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394 Farm Way

Forest Grove, OR 97116

3 bd 3 ba 1,580 sqft Built 1995 Lot 5,662 sqft single_family
Most recent sale
$540,000
Jun 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 22, 2022 Sold $540,000 MLS #22541987
May 7, 2022 Price changed $540,000 MLS #22541987
Apr 29, 2022 Listed $550,000 MLS #22541987
Jun 26, 2019 Sold $366,000 MLS #19557678
Apr 17, 2019 Price changed $379,900 MLS #19557678
Apr 2, 2019 Listed $385,000 MLS #19557678
Jun 5, 2014 Listing removed $244,500 RMLS
Apr 21, 2014 Price changed $244,500 MLS #14141568
Apr 10, 2014 Listed $249,000 MLS #14141568
Mar 13, 2014 Listing removed $239,900 RMLS
Mar 1, 2014 Relisted $239,900 MLS #14574197
Feb 24, 2014 Listing removed $239,900 RMLS
Feb 17, 2014 Listed $239,900 MLS #14574197
Jan 13, 2006 Sold $219,000 MLS #5086835
Nov 19, 2005 Listed $219,000 MLS #5086835
Jun 22, 1995 Sold $123,950 Public Record
Nov 7, 1994 Sold $28,388 Public Record
Oct 7, 1993 Sold $291,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $247,460 $4,357
2019 $240,260 $4,260
2018 $211,620 $3,746
2017 $205,460 $3,630
2016 $199,480 $3,528
2015 $193,670 $3,393
2014 $188,030 $3,376
2013 $182,560 $3,329
2012 $177,250 $3,151
2011 $173,530 $3,141
2010 $168,480 $3,116
2009 $163,580 $3,009
2008 $158,820 $2,907

Property facts

Year built
1995
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,580 sqft
Lot size
5,662 sqft
ZIP code
97116
City
Forest Grove
Street
Farm Way
Coordinates
45.52839, -123.14002

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,160
Gross rental yield
7.02%
Implied cap rate
4.56%
Trend-extrapolated value

Frequently asked questions

When did 394 Farm Way last sell?
394 Farm Way most recently sold on Jun 22, 2022 for $540,000.
What is the current tax assessment for 394 Farm Way?
The most recent total assessment for 394 Farm Way (year 2020) is $247,460 with $4,357 in property tax.
How does 394 Farm Way's assessment compare to its last sale price?
The current assessment is 54.2% below the last sale price of $540,000.
When was 394 Farm Way built?
394 Farm Way was built in 1995.
How does 394 Farm Way compare to others on Farm Way?
We track 3 other properties on Farm Way. Browse the list under "Other properties on Farm Way" to compare beds, baths, and sale history.
What are the property facts for 394 Farm Way?
394 Farm Way is a 3 bed, 3 bath, 1,580 sqft, 5,662 sqft lot single_family.
Is 394 Farm Way a flip candidate?
No — 394 Farm Way does not appear in our flips dataset.
Is 394 Farm Way a tax-appeal candidate?
No — 394 Farm Way 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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