NOT LISTED FOR SALE

2784 N Barlow Ct Cornelius, OR 97113

Estimated Value: $714,738 - $791,000

8 Beds
4 Baths
3,600 Sq Ft
$206/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $730,000 $203 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,597/month

4 Days on Market

About This Home

As of March 2022

Great cash flow from this 4-plex located on a quiet street between Hillsboro and Cornelius with close proximity to Fred Meyer, movie theater, and the bus line. All are 2 bedrooms, 1 bathroom units with laundry, carport parking, back patio, and storage closet. A brand new roof was installed along with added ventilation.Income/Expense records are available upon request.

Last Listed By

Clint Currin

RE/MAX Equity Group License #910700231 Listed on: 02/04/2022

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,281

Year Built

  • Built in 1978

Lot Details

  • 0.88

Parking

  • Carport

Home Design

  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 4 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,281

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3600
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Approximately
  • Remarks Public: Great cash flow from this 4-plex located on a quiet street between Hillsboro and Cornelius with close proximity to Fred Meyer, movie theater, and the bus line. All are 2 bedrooms, 1 bathroom units with laundry, carport parking, back patio, and storage closet. A brand new roof was installed along with added ventilation.Income/Expense records are available upon request.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LOR-MAR NO.3, LOT 23 1N334DC03300
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10K-14,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

  • Elementary School: Free Orchards
  • Middle School: Evergreen
  • High School: Glencoe

Lot Info

  • Zoning: A2

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Amount: 4410.89
  • Assessor Parcel Number: R0756211
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 16.58

MLS Schools

  • Elementary School: Free Orchards
  • High School: Glencoe
  • Middle School: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2022
Closed on
Mar 28, 2022
Sold by
David Martinez Irad
Bought by
Jbs Living Trust
Seller's Agent
Clint Currin
RE/MAX Equity Group
Buyer's Agent
Rome Mortera
Kelly Right Real Estate of Portland, LLC
List Price
$720,000
Sold Price
$730,000
Premium/Discount to List
$10,000
1.39%
Total Days on Market
4
Current Estimated Value
$742,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,685
Avg. Annual Appreciation
0.37%
Original Mortgage
$547,500
Outstanding Balance
$521,056
Interest Rate
4.42%
Mortgage Type
FHA
Estimated Equity
$217,455

Purchase Details

Closed on
Oct 5, 2012
Sold by
Martinez Joseph I and Martinez Irad David
Bought by
Martinez Irad David

Purchase Details

Closed on
Oct 14, 2003
Sold by
Richards Suzanne R
Bought by
Martinez Joseph I and Martinez Irad David

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
Jbs Living Trust $730,000 First American Title
Martinez Irad David -- None Available
Martinez Joseph I $248,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jbs Living Trust $547,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $730,000 +1.4% $203 / Sq Ft
02/08/2022 02/08/22 Pending -- -- --
02/04/2022 02/04/22 For Sale $720,000 -- $200 / 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 $5,281 $321,940 -- --
2024 $4,835 $312,570 -- --
2023 $4,835 $303,470 $0 $0
2022 $4,704 $303,470 $0 $0
2021 $4,506 $279,480 $0 $0
2020 $4,411 $271,340 $0 $0
2019 $4,284 $263,440 $0 $0
2018 $4,098 $255,770 $0 $0
2017 $3,947 $248,330 $0 $0
2016 $3,840 $241,100 $0 $0
2015 $3,682 $234,080 $0 $0
2014 $3,556 $227,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22452719

Regional Multiple Listing Service (RMLS)

APN: R0756211