Neighborhood
483 Willamina Ave, Forest Grove, OR 97116
3 beds · 2 baths · 1,640 sq ft · Lot: 6,098 sq ft · Single Family Home · Built: 1995
Est. Value:
$441K
Est. Rent:
$3.3K/month

483 Willamina Ave Forest Grove, OR 97116

3 beds · 2 baths · 1,640 sq ft · Lot Size: 6,098 sq ft · Single Family Home · Northwest Forest Grove
Est. Property Value: $440,758

Get AI-powered intel on property income potential, propensity to sell and other key info to close on the right property.

483 Willamina Ave is in the Northwest Forest Grove neighborhood of Forest Grove, OR. It is located in Washington County and ZIP code 97116. This Single Family Home was built in 1995 and is approximately 30 years old. The single family home spans 1640 sq ft with 3 bedrooms and 2 bathrooms and sits on a 6098 sq ft lot. According to public records, it was sold for $291,500. The Northwest Forest Grove area of Forest Grove has 712 residential homes with an average size of 1866 sq ft. Analyze and compare real estate investment strategies for properties like this home at 483 Willamina Ave Forest Grove, OR 97116 with Property Intel by Whitepages.

Investment Potential for 483 Willamina Ave

The property has a current estimated value of $440,758, which is 5% below the neighborhood median, based on public records. It last sold for $291,500. Projected long-term
is $39,600 annually ($3,300 per month) with a 95% occupancy rate.

Discover more Single Family Homes in Northwest Forest Grove.

Long-Term

Gross Rental
$39,600 per year($3,300 per month)
Net Operating Income
Cap Rate
Occupancy Rate
95%in 97116 zip code
 
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Owners & Occupancy for 483 Willamina Ave

No contact information is available.

Occupancy

Resident 1****************** age 69
Resident 2***********

Property Details for 483 Willamina Ave

Property Details

Property Sq Ft

Living Area

1,640 sq ft

12% below market

Lot Size

6,098 sq ft

34% below market

Price Per Sq Ft

Living Area

$269 / sq ft

8% above market

Lot Size Area

$72 / sq ft

43% above market

Property condition, age, exterior, etc. for 483 Willam…
Longitude: -123.139944 Latitude: 45.527875 Parcel Number (APN): R2036823…
Mortgage originated on through lender: UNKNOWN for$*****View Mortgage Details
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Discover more single family homes near 483 Willamina Ave in Forest Grove, Oregon. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 483 Willamina Ave in Washington County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$440,758
$402,150
$38,609 (10%)
$482,556
$12,552 (3%)
YoY Price Change
1.13%
-233%
Year Built
1995
1980
15 years
Living Space
1,640 sq ft
1,592 sq ft
48 (3%)
$ Per Living Sq Ft
$269
$256
$13 (5%)
Lot Size
6,098 sq ft
8,445 sq ft
-2347 (-28%)
$ Per Lot Sq Ft
$72
$50
$22 (43%)

Net Operating Income
$26,574
-$53 (0%)
Annual Revenue
$39,600
$37,800
$1,800 (5%)
$11,028
$2,051 (19%)
Net Operating Income
$26,574
-$53 (0%)
Cap Rate
6.13%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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