$545,000
SOLD JUN 20, 2024

3304 22nd Place Forest Grove, OR 97116

-- Bed
-- Bath
1,748 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$312 Per Sq Ft

12 Days on Market

Highlights

  • No HOA
  • Baseboard Heating
  • High Speed Internet
  • Cul-De-Sac
  • 2 Car Garage
  • Level Lot

About This Home

As of June 2024

Fabulous Investment Opportunity Near Pacific University! One Story Duplex with Two, 2 bed 1 bath units separated by attached single car garages! All vinyl double pane windows, newer roof and exterior paint. Newer Kitchen & Bathroom cabs and flooring. Rents are under market. Both units have large fenced yards with covered patios. 3 minute drive to Pacific University & downtown Forest Grove with easy access to Hwy 47. Please do not disturb the tenants or walk the property.

Last Agent to Sell the Property

Tim Hardy

Keller Williams Realty Professionals License #980800192 Listed on: 04/19/2024

Keller Williams Realty Professionals

Last Buyer's Agent

Dorian Franco

Coldwell Banker Bain License #200505072

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,484

Year Built

  • Built in 1971

Lot Details

  • 10,454 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,748 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Joseph Gale 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 R748926

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $7,621
  • Gross Income $33,612
  • Net Operating Income $25,991

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,484

Year Built

Built in 1971

Lot Details

0

Parking

2

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: Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Joseph Gale
  • High School: Forest Grove
  • Middle Or Junior School: Neil Armstrong

Lot Info

  • Zoning: RMH-FG
  • Lot Size Acres: 0.24
  • Lot Size: 10,454 sqft
  • Lot Size Sq Ft: 10454.0
  • Parcel #: R748926

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3484.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.21
  • Annual Gross Income: 33612.0
  • Property Net Operating Income: 25991.0
  • Annual Operating Expense: 7621.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 17, 2024
Sold by
22Nd Place Properties Llc
Bought by
Mora-Torres Sarelia and Polanco Venancio Mora
Seller's Agent
Tim Hardy
Keller Williams Realty Professionals
Buyer's Agent
Dorian Franco
Coldwell Banker Bain
List Price
$545,000
Sold Price
$545,000
Total Days on Market
12
Views
27
Current Estimated Value
$535,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,192
Avg. Annual Appreciation
-1.36%
Original Mortgage
$436,000
Outstanding Balance
$432,765
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$104,830

Purchase Details

Closed on
Sep 27, 2022
Sold by
Joseph Tanner
Bought by
22Nd Place Properties Llc

Purchase Details

Closed on
May 5, 2022
Sold by
22Nd Place Properties Llc
Bought by
Tanner Joseph and Tanner Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2020
Sold by
Tanner Joe E and Tanner Judy M
Bought by
22Nd Place Properties Llc

Purchase Details

Closed on
Sep 28, 2020
Sold by
22Nd Place Properties Llc
Bought by
Tanner Joe E and Tanner Judy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Tanner Joseph and Tanner Judy M
Bought by
22Nd Palce Properties Llc

Purchase Details

Closed on
Aug 24, 2017
Sold by
Tanner Joseph
Bought by
Tanner Joseph and Tanner Judy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
22Nd Place Properties Llc
Bought by
Tanner Joseph

Purchase Details

Closed on
Dec 18, 2006
Sold by
Tanner Joseph E
Bought by
22Nd Place Properties Llc
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $545,000 Wfg Title
Bargain Sale Deed -- --
Bargain Sale Deed -- Lawyers Title
Quit Claim Deed -- None Available
Bargain Sale Deed -- First American
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Lawyers Title
Quit Claim Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,000 New Conventional
Previous Owner $353,500 New Conventional
Previous Owner $273,000 New Conventional
Previous Owner $192,500 New Conventional
Previous Owner $36,400 Credit Line Revolving
Previous Owner $127,400 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2024 06/20/24 Sold $545,000 0.0% $312 / Sq Ft
05/02/2024 05/02/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $545,000 -- $312 / 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 $3,992 $217,640 -- --
2024 $3,484 $228,530 -- --
2023 $3,484 $185,610 $0 $0
2022 $3,047 $185,610 $0 $0
2021 $3,007 $174,970 $0 $0
2020 $2,991 $169,880 $0 $0
2019 $2,925 $164,940 $0 $0
2018 $2,835 $160,140 $0 $0
2017 $2,747 $155,480 $0 $0
2016 $2,670 $150,960 $0 $0
2015 $2,567 $146,570 $0 $0
2014 -- $142,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24571225

Regional Multiple Listing Service (RMLS)

APN: R0748926