NOT LISTED FOR SALE

641 N 1st Ave Hillsboro, OR 97124

Northwest Hillsboro Neighborhood

Estimated Value: $462,000 - $534,104

5 Beds
2 Baths
1,752 Sq Ft
$290/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $232,500 $133 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,963/month

14 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Level Lot
  • Attached Garage
  • Washer and Dryer
  • Lap Siding

About This Home

As of July 2014

Just finished renovation of 2/1 unit with new roof, interior/exterior paint, new carpet, kitchen counter tops, sink, hood & garage door. Newer vinyl windows & 8x8 tool shed. 641 unit has been re-plumbed w/ Pex. 647 is vacant. Potential rents could be much higher than current $650. Units are metered separately. Close to downtown and easy to rent.

Last Agent to Sell the Property

Tim Marshall

RE/MAX Equity Group License #200507384 Listed on: 04/25/2014

Last Buyer's Agent

Darcie VanderZanden

Keller Williams Sunset Corridor License #200004037

Keller Williams Sunset Corridor

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,355

Year Built

  • Built in 1964

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Lap Siding
  • Cedar

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Call Miquel to show unit 641

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,355

Year Built

Built in 1964

Lot Details

0

Parking

3

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1752
  • Stories: 1
  • Year Built: 1964
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: THORNE'S ADDITION TO HILLSBORO, BLOCK PT 8
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cedar, Lap Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 3
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Management Name: Call Miquel to show unit 641
  • Management Phone: 503-888-0613
  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: McKinney
  • Middle School: Neil Armstrong
  • High School: Hillsboro

Lot Info

  • Lot Description: Level
  • Zoning: A-1

Tax Info

  • Tax Amount: 2473.72
  • Assessor Parcel Number: R0698597

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.66

MLS Schools

  • Elementary School: McKinney
  • High School: Hillsboro
  • Middle School: Neil Armstrong

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Jul 14, 2014
Sold by
Wille Jeffrey S and Wille Rodger
Bought by
Irvan Laura and Irvan Bruce Nigel
Seller's Agent
Tim Marshall
RE/MAX Equity Group
Buyer's Agent
Darcie VanderZanden
Keller Williams Sunset Corridor
List Price
$234,900
Sold Price
$232,500
Premium/Discount to List
-$2,400
-1.02%
Current Estimated Value
$507,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,026
Avg. Annual Appreciation
7.17%
Original Mortgage
$174,375
Outstanding Balance
$132,522
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$375,004
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
Irvan Laura $232,500 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irvan Laura $174,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2014 07/16/14 Sold $232,500 -1.0% $133 / Sq Ft
05/09/2014 05/09/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $234,900 -- $134 / 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 $3,355 $205,220 -- --
2024 $3,259 $199,250 -- --
2023 $3,259 $193,450 $0 $0
2022 $3,171 $193,450 $0 $0
2021 $3,107 $182,350 $0 $0
2020 $3,040 $177,040 $0 $0
2019 $2,953 $171,890 $0 $0
2018 $2,827 $166,890 $0 $0
2017 $2,724 $162,030 $0 $0
2016 $2,649 $157,320 $0 $0
2015 $2,543 $152,740 $0 $0
2014 $2,528 $148,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2014

    Tim Marshall

    RE/MAX

  • Darcie VanderZanden

    Buyer's Agent in 2014

    Darcie VanderZanden

    Keller Williams Sunset Corridor

    (503) 504-2720

    11 in this area

    321 Total Sales

    Darcie VanderZanden
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14555234

Regional Multiple Listing Service (RMLS)

APN: R0698597

Oregon Washington County Hillsboro 97124 Northwest Hillsboro

641 N 1st Ave, Hillsboro, OR

This home is located at 641 N 1st Ave, Hillsboro, OR 97124 since 25 April 2014 and is currently estimated at $507,526, approximately $289 per square foot. This property was built in 1964. 641 N 1st 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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