NOT LISTED FOR SALE

505 Ballad Way Forest Grove, OR 97116

Estimated Value: $423,000 - $463,134

3 Beds
2.5 Baths
1,224 Sq Ft
$368/Sq Ft Est. Value

Last Sold July 26, 2019

Last sale price $325,000 $266 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,738/month

57 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Fireplace
  • No HOA
  • Traditional Architecture
  • Private Yard
  • Stainless Steel Appliances

About This Home

As of July 2019

PRICE REDUCED! Well maintained Forest Grove home on large quarter acre flag lot in highly sought after neighborhood! Large yard and quiet, secluded lot with irrigation system, garden area, wood shed. Spacious, comfortable living area with marble surrounded wood stove. Kitchen features tile floor, stainless steel range, large dining area with ceiling fan & slider to patio. This one is a must see!

Last Agent to Sell the Property

Danny Chen

Oregon First License #200704042 Listed on: 04/26/2019

Oregon First

Co-Listed By

Lindsey Chen

Redfin License #201222600

Last Buyer's Agent

Mackenzie Johnston Carey

RE/MAX Equity Group License #201211345

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,176

Year Built

  • Built in 1992

Lot Details

  • 0.25 Acre Lot
  • Fenced
  • Level Lot
  • Flag Lot
  • Sprinkler System
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,224 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • 1 Fireplace
  • Wood Burning Stove
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances
  • Tile Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Shed
  • Porch

Schools

  • Dilley Elementary School
  • Forest Grove High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heating System Uses Wood
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R1116599

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,176

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1992
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 12 Features: Fireplace
  • Room 13 Features: CeilingFan
  • Room 9 Features: CeilingFan,KitchenDiningRoomCombo,SlidingDoors
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, HighSpeedInternet, LaminateFlooring, TileFloor, WalltoWallCarpet
  • Room 4 Description: UtilityRoom
  • Room 4 Features: BuiltinFeatures
  • Room 4 Level: Main
  • Room 5 Description: Entry
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, StainlessSteelAppliance, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Fourth Bedroom Area: 30
  • Bedroom 7 Area: 110
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Other Room8 Area: 110
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Other Room9 Area: 121
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: T111Siding
  • Exterior Features: Fenced, Garden, Porch, Sprinkler, ToolShed, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: FlagLot, Level, Private
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity,WoodBurning
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump, WoodStove, Zoned
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Dilley
  • High School: Forest Grove

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 10890.0
  • Parcel #: R1116599

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3176.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2019
Closed on
Jul 26, 2019
Sold by
Watts Timothy J
Bought by
Nelson Ryan Scott
Seller's Agent
Danny Chen
Oregon First
Buyer's Agent
Mackenzie Johnston Carey
RE/MAX Equity Group
List Price
$335,000
Sold Price
$325,000
Premium/Discount to List
-$10,000
-2.99%
Current Estimated Value
$451,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,034
Avg. Annual Appreciation
5.43%
Original Mortgage
$315,250
Outstanding Balance
$276,779
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$174,255

Purchase Details

Listed on
Sep 1, 2016
Closed on
Nov 9, 2016
Sold by
Reed John B and Mulhern Shawn M
Bought by
Watts Timothy J
Seller's Agent
Kelly Hagglund
THE KELLY GROUP REAL ESTATE
List Price
$285,000
Sold Price
$290,000
Premium/Discount to List
$5,000
1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%
Original Mortgage
$284,747
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 16, 2002
Sold by
Kellas Debra L
Bought by
Reed John B and Reed Shawn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,035
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 17, 2000
Sold by
Croissant Steven A and Croissant Angela J
Bought by
Kellas Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,812
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 1995
Sold by
Bonebrake Jeffery C and Bonebrake Shelly L
Bought by
Croissant Steven A and Croissant Angela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,340
Interest Rate
7.92%
Mortgage Type
FHA
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
Nelson Ryan Scott $325,000 Wfg Title
Watts Timothy J $290,000 Wfg Title
Reed John B $159,500 Pacific Nw Title
Kellas Debra L $140,000 Chicago Title Insurance Co
Croissant Steven A $107,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Ryan Scott $315,250
Previous Owner Watts Timothy J $284,747
Previous Owner Reed John B $157,035
Previous Owner Kellas Debra L $127,812
Previous Owner Croissant Steven A $106,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2019 07/26/19 Sold $325,000 -1.5% $266 / Sq Ft
06/22/2019 06/22/19 Pending -- -- --
06/04/2019 06/04/19 Price Changed $330,000 -1.5% $270 / Sq Ft
05/20/2019 05/20/19 For Sale $335,000 0.0% $274 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $335,000 +15.5% $274 / Sq Ft
11/10/2016 11/10/16 Sold $290,000 +1.8% $237 / Sq Ft View Prior Sale
09/16/2016 09/16/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $285,000 -- $233 / 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 $4,047 $220,640 -- --
2024 $3,904 $214,220 -- --
2023 $3,904 $207,990 $0 $0
2022 $3,414 $207,990 $0 $0
2021 $3,370 $196,060 $0 $0
2020 $3,352 $190,350 $0 $0
2019 $3,277 $184,810 $0 $0
2018 $3,176 $179,430 $0 $0
2017 $3,078 $174,210 $0 $0
2016 $2,992 $169,140 $0 $0
2015 $2,877 $164,220 $0 $0
2014 $2,863 $159,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19198151

Regional Multiple Listing Service (RMLS)

APN: R1116599