Seller's Agent in 2025
Kendra Ratcliff
LUXE Forbes Global Properties
(503) 330-6677
14 Total Sales
48493 NW Hillside Rd Forest Grove, OR 97116
4
Beds
5.5
Baths
7,449
Sq Ft
50.37
Acres
Highlights
- Home Theater
- RV Access or Parking
- Custom Home
- In Ground Pool
- Second Garage
- Built-In Refrigerator
About This Home
As of August 2025Come home to the pinnacle of luxury and tranquility in this modern farmhouse masterpiece just over 50 private acres between Forest Grove and Banks. Custom designed and built in 2022 by Pavilion Construction, the home offers breathtaking 360-degree views of Mt. Hood, Mt. St. Helens lava dome, and the rolling Willamette Valley. An entertainer’s dream, it boasts seamless indoor-outdoor living with a resort-style pool, expansive covered patio, and a state-of-the-art home theater. Beautifully designed withcareful attention to detail, deluxe features and casually elegant finishes. For wine enthusiasts, 22 acres of prime vineyard-ready soil present an incredible opportunity to plant vines. Just minutes from Banks, with easy commutes against the main flow oftraffic to Intel and Nike. This one-of-a-kind retreat blends refined craftsmanship with every modern convenience—your private sanctuary with effortless access to the city.
Last Agent to Sell the Property
LUXE Forbes Global Properties License #921000087 Listed on: 02/04/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,162
Year Built
- Built in 2022
Lot Details
- 50.37 Acre Lot
- Gated Home
- Gentle Sloping Lot
- Sprinkler System
- Wooded Lot
- Property is zoned EFU
Parking
- 4 Car Garage
- Second Garage
- Workshop in Garage
- Garage Door Opener
- Driveway
- RV Access or Parking
Property Views
- Mountain
- Territorial
- Valley
Home Design
- Custom Home
- Farmhouse Style Home
- Composition Roof
- Board and Batten Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,449 Sq Ft Home
- 2-Story Property
- Central Vacuum
- Sound System
- Vaulted Ceiling
- Propane Fireplace
- Triple Pane Windows
- Family Room
- Living Room
- Dining Room
- Home Theater
- Home Office
- Crawl Space
- Washer and Dryer
Kitchen
- Butlers Pantry
- Built-In Double Convection Oven
- Built-In Range
- Range Hood
- Microwave
- Built-In Refrigerator
- Dishwasher
- Kitchen Island
- Quartz Countertops
- Instant Hot Water
Flooring
- Engineered Wood
- Wall to Wall Carpet
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
Home Security
- Home Security System
- Security Lights
- Security Gate
Pool
- In Ground Pool
- Spa
Outdoor Features
- Covered Patio or Porch
- Fire Pit
- Outbuilding
- Built-In Barbecue
Schools
- Harvey Clark Elementary School
- Neil Armstrong Middle School
- Forest Grove High School
Farming
- Pasture
Utilities
- 90% Forced Air Heating and Cooling System
- Heating System Uses Propane
- Well
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R768663
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2025
Closed on
Jul 31, 2025
Sold by
Olson Robert and Olson Cheralee
Bought by
Leon And Brenda Connelly Trust and Connelly
Seller's Agent
Kendra Ratcliff
LUXE Forbes Global Properties
Buyer's Agent
Sindos Searty
Opt
List Price
$3,985,000
Sold Price
$3,725,000
Premium/Discount to List
-$260,000
-6.52%
Views
151
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%
Original Mortgage
$2,000,000
Outstanding Balance
$2,000,000
Interest Rate
6.81%
Mortgage Type
Construction
Estimated Equity
$1,733,361
Purchase Details
Listed on
May 29, 2021
Closed on
Oct 21, 2021
Sold by
Bridges Nancy J and Heesacker Joseph F
Bought by
Olson Robert and Olson Cheralee
Seller's Agent
Patty Schmitz-Thursam
John L. Scott Market Center
Buyer's Agent
rwillner Willner
Willner Properties LLC
List Price
$1,250,000
Sold Price
$1,035,000
Premium/Discount to List
-$215,000
-17.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.33%
Original Mortgage
$1,757,948
Interest Rate
3%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 15, 2011
Sold by
Bridges Nancy J
Bought by
Bridges Nancy J and Barber Jennifer Anne
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,725,000 | Ticor Title | |
| Warranty Deed | $1,035,000 | First American | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | Construction | |
| Previous Owner | $1,100,000 | Credit Line Revolving | |
| Previous Owner | $1,757,948 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2025 08/01/25 | Sold | $3,725,000 | -6.5% | $500 / Sq Ft |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- |
| 02/04/2025 02/04/25 | For Sale | $3,985,000 | +285.0% | $535 / Sq Ft |
| 10/22/2021 10/22/21 | Sold | $1,035,000 | -17.2% | $289 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 05/29/2021 05/29/21 | For Sale | $1,250,000 | -- | $349 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $15,162 | $1,133,060 | -- | -- |
| 2024 | $2,874 | $1,849,970 | -- | -- |
| 2023 | $2,874 | $209,750 | $0 | $0 |
| 2022 | $2,414 | $198,500 | $0 | $0 |
| 2021 | $2,400 | $187,440 | $0 | $0 |
| 2020 | $2,392 | $182,100 | $0 | $0 |
| 2019 | $2,335 | $176,920 | $0 | $0 |
| 2018 | $2,299 | $171,900 | $0 | $0 |
| 2017 | $2,241 | $167,010 | $0 | $0 |
| 2016 | $2,184 | $162,270 | $0 | $0 |
| 2015 | $2,044 | $157,660 | $0 | $0 |
| 2014 | $2,039 | $153,190 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kendra Ratcliff
-
Terry Sprague
Seller Co-Listing Agent in 2025
Terry Sprague
LUXE Forbes Global Properties
(503) 459-3987
177 Total Sales
-
Sindos Searty
Buyer's Agent in 2025
Sindos Searty
Opt
(503) 806-7523
21 Total Sales
-
Patty Schmitz-Thursam
Seller's Agent in 2021
Patty Schmitz-Thursam
John L. Scott Market Center
(503) 997-6868
137 Total Sales
-
rwillner Willner
Buyer's Agent in 2021
rwillner Willner
Willner Properties LLC
(503) 433-5000
52 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 592602801
APN: R0768663
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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