NOT LISTED FOR SALE

3716 22nd Ave Forest Grove, OR 97116

Estimated Value: $516,000 - $540,580

4 Beds
2 Baths
1,672 Sq Ft
$318/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $535,000 $320 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,261/month

Highlights

  • Baseboard Heating
  • High Speed Internet
  • Lap Siding
  • 2 Car Garage
  • Level Lot
  • 1-Story Property

About This Home

As of June 2024

Excellent Investment Opportunity! Well Maintained Single Level 2bd/1bth DUPLEX w/Attached 1 Car Garages. Large yards with covered patios, Quiet street, close to Pacific University and Downtown Forest Grove with easy access to hwy 47. All vinyl windows, new roof in 2018, remodeled in 2020. Rents are under market. No sign on property. Please do not go onto property without permission or disturb the tenants. THX!

Last Agent to Sell the Property

Tim Hardy

Keller Williams Realty Professionals License #980800192 Listed on: 04/25/2024

Keller Williams Realty Professionals

Last Buyer's Agent

Tim Hardy

Keller Williams Realty Professionals License #980800192 Listed on: 04/25/2024

Keller Williams Realty Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1971

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,672 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 R750903

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $7,996
  • Gross Income $25,842
  • Net Operating Income $17,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,372

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: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: 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
  • Security: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: FG-RMH
  • Lot Size Acres: 0.2
  • Lot Size: 8,886 sqft
  • Lot Size Sq Ft: 8712.0
  • Parcel #: R750903

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3371.97

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.09
  • Annual Gross Income: 25842.0
  • Property Net Operating Income: 17846.0
  • Annual Operating Expense: 7996.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2024
Closed on
May 24, 2024
Sold by
Rhodora Properties Llc
Bought by
Gonzalez Hugo Armando Cald and Gonzalez Veronica Calderon
Seller's Agent
Tim Hardy
Keller Williams Realty Professionals
Buyer's Agent
Tim Hardy
Keller Williams Realty Professionals
List Price
$545,000
Sold Price
$535,000
Premium/Discount to List
-$10,000
-1.83%
Total Days on Market
0
Views
1
Current Estimated Value
$531,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,855
Avg. Annual Appreciation
-0.71%
Original Mortgage
$525,309
Outstanding Balance
$521,032
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$10,113

Purchase Details

Closed on
Sep 27, 2022
Sold by
Joseph Tanner
Bought by
Rhodora Properties Llc

Purchase Details

Closed on
May 5, 2022
Sold by
Rhodora 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
$346,500
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2020
Sold by
Tanner Joseph E and Rhodoro 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
$263,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2018
Sold by
Tanner Joe A and Tanner Judy M
Bought by
Rhonda Properties Llc

Purchase Details

Closed on
Aug 24, 2017
Sold by
Tanner Joseph
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
$170,000
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2015
Sold by
Rhodora Properties Llc
Bought by
Tanner Joseph

Purchase Details

Closed on
Dec 18, 2006
Sold by
Tanner Joseph E
Bought by
Rhodora Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,400
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 24, 2006
Sold by
Tanner Joseph E
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
$76,400
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Hugo Armando Cald $535,000 Wfg Title
Rhodora Properties Llc -- --
Tanner Joseph -- Lawyers Title
Tanner Joe E -- First American
Rhonda Properties Llc -- None Available
Tanner Joe E -- Lawyers Title
Tanner Joseph -- None Available
Rhodora Properties Llc -- None Available
Tanner Joe E -- Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Hugo Armando Cald $525,309
Previous Owner Tanner Joseph $346,500
Previous Owner Tanner Joe E $263,200
Previous Owner Tanner Joe E $170,000
Previous Owner Tanner Joe E $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $535,000 -1.8% $320 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/25/2024 04/25/24 For Sale $545,000 -- $326 / 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 $3,495 $190,560 -- --
2024 $3,372 $185,010 -- --
2023 $3,372 $179,630 $0 $0
2022 $2,948 $179,630 $0 $0
2021 $2,910 $169,330 $0 $0
2020 $2,895 $164,400 $0 $0
2019 $2,830 $159,620 $0 $0
2018 $2,744 $154,980 $0 $0
2017 $2,659 $150,470 $0 $0
2016 $2,584 $146,090 $0 $0
2015 $2,485 $141,840 $0 $0
2014 $2,473 $137,710 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24071120

Regional Multiple Listing Service (RMLS)

APN: R0750903