NOT LISTED FOR SALE

388 NW Connell Ave Hillsboro, OR 97124

West Hillsboro Neighborhood

Estimated Value: $663,000 - $818,000

8 Beds
4 Baths
2,880 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $598,000 $208 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $4,355/month

66 Days on Market

Highlights

  • Storage
  • Level Lot
  • 4-minute walk to McKinney Park
  • Guest Parking
  • Lap Siding

About This Home

As of August 2019

100% occupied. Approximately 4300 gross rents. Tenants pay utilities. 2 buildings on one tax lot. Equal size units, each come with 2 beds/bath/fenced patio. Plenty of parking for tenants and guests. And walking distance to downtown Hillsboro and Max station. Updating has been done on both units in the last 3 years. Call for other financials.

Last Agent to Sell the Property

Steve Roesch

NextHome Realty Connection License #980900045 Listed on: 05/21/2019

NextHome Realty Connection

Last Buyer's Agent

Tommy Jedrzejczyk

Epique Realty License #200705280

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,858

Year Built

  • Built in 1964

Lot Details

  • 8,886

Parking

  • Guest Parking
  • Open Parking

Home Design

  • Lap Siding
  • Cedar

Interior Spaces

  • Storage
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,858

Year Built

Built in 1964

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2880
  • Year Built: 1964
  • Property Condition: Approximately
  • Remarks Public: 100% occupied. Approximately 4300 gross rents. Tenants pay utilities. 2 buildings on one tax lot. Equal size units, each come with 2 beds/bath/fenced patio. Plenty of parking for tenants and guests. And walking distance to downtown Hillsboro and Max station. Updating has been done on both units in the last 3 years. Call for other financials.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: GARDEN TRACT ADDITION, BLOCK 14, LOT 11-13
  • Basement: Crawl Space
  • Storage: Attached

Exterior Features

  • Exterior Description: Cedar, Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Guest, Open

Utilities

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

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: McKinney
  • Middle School: Evergreen
  • High School: Glencoe

Lot Info

  • Lot Description: Level
  • Zoning: SCR-MD

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4093.44
  • Assessor Parcel Number: R0763249
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.18

MLS Schools

  • Elementary School: McKinney
  • High School: Glencoe
  • Middle School: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2019
Closed on
Aug 23, 2019
Sold by
Kuchy Dennis M and Kuchy Gregory
Bought by
Marquez Marcelino Marquez
Seller's Agent
Steve Roesch
NextHome Realty Connection
Buyer's Agent
Tommy Jedrzejczyk
Epique Realty
List Price
$625,000
Sold Price
$598,000
Premium/Discount to List
-$27,000
-4.32%
Current Estimated Value
$753,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$155,094
Avg. Annual Appreciation
3.81%

Purchase Details

Closed on
Apr 25, 2008
Sold by
Kuchy Properties Llp
Bought by
Kuchy Dennis M and Kuchy Gregory

Purchase Details

Closed on
Feb 11, 2008
Sold by
Porter Holly L and Porter Ryan L
Bought by
Kuchy Properties Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 1998
Sold by
Pittman John L and Pittman Penny L
Bought by
Lahey Steven P and Lahey Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,200
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Marquez Marcelino Marquez $598,000 Wfg Title
Kuchy Dennis M -- First American
Kuchy Properties Llp $342,500 First American
Lahey Steven P $214,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kuchy Properties Llp $237,000
Previous Owner Lahey Steven P $171,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $598,000 -4.3% $208 / Sq Ft
07/26/2019 07/26/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $625,000 0.0% $217 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/31/2019 05/31/19 For Sale $625,000 0.0% $217 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $625,000 -- $217 / 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 $4,858 $297,220 -- --
2024 $4,720 $288,570 -- --
2023 $4,720 $280,170 $0 $0
2022 $4,592 $280,170 $0 $0
2021 $4,500 $264,090 $0 $0
2020 $4,403 $256,400 $0 $0
2019 $4,276 $248,940 $0 $0
2018 $4,093 $241,690 $0 $0
2017 $3,945 $234,660 $0 $0
2016 $3,837 $227,830 $0 $0
2015 $3,682 $221,200 $0 $0
2014 $3,662 $214,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Roesch

    Seller's Agent in 2019

    Steve Roesch

    NextHome Realty Connection

    (503) 318-6351

    130 Total Sales

    Steve Roesch
    Section Image
  • Tommy Jedrzejczyk

    Buyer's Agent in 2019

    Tommy Jedrzejczyk

    Epique Realty

    (503) 506-4646

    32 Total Sales

    Tommy Jedrzejczyk
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19112820

Regional Multiple Listing Service (RMLS)

APN: R0763249

Oregon Washington County Hillsboro 97124 West Hillsboro

388 NW Connell Ave, Hillsboro, OR

This home is located at 388 NW Connell Ave, Hillsboro, OR 97124 since 21 May 2019 and is currently estimated at $753,094, approximately $261 per square foot. This property was built in 1964. 388 NW Connell Ave is a home located in Washington County with nearby schools including W Verne McKinney Elementary School, Evergreen Jr High School, and Glencoe High School.

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