For SaleRisky Deal1 days on market

22623 SW Cowlitz Dr

22623 SW Cowlitz Dr, Tualatin, OR 97062, Tualatin, OR 97062
$699,000

Listing Price

Property image 1
22623 SW Cowlitz Dr, Tualatin, OR 97062
Loc: Tualatin, OR
Days Listed
1
Tax Assessed
$698k
Lot Size
5,663 sqft
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

5

Tualatin Elementary School

PK-5
1.4 mi away
3

Hazelbrook Middle School

6-8
2.6 mi away
4

Tualatin High School

9-12
1.1 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

craftsmantwo-storycedar sidingattached garagegabled roofcovered porchmanicured lawnlandscaped gardensuburbanfamily homewood shingle accentsstone accentstraditionalcozy

Haven AI Verdict

Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.07%
Total ROI
90.8%
Cash Flow
$-90/mo
DSCR
0.98
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-90/mo net cash flow with a 6.1% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths
  • • Favorