NOT LISTED FOR SALE

251 N 29th Ave Cornelius, OR 97113

Estimated Value: $709,000 - $747,000

8 Beds
4 Baths
3,312 Sq Ft
$219/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $515,000 $155 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,517/month

152 Days on Market

About This Home

As of September 2020

Great Investment property! Cornelius 4plex. Single-level with carports, for easy maintenance. All units have DW, Disposals, and WD-Hookups. 2 units have fireplaces. Unit A with newly updated kitchen, new carpet in bedroom. Unit C newly updated kitchen & bathroom floor & new Pedestal in bathroom. Unit D newly updated Kitchen! Almost all new windows & all updated kitchens have oak cabinets & granite countertops!

Last Listed By

Paiman Jafari

RE/MAX Equity Group License #200307043 Listed on: 02/25/2020

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,522

Year Built

  • Built in 1977

Lot Details

  • 0.3

Parking

  • Carport

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,522

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3312
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Approximately
  • Remarks Public: Great Investment property! Cornelius 4plex. Single-level with carports, for easy maintenance. All units have DW, Disposals, and WD-Hookups. 2 units have fireplaces. Unit A with newly updated kitchen, new carpet in bedroom. Unit C newly updated kitchen & bathroom floor & new Pedestal in bathroom. Unit D newly updated Kitchen! Almost all new windows & all updated kitchens have oak cabinets & granite countertops!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOR-MAR, LOT 2 & PT 9, ACRES .30
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Carport

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Elementary School: Patterson
  • Middle School: Evergreen
  • High School: Glencoe

Lot Info

  • Lot Description: Level
  • Zoning: A2
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Amount: 4418.92
  • Assessor Parcel Number: R0755944
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 17.11

MLS Schools

  • Elementary School: Patterson
  • High School: Glencoe
  • Middle School: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2020
Closed on
Aug 25, 2020
Sold by
Solutins For Your Property Llc
Bought by
Bustamante Ricardo and Bustamante Fela
Seller's Agent
Paiman Jafari
RE/MAX Equity Group
Buyer's Agent
Paiman Jafari
RE/MAX Equity Group
List Price
$689,000
Sold Price
$515,000
Premium/Discount to List
-$174,000
-25.25%
Total Days on Market
152
Current Estimated Value
$724,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,667
Original Mortgage
$386,250
Outstanding Balance
$350,995
Interest Rate
3%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $515,000 -20.6% $155 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
04/30/2020 04/30/20 Price Changed $649,000 -5.8% $196 / Sq Ft
02/25/2020 02/25/20 For Sale $689,000 -- $208 / 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 $5,522 $336,690 -- --
2024 $5,056 $326,890 -- --
2023 $5,056 $317,370 $0 $0
2022 $4,920 $317,370 $0 $0
2021 $4,823 $299,160 $0 $0
2020 $4,550 $279,880 $0 $0
2019 $4,419 $271,730 $0 $0
2018 $4,227 $263,820 $0 $0
2017 $4,072 $256,140 $0 $0
2016 $3,960 $248,680 $0 $0
2015 $3,798 $241,440 $0 $0
2014 $3,668 $234,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paiman Jafari

    Seller's Agent in 2020

    Paiman Jafari

    RE/MAX

    (503) 267-1590

    47 Total Sales

    Paiman Jafari
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20354445

Regional Multiple Listing Service (RMLS)

APN: R0755944

Oregon Washington County Cornelius 97113

251 N 29th Ave, Cornelius, OR

Homes for Sale in Cornelius, OR

This home is located at 251 N 29th Ave, Cornelius, OR 97113 since 25 February 2020 and is currently estimated at $724,667, approximately $218 per square foot. This property was built in 1977. 251 N 29th Ave is a home located in Washington County with nearby schools including Free Orchards Elementary School, Evergreen Jr High School, and Glencoe High School.

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