Seller's Agent in 2024
Stephen Malfa
Real Broker
(503) 319-4759
72 Total Sales
2813 22nd Ave Forest Grove, OR 97116
Estimated Value: $749,000 - $890,000
6
Beds
4
Baths
2,862
Sq Ft
$288/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- 4 Car Garage
- Wood Siding
- Forced Air Heating and Cooling System
- Level Lot
- 1-Story Property
About This Home
As of July 2024BUILDING POTENTIAL: This premium duplex on 2813 22nd Ave stands as a testament to quality and potential. Spanning 2862 sqft, each single-level ranch-style unit offers 3 bedrooms, 2 baths, and a spacious kitchen, all laid on gleaming hardwood floors. The central heating and cooling system ensures year-round comfort. All new plumbing was recently installed throughout the whole building. Outdoors, each unit boasts a deck overlooking a huge privately fenced yard. A historic barn adds character, while the driveway and 2-car garage for each unit provide ample parking. Located just blocks from parks and the historic downtown of Forest Grove, the property's location is prime. But it's the future potential that truly sets this duplex apart. Set on a 0.72 acre lot zoned for RMH Medium-High Density Residential, there's a significant opportunity for expansion. Seller has plans already drawn up for an additional 5plex and city says there's potential for even more units, this isn't just a purchase; it's an investment with huge growth potential and a rare find. Buyer to do due diligence on zoning and building potential. Please do not disturb tenants. Ask about owner occupancy potential.
Last Agent to Sell the Property
Real Broker Brokerage Phone: 503-319-4759 License #201211048 Listed on: 09/07/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,688
Year Built
- Built in 1996
Lot Details
- Level Lot
- Flag Lot
Home Design
- Composition Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,862 Sq Ft Home
- 1-Story Property
- Crawl Space
Parking
- 4 Car Garage
- RV Access or Parking
Schools
- Fern Hill Elementary School
- Neil Armstrong Middle School
- Forest Grove High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number R2043893
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $35,089
- Gross Income $48,050
- Net Operating Income $42,778
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2023
Closed on
Jul 5, 2024
Sold by
Mccarty Family Trust and Mccarty Michael T
Bought by
Pedrisco Palominos Agustina and Cuellar Pedrisco Fidencio
Seller's Agent
Stephen Malfa
Real Broker
Buyer's Agent
Eleuterio Acosta
Rose City Realty
List Price
$890,000
Sold Price
$890,000
Views
182
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,333
Avg. Annual Appreciation
-5.35%
Original Mortgage
$801,000
Outstanding Balance
$792,142
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$41,525
Purchase Details
Listed on
Sep 7, 2016
Closed on
Nov 2, 2016
Sold by
Prutch Toni Eileen
Bought by
Mccarty Michael T and Mccarty Karen J
Seller's Agent
Matt Crile
Windermere West LLC
Buyer's Agent
Leslie Hilbert
Keller Williams Sunset Corridor
List Price
$595,000
Sold Price
$573,000
Premium/Discount to List
-$22,000
-3.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%
Purchase Details
Closed on
Feb 4, 2005
Sold by
Prutch Toni Eileen
Bought by
Prutch Toni Eileen
Purchase Details
Closed on
Oct 8, 2004
Sold by
Margaret V Wyatt 1993 Trust and Wyatt Hugh M
Bought by
Wyatt Hugh M and Hugh M Wyatt Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Pedrisco Palominos Agustina | $890,000 | Fidelity National Title | |
| Mccarty Michael T | $573,000 | First American | |
| Prutch Toni Eileen | -- | -- | |
| Wyatt Hugh M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Pedrisco Palominos Agustina | $801,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2024 07/18/24 | Sold | $890,000 | 0.0% | $311 / Sq Ft |
| 05/15/2024 05/15/24 | Pending | -- | -- | -- |
| 09/07/2023 09/07/23 | For Sale | $890,000 | +55.3% | $311 / Sq Ft |
| 11/07/2016 11/07/16 | Sold | $573,000 | -3.7% | $200 / Sq Ft |
| 09/20/2016 09/20/16 | Pending | -- | -- | -- |
| 09/07/2016 09/07/16 | For Sale | $595,000 | -- | $208 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $9,115 | $496,940 | -- | -- |
| 2024 | $8,793 | $482,470 | -- | -- |
| 2023 | $8,793 | $468,420 | $0 | $0 |
| 2022 | $7,688 | $468,420 | $0 | $0 |
| 2021 | $7,589 | $441,540 | $0 | $0 |
| 2020 | $7,548 | $428,680 | $0 | $0 |
| 2019 | $7,380 | $416,200 | $0 | $0 |
| 2018 | $7,153 | $404,080 | $0 | $0 |
| 2017 | $6,932 | $392,320 | $0 | $0 |
| 2016 | $6,699 | $380,900 | $0 | $0 |
| 2015 | $6,351 | $369,810 | $0 | $0 |
| 2014 | $6,390 | $361,450 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Stephen Malfa
-
Eleuterio Acosta
Buyer's Agent in 2024
Eleuterio Acosta
Rose City Realty
(971) 506-9560
141 Total Sales
-
Matt Crile
Seller's Agent in 2016
Matt Crile
Windermere West LLC
(503) 349-4884
139 Total Sales
-
Kerry Crile
K
Seller Co-Listing Agent in 2016
Kerry Crile
Windermere West LLC
(503) 648-1169
67 Total Sales
-
Leslie Hilbert
Buyer's Agent in 2016
Leslie Hilbert
Keller Williams Sunset Corridor
(503) 270-5700
3 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23046275
APN: R2043893
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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