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1518 Spring Garden Way

Forest Grove, OR 97116

3 bd 2 ba 1,184 sqft Built 1980 Lot 15,246 sqft single_family
Most recent sale
$531,000
Apr 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 28, 2022 Sold $531,000 MLS #22220661
Mar 17, 2022 Price changed $530,000 MLS #22220661
Feb 25, 2022 Listed $536,000 MLS #22220661
Sep 23, 2021 Sold $492,900 Public Record
Jun 30, 2006 Sold $235,500 MLS #6036653
May 11, 2006 Listed $235,500 MLS #6036653
May 28, 2002 Sold $128,000 Public Record
Jun 1, 1981 Sold $59,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $170,210 $2,997
2019 $165,260 $2,930
2018 $160,450 $2,840
2017 $155,780 $2,753
2016 $151,250 $2,675
2015 $146,850 $2,572
2014 $142,580 $2,560
2013 $138,430 $2,533
2012 $134,400 $2,436
2011 $130,490 $2,362
2010 $126,690 $2,343
2009 $123,000 $2,262
2008 $119,420 $2,186

Property facts

Year built
1980
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,184 sqft
Lot size
15,246 sqft
ZIP code
97116
City
Forest Grove
Street
Spring Garden Way
Coordinates
45.52784, -123.12091

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
$2,368
Gross rental yield
5.35%
Implied cap rate
3.48%
Trend-extrapolated value

Frequently asked questions

When did 1518 Spring Garden Way last sell?
1518 Spring Garden Way most recently sold on Apr 28, 2022 for $531,000.
What is the current tax assessment for 1518 Spring Garden Way?
The most recent total assessment for 1518 Spring Garden Way (year 2020) is $170,210 with $2,997 in property tax.
How does 1518 Spring Garden Way's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $531,000.
When was 1518 Spring Garden Way built?
1518 Spring Garden Way was built in 1980.
How does 1518 Spring Garden Way compare to others on Spring Garden Way?
We track 8 other properties on Spring Garden Way. Browse the list under "Other properties on Spring Garden Way" to compare beds, baths, and sale history.
What are the property facts for 1518 Spring Garden Way?
1518 Spring Garden Way is a 3 bed, 2 bath, 1,184 sqft, 15,246 sqft lot single_family.
Is 1518 Spring Garden Way a flip candidate?
No — 1518 Spring Garden Way does not appear in our flips dataset.
Is 1518 Spring Garden Way a tax-appeal candidate?
No — 1518 Spring Garden 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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