NOT LISTED FOR SALE

605 NE Edison St Hillsboro, OR 97124

Central Hillsboro Neighborhood

Estimated Value: $500,000 - $528,636

2 Beds
2 Baths
1,934 Sq Ft
$264/Sq Ft Est. Value

Last Sold January 29, 2024

Last sale price $475,000 $246 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,970/month

52 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • High Speed Internet
  • 2 Car Attached Garage
  • Green Certified Home
  • Wood Siding

About This Home

As of January 2024

Solid brick duplex, hardwood floors, good rental history. 2 bedroom unit with good long term tenants, 1 bedroom unit vacant. The two bedroom unit has one bedroom on the main floor and one bedroom upstairs. Very nice quiet neighborhood walking distance to downtown Hillsboro, one block to the grade school and only a few blocks to Pacific graduate school campus and Max line stop. Newer appliances in the kitchens. The property has been part of a property management program so maintenance is current and overall condition is good. Good rental history. If you want to buy and live in one side or invest this is a must see property.

Last Agent to Sell the Property

Steve Dials

Weichert, Realtors on Main Street License #201207459 Listed on: 11/16/2023

Weichert, Realtors on Main Street

Last Buyer's Agent

Courtney Hein

Premiere Property Group, LLC License #201237021

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1954

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,934 Sq Ft Home
  • 1-Story Property

Eco-Friendly Details

  • Green Certified Home

Schools

  • Lincoln Elementary School
  • Evergreen Middle School
  • Glencoe High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R699667

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,200
  • Gross Income $35,400
  • Net Operating Income $30,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,458

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1954
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Storage: None
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lincoln
  • High School: Glencoe
  • Middle Or Junior School: Evergreen

Lot Info

  • Zoning: Duplex
  • Parcel #: R699667

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 3458.14

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.12
  • Annual Gross Income: 35400.0
  • Property Net Operating Income: 30200.0
  • Annual Operating Expense: 5200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Clement Kari L
Bought by
Kari Lyn Clement Revocable Living Trust and Clement
Current Estimated Value
$509,659

Purchase Details

Listed on
Nov 16, 2023
Closed on
Jan 8, 2024
Sold by
E E And T Corp
Bought by
Clement Kari
Seller's Agent
Steve Dials
Weichert, Realtors on Main Street
Buyer's Agent
Courtney Hein
Premiere Property Group, LLC
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.13%
Original Mortgage
$356,250
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2011
Sold by
Wells Fargo Bank N A
Bought by
The Secretary Of Housing & Urban Develop
Source: Public Records

Range of Values:

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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
Kari Lyn Clement Revocable Living Trust -- None Listed On Document
Kari Lyn Clement Revocable Living Trust -- None Listed On Document
Clement Kari $475,000 Ticor Title
The Secretary Of Housing & Urban Develop -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clement Kari $356,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2024 01/29/24 Sold $475,000 -5.0% $246 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
12/20/2023 12/20/23 For Sale $500,000 0.0% $259 / Sq Ft
12/19/2023 12/19/23 For Sale $500,000 0.0% $259 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/09/2023 12/09/23 For Sale $500,000 0.0% $259 / Sq Ft
11/22/2023 11/22/23 Pending -- -- --
11/16/2023 11/16/23 For Sale $500,000 -- $259 / 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 $3,559 $217,750 -- --
2024 $3,458 $211,410 -- --
2023 $3,458 $205,260 $0 $0
2022 $3,364 $205,260 $0 $0
2021 $3,297 $193,490 $0 $0
2020 $3,226 $187,860 $0 $0
2019 $3,133 $182,390 $0 $0
2018 $2,999 $177,080 $0 $0
2017 $2,890 $171,930 $0 $0
2016 $2,811 $166,930 $0 $0
2015 $2,698 $162,070 $0 $0
2014 $2,683 $157,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Steve Dials

    Weichert, Realtors on Main Street

    4 in this area

    27 Total Sales

    Steve Dials
    Section Image
  • Courtney Hein

    Buyer's Agent in 2024

    Courtney Hein

    Premiere Property Group, LLC

    (971) 281-1176

    1 in this area

    40 Total Sales

    Courtney Hein
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23691381

Regional Multiple Listing Service (RMLS)

APN: R0699667

Oregon Washington County Hillsboro 97124 Central Hillsboro

605 NE Edison St, Hillsboro, OR

This home is located at 605 NE Edison St, Hillsboro, OR 97124 since 16 November 2023 and is currently estimated at $509,659, approximately $263 per square foot. This property was built in 1954. 605 NE Edison St is a home located in Washington County with nearby schools including Lincoln Street Elementary School, Evergreen Jr High School, and Glencoe High School.

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