NOT LISTED FOR SALE

Estimated Value: $480,000 - $642,592

5 Beds
3 Baths
1,938 Sq Ft
$297/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $540,000 $279 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,272/month

Highlights

  • Wood Flooring
  • Parking Storage or Cabinetry
  • Level Lot
  • Fireplace
  • Garage

About This Home

As of December 2020

Updated 1925 charmer in downtown Hillsboro.


Appx 1288 square feet
3 bedrooms, 1.5 bathroom, Stainless steel: dishwasher, double door refrigerator, built-in microwave, portable AC unit and gas stove
2 off street parking spaces
Your own full sized washer and dryer
Additional half bathroom
Shared large backyard with garden box for planting Covered grill, patio table chairs and fire pit
Storage area

Enter your private driveway on 1st Ave where you will enjoy tandem parking for 2 vehicles. The home has just been completely renovated ! The open concept living room faces the kitchen and dining area. In the kitchen there is open shelving and lots of counter space for that modern look. For those who love to cook, a gourmet gas stove with grill and built-in microwave and spacious refrigerator .
The main bedroom has all the original 1925 built-in bookshelves (no closet). The second and their bedrooms each have nicely sized closets for storage. The bathroom has a modern feel with a floating vanity and high shelving for extra storage.

This home shares a laundry area with 2 full size washer and dryer units with the owner who lives in the ADU that is located behind the main house. Located just past the washer and dryer is your own storage area. There is a second bathroom between the laundry and storage. There is an amazing shared back yard space complete with your own dedicated garden box, , fire pit and patio furniture.

There are two off-street parking spots in the driveway (for tandem parking) in front of the home. Residents pay for all utilities: electricity, gas, and trash. Water and sewer is billed back once bill comes in. Smoking policy: no smoking, no vaping. Pet policy: 1 small dog under 25 lbs, or caged pets welcome with $500 additional deposit. Requires good pet reference from your previous residence or vet. No cats and no aquariums over 5 gallons.

Superb location, central Hillsboro is known for being a walkable place and in under .3 miles there are multiple restaurants, coffee shops, and more. Walk out your front door and be at the Hillsboro farmers market or downtown in minutes !!! Here are a few of my favorite things about this the neighborhood:
-1/2 block to Bagley Park
-.2 miles to the Hillsboro Farmer’s Market on NE Lincoln St
-close to downtown and MAX Blue Line Stop at Mark O Hatfield Government Station, and 5 Trimet lines
-hiking and birdwatching nearby and Jackson Bottom Wetlands

In person tours by appointment only: (subject to proof of income of at least 3 times the rent prior to viewing).

Details:
Rent: $2,100.00
Deposit $1,500 (based on credit, income, and rental verification)
Pet deposit - $500 (one dog under 25lbs, or caged pets welcome)
Lease - 1 year
Renter's Insurance - REQUIRED
Move in date -Within 30 days of application

I am looking for an appreciative resident(s) who will take care of this home as if it were their own.

Last Agent to Sell the Property

Ian Crist

Bridge Creek Realty License #201220465 Listed on: 10/07/2020

Last Buyer's Agent

Melissa Hartvigsen

Redfin License #201218339

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 9,148

Home Design

  • Slab Foundation
  • Wood Composite

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Wood Flooring
  • Basement Storage
  • Dishwasher

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes electricity, gas, heat, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,700

Year Built

Built in 1925 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1938
  • Stories: 2
  • Year Built: 1925
  • Property Condition: Updated/Remodeled
  • Remarks Public: Had to find investment opportunity in Hillsboro! Both units are fully remodeled and is recognized as SFR with attached ADU. One unit is currently rented and because of complete renovation, unit 2 will command premium market rates. Property has hard to find laundry and half bath conveniently located in common space between units. Beautiful, private backyard. Separate driveways and off street parking for both units. Individual electric meters and Panels. Separate garage for additional income.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PETERS ADDITION TO HILLSBORO, LOT 1
  • Basement: Storage Space
  • Storage: Garage(s), Basement

