NOT LISTED FOR SALE

420 N 13th Ave Cornelius, OR 97113

Estimated Value: $720,490 - $780,000

8 Beds
4 Baths
3,520 Sq Ft
$213/Sq Ft Est. Value

Last Sold May 16, 2012

Last sale price $186,900 $53 Per Sq Ft

Est. 301% increase in value since last sale

Current estimated payment $4,557/month

15 Days on Market

About This Home

As of May 2012

Bank owned, sold as-is. 4 plex. All offers must include completed homesteps check list, copy of earnest money check (cashiers check), and preapproval letter or proof of funds. 2 year homesteps home warranty available for qualified owner occupant. Freddie Mac First Look Initiative good through 4/11/12

Last Listed By

Peter Andrews

Coldwell Banker Bain License #911200143 Listed on: 03/27/2012

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,400

Year Built

  • Built in 1973

Lot Details

  • 7,405

Parking

  • Open Parking

Home Design

  • Vinyl Siding

Additional Features

  • 2-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,400

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3520
  • Stories: 2
  • Year Built: 1973
  • Year Built Description: Existing
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: TALBOT'S ADDITION TO CORNELIUS, BLOCK 9, LOT 4 & PT

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Schools

  • Elementary School: Cornelius
  • High School: Forest Grove

Lot Info

  • Lot Description: Level
  • Zoning: multi

Tax Info

  • Tax Amount: 2668.63
  • Assessor Parcel Number: R0753660

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 4

MLS Schools

  • Elementary School: Cornelius
  • High School: Forest Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 21, 2014
Sold by
Fattom Mazouz A
Bought by
Work Paul
Total Days on Market
15
Current Estimated Value
$748,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
4.32%
Mortgage Type
Balloon

Purchase Details

Listed on
Mar 27, 2012
Closed on
May 1, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Fattom Mazouz A
Seller's Agent
Peter Andrews
Coldwell Banker Bain
Buyer's Agent
Peter Andrews
Coldwell Banker Bain
List Price
$186,900
Sold Price
$186,900

Purchase Details

Closed on
Oct 28, 2011
Sold by
Suntrust Mortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 20, 2011
Sold by
Raymond M Dale and Raymond Julie M
Bought by
Suntrust Mortgage Inc

Purchase Details

Closed on
Mar 29, 2006
Sold by
Borgaes Lee and Borgaes Gloria
Bought by
Raymond M Dale and Raymond Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,750
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 15, 2005
Sold by
Wasserman Howard D
Bought by
Borgaes Lee and Borgaes Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Work Paul $370,000 First American Title
Fattom Mazouz A $186,900 Stewart Title
Federal Home Loan Mortgage Corporation -- First American
Suntrust Mortgage Inc $251,491 First American
Raymond M Dale $342,500 Fidelity National Title Co
Borgaes Lee $173,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Work Paul $257,950
Closed Work Paul $277,500
Previous Owner Fattom Mazouz A $175,000
Previous Owner Raymond M Dale $239,750
Previous Owner Borgaes Lee $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2012 05/16/12 Sold $186,900 0.0% $53 / Sq Ft
04/11/2012 04/11/12 Pending -- -- --
03/27/2012 03/27/12 For Sale $186,900 -- $53 / 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 $4,400 $245,910 -- --
2024 $4,019 $238,750 -- --
2023 $4,019 $231,800 $0 $0
2022 $3,561 $231,800 $0 $0
2021 $3,518 $218,500 $0 $0
2020 $3,505 $212,140 $0 $0
2019 $3,429 $205,970 $0 $0
2018 $3,323 $199,980 $0 $0
2017 $3,220 $194,160 $0 $0
2016 $3,130 $188,510 $0 $0
2015 $2,945 $183,020 $0 $0
2014 $2,843 $177,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12643289

Regional Multiple Listing Service (RMLS)

APN: R0753660