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48493 Hillside Rd

Forest Grove, OR 97116

4 bd 5 ba 7,449 sqft Built 2022 Lot 2,194,117 sqft single_family
Most recent sale
$1,035,000
Oct 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 1, 2025 Sold $3,725,000 RMLS
Nov 9, 2024 Price changed $4,650,000 RMLS
Sep 14, 2024 Price changed $4,750,000 RMLS
Jul 2, 2024 Price changed $4,785,000 RMLS
May 13, 2024 Price changed $4,985,000 RMLS
Apr 4, 2024 Listed $5,275,000 RMLS
Jun 9, 2023 Listing removed $1,179,000 RMLS
Mar 20, 2023 Listing removed $3,950,000 RMLS
Sep 10, 2022 Price changed $1,179,000 MLS #22211887
Aug 14, 2022 Price changed $1,179,000 MLS #22211887
May 26, 2022 Price changed $1,279,000 MLS #22211887
May 1, 2022 Listed $3,950,000 MLS #22051313
Oct 22, 2021 Sold $1,035,000 MLS #21335950

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $192,930 $2,413
2021 $187,440 $2,399
2020 $182,100 $2,392
2019 $176,920 $2,335
2018 $171,900 $2,299
2017 $167,010 $2,241
2016 $162,270 $2,184
2015 $123,670 $2,044
2014 $153,190 $2,039
2013 $140,200 $1,918
2012 $137,400 $1,902
2011 $145,350 $1,998
2010 $139,740 $1,975
2009 $139,910 $1,959
2008 $147,390 $2,052
2007 $143,220 $1,990

Property facts

Year built
2022
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
7,449 sqft
Lot size
2,194,117 sqft
ZIP code
97116
City
Forest Grove
Street
Hillside Rd
Coordinates
45.58068, -123.17495

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,210
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 48493 Hillside Rd last sell?
48493 Hillside Rd most recently sold on Oct 22, 2021 for $1,035,000.
What is the current tax assessment for 48493 Hillside Rd?
The most recent total assessment for 48493 Hillside Rd (year 2022) is $192,930 with $2,413 in property tax.
How does 48493 Hillside Rd's assessment compare to its last sale price?
The current assessment is 81.4% below the last sale price of $1,035,000.
When was 48493 Hillside Rd built?
48493 Hillside Rd was built in 2022.
How does 48493 Hillside Rd compare to others on Hillside Rd?
We track 8 other properties on Hillside Rd. Browse the list under "Other properties on Hillside Rd" to compare beds, baths, and sale history.
What are the property facts for 48493 Hillside Rd?
48493 Hillside Rd is a 4 bed, 5 bath, 7,449 sqft, 2,194,117 sqft lot single_family.
Is 48493 Hillside Rd a flip candidate?
No — 48493 Hillside Rd does not appear in our flips dataset.
Is 48493 Hillside Rd a tax-appeal candidate?
No — 48493 Hillside Rd 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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