Exterior Features

  • Exterior Description: Wood Composite
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: Slab
  • Road Surface: Gravel, Paved

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Fireplace, Hardwood Floors

Schools

  • Middle School: Brown
  • High School: Glencoe

Lot Info

  • Lot Description: Level
  • Zoning: SRC-MD

Rental Info

  • Rent Includes: Electricity, Gas, Heat, Water

Tax Info

  • Tax Amount: 2083.69
  • Assessor Parcel Number: R0701299
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.45

MLS Schools

  • High School: Glencoe
  • Middle School: Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Dec 3, 2020
Sold by
P Q Ventures Llc
Bought by
Eubank Thomas L
Seller's Agent
Ian Crist
Bridge Creek Realty
Buyer's Agent
Melissa Hartvigsen
Redfin
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$576,398

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,398
Avg. Annual Appreciation
1.35%
Original Mortgage
$486,000
Outstanding Balance
$433,457
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$142,942

Purchase Details

Closed on
Dec 17, 2019
Sold by
Sfa Commercial Llc
Bought by
P & Q Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,555
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 26, 2018
Closed on
Mar 6, 2019
Sold by
Maldonado Roberto Leos
Bought by
All Pro Reo Preservation & Repair Llc
Seller's Agent
Alex Londero
Keller Williams Realty Portland Premiere
Buyer's Agent
Samih Sadaka
Sadaka Realty LLC
List Price
$257,000
Sold Price
$210,000
Premium/Discount to List
-$47,000
-18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.42%
Original Mortgage
$258,585
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 26, 2018
Closed on
Feb 26, 2019
Sold by
Heikes Dwayne E and Dwayne E Heikes Trust
Bought by
Maldonado Roberto Leos
Seller's Agent
Alex Londero
Keller Williams Realty Portland Premiere
Buyer's Agent
Samih Sadaka
Sadaka Realty LLC
List Price
$257,000
Sold Price
$210,000
Premium/Discount to List
-$47,000
-18.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,585
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 16, 2012
Sold by
Heikes Dwayne E
Bought by
Heikes Dwayne E and Dwayne E Heikes Trust

Purchase Details

Closed on
Jan 16, 2003
Sold by
Santesson Robert A and Santesson Susan I
Bought by
Heikes Dwayne E

Purchase Details

Closed on
Jun 26, 1996
Sold by
Va
Bought by
Santesson Robert A and Santesson Susan I
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
Eubank Thomas L $540,000 Wfg Title
P & Q Ventures Llc $209,000 Wfg Title
All Pro Reo Preservation & Repair Llc $210,000 Ticor Title
Maldonado Roberto Leos -- Ticor Title
Heikes Dwayne E -- None Available
Heikes Dwayne E $130,000 Fidelity Natl Title Co Of Or
Santesson Robert A $35,177 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eubank Thomas L $486,000
Previous Owner P & Q Ventures Llc $291,555
Previous Owner All Pro Reo Preservation & Repair Llc $258,585
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2024 10/01/24 For Rent $2,100 0.0% --
12/07/2020 12/07/20 Sold $540,000 0.0% $279 / Sq Ft
10/21/2020 10/21/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $540,000 +157.1% $279 / Sq Ft
03/06/2019 03/06/19 Sold $210,000 -18.3% $108 / Sq Ft View Prior Sale
02/01/2019 02/01/19 Pending -- -- --
11/26/2018 11/26/18 For Sale $257,000 -- $133 / 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 $2,700 $165,180 -- --
2024 $2,623 $160,370 -- --
2023 $2,623 $155,700 $0 $0
2022 $2,552 $155,700 $0 $0
2021 $4,017 $235,780 $0 $0
2020 $2,145 $124,930 $0 $0
2019 $2,084 $121,300 $0 $0
2018 $1,995 $117,770 $0 $0
2017 $1,922 $114,340 $0 $0
2016 $1,870 $111,010 $0 $0
2015 $1,794 $107,780 $0 $0
2014 $1,784 $104,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20124156

Regional Multiple Listing Service (RMLS)

APN: R0701299