NOT LISTED FOR SALE

2651 SE River Rd Hillsboro, OR 97123

South Hillsboro Neighborhood

Estimated Value: $532,000 - $587,779

6 Beds
4 Baths
2,240 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $365,000 $163 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,371/month

8 Days on Market

Highlights

  • Storage
  • Garage
  • Level Lot

About This Home

As of May 2018

Wonderful opportunity to purchase a duplex as an investment. Live in one unit and rent out the other or rent both. Duplex could use some TLC but otherwise, good location and nice floor plan. Duplex has some deferred maintenance but otherwise great location and opportunity.

Last Agent to Sell the Property

Judy Adler

Windermere Heritage License #870300184 Listed on: 04/11/2018

Windermere Heritage

Last Buyer's Agent

Iris Zou

MORE Realty License #200305037

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,855

Year Built

  • Built in 1972

Lot Details

  • 7,841

Parking

  • Garage
  • Open Parking

Interior Spaces

  • 2-Story Property
  • Storage
  • Range

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by No Management. Call LA

Listing and Financial Details

  • Rent includes heat, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,855

Year Built

Built in 1972

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2240
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Approximately
  • Remarks Public: Wonderful opportunity to purchase a duplex as an investment. Live in one unit and rent out the other or rent both. Duplex could use some TLC but otherwise, good location and nice floor plan. Duplex has some deferred maintenance but otherwise great location and opportunity.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROSHAK PARK, LOT 3, ACRES .18
  • Storage: Locked

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Garage

Utilities

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

Condo/Co-op/Association

  • Management Name: No Management. Call LA
  • Unit Features: Range, Refrigerator, Unfurnished

Schools

  • Elementary School: Minter Bridge
  • Middle School: South Meadows
  • High School: Hillsboro

Lot Info

  • Lot Description: Level
  • Zoning: MFR-1

Rental Info

  • Rent Includes: Heat, Water

Tax Info

  • Tax Amount: 2984.91
  • Assessor Parcel Number: R0332027

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.25

MLS Schools

  • Elementary School: Minter Bridge
  • High School: Hillsboro
  • Middle School: South Meadows

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2018
Closed on
May 1, 2018
Sold by
Herinckx Heidi
Bought by
Chen Weijun and Huang Xiaolou
Seller's Agent
Judy Adler
Windermere Heritage
Buyer's Agent
Iris Zou
MORE Realty
List Price
$349,900
Sold Price
$365,000
Premium/Discount to List
$15,100
4.32%
Current Estimated Value
$560,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,945
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Aug 19, 2014
Sold by
Herinckx Mathew B
Bought by
Herinckx William G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2006
Sold by
Herinckx Mathew B and Herinckx Teresa M
Bought by
Herinckx Mathew B and Herinckx William G

Purchase Details

Closed on
Aug 9, 2002
Sold by
Herinckx Gerald W
Bought by
Herinckx Mathew B and Herinckx Teresa M

Purchase Details

Closed on
Aug 1, 1996
Sold by
Herinckx Richard J
Bought by
Herinckx Gerald W
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
Chen Weijun $365,000 Lawyers Title
Herinckx William G $89,000 First American
Herinckx Mathew B -- None Available
Herinckx Mathew B $130,000 --
Herinckx Gerald W $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herinckx William G $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2018 05/04/18 Sold $365,000 +4.3% $163 / Sq Ft
04/19/2018 04/19/18 Pending -- -- --
04/11/2018 04/11/18 For Sale $349,900 -- $156 / 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 $3,855 $235,810 -- --
2024 $3,745 $228,950 -- --
2023 $3,745 $222,290 $0 $0
2022 $3,644 $222,290 $0 $0
2021 $3,570 $209,540 $0 $0
2020 $3,493 $203,440 $0 $0
2019 $3,393 $197,520 $0 $0
2018 $3,248 $191,770 $0 $0
2017 $2,985 $177,550 $0 $0
2016 $2,903 $172,380 $0 $0
2015 $2,786 $167,360 $0 $0
2014 $2,770 $162,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Judy Adler

    Seller's Agent in 2018

    Judy Adler

    Windermere Heritage

    (503) 358-5843

    102 Total Sales

    Judy Adler
    Section Image

  • I

    Buyer's Agent in 2018

    Iris Zou

    MORE Realty

    (503) 740-2185

    32 Total Sales

    Iris Zou
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18145763

Regional Multiple Listing Service (RMLS)

APN: R0332027

Oregon Washington County Hillsboro 97123 South Hillsboro

2651 SE River Rd, Hillsboro, OR

This home is located at 2651 SE River Rd, Hillsboro, OR 97123 since 11 April 2018 and is currently estimated at $560,945, approximately $250 per square foot. This property was built in 1972. 2651 SE River Rd is a home located in Washington County with nearby schools including Witch Hazel Elementary School, South Meadows Middle School, and Hillsboro High School.

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