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45157 NW David Hill Rd, Forest Grove, OR 97116 — photograph 1

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45157 NW David Hill Rd, Forest Grove, OR 97116 — photograph 1
22.8 Acres

45157 NW David Hill Rd, Forest Grove

$2,000,000

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PendingMLS®: 24098566Listing held by another brokerage, marked RMLS
Lot size
22.8 acres
Property type
Land
Days on market
63

Overview

Exceptional investment opportunity for land developers and home builders alike in ever-growing Forest Grove! Slightly under 23 acres of timbered and pasture land. Preliminary plat drawings for 63 single family detached lots. Near Thatcher Park and downtown with all the amenities. Adjacent to additional 22.7 acre development parcel (RMLS#24213321) with preliminary plat drawing showing 45 duplex lots (90 units) and 5 single family detached lots. for copy of the preliminary plat drawings. Combine both for excellent opportunity!

Details

Interior

Cooling
No
Heating
No

Exterior and lot

Lot size
22.8 acres
Lot features
Pasture, Wooded
View
Yes
View description
Pond, Territorial, Valley

Schools

High school
Forest Grove
Middle school
Tom McCall
Elementary school
Harvey Clark

Location

City
Forest Grove
County
Washington
Zoning
R10NMU

Taxes and dues

Annual taxes
$33,430 (2023)

Location

45157 NW David Hill Rd, Forest Grove, OR 97116

Map showing the location of 45157 NW David Hill Rd, Forest Grove, OR 97116
© Mapbox © OpenStreetMap

Monthly payment estimate

$13,431 /mo

20% · $400,000
7.00%
Principal and interest
$10,645
Property tax (2023)
$2,786
Total
$13,431

Estimate only, and not an offer of credit. Assumes 20% down ($400,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.

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