NOT LISTED FOR SALE

27041 NW Timber Rd Forest Grove, OR 97116

Estimated Value: $134,856 - $221,000

1.15 Acres
$154,720 Price per Acre
50,094 Sq Ft Lot

Last Sold August 27, 2020

Last sale price $102,000 $126 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,050/month

35 Days on Market

Highlights

  • Private Lot
  • Views
  • Level Lot
  • Wooded Lot

About This Lot

As of August 2020

Beautiful secluded private 1.15 acre property to build your custom home. The property has been cleared and ready for a log cabin or new build. Approximately 35 minutes from Portland, short commute to high tech. Power is located at the street, Water is Timber Water Association.

Last Agent to Sell the Property

Colleen Ritt

Where, Inc License #200604303 Listed on: 06/19/2020

Last Buyer's Agent

Jason Nichols

eXp Realty, LLC License #201207040

eXp Realty, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $815

Lot Details

  • Private Lot
  • Secluded Lot
  • Level Lot
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned EFC

Utilities

  • Septic Tank

Additional Features

  • Property Views

Property Details

Property Type

Land

Est. Annual Taxes

$815

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Single Family Residence
  • Remarks Public: Beautiful secluded private 1.15 acre property to build your custom home. The property has been cleared and ready for a log cabin or new build. Approximately 35 minutes from Portland, short commute to high tech. Power is located at the street, Water is Timber Water Association.
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: ACRES 1.15

Exterior Features

  • Lot Size: 1 to 2.99 Acres
  • View: Trees/Woods
  • View: Yes
  • Road Surface: Paved

Utilities

  • Utilities: Electricity Connected, Septic Tank, Standard Septic, Water Connected

Association/Amenities

  • Existing Structures Description: Barn(s), Storage

Schools

  • Elementary School: Harvey Clark
  • Middle School: Neil Armstrong
  • High School: Forest Grove

Lot Info

  • Lot Description: Cleared, Private, Secluded, Trees, Wooded, Public Road
  • Acres: 1.15
  • Zoning: EFC
  • Number Of Lots Total: 1
  • Present Use: Residential
  • Land Description: Level, Gentle Sloping

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 720.03
  • Assessor Parcel Number: R0832111
  • Tax Year: 2019

MLS Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 26, 2020
Sold by
Wilkes Randall
Bought by
Nichols Jason Paul
Seller's Agent
Colleen Ritt
Where, Inc
Buyer's Agent
Jason Nichols
eXp Realty, LLC
List Price
$140,000
Sold Price
$102,000
Premium/Discount to List
-$38,000
-27.14%
Current Estimated Value
$177,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,928
Avg. Annual Appreciation
7.70%
Original Mortgage
$70,000
Outstanding Balance
$51,737
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$95,522

Purchase Details

Closed on
May 10, 2019
Sold by
Vivid Properties Llc
Bought by
Wilkes Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2019
Sold by
Wieland Kathleen
Bought by
Wieland Andrew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 17, 2014
Sold by
Wieland Andrew L
Bought by
Vivid Properties Llc
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
Nichols Jason Paul $102,000 Chicago Title
Wilkes Randall $70,000 Ticor Title Company Of Or
Wieland Andrew L -- Ticor Title Company Of Or
Vivid Properties Llc $5,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nichols Jason Paul $70,000
Previous Owner Wilkes Randall $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2020 08/27/20 Sold $102,000 -18.4% $126 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 Price Changed $125,000 -10.7% $155 / Sq Ft
06/19/2020 06/19/20 For Sale $140,000 -- $173 / 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 $815 $58,070 -- --
2024 $725 $56,380 -- --
2023 $725 $54,740 $0 $0
2022 $707 $54,740 $0 $0
2021 $688 $51,610 $0 $0
2020 $668 $50,110 $0 $0
2019 $720 $54,870 $0 $0
2018 $701 $53,280 $0 $0
2017 $669 $51,730 $0 $0
2016 $661 $50,230 $0 $0
2015 $633 $48,770 $0 $0
2014 $627 $47,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Colleen Ritt

    Seller's Agent in 2020

    Colleen Ritt

    Where, Inc

    (503) 267-6523

    103 Total Sales

    Section Image
  • Jason Nichols

    Buyer's Agent in 2020

    Jason Nichols

    eXp Realty, LLC

    (971) 570-2079

    81 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20059384

Regional Multiple Listing Service (RMLS)

APN: R0832111

Oregon Washington County Forest Grove 97116

27041 NW Timber Rd, Forest Grove, OR

This home is located at 27041 NW Timber Rd, Forest Grove, OR 97116 since 19 June 2020 and is currently estimated at $177,928, approximately $220 per square foot. 27041 NW Timber Rd is a home located in Washington County with nearby schools including Banks Elementary School, Banks Middle School, and Banks High School.

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