NOT LISTED FOR SALE

3103 Pacific Ave Forest Grove, OR 97116

3 Beds
2 Baths
5,651 Sq Ft
1960 Built

Last Sold June 26, 2023

Last sale price $1,400,000 $248 Per Sq Ft

26 Days on Market

Highlights

  • Corner Lot
  • Zoned Heating
  • Wood Siding
  • Storage
  • Property is near a bus stop
  • 1-Story Property

About This Home

As of June 2023

All units fully rented & occupied. Offer subject interior inspection. Please do not disturb.

Last Agent to Sell the Property

Gina Nguyen

iStar Realty LLC License #200602276 Listed on: 03/16/2023

Last Buyer's Agent

Kyle Hayden

Hayden Group LLC License #200406283

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,489

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding

Interior Spaces

  • 5,651 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Location

  • Property is near a bus stop

Schools

  • Harvey Clark Elementary School
  • Tom Mccall Middle School
  • Forest Grove High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R749408

Community Details

Overview

  • 7 Units

Building Details

  • Gross Income $84,600
  • Net Operating Income $84,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,489

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Approximately
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Harvey Clark
  • High School: Forest Grove
  • Middle Or Junior School: Tom McCall

Lot Info

  • Zoning: COMM
  • Parcel #: R749408

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 5488.83

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 16.55
  • Annual Gross Income: 84600.0
  • Property Net Operating Income: 84600.0

Range of Values:

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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
06/26/2023 06/26/23 Sold $1,400,000 0.0% $248 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
03/16/2023 03/16/23 For Sale $1,400,000 +211.1% $248 / Sq Ft
10/09/2016 10/09/16 Sold $450,000 -5.3% $103 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
02/29/2016 02/29/16 For Sale $475,000 -- $109 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23316793

Regional Multiple Listing Service (RMLS)