NOT LISTED FOR SALE

416 S 8th Ave Cornelius, OR 97113

Estimated Value: $469,000 - $530,000

5 Beds
2 Baths
1,560 Sq Ft
$322/Sq Ft Est. Value

Last Sold September 03, 2015

Last sale price $125,000 $80 Per Sq Ft

Est. 302% increase in value since last sale

Current estimated payment $2,919/month

31 Days on Market

Highlights

  • Corner Lot
  • Wood Siding
  • 5-minute walk to Harleman Park
  • Storage

About This Home

As of September 2015

Fire Sale! Yes, because it was once on fire, but now ready for a remodel. A shell of a duplex that needs it all. Check with city for tear down and rebuild possibilities. Seller carried terms available with 20% down.

Last Agent to Sell the Property

Veta Holscher

RE/MAX Equity Group License #940700144 Listed on: 07/17/2015

RE/MAX Equity Group

Last Buyer's Agent

Veta Holscher

RE/MAX Equity Group License #940700144 Listed on: 07/17/2015

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Carport
  • Paved Parking

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • Storage

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1560
  • Year Built: 1961
  • Year Built Description: Under Construction
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: ANGEVINE, BLOCK A, LOT 2, ACRES .22
  • Storage: Attached

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Carport, Paved

Utilities

  • Sewer: Public Sewer
  • Water Description: Public

Condo/Co-op/Association

  • Management Name: call agent

Lot Info

  • Lot Description: Corner, Level
  • Zoning: Resid

Tax Info

  • Tax Amount: 2225.25
  • Assessor Parcel Number: R0408268

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Echo Shaw
  • High School: Forest Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2016
Sold by
Leos Roberto and Leos Silvia
Bought by
Martinez Ortega Jose and Leos Martinez Rosa E
Current Estimated Value
$502,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Outstanding Balance
$166,408
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$335,722

Purchase Details

Listed on
Jul 17, 2015
Closed on
Sep 3, 2015
Sold by
Swensen Jay
Bought by
Leos Roberto and Leos Silvia
Seller's Agent
Veta Holscher
RE/MAX Equity Group
Buyer's Agent
Veta Holscher
RE/MAX Equity Group
List Price
$135,000
Sold Price
$125,000
Premium/Discount to List
-$10,000
-7.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.31%
Original Mortgage
$117,000
Interest Rate
3.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 16, 2006
Sold by
Thompson Barry L
Bought by
Swensen Jay

Purchase Details

Closed on
Jul 1, 2005
Sold by
Swensen Jay
Bought by
Thompson Barry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 2005
Sold by
Marble Timothy
Bought by
Swensen Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 28, 1999
Sold by
Hubert Dorothy
Bought by
Coke Carroll W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,920
Interest Rate
9.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Martinez Ortega Jose $210,000 Wfg Title
Leos Roberto $125,000 Lawyers Title
Swensen Jay $177,500 Ticor Title Insurance Compan
Thompson Barry L $167,500 First American
Swensen Jay $137,500 Fatco
Coke Carroll W $129,900 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Ortega Jose $206,196
Previous Owner Leos Roberto $117,000
Previous Owner Thompson Barry L $134,000
Previous Owner Swensen Jay $33,500
Previous Owner Coke Carroll W $103,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2015 09/03/15 Sold $125,000 -7.4% $80 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
07/17/2015 07/17/15 For Sale $135,000 -- $87 / 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
2026 $3,737 $215,120 -- --
2025 $3,737 $208,860 -- --
2024 $3,413 $202,780 -- --
2023 $3,413 $196,880 $0 $0
2022 $3,024 $196,880 $0 $0
2021 $2,989 $185,590 $0 $0
2020 $2,977 $180,190 $0 $0
2019 $2,912 $174,950 $0 $0
2018 $2,823 $169,860 $0 $0
2017 $2,735 $164,920 $0 $0
2016 $2,449 $147,530 $0 $0
2015 $2,305 $143,240 $0 $0
2014 $2,225 $139,070 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Veta Holscher

    Seller's Agent in 2015

    Veta Holscher

    RE/MAX

    (503) 887-3095

    57 Total Sales

    Veta Holscher
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15111801

Regional Multiple Listing Service (RMLS)

APN: R0408268

Oregon Washington County Cornelius 97113

416 S 8th Ave, Cornelius, OR

Not Listed for Sale

MultiFamily

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