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2315 Falls St

Forest Grove, OR 97116

5 bd 2 ba 2,268 sqft Built 2022 Lot 6,970 sqft single_family
Most recent sale
$727,717
Apr 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 30, 2024 Sold $689,000 RMLS
Apr 22, 2022 Sold $727,717 MLS #21063973
Dec 20, 2021 Price changed $699,974 MLS #21063973
Oct 30, 2021 Listed $689,698 MLS #21063973

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $342,190 $6,450
2023 $322,560 $6,055
2022 $144,960 $2,450

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
5
Baths
2
Living area
2,268 sqft
Lot size
6,970 sqft
ZIP code
97116
City
Forest Grove
Street
Falls St
Coordinates
45.52412, -123.12557

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
$4,536
Gross rental yield
7.48%
Implied cap rate
4.86%
Trend-extrapolated value

Frequently asked questions

When did 2315 Falls St last sell?
2315 Falls St most recently sold on Apr 22, 2022 for $727,717.
What is the current tax assessment for 2315 Falls St?
The most recent total assessment for 2315 Falls St (year 2025) is $342,190 with $6,450 in property tax.
How does 2315 Falls St's assessment compare to its last sale price?
The current assessment is 53.0% below the last sale price of $727,717.
When was 2315 Falls St built?
2315 Falls St was built in 2022.
How does 2315 Falls St compare to others on Falls St?
We track 8 other properties on Falls St. Browse the list under "Other properties on Falls St" to compare beds, baths, and sale history.
What are the property facts for 2315 Falls St?
2315 Falls St is a 5 bed, 2 bath, 2,268 sqft, 6,970 sqft lot single_family.
Is 2315 Falls St a flip candidate?
No — 2315 Falls St does not appear in our flips dataset.
Is 2315 Falls St a tax-appeal candidate?
No — 2315 Falls St 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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