NOT LISTED FOR SALE

3218 22nd Place Forest Grove, OR 97116

Estimated Value: $492,000 - $591,000

2 Beds
1 Bath
1,704 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 15, 2017

Last sale price $332,000 $195 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,275/month

33 Days on Market

About This Home

As of May 2017

Well cared for investment in Forest Grove! No City of Portland! Clean and neat, kitchens redone, new 30 yr. architectural comp roof, new exterior staircase and paint. Currently rented at $975.00 (under market) Buyer to do own due diligence regarding extra lot - possible construction of 7-8 additional units. Call Agent for details.

Last Listed By

Kathryn Opp

MORE Realty License #201205279 Listed on: 02/24/2017

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,651

Year Built

  • Built in 1982

Lot Details

  • 0.27

Parking

  • Paved Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,651

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1704
  • Stories: 2
  • Year Built: 1982
  • Remarks Public: Well cared for investment in Forest Grove! No City of Portland! Clean and neat, kitchens redone, new 30 yr. architectural comp roof, new exterior staircase and paint. Currently rented at $975.00 (under market) Buyer to do own due diligence regarding extra lot - possible construction of 7-8 additional units. Call Agent for details.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: MCCUE SUBDIVISION, LOT 8
  • Basement: None

Exterior Features

  • Exterior Description: T-111 Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Paved

Utilities

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

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Disposal, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove

Lot Info

  • Zoning: Multi
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2698.70
  • Assessor Parcel Number: R0748953

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.53

MLS Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2020
Sold by
Vantage Homes Llc
Bought by
Turk Investments Llc
Total Days on Market
33
Current Estimated Value
$533,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,250
Outstanding Balance
$229,351
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$278,712

Purchase Details

Closed on
Oct 31, 2019
Sold by
Lakeview Loan Servicing Llc
Bought by
Vantage Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$246,516
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2019
Sold by
Hernandez Francisco Gonzalez
Bought by
Lakeview Loan Servicing Llc

Purchase Details

Listed on
Feb 24, 2017
Closed on
May 12, 2017
Sold by
Dmh Property Management Llc
Bought by
Hernandez Francisco Gonzalez
Seller's Agent
Kathryn Opp
MORE Realty
Buyer's Agent
Eddie Chanez
All Professionals Real Estate
List Price
$340,000
Sold Price
$332,000
Premium/Discount to List
-$8,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$325,986
Interest Rate
4.14%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 12, 2016
Sold by
Hansen Karl R and Hansen Diane M
Bought by
Dmh Property Management Llc

Purchase Details

Closed on
Jan 25, 2016
Sold by
Massaad Gaby C
Bought by
Hansen Karl R and Hansen Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Widyaratne Satyajit J
Bought by
Massaad Gaby C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,500
Interest Rate
6.57%
Mortgage Type
Unknown

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Turk Investments Llc -- Lawyers Title Of Oregon Llc
Vantage Homes Llc $298,808 Servicelink
Lakeview Loan Servicing Llc $316,800 None Available
Hernandez Francisco Gonzalez $332,000 Wfg Title
Dmh Property Management Llc -- None Available
Hansen Karl R $255,000 Wfg Title
Massaad Gaby C $235,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Turk Investments Llc $250,250
Previous Owner Vantage Homes Llc $246,516
Previous Owner Hernandez Francisco Gonzalez $325,986
Previous Owner Hansen Karl R $135,000
Previous Owner Massaad Gaby C $198,750
Previous Owner Massaad Gaby C $164,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2017 05/15/17 Sold $332,000 -2.4% $195 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $340,000 -- $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 $3,651 $199,030 -- --
2024 $3,522 $193,240 -- --
2023 $3,522 $187,620 $0 $0
2022 $3,080 $187,620 $0 $0
2021 $3,040 $176,860 $0 $0
2020 $3,023 $171,710 $0 $0
2019 $2,956 $166,710 $0 $0
2018 $2,865 $161,860 $0 $0
2017 $2,777 $157,150 $0 $0
2016 $2,699 $152,580 $0 $0
2015 $2,595 $148,140 $0 $0
2014 $2,583 $143,830 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17627237

Regional Multiple Listing Service (RMLS)

APN: R0748953