NOT LISTED FOR SALE

801 NE 70th Ave Hillsboro, OR 97124

Orenco Station Neighborhood

Estimated Value: $646,000 - $758,000

6 Beds
6 Baths
2,720 Sq Ft
$259/Sq Ft Est. Value

Last Sold September 30, 2021

Last sale price $655,000 $241 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,366/month

3 Days on Market

Highlights

  • Territorial View
  • Forced Air Heating and Cooling System
  • Garage
  • Corner Lot

About This Home

As of September 2021

Great Orenco location. Perfect for owner occupied or investor. TWO 3 BR, 2.1 BA per side. 801 has 2-car garage, 803 has 1-car garage. Each has gas heat, gas FP, micro, fridge, & W/D hookup. PLEASE DO NOT DISTURB THE TENANTS. Please write offers subject to interior inspections. Currently occupied by two great tenants on M-T-M agreements to give flexibility to the buyer. Tenants currently pay all utilities.

Last Agent to Sell the Property

Jay Westfall

MORE Realty License #200610271 Listed on: 08/19/2021

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Co-Listed By

Melissa Hartvigsen

MORE Realty License #201218339

Last Buyer's Agent

Tom Taylor

MORE Realty License #201216648

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,213

Year Built

  • Built in 1996

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Territorial Views
  • Crawl Space

Schools

  • Orenco Elementary School
  • Poynter Middle School
  • Liberty High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R2054679

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,587
  • Gross Income $33,840
  • Net Operating Income $23,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,213

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 655000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Brick,Cedar
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Owner

Schools

  • Elementary School: Orenco
  • High School: Liberty
  • Middle Or Junior School: Poynter

Lot Info

  • Zoning: SCR-OTC
  • Parcel #: R2054679

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 7213.19

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.55
  • Annual Gross Income: 33840.0
  • Property Net Operating Income: 23561.0
  • Annual Operating Expense: 8587.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
Sep 24, 2021
Sold by
Godfrey Dana and Godfrey Marilyn
Bought by
Leon Hurtado Verenice and Yanez Emilla Mikyla
Seller's Agent
Jay Westfall
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Buyer's Agent
Tom Taylor
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List Price
$559,900
Sold Price
$655,000
Premium/Discount to List
$95,100
16.99%
Current Estimated Value
$704,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,577
Avg. Annual Appreciation
1.74%
Original Mortgage
$491,250
Outstanding Balance
$446,025
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$258,552

Purchase Details

Closed on
Mar 22, 2002
Sold by
Codding Jones David Parke and Codding Jones Margaret
Bought by
Godfrey Dana and Godfrey Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
6.84%

Purchase Details

Closed on
Nov 13, 1997
Sold by
Arnett Michael W and Arnett Theresa L
Bought by
Jones David Parke and Codding Margaret J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,600
Interest Rate
7.37%

Purchase Details

Closed on
Dec 7, 1995
Sold by
Heritage Homes Investment Corp
Bought by
Arnett Michael W and Arnett Theresa L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Leon Hurtado Verenice $655,000 First American
Leon Hurtado Verenice $655,000 First American
Godfrey Dana $268,000 Fidelity National Title Co
Godfrey Dana $268,000 Fidelity National Title Co
Jones David Parke $252,000 First American Title Ins Co
Jones David Parke $252,000 First American Title Ins Co
Arnett Michael W $50,000 First American Title Ins Co
Arnett Michael W $50,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leon Hurtado Verenice $491,250
Previous Owner Godfrey Dana $214,400
Previous Owner Jones David Parke $201,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2021 09/30/21 Sold $655,000 +17.0% $241 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/19/2021 08/19/21 For Sale $559,900 -- $206 / 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
2026 $7,959 $501,530 -- --
2025 $7,959 $486,930 -- --
2024 $7,733 $472,750 -- --
2023 $7,733 $458,990 $0 $0
2022 $7,523 $458,990 $0 $0
2021 $7,372 $432,660 $0 $0
2020 $7,213 $420,060 $0 $0
2019 $7,006 $407,830 $0 $0
2018 $6,706 $395,960 $0 $0
2017 $6,463 $384,430 $0 $0
2016 $6,286 $373,240 $0 $0
2015 $6,033 $362,370 $0 $0
2014 $5,998 $351,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Westfall

    Seller's Agent in 2021

    Jay Westfall

    MORE Realty

    (503) 680-6903

    2 in this area

    52 Total Sales

    Jay Westfall
    Section Image
  • Melissa Hartvigsen

    Seller Co-Listing Agent in 2021

    Melissa Hartvigsen

    MORE Realty

    (971) 295-6164

    5 in this area

    81 Total Sales

    Melissa Hartvigsen
    Section Image
  • Tom Taylor

    Buyer's Agent in 2021

    Tom Taylor

    MORE Realty

    (503) 575-8620

    5 in this area

    53 Total Sales

    Tom Taylor
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21335979

Regional Multiple Listing Service (RMLS)

APN: R2054679

Oregon Washington County Hillsboro 97124 Orenco Station

801 NE 70th Ave, Hillsboro, OR

Not Listed for Sale

MultiFamily

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