NOT LISTED FOR SALE

2326 21st Place Forest Grove, OR 97116

Estimated Value: $789,000 - $910,000

8 Beds
4 Baths
3,504 Sq Ft
$238/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $627,000 $179 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $4,934/month

About This Home

As of October 2020

Solid 4-Plex with long term tenants near Pacific University. All units include washer and dryer hookups, built-in dishwashers, free standing ranges, fridges and fireplaces. On site parking. Fully occupied.

Last Agent to Sell the Property

Brian Porter

Opt License #200305174 Listed on: 09/08/2020

Co-Listed By

Amanda Folkestad

Realty Portland License #200706245

Last Buyer's Agent

Theresa deSousa + Brian Spear

Opt License #200312221

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,168

Year Built

  • Built in 1979

Lot Details

  • 7,841

Parking

  • Open Parking

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes electricity, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,168

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3504
  • Stories: 2
  • Year Built: 1979
  • Property Condition: Approximately
  • Remarks Public: Solid 4-Plex with long term tenants near Pacific University. All units include washer and dryer hookups, built-in dishwashers, free standing ranges, fridges and fireplaces. On site parking. Fully occupied.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: STOKE'S ADDITION, BLOCK 1, LOT 11 & PT 10
  • Basement: None

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Joseph Gale
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Level
  • Zoning: RMH

Rental Info

  • Rent Includes: Electricity, Sewer, Water

Tax Info

  • Tax Amount: 4993.97
  • Assessor Parcel Number: R0747393
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.20

MLS Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 20, 2020
Sold by
Sherwood Larry Donald and Sherwood Kathleen Louise
Bought by
Lambe John and Lambe Maren
Seller's Agent
Brian Porter
Opt
Buyer's Agent
Theresa deSousa + Brian Spear
Opt
List Price
$630,000
Sold Price
$627,000
Premium/Discount to List
-$3,000
-0.48%
Current Estimated Value
$833,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,568
Avg. Annual Appreciation
5.13%
Original Mortgage
$470,250
Outstanding Balance
$421,310
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$381,299

Purchase Details

Closed on
Aug 5, 2014
Sold by
Sherwood Larry Donald and Sherwood Kathleen Louise
Bought by
Sherwood Revocable Living Trust Agreemen

Purchase Details

Closed on
Mar 6, 1995
Sold by
Scheller Denzil and Scheller Lynn C
Bought by
Sherwood Larry D and Sherwood Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Interest Rate
9.21%
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
Lambe John -- First American
Lambe John $627,000 First American
Sherwood Revocable Living Trust Agreemen -- None Available
Sherwood Larry D $165,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambe John $470,250
Previous Owner Sherwood Larry D $148,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $627,000 -0.5% $179 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $630,000 -- $180 / 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 $6,168 $336,270 -- --
2024 $5,950 $326,480 -- --
2023 $5,950 $316,980 $0 $0
2022 $5,203 $316,980 $0 $0
2021 $5,135 $298,790 $0 $0
2020 $5,108 $290,090 $0 $0
2019 $4,994 $281,650 $0 $0
2018 $4,841 $273,450 $0 $0
2017 $4,691 $265,490 $0 $0
2016 $4,559 $257,760 $0 $0
2015 $4,384 $250,260 $0 $0
2014 $4,363 $242,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Porter

    Seller's Agent in 2020

    Brian Porter

    Opt

    (503) 810-2219

    197 Total Sales

    Brian Porter
    Section Image
  • Amanda Folkestad

    Seller Co-Listing Agent in 2020

    Amanda Folkestad

    Realty Portland

    (503) 805-2098

    107 Total Sales

    Amanda Folkestad
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20102231

Regional Multiple Listing Service (RMLS)

APN: R0747393

Oregon Washington County Forest Grove 97116

2326 21st Place, Forest Grove, OR

This home is located at 2326 21st Place, Forest Grove, OR 97116 since 08 September 2020 and is currently estimated at $833,568, approximately $237 per square foot. This property was built in 1979. 2326 21st Place is a home located in Washington County with nearby schools including Joseph Gale Elementary School, Tom McCall Upper Elementary School, and Neil Armstrong Middle 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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