44,000 Fidelity National Title Co
Brown Jerry L $95,096 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J23 Investments Llc $1,040,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $636,000 +1.8% $254 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
08/21/2020 08/21/20 For Sale $625,000 -- $250 / 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
2026 $10,740 $603,110 -- --
2025 $10,740 $585,550 -- --
2024 $10,361 $568,500 -- --
2023 $10,361 $279,660 $0 $0
2022 $4,590 $279,660 $0 $0
2021 $4,531 $263,620 $0 $0
2020 $3,372 $191,510 $0 $0
2019 $695 $39,180 $0 $0
2018 $673 $38,040 $0 $0
2017 $653 $36,940 $0 $0
2016 $634 $35,870 $0 $0
2015 $610 $34,830 $0 $0
2014 $607 $33,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Hesselman

    Seller's Agent in 2020

    Sarah Hesselman

    Premiere Property Group, LLC

    (503) 313-0748

    195 Total Sales

    Sarah Hesselman
    Section Image

  • D

    Buyer's Agent in 2020

    Donald Laid

    Century 21 Wright & Assoc.

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20028161

Regional Multiple Listing Service (RMLS)

APN: R2070008

Oregon Washington County Forest Grove 97116

2323 Cedar St, Forest Grove, OR

Not Listed for Sale

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