NOT LISTED FOR SALE

850 NE 70th Ave Hillsboro, OR 97124

Orenco Station Neighborhood

Estimated Value: $626,000 - $804,000

3 Beds
7 Baths
2,644 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $770,000 $291 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,450/month

29 Days on Market

Highlights

  • Deck
  • Fireplace
  • Parking Storage or Cabinetry
  • Private Lot
  • Views
  • 4-minute walk to Orenco Woods Nature Park

About This Home

As of January 2022

Just listed in Historic Orenco! Fantastic Elk Meadows custom duplex home that offers two 3BR/2.5 Bath units! Each home has a great room floor plan looking onto a large private fenced lot. Gas Heat & HW. Full garage and driveway parking. There is NOTHING like this on the market. Live in one, rent one or both. Potential to split into two units! Orenco Station, INTEL, Nature Park are both walkable. No Better neighborhood!

Last Agent to Sell the Property

Dirk Knudsen

MORE Realty License #830800038 Listed on: 10/27/2021

Last Buyer's Agent

Krishnakumar Regupathy

Krishna Realty License #200508019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • Private Lot
  • Secluded Lot
  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Window Treatments
  • Crawl Space
  • Washer and Dryer
  • Property Views

Parking

  • Garage
  • Parking Storage or Cabinetry

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2644
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: Included are 850 & 852 NE 70th Avenue -- ELK MEADOWS, LOT 10, ACRES 0.16
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cedar, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • View: Park/Greenbelt, Territorial
  • Foundation Details: Concrete Perimeter
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Other
  • Security: None

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Deck, Fireplace, Washer/Dryer, Window Coverings

Lot Info

  • Lot Description: Level, Private, Secluded
  • Zoning: SCR-OTC
  • Water Rights Supplement: No

Green Features

  • Green Building Verification Type: Home Energy Score
  • Green Energy Supplement: Yes
  • Green Verification HES Metric: 6
  • Green Verification HES: https://rpt.greenbuildingregistry.com/hes/OR10196298
  • Green Verification HES Year: 2021

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 6717.41
  • Assessor Parcel Number: R2054684
  • Tax Year: 2020

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 21.25

MLS Schools

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

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2021
Closed on
Jan 7, 2022
Sold by
Vaage Kendra L and Mayes Kristina A
Bought by
Regupathy Krishnakumar
Seller's Agent
Dirk Knudsen
MORE Realty
Buyer's Agent
Krishnakumar Regupathy
Krishna Realty
List Price
$764,950
Sold Price
$770,000
Premium/Discount to List
$5,050
0.66%
Current Estimated Value
$729,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,783
Avg. Annual Appreciation
-1.37%
Original Mortgage
$576,000
Outstanding Balance
$528,751
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$200,466

Purchase Details

Closed on
Feb 8, 2021
Sold by
Mayes Kristina Alane and Vaage Kendra Louise
Bought by
Vaage Kendra L and Mayes Kristina A

Purchase Details

Closed on
Oct 30, 2020
Sold by
Mayes Kristina Alaine and Vaage Kendra Louise
Bought by
Vaage Kendra L and Mayes Kristina A

Purchase Details

Closed on
May 12, 2014
Sold by
Lower Florence Luvena
Bought by
Lower Florence Luvena and Exempt Trust Created Under Lower Family

Purchase Details

Closed on
Oct 29, 1996
Sold by
Hjorth & Company Construction
Bought by
Le Hai Van Dinh and Uong Minh Tuyet T

Purchase Details

Closed on
Feb 26, 1996
Sold by
Heritage Homes Investment Corp
Bought by
Hjorth & Company Construction
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
Regupathy Krishnakumar $770,000 First American
Vaage Kendra L -- None Available
Vaage Kendra L -- Accommodation
Lower Florence Luvena -- None Available
Le Hai Van Dinh $257,000 First American Title Ins Co
Hjorth & Company Construction $57,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regupathy Krishnakumar $576,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2022 01/10/22 Sold $770,000 +0.7% $291 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
11/13/2021 11/13/21 For Sale $764,950 0.0% $289 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $764,950 -- $289 / 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 $7,412 $467,070 -- --
2025 $7,412 $453,470 -- --
2024 $7,202 $440,270 -- --
2023 $7,202 $427,450 $0 $0
2022 $7,006 $427,450 $0 $0
2021 $6,865 $402,920 $0 $0
2020 $6,717 $391,190 $0 $0
2019 $6,524 $379,800 $0 $0
2018 $6,245 $368,740 $0 $0
2017 $6,019 $358,000 $0 $0
2016 $5,854 $347,580 $0 $0
2015 $5,618 $337,460 $0 $0
2014 $5,586 $327,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dirk Knudsen

    Seller's Agent in 2022

    Dirk Knudsen

    MORE Realty

    (503) 799-8383

    20 in this area

    116 Total Sales

    Dirk Knudsen
    Section Image
  • Krishnakumar Regupathy

    Buyer's Agent in 2022

    Krishnakumar Regupathy

    Krishna Realty

    (503) 799-6213

    8 in this area

    243 Total Sales

    Krishnakumar Regupathy
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21350169

Regional Multiple Listing Service (RMLS)

APN: R2054684

Oregon Washington County Hillsboro 97124 Orenco Station

850 NE 70th Ave, Hillsboro, OR

Not Listed for Sale

MultiFamily

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