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2423 12th Ave

Forest Grove, OR 97116

4 bd 2 ba 1,765 sqft Built 1940 multi_family
Most recent sale
$525,000
Sep 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 10, 2022 Price changed $525,000 MLS #22018577
Sep 9, 2022 Listed MLS #22018577
Sep 8, 2022 Sold $525,000 MLS #22018577
May 19, 2022 Listed $525,000 MLS #22018577
Oct 20, 2016 Listing removed $275,000 RMLS
Sep 12, 2016 Listed $275,000 MLS #16353611
May 5, 2010 Sold $108,000 MLS #10019778
Mar 9, 2010 Listed $130,000 MLS #10019778
Sep 26, 2009 Listing removed $199,500 RMLS
May 26, 2009 Listed $199,500 MLS #9040808
Nov 2, 2001 Sold $150,000 Public Record
Oct 2, 1995 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $171,920 $3,027
2019 $166,920 $2,960
2018 $162,060 $2,869
2017 $157,340 $2,780
2016 $152,760 $2,702
2015 $148,320 $2,598
2014 $144,000 $2,586
2013 $139,810 $2,558
2012 $135,740 $2,461
2011 $131,790 $2,385
2010 $127,960 $2,366
2009 $124,240 $2,285
2008 $120,630 $2,208

Property facts

Year built
1940
Property type
multi_family
Stories
1
Beds
4
Baths
2
Living area
1,765 sqft
Lot size
ZIP code
97116
City
Forest Grove
Street
12th Ave
Coordinates
45.51094, -123.10379

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,530
Gross rental yield
8.07%
Implied cap rate
5.24%
Trend-extrapolated value

Frequently asked questions

When did 2423 12th Ave last sell?
2423 12th Ave most recently sold on Sep 8, 2022 for $525,000.
What is the current tax assessment for 2423 12th Ave?
The most recent total assessment for 2423 12th Ave (year 2020) is $171,920 with $3,027 in property tax.
How does 2423 12th Ave's assessment compare to its last sale price?
The current assessment is 67.3% below the last sale price of $525,000.
When was 2423 12th Ave built?
2423 12th Ave was built in 1940.
How does 2423 12th Ave compare to others on 12th Ave?
We track 8 other properties on 12th Ave. Browse the list under "Other properties on 12th Ave" to compare beds, baths, and sale history.
What are the property facts for 2423 12th Ave?
2423 12th Ave is a 4 bed, 2 bath, 1,765 sqft multi_family.
Is 2423 12th Ave a flip candidate?
No — 2423 12th Ave does not appear in our flips dataset.
Is 2423 12th Ave a tax-appeal candidate?
No — 2423 12th Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+11.8%
2026 Q3
$723.9K
2026 Q4
$741.9K
ZIP 97116 — Median Price History + Forecast

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