518 Ballad Ln
Forest Grove, OR 97116
5 bd 3 ba 2,976 sqft Built 1992 Lot 6,969 sqft single_family
Most recent sale
$640,000
Apr 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 25, 2022 | Sold | $640,000 | MLS #22058192 |
| Mar 18, 2022 | Listed | $600,000 | MLS #22058192 |
| Nov 20, 2013 | Sold | $309,000 | Public Record |
| Apr 19, 2002 | Sold | $205,000 | Public Record |
| Sep 2, 1993 | Sold | $115,000 | Public Record |
| Mar 30, 1992 | Sold | $97,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | — | — | $332,110 | $6,260 |
| 2023 | — | — | $313,050 | $5,876 |
| 2022 | — | — | $303,940 | $5,138 |
| 2021 | — | — | $295,090 | $5,071 |
| 2020 | — | — | $286,500 | $5,044 |
| 2019 | — | — | $278,160 | $4,932 |
| 2018 | — | — | $270,060 | $4,781 |
| 2017 | — | — | $262,200 | $4,633 |
| 2016 | — | — | $254,570 | $4,503 |
| 2015 | — | — | $247,160 | $4,330 |
| 2014 | — | — | $239,970 | $4,309 |
| 2013 | — | — | $232,990 | $4,227 |
| 2012 | — | — | $226,210 | $4,021 |
| 2011 | — | — | $221,680 | $4,012 |
| 2010 | — | — | $215,230 | $3,980 |
| 2009 | — | — | $208,970 | $3,844 |
| 2008 | — | — | $202,890 | $3,714 |
| 2007 | — | — | $196,990 | $3,535 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,976 sqft
Lot size
6,969 sqft
ZIP code
97116
City
Forest Grove
Street
Ballad Ln
Coordinates
45.52757, -123.13769
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,952
Gross rental yield
11.16%
Implied cap rate
7.25%
Trend-extrapolated value
—
Frequently asked questions
When did 518 Ballad Ln last sell?
518 Ballad Ln most recently sold on Apr 25, 2022 for $640,000.
What is the current tax assessment for 518 Ballad Ln?
The most recent total assessment for 518 Ballad Ln (year 2025) is $332,110 with $6,260 in property tax.
How does 518 Ballad Ln's assessment compare to its last sale price?
The current assessment is 48.1% below the last sale price of $640,000.
When was 518 Ballad Ln built?
518 Ballad Ln was built in 1992.
How does 518 Ballad Ln compare to others on Ballad Ln?
We track 8 other properties on Ballad Ln. Browse the list under "Other properties on Ballad Ln" to compare beds, baths, and sale history.
What are the property facts for 518 Ballad Ln?
518 Ballad Ln is a 5 bed, 3 bath, 2,976 sqft, 6,969 sqft lot single_family.
Is 518 Ballad Ln a flip candidate?
No — 518 Ballad Ln does not appear in our flips dataset.
Is 518 Ballad Ln a tax-appeal candidate?
No — 518 Ballad Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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Geography
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