Check Availability

505 Ballad Way

505 Ballad Way, Forest Grove, OR 97116
House in Washington
Sold Jul 26, 2019
$325,000
$315,250 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Sold Nov 10, 2016
$290,000
$284,747 by Universal American Mortgage Co
Mortgage Due Dec 01, 2046
505 Ballad Way has been categorized by the local assessors in Forest Grove, OR as a residential type of property. The building on the property was first built in 1992 and is 32 years old. However, we must point out that the home was most recently renovated and altered in 1995. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 505 Ballad Way has 1,224 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,837 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 26, 2019 for $325,000. That's $188.08 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2016 for $290,000. 505 Ballad Way was last assessed in 2024. The total value of the property was assessed at $214,220. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,904. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Average
  • Construction Type: Wood
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,837
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BALLAD TOWNE NO.2
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential common area (condo/pud/etc.)
  • State Land Use Code: Residential common area (condo/pud/etc.)
  • Legal Description 1: BALLAD TOWNE NO.2, LOT 54

Ownership

  • Current Owner : NELSON RYAN SCOTT
  • Previous Owner : WATTS TIMOTHY J
  • Owner Before Previous Owner: REED JOHN B
  • Owner Before Previous Owner 2: MULHERN SHAWN M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Forest Grove School District 15
  • Census Tract: 033302

Zoning

  • Zoning: R-7

Geography

  • District: 49
  • Parcel: R1116599
  • Lot: 54
  • Meridian: SEC 35 TWN 01N RNG 04W
  • Municipality: FOREST GROVE
  • Latitude: 45.5296
  • Longitude: -123.139

    Address

  • Full Address: 505 Ballad Way
  • Address - House Number: 505
  • Address - Street Name: Ballad
  • Address - Suffix Type: Way
  • State: OR
  • City Name: Forest Grove
  • Carrier Code: C012
  • 4-Digit Zip Code: 1171
  • Zip Code: 97116

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,904
  • Tax Rate Code Area: 015.19

    Appraisal Valuation

  • Standard Deviation: 0.1036
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 89
  • Final Value: 430,682
  • High Value: 475,336
  • Low Value: 386,028

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,250
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 26, 2019
  • First Open Lien Mortgage Loan Amount: $315,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2049

    Market Valuation

  • Market Total Value: $390,730
  • Market Land Value: $218,860
  • Market Improvement Value: $171,870

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $214,220

    Sales

  • Current Sale Contract Date: Jul 26, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11626887111
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-048603
  • Previous Sale Recording Date: Nov 10, 2016
  • Previous Sale Contract Date: Nov 09, 2016
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $315,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Nov 10, 2016
  • Previous Mortgage Loan Amount: $284,747
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Forest Grove



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 2218 19th Ave. # R, Forest Grove, OR, 97116

$950 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
2218 19th Ave. # R #2218 19th Ave. # R, Forest Grove, OR, 97116 Listing by Manager
Unit for rent at 2445 25th Avenue, Forest Grove, OR, 97116

$2,200 /mo

  • 4 Beds
  • 2.5 Baths
  • 1,874 ft²
2445 25th Avenue #2445 25th Avenue, Forest Grove, OR, 97116 Listing by Manager

Frequently Asked Questions

What neighborhood is 505 Ballad Way located in?
The 505 Ballad Way is a house located in the neighborhood of Washington in Forest Grove, Forest Grove.
What is the average sales price for listings in 505 Ballad Way?
The average sales price for units in 505 Ballad Way is $0 currently.

Quantcast