Seller's Agent in 2022
Sage Beraka
Think Real Estate
(971) 280-7241
41 Total Sales
2423 12th Ave Forest Grove, OR 97116
Estimated Value: $402,000 - $564,000
4
Beds
2
Baths
1,765
Sq Ft
$286/Sq Ft
Est. Value
Highlights
- Seasonal View
- Level Lot
- 1-Story Property
- Baseboard Heating
About This Home
As of September 2022Amazing investment opportunity in Forest Grove! Sitting on an oversized lot, this classic duplex has a strong rental history with both units currently rented below market value. Each unit includes two bedrooms and one bath, with its own laundry room, off-street parking, and spacious, fenced yard. Ideally situated close to downtown, HWY 47, and nearby wineries!
Last Agent to Sell the Property
Think Real Estate License #201236621 Listed on: 05/19/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,043
Year Built
- Built in 1940 | Remodeled
Lot Details
- Level Lot
Parking
- Carport
Home Design
- Composition Roof
- Vinyl Siding
Interior Spaces
- 1,765 Sq Ft Home
- 1-Story Property
- Seasonal Views
- Crawl Space
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 water
- Assessor Parcel Number R0429058
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $9,991
- Gross Income $25,740
- Net Operating Income $24,710
Matterport 3D Tours
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 1, 2022
Sold by
Lea Tom
Bought by
Schaefer Jonathan Alan and Delfs Mary E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2010
Sold by
U S Bank National Association
Bought by
Lea Tom
Purchase Details
Closed on
Oct 1, 2009
Sold by
Martin Rochelle E
Bought by
Us Bank National Association
Purchase Details
Closed on
Oct 15, 2001
Sold by
Ellis Kaye L
Bought by
Martin Rochelle E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 18, 2001
Sold by
Jones Ralph D and Jones Beatrice D
Bought by
Ellis Kaye L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Schaefer Jonathan Alan | $525,000 | First American Title | |
| Lea Tom | $108,000 | Fidelity Natl Title Co Of Or | |
| Us Bank National Association | $131,250 | Accommodation | |
| Martin Rochelle E | $150,000 | -- | |
| Ellis Kaye L | $108,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schaefer Jonathan Alan | $400,000 | |
| Previous Owner | Martin Rochelle E | $140,000 | |
| Previous Owner | Ellis Kaye L | $105,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/08/2022 09/08/22 | Sold | $525,000 | 0.0% | $297 / Sq Ft |
| 07/05/2022 07/05/22 | Pending | -- | -- | -- |
| 05/19/2022 05/19/22 | For Sale | $525,000 | -- | $297 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $3,655 | $205,250 | -- | -- |
| 2025 | $3,655 | $199,280 | -- | -- |
| 2024 | $3,526 | $193,480 | -- | -- |
| 2023 | $3,526 | $187,850 | $0 | $0 |
| 2022 | $3,083 | $187,850 | $0 | $0 |
| 2021 | $3,043 | $177,070 | $0 | $0 |
| 2020 | $3,027 | $171,920 | $0 | $0 |
| 2019 | $2,960 | $166,920 | $0 | $0 |
| 2018 | $2,869 | $162,060 | $0 | $0 |
| 2017 | $2,780 | $157,340 | $0 | $0 |
| 2016 | $2,702 | $152,760 | $0 | $0 |
| 2015 | $2,598 | $148,320 | $0 | $0 |
| 2014 | $2,586 | $144,000 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Sage Beraka
-
Melissa Harrison
Buyer's Agent in 2022
Melissa Harrison
Keller Williams Sunset Corridor
(503) 548-7560
16 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22018577
APN: R0429058
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
Nearby Homes