NOT LISTED FOR SALE

47012 NW Otis Ln Forest Grove, OR 97116

Estimated Value: $993,398 - $1,156,000

5 Beds
3 Baths
3,566 Sq Ft
$301/Sq Ft Est. Value

About This Home

This home is located at 47012 NW Otis Ln, Forest Grove, OR 97116 and is currently estimated at $1,074,699, approximately $301 per square foot. 47012 NW Otis Ln is a home located in Washington County with nearby schools including Dilley Elementary School, Tom McCall Upper Elementary School, and Neil Armstrong Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2015
Sold by
Nikolai Lucille C
Bought by
Meinecke Marc F and Meinecke Kristina L
Current Estimated Value
$1,074,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2004
Sold by
Nikolai Trust
Bought by
Nikolai Irvin and Nikolai Lucille C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
5.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2001
Sold by
Nikolai Irvin and Nikolai Lucille
Bought by
Nikolai Irvin and Nikolai Lucille C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
6.98%

Purchase Details

Closed on
Aug 23, 1995
Sold by
Nikolai Irvin and Nikolai Lucille C
Bought by
Nikolai Irvin and Nikolai Lucille
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Meinecke Marc F $566,000 First American
Nikolai Irvin -- First American
Nikolai Irvin -- First American Title Ins Co
Nikolai Irvin -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meinecke Marc F $265,500
Closed Meinecke Marc F $417,000
Previous Owner Nikolai Trust $54,000
Previous Owner Nikolai Irvin $488,000
Previous Owner Nikolai Irvin $482,000
Source: Public Records

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 $5,937 $446,630 -- --
2024 $5,713 $433,710 -- --
2023 $5,713 $421,000 $0 $0
2022 $4,931 $421,000 $0 $0
2021 $4,897 $396,910 $0 $0
2020 $4,909 $385,360 $0 $0
2019 $4,785 $374,140 $0 $0
2018 $4,705 $363,250 $0 $0
2017 $4,369 $336,560 $0 $0
2016 $4,252 $326,760 $0 $0
2015 $3,968 $317,250 $0 $0
2014 -- $308,020 $0 $0
Source: Public Records

Map

Oregon Washington County Forest Grove 97116

47012 NW Otis Ln, Forest Grove, OR

This home is located at 47012 NW Otis Ln, Forest Grove, OR 97116 and is currently estimated at $1,074,699, approximately $301 per square foot. 47012 NW Otis Ln is a home located in Washington County with nearby schools including Dilley Elementary School, Tom McCall Upper Elementary School, and Neil Armstrong Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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