$550,000
SOLD JUL 26, 2024

2826 Main St Forest Grove, OR 97116

-- Bed
-- Bath
2,014 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$273 Per Sq Ft

2 Days on Market

Highlights

  • Corner Lot
  • Storage
  • High Speed Internet
  • No HOA
  • Baseboard Heating
  • Gated Home

About This Home

As of July 2024

Excellent investment property near Pacific University & Shops/Restaurants and Lincoln Park. This duplex offers 2 bedrooms and a full bath on each side. New Fence. New gutters being installed. Roof Approximately 7 years old. Double Carport and shop at unit 2826. Extensive remodel of unit 2824 including bathroom, new interior paint, new dishwasher, whole-house plumbing re-pipe with PEX, new heater and thermostats in 2826.

Last Agent to Sell the Property

Louis Jaeger

Lennar Sales Corp License #201220573

Lennar Sales Corp

Last Buyer's Agent

Anita Borgaes

eXp Realty, LLC License #200211111

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,364

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Gated Home
  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,014 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Parking

  • 3 Parking Spaces
  • Carport
  • On-Street Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R743440

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Property managed by Do not disturb tenants

Building Details

  • Operating Expense $7,378
  • Gross Income $31,380
  • Net Operating Income $24,002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,364

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Gated, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, OnStreet
  • Attached Garage: No
  • Total Parking Spaces: 3.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable,FiberOptics
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Do not disturb tenants
  • Association: No

Schools

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

Lot Info

  • Zoning: R7
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7405.0
  • Parcel #: R743440

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4364.05

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.53
  • Annual Gross Income: 31380.0
  • Property Net Operating Income: 24002.0
  • Annual Operating Expense: 7378.0

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $550,000 0.0% $273 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $550,000 -- $273 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,524 $246,630 -- --
2024 $4,364 $239,450 -- --
2023 $4,364 $232,480 $0 $0
2022 $3,816 $232,480 $0 $0
2021 $3,766 $219,140 $0 $0
2020 $3,746 $212,760 $0 $0
2019 $3,663 $206,570 $0 $0
2018 $3,551 $200,560 $0 $0
2017 $3,441 $194,720 $0 $0
2016 $3,344 $189,050 $0 $0
2015 $3,215 $183,550 $0 $0
2014 $3,200 $178,210 $0 $0
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $550,000 Ticor Title
Warranty Deed -- --
Warranty Deed $329,900 None Available
Warranty Deed $176,000 First American
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24655675

Regional Multiple Listing Service (RMLS)

APN: R0743440