NOT LISTED FOR SALE

2617 18th Ave Forest Grove, OR 97116

Estimated Value: $491,000 - $669,000

6 Beds
4 Baths
2,244 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $275,000 $123 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,521/month

1 Day on Market

Highlights

  • Landscaped with Trees
  • Wood Siding
  • 4-minute walk to Rogers Park
  • Level Lot
  • 1-Story Property

About This Home

As of July 2016

Very nice, well maintained duplex with rare 3 bed 2 bath floor plans. Quiet street of well kept homes, includes off street parking. Don't miss this!

Last Agent to Sell the Property

Josh Reiter

Josh Reiter Real Estate License #931000122 Listed on: 04/20/2016

Last Buyer's Agent

Sandra Palmer

Mainstream Realtors, LLC License #850100026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,464

Year Built

  • Built in 1999

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Paved Parking
  • Assigned Parking

Additional Features

  • 1-Story Property
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,464

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2244
  • Stories: 1
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FOREST GROVE, BLOCK 17, LOT PT 4

Exterior Features

  • Exterior Description: Wood Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level, Trees
  • Zoning: RMH

Tax Info

  • Tax Amount: 3883.51
  • Assessor Parcel Number: R0418783

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.41

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
Apr 20, 2016
Closed on
Jul 12, 2016
Sold by
Gallegos Enterprise
Bought by
Herbert Alyssa
Seller's Agent
Josh Reiter
Josh Reiter Real Estate
Buyer's Agent
Sandra Palmer
Mainstream Realtors, LLC
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$578,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,422
Avg. Annual Appreciation
9.09%
Original Mortgage
$215,000
Outstanding Balance
$174,355
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$438,295

Purchase Details

Closed on
Feb 6, 2012
Sold by
Gallegos Ronald W and Gallegos Kimberly J
Bought by
Gallegos Enterprises

Purchase Details

Closed on
Dec 20, 2005
Sold by
Francis Tara A
Bought by
Gallegos Ronald W and Gallegos Kimberly J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,500
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 8, 2003
Sold by
The Provident Bank
Bought by
Francis Tara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,650
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 3, 2003
Sold by
Knight Matthew S and Knight Charles L
Bought by
The Provident Bank

Purchase Details

Closed on
Jul 15, 1996
Sold by
Campbell Jimmy L and Campbell William
Bought by
Breen John P and Breen Hilda T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.03%
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
Herbert Alyssa $275,000 Ticor Title
Gallegos Enterprises -- Fidelity Natl Title Co Of Or
Gallegos Ronald W $230,000 Transnation Title Agency Or
Francis Tara A $189,500 Fidelity Natl Title Co Of Or
The Provident Bank $179,900 Fatco
Breen John P $68,000 Stewart Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herbert Alyssa $215,000
Previous Owner Gallegos Ronald W $172,500
Previous Owner Francis Tara A $132,650
Previous Owner Breen John P $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $275,000 0.0% $123 / Sq Ft
04/21/2016 04/21/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $275,000 -- $123 / 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 $5,464 $297,890 -- --
2024 $5,271 $289,220 -- --
2023 $5,271 $280,800 $0 $0
2022 $4,609 $280,800 $0 $0
2021 $4,549 $264,690 $0 $0
2020 $4,525 $256,990 $0 $0
2019 $4,424 $249,510 $0 $0
2018 $4,289 $242,250 $0 $0
2017 $4,156 $235,200 $0 $0
2016 $4,039 $228,350 $0 $0
2015 $3,884 $221,700 $0 $0
2014 $3,850 $215,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16365328

Regional Multiple Listing Service (RMLS)

APN: R0418783