NOT LISTED FOR SALE

616 NW Connell Ave Hillsboro, OR 97124

West Hillsboro Neighborhood

Estimated Value: $524,000 - $549,000

4 Beds
2 Baths
1,990 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $405,000 $204 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,169/month

29 Days on Market

Highlights

  • Wood Flooring
  • Controlled Entrance
  • 4-minute walk to McKinney Park
  • Garage
  • Level Lot

About This Home

As of November 2019

This great investment property is walking distance to Washington County offices and Downtown Hillsboro. These units are move-in ready and both sides will be vacant so you can bring in your own tenants. Hardwood floors are just one of the great features of this well-maintained investment property.

Last Agent to Sell the Property

Claudia Hale

Century 21 Wright & Assoc. License #840900041 Listed on: 09/12/2019

Co-Listed By

Michael Peabody

eXp Realty, LLC License #800904169

Last Buyer's Agent

Adam Elliott

Knipe Realty ERA Powered License #201211036

Knipe Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,742

Year Built

  • Built in 1959

Lot Details

  • 8,712

Parking

  • Garage
  • Controlled Entrance

Home Design

  • Cement Siding
  • Vinyl Siding

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Additional Features

  • Wood Flooring
  • Washer and Dryer Hookup
  • Level Lot

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,742

Year Built

Built in 1959

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1959
  • Remarks Public: This great investment property is walking distance to Washington County offices and Downtown Hillsboro. These units are move-in ready and both sides will be vacant so you can bring in your own tenants. Hardwood floors are just one of the great features of this well-maintained investment property.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PANSY GARDENS, Lot 9 and PT Lot 10, acres .20
  • Basement: None

Exterior Features

  • Exterior Description: Cement Siding, Vinyl Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air
  • Security: Entry

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Wood Floors

Schools

  • Elementary School: McKinney
  • Middle School: Evergreen
  • High School: Glencoe

Lot Info

  • Lot Description: Level
  • Zoning: SFR7

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3153.00
  • Assessor Parcel Number: R0761884
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.75

MLS Schools

  • Elementary School: McKinney
  • High School: Glencoe
  • Middle School: Evergreen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 19, 2019
Sold by
Mendoza Lenna Lee
Bought by
Tufts Christopher and Tufts Marianthe
Seller's Agent
Claudia Hale
Century 21 Wright & Assoc.
Buyer's Agent
Adam Elliott
Knipe Realty ERA Powered
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Current Estimated Value
$540,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,540
Avg. Annual Appreciation
5.01%
Original Mortgage
$303,750
Outstanding Balance
$266,686
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$273,854

Purchase Details

Closed on
Jan 19, 1999
Sold by
First Baptist Church Of Hillsboro
Bought by
Mendoza Lenna Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,670
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 15, 1999
Sold by
Pittman John L and Pittman Penny L
Bought by
First Baptist Church Of Hillsboro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,670
Interest Rate
6.63%
Mortgage Type
FHA
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
Tufts Christopher $405,000 Chicago Title
Mendoza Lenna Lee $159,900 Chicago Title Insurance Co
First Baptist Church Of Hillsboro -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tufts Christopher $303,750
Previous Owner Mendoza Lenna Lee $156,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2019 11/26/19 Sold $405,000 -10.0% $204 / Sq Ft
10/11/2019 10/11/19 Pending -- -- --
09/22/2019 09/22/19 Price Changed $450,000 -5.3% $226 / Sq Ft
09/12/2019 09/12/19 For Sale $475,000 -- $239 / 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 $3,742 $228,910 -- --
2024 $3,635 $222,250 -- --
2023 $3,635 $215,780 $0 $0
2022 $3,537 $215,780 $0 $0
2021 $3,466 $203,400 $0 $0
2020 $3,391 $197,480 $0 $0
2019 $3,294 $191,730 $0 $0
2018 $3,153 $186,150 $0 $0
2017 $3,038 $180,730 $0 $0
2016 $2,955 $175,470 $0 $0
2015 $2,836 $170,360 $0 $0
2014 $2,820 $165,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Claudia Hale

    Century 21 Wright & Assoc.

  • Michael Peabody

    Seller Co-Listing Agent in 2019

    Michael Peabody

    eXp Realty, LLC

    (503) 729-2498

    60 Total Sales

    Michael Peabody
    Section Image

  • A

    Buyer's Agent in 2019

    Adam Elliott

    Knipe Realty ERA Powered

    (503) 836-2010

    37 Total Sales

    Adam Elliott
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19302497

Regional Multiple Listing Service (RMLS)

APN: R0761884

Oregon Washington County Hillsboro 97124 West Hillsboro

616 NW Connell Ave, Hillsboro, OR

This home is located at 616 NW Connell Ave, Hillsboro, OR 97124 since 12 September 2019 and is currently estimated at $540,540, approximately $271 per square foot. This property was built in 1959. 616 NW Connell Ave is a home located in Washington County with nearby schools including W Verne McKinney Elementary School, Evergreen Jr High School, and Glencoe High School.

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