tomo logo

$2,190,000

Beds
3
Baths
3.5
sq ft
3,472

2725 NW Gales Creek Rd, Forest Grove, OR 97116

2725 NW Gales Creek Rd

Forest Grove, OR 97116

  • 634 days on market
    • Price drop $5,000↓
Incredible 54-acre property perfectly adapted to grow wine grapes in the coveted Willamette Valley AVA. The 35 acres of well-drained soils are currently cultivated in grass seed and can easily be converted to vineyard plantation. In close vicinity to the David Hill Winery, and Montinore Estate and Vineyards, the property backs to Gales Creek with a picturesque setting. One large double bay barn, and another 2-story restored vintage barn, can be converted to a production facility, and tasting room respectively. A single-level ranch home w/ vaulted ceilings, custom updates, & pristine landscape featuring 3 -bedrooms, an office, two family rooms, a spacious kitchen, a formal dining room, and a mudroom makes for a perfect living environment. Ideal acreage with water rights for 35 acres. This is an excellent location, minutes to town, with stunning valley views, vineyards, and along the Vineyard & Valley Scenic Tour Route.

Details

Property type

Single Family Residence

Est. home value

$1,419,198

Lot size

54.1 acres

Price per sq ft

$631

Year built

1954

Annual property taxes

$5,104.49

Price History

10/12/2022
PortlandOR

PortlandOR #22162554

Listed
$2,190,000

Schools & Community

Elementary school: 

Dilley

Middle school: 

Neil Armstrong

High school: 

Forest Grove

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

United States Of America

Loan start date

November 2010

Original loan amount

$131,870

Est. remaining balance

$54,554

Interest rate

4.12%

Loan type

Not Provided, 20 year

Seller

John D Petshow and Linda C Petshow

Lender

Wells Fargo Home Mortgage Inc

Loan start date

September 2003

Original loan amount

$475,000

Est. remaining balance

Not provided

Interest rate

5%

Loan type

Not Provided, 30 year

Seller

John D Petshow and Linda C Petshow

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Similar Homes Nearby

Price drop
PortlandOR
$2,395,000
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4.5 ba
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3,601 sq ft
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3995 SW Lafollett Rd, Cornelius, OR 97113

Status: Active

Tomo last checked: 07/07/2024 at 12:35 PM

Listing updated: 05/13/2024 at 9:19 PM

Listed by: Jennifer Nash, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #22162554

PortlandOR logo

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