NOT LISTED FOR SALE

762 SE 16th Ave Hillsboro, OR 97123

Central Hillsboro Neighborhood

Estimated Value: $573,000 - $597,000

4 Beds
4 Baths
2,160 Sq Ft
$273/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $610,550 $283 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,521/month

Highlights

  • Forced Air Heating System
  • Garage
  • Wood Siding
  • Green Certified Home
  • Level Lot

About This Home

As of September 2022

Excellent Investment Opportunity Near Downtown Hillsboro! Duplex with 3 bedrooms & 1.5 baths on each sides. Each unit has its own parking garage + ample off street parking. Enjoy summer BBQ?s in your private fenced back yard with covered Patio!! This could be the perfect situation to live in one unit and rent out the other unit to offset your mortgage or for multi generational living....Opportunities Galore!! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10205445]

Last Agent to Sell the Property

Cassandra Skelley

PDX Dwellings LLC License #200608326 Listed on: 06/27/2022

Last Buyer's Agent

Igor Masic

Mapa Realty NW LLC License #201208517

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,282

Year Built

  • Built in 1992

Lot Details

  • 9,148

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • W.L. Henry Elementary School
  • South Meadows Middle School
  • Hillsboro High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Green Certified Home
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number R0316492

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,283
  • Gross Income $36,240
  • Net Operating Income $31,958

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,282

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1992
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

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

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Owner

Schools

  • Elementary School: W.L. Henry
  • High School: Hillsboro
  • Middle Or Junior School: South Meadows

Lot Info

  • Zoning: MFR-1
  • Parcel #: R0316492

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4282.39

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.11
  • Annual Gross Income: 36240.0
  • Property Net Operating Income: 31958.0
  • Annual Operating Expense: 4283.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2022
Sold by
Adrian Hinckley
Bought by
Decazares Laura Leon and Cazares Laura Isabella
Current Estimated Value
$589,261

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,490
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 30, 2015
Closed on
Nov 19, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Hinckley Adrian
Seller's Agent
John Hamilton
Elite Realty
Buyer's Agent
Jose Lopez, P.C..
MORE Realty
List Price
$245,000
Sold Price
$266,000
Premium/Discount to List
$21,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.37%
Original Mortgage
$336,889
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 2015
Sold by
Pnc Bank National Association
Bought by
Department Of Housing & Urban Developmen

Purchase Details

Closed on
Dec 3, 2014
Sold by
Chavez Christian and Garfias Maira Yadira
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Jun 3, 2014
Sold by
Chavez Christian and Garfias Maira Yadira
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Nov 25, 2003
Sold by
Cervantes P Juan Carlos and Chavez Christian
Bought by
Chavez Christian and Garfias Maira Yadira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,344
Interest Rate
6%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 28, 2002
Sold by
Solberg David M and Solberg Lenor M
Bought by
Cervantes P Juan Carlos and Chavez Christian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,647
Interest Rate
6.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

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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
Decazares Laura Leon $610,550 First American Title
Hinckley Adrian $266,000 Ticor Title
Department Of Housing & Urban Developmen -- None Available
Pnc Bank National Association $210,700 None Available
Pnc Bank National Association $210,700 None Available
Chavez Christian -- Multiple
Cervantes P Juan Carlos $217,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Decazares Laura Leon $599,490
Previous Owner Hinckley Adrian $336,889
Previous Owner Chavez Christian $216,344
Previous Owner Cervantes P Juan Carlos $213,647
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2022 09/30/22 Sold $610,550 -1.5% $283 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $619,900 +133.0% $287 / Sq Ft
11/20/2015 11/20/15 Sold $266,000 +8.6% $122 / Sq Ft View Prior Sale
08/10/2015 08/10/15 Pending -- -- --
07/30/2015 07/30/15 For Sale $245,000 -- $112 / 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 $4,623 $282,840 -- --
2024 $4,492 $274,610 -- --
2023 $4,492 $266,620 $0 $0
2022 $4,370 $266,620 $0 $0
2021 $4,282 $251,330 $0 $0
2020 $4,190 $244,010 $0 $0
2019 $4,070 $236,910 $0 $0
2018 $3,896 $230,010 $0 $0
2017 $3,754 $223,320 $0 $0
2016 $3,652 $216,820 $0 $0
2015 $3,504 $210,510 $0 $0
2014 $3,485 $204,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cassandra Skelley

    Seller's Agent in 2022

    Cassandra Skelley

    PDX Dwellings LLC

    (503) 816-1913

    2 in this area

    72 Total Sales

    Cassandra Skelley
    Section Image
  • Igor Masic

    Buyer's Agent in 2022

    Igor Masic

    Mapa Realty NW LLC

    (503) 780-5011

    3 in this area

    109 Total Sales

    Igor Masic
    Section Image

  • J

    Seller's Agent in 2015

    John Hamilton

    Elite Realty

    Section Image
  • Randall Hamilton

    Seller Co-Listing Agent in 2015

    Randall Hamilton

    Equity Oregon Real Estate

    (503) 545-8521

    41 Total Sales

    Randall Hamilton
    Section Image
  • Jose Lopez, P.C..

    Buyer's Agent in 2015

    Jose Lopez, P.C..

    MORE Realty

    (503) 200-0924

    4 in this area

    91 Total Sales

    Jose Lopez, P.C..
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22099749

Regional Multiple Listing Service (RMLS)

APN: R0316492

Oregon Washington County Hillsboro 97123 Central Hillsboro

762 SE 16th Ave, Hillsboro, OR

This home is located at 762 SE 16th Ave, Hillsboro, OR 97123 since 27 June 2022 and is currently estimated at $589,261, approximately $272 per square foot. This property was built in 1992. 762 SE 16th Ave is a home located in Washington County with nearby schools including W.L. Henry Elementary School, South Meadows Middle School, and Hillsboro High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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