See Home Value
$1,866,809*
Land - Off Market

1105 SE OAK ST

Hillsboro, OR 97123
bedrooms
Studio
bathrooms
0 Bath
$1,799,000 - $2,197,000
Reference Base Price*
-6.57%
Since Jul 1, 2022
OR-Portland
Primary Model
Sold Jul 08, 2022
$1,750,000
$6,400,000 by Riverview Bank
Mortgage Due Aug 05, 2033
Sold Apr 27, 2022
$1,600,000

About This Property

57 unit Development Opportunity. Permits are ready for purchase!1.06 Acre lot has already been cleared and $250k+ worth of work done to site (i.e)underground utility piping is on-site ready to be installed. Oak Village is a Garden style apartment complex that is made up of five (5) different buildings each of which is three (3) stories. The complex features a mix of 1 bed and 2 beds throughout 57 units with 72 parking spots to accommodate tenants and their guests.
Unit Size
-
Days on Market
-
Land Size
1.05 acres
Price per sqft
-
Property Type
Land
Property Taxes
$5,026
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Jul 8, 2022 Sold $1,750,000
Sold
Jun 17, 2022 No longer available -
No longer available
May 29, 2022 No longer available -
No longer available
May 28, 2022 Listed $1,998,000
Listed
Apr 27, 2022 Sold $1,600,000
Sold
Show More

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: DOUGHTYS SUBDIVISION
  • Land Acres: 1.05
  • Standard Land Use Code: Multi-family-vacant land
  • County Land Use Code: Agricultural/rural
  • Legal Description 1: DOUGHTYS SUBDIVISION, BLOCK C, LOT 4 & 5, ACRES 1.05

Ownership

  • Current Owner : ONE OAK APARTMENTS LLC
  • Previous Owner : OAK STREET VILLAGE LLC
  • Owner Before Previous Owner: SHEKARRIZ LIVING TRUST
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hillsboro School District 1J
  • Census Tract: 032409

Zoning

  • Zoning: SCC-DT

Geography

  • District: 51
  • Parcel: R323073
  • Block: C
  • Lot: 4,5
  • Meridian: SEC 06 TWN 01S RNG 02W
  • Municipality: HILLSBORO
  • Latitude: 45.519
  • Longitude: -122.972

    Address

  • Full Address: 1105 Se Oak St
  • Address - House Number: 1105
  • Street Direction: SE
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: OR
  • City Name: Hillsboro
  • Carrier Code: C049
  • 4-Digit Zip Code: 4353
  • Zip Code: 97123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,272
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 007.42

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $6,400,000
  • First Open Lien Mortgage Lender: RIVERVIEW BANK
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Loan Amount: $6,400,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Aug 05, 2033

    Market Valuation

  • Market Total Value: $1,425,000
  • Market Land Value: $1,425,000

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $322,280

    Sales

  • Current Sale Contract Date: Jul 07, 2022
  • Current Sale Recording Date: Jul 08, 2022
  • Current Sale Transaction ID: 11891559103
  • Current Sale Price: $1,750,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 44557
  • Previous Sale Recording Date: Apr 27, 2022
  • Previous Sale Contract Date: Apr 23, 2022
  • Previous Sale Amount: $1,600,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: SFA COMMERCIAL LLC
  • First Mortgage Transaction Date: Jul 08, 2022
  • First Mortgage Loan Amount: $1,793,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Commercial
Loft
-
4,034 ft²
$446/ft²
$1,799,000 May 20, 2022
-
$3,641/mo

About Central Hillsboro


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Frequently Asked Questions

When was property at 1105 Southeast Oak Street built and last sold?
The property at 1105 Southeast Oak Street was built in and last sold on Jul 7, 2022 for $1,750,000.
How much is this home worth?
The estimated value of the home located at 1105 Southeast Oak Street is $2,017,980.
What are some comparable homes to 1105 Southeast Oak Street?
There are currently no comparable homes to 1105 Southeast Oak Street.

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