47980 NW Waldheim Way, Forest Grove, OR, 97116
About This Home
Rare property! 2 properties being sold together. 1196 sq ft 3 bed 1.5 bath home on .84 acres is a fixer that has great bones but needs significant love. 2nd lot is 4.32 treed acres with it's own building approval. This is a great multigenerational situation. Property will not qualify for standard financing. This will need rehab loan or cash or specialized financing. Close to town but tucked away private treed setting. Elk and Deer frequent the property. Besides having an artesian well there are domestic water rights to a spring also that used to be the water source before the well was drilled. Septic tank was replaced with county inspection in 2024.
Getting Around
Car-Dependent
No Nearby Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1955
Materials
- Foundation: Concrete Perimeter
- Roof: Tile
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Residential,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Free-Standing Range,Electric Water Heater
- Laundry features: Laundry Room
Basement
- Basement: Crawl Space
Bedroom2
- Features: Hardwood Floors,Closet
- Level: Main
- Area: 130
Bedroom3
- Features: Hardwood Floors,Closet
- Level: Main
- Area: 100
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- Partial bathrooms: 1
- Main level bathrooms: 2
Dining Room
- Features: Sliding Doors,Vinyl Floor
- Level: Main
- Area: 121
Features
- Closet,Bathroom,Double Closet
- Door features: Sliding Doors
- Window features: Aluminum Frames
- Flooring: Hardwood,Vinyl
- Number of fireplaces: 1
- Fireplace features: Wood Burning
- Fireplace: Yes
Heating & Cooling
- Heating features: Baseboard,Fireplace(s)
- Cooling features: None
Interior Area
- Total structure area: 1,196
- Total interior livable area: 1,196 sqft
Kitchen
- Features: Dishwasher,Free Standing Range, Vinyl Floor
- Level: Main
- Area: 132
Living Room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 252
Master Bedroom
- Features: Bathroom, Hardwood Floors,Double Closet
- Level: Main
- Area: 150
Property
Accessibility
- Accessibility features: One Level,Accessibility
Details
- Parcel number: R774317, R774291
- Zoning: EFC
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio,Porch
- Exterior features: Yard
- Has view: Yes
- View description: Trees/Woods
Lot
- Lot size: 5.16 Acres
- Features: Brush,Private,Trees,Wooded,Acres 5 to 7
Parking
- Total spaces: 3
- Parking features: Carport,Driveway,RV Access/Parking,Attached
- Has garage: Yes
- Attached garage spaces: 3
- Covered spaces: 3
- Has uncovered spaces: Yes
- Carport: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters in Washington County and Oregon
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,033 | $36,396 |
| Home Insurance * | $130 | $1,560 |
| Property Taxes | $700 | $8,400 |
| Electricity | $176 | $2,119 |
| Total | $4,039 | $48,468 |
Income You'd Need if You Spent...
Oregon FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-06 | Price change | $619,900 |
| 2025-09-17 | Price change | $649,900 |
| 2025-08-04 | Listed for sale | $699,900 |
View on Zillow