NOT LISTED FOR SALE

617 N 14th Ave Cornelius, OR 97113

Estimated Value: $512,000 - $604,000

6 Beds
3 Baths
2,400 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 11, 2017

Last sale price $355,000 $148 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,366/month

9 Days on Market

About This Home

As of April 2017

Excellent investment opportunity to own a Triplex in Cornelius. Good rental history. Each unit is 2 Bedrooms and 1 Bathroom PLEASE DO NOT DISTURB TENANTS. Also for sale see like unit RMLS# 16551738 637 N 14th Ave.

Last Agent to Sell the Property

Rick Scribner

RE/MAX Equity Group License #200411156 Listed on: 11/23/2016

Co-Listed By

Jenna Jordan

RE/MAX Equity Group License #201207604

Last Buyer's Agent

Dorian Franco

Coldwell Banker Bain License #200505072

Coldwell Banker Bain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,828

Year Built

  • Built in 1968

Lot Details

  • 7,841

Parking

  • Open Parking

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,828

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2400
  • Stories: 1
  • Year Built: 1968
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 1995-018 PARTITION PLAT, LOT 1, ACRES .18

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range

Schools

  • Elementary School: Cornelius
  • High School: Forest Grove

Lot Info

  • Lot Description: Level
  • Zoning: A2

Tax Info

  • Tax Amount: 3230.70
  • Assessor Parcel Number: R2046396

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3

MLS Schools

  • Elementary School: Cornelius
  • High School: Forest Grove

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Pinoda Hugo
Bought by
Garcia Narciso Ecalera and Mandujano Anna M
Current Estimated Value
$556,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,400
Outstanding Balance
$298,664
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,213

Purchase Details

Listed on
Nov 23, 2016
Closed on
Apr 28, 2017
Sold by
Pineda Hugo
Bought by
Pineda Hugo and Garcia Narciso Escalera
Seller's Agent
Rick Scribner
RE/MAX Equity Group
Buyer's Agent
Dorian Franco
Coldwell Banker Bain
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$343,151
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 23, 2016
Closed on
Apr 11, 2017
Sold by
Marshall Rentals Llc
Bought by
Pineda Hugo
Seller's Agent
Rick Scribner
RE/MAX Equity Group
Buyer's Agent
Dorian Franco
Coldwell Banker Bain
List Price
$349,000
Sold Price
$355,000
Premium/Discount to List
$6,000
1.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,151
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2013
Sold by
Marshall Tim V
Bought by
Marshall Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2013
Sold by
Marshall Rentals Llc
Bought by
Marshall Tim V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
3.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Marshall Tim and Marshall Lisa
Bought by
Marshall Rentals Llc

Purchase Details

Closed on
Feb 7, 2011
Sold by
Sanchez Baltazar
Bought by
Marshall Tim and Marshall Lisa

Purchase Details

Closed on
Jul 19, 2007
Sold by
Mendoza Silvino
Bought by
Sanchez Baltazar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 2004
Sold by
Mendoza Margarito and Zaragoza Felimon
Bought by
Mendoza Silvino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,160
Interest Rate
6.87%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 28, 1996
Sold by
Higgins Jay
Bought by
Mendoza Margarito and Bucio Chavez Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,422
Interest Rate
8.01%
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
Garcia Narciso Ecalera -- First American
Pineda Hugo -- None Available
Pineda Hugo $355,000 Wfg Title
Marshall Rentals Llc -- Accommodation
Marshall Tim V -- Wfg Title
Marshall Rentals Llc -- None Available
Marshall Tim $165,000 Ticor Title
Sanchez Baltazar $315,000 Security Title
Mendoza Silvino $221,450 Transnation Title Agency Or
Mendoza Margarito -- Transnation
Mendoza Margarito $151,500 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Narciso Ecalera $336,400
Previous Owner Pineda Hugo $343,151
Previous Owner Marshall Tim V $151,000
Previous Owner Sanchez Baltazar $283,500
Previous Owner Mendoza Silvino $177,160
Previous Owner Mendoza Margarito $146,422
Closed Mendoza Silvino $44,290
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2017 04/11/17 Sold $355,000 +1.7% $148 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/23/2016 11/23/16 For Sale $349,000 -- $145 / 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 $4,828 $269,780 -- --
2024 $4,409 $261,930 -- --
2023 $4,409 $254,310 $0 $0
2022 $3,906 $254,310 $0 $0
2021 $3,860 $239,720 $0 $0
2020 $3,845 $232,740 $0 $0
2019 $3,762 $225,970 $0 $0
2018 $3,646 $219,390 $0 $0
2017 $3,533 $213,000 $0 $0
2016 $3,433 $206,800 $0 $0
2015 $3,231 $200,780 $0 $0
2014 $3,119 $194,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16033752

Regional Multiple Listing Service (RMLS)

APN: R2046396