NOT LISTED FOR SALE

2617 Pacific Ave Forest Grove, OR 97116

Estimated Value: $320,847

-- Bed
-- Bath
-- Sq Ft
0.35 Acres

Last Sold May 03, 2019

Last sale price $225,000

Est. 43% increase in value since last sale

Current estimated payment $2,074/month

1 Day on Market

About This Home

As of May 2019

Terrific Forest Grove Location with a short walk to Pacific University, downtown shopping, parks and public transportation. This hard to find multi-purpose property is situated on Pacific Avenue in the fast-growing community for Forest Grove. Community Commercial zoning allows for many uses including condos, apartments, retail, office and service oriented business opportunities. All public utilities are available.

Last Agent to Sell the Property

Tim Pearson

MORE Realty License #920300209 Listed on: 04/24/2019

MORE Realty

Last Buyer's Agent

Tim Pearson

MORE Realty License #920300209 Listed on: 04/24/2019

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,470

Lot Details

  • 0.35

Additional Features

  • Level Lot
  • Phone Available

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,470

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Multi Family
  • Remarks Public: Terrific Forest Grove Location with a short walk to Pacific University, downtown shopping, parks and public transportation. This hard to find multi-purpose property is situated on Pacific Avenue in the fast-growing community for Forest Grove. Community Commercial zoning allows for many uses including condos, apartments, retail, office and service oriented business opportunities. All public utilities are available.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FOREST GROVE, BLOCK 13, LOT PT 4

Exterior Features

  • Lot Size: 15,000 to 19,999 SqFt
  • Lot Dimensions: 75 X 201
  • Road Frontage: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Natural Gas Available, Electricity Available, Sewer Available, Water Available, Phone Available

Schools

  • Elementary School: Joseph Gale
  • Middle School: Tom McCall
  • High School: Forest Grove

Lot Info

  • Lot Description: Public Road
  • Acres: 0.35
  • Zoning: CC
  • Number Of Lots Total: 1
  • Present Use: Raw Land
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 3322.08
  • Assessor Parcel Number: R0417855
  • Tax Year: 2018

MLS Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle School: Tom McCall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2019
Closed on
May 1, 2019
Sold by
Tabb Ron A and Tabb Tracy A
Bought by
Lin Jenny
Seller's Agent
Tim Pearson
MORE Realty
Buyer's Agent
Tim Pearson
MORE Realty
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$320,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,847
Avg. Annual Appreciation
5.13%

Purchase Details

Closed on
Dec 19, 2006
Sold by
Bentley Janice R
Bought by
Tabb Ron A and Tabb Tracy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.16%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

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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
Lin Jenny $225,000 First American
Tabb Ron A $275,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tabb Ron A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2019 05/03/19 Sold $225,000 -10.0% --
04/25/2019 04/25/19 Pending -- -- --
04/24/2019 04/24/19 For Sale $249,900 -- --
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 $4,470 $243,700 -- --
2024 $4,312 $236,610 -- --
2023 $4,312 $229,720 $0 $0
2022 $3,771 $229,720 $0 $0
2021 $3,722 $216,540 $0 $0
2020 $3,702 $210,240 $0 $0
2019 $3,568 $204,120 $0 $0
2018 $3,322 $190,800 $0 $0
2017 $3,313 $190,800 $0 $0
2016 $3,183 $183,240 $0 $0
2015 $3,147 $183,240 $0 $0
2014 $3,226 $183,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tim Pearson

    Seller's Agent in 2019

    Tim Pearson

    MORE Realty

    (503) 998-8616

    55 Total Sales

    Tim Pearson
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19527483

Regional Multiple Listing Service (RMLS)

APN: R0417855

Oregon Washington County Forest Grove 97116

2617 Pacific Ave, Forest Grove, OR

This home is located at 2617 Pacific Ave, Forest Grove, OR 97116 since 24 April 2019 and is currently estimated at $320,847. 2617 Pacific Ave 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.

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