1405 Madrona Ln
Forest Grove, OR 97116
3 bd 2 ba 1,196 sqft Built 1968 Lot 8,712 sqft single_family
Most recent sale
$500,000
Jun 17, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 17, 2022 | Sold | $500,000 | MLS #22060033 |
| May 24, 2022 | Listed | $495,000 | MLS #22060033 |
| Mar 5, 2019 | Sold | $324,900 | MLS #18626938 |
| Jan 23, 2019 | Listed | $329,900 | MLS #18626938 |
| Jan 12, 2019 | Listing removed | $329,900 | RMLS |
| Dec 19, 2018 | Listing removed | $329,900 | RMLS |
| Nov 30, 2018 | Listed | $329,900 | MLS #18360402 |
| Aug 3, 2018 | Sold | $197,500 | Public Record |
| Sep 28, 2004 | Sold | $141,500 | MLS #4006837 |
| Feb 6, 2004 | Listed | $141,500 | MLS #4006837 |
| Jul 12, 1996 | Sold | $116,000 | Public Record |
| Oct 1, 1979 | Sold | $52,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $187,530 | $3,302 |
| 2019 | — | — | $182,070 | $3,228 |
| 2018 | — | — | $149,070 | $2,639 |
| 2017 | — | — | $144,730 | $2,557 |
| 2016 | — | — | $140,520 | $2,485 |
| 2015 | — | — | $136,430 | $2,390 |
| 2014 | — | — | $132,460 | $2,378 |
| 2013 | — | — | $128,610 | $2,353 |
| 2012 | — | — | $124,870 | $2,264 |
| 2011 | — | — | $121,240 | $2,194 |
| 2010 | — | — | $117,710 | $2,177 |
| 2009 | — | — | $114,290 | $2,102 |
| 2008 | — | — | $110,970 | $2,031 |
Property facts
Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,196 sqft
Lot size
8,712 sqft
ZIP code
97116
City
Forest Grove
Street
Madrona Ln
Coordinates
45.51274, -123.09208
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
$2,392
Gross rental yield
5.74%
Implied cap rate
3.73%
Trend-extrapolated value
—
Frequently asked questions
When did 1405 Madrona Ln last sell?
1405 Madrona Ln most recently sold on Jun 17, 2022 for $500,000.
What is the current tax assessment for 1405 Madrona Ln?
The most recent total assessment for 1405 Madrona Ln (year 2020) is $187,530 with $3,302 in property tax.
How does 1405 Madrona Ln's assessment compare to its last sale price?
The current assessment is 62.5% below the last sale price of $500,000.
When was 1405 Madrona Ln built?
1405 Madrona Ln was built in 1968.
How does 1405 Madrona Ln compare to others on Madrona Ln?
We track 2 other properties on Madrona Ln. Browse the list under "Other properties on Madrona Ln" to compare beds, baths, and sale history.
What are the property facts for 1405 Madrona Ln?
1405 Madrona Ln is a 3 bed, 2 bath, 1,196 sqft, 8,712 sqft lot single_family.
Is 1405 Madrona Ln a flip candidate?
Yes — 1405 Madrona Ln appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1405 Madrona Ln a tax-appeal candidate?
No — 1405 Madrona 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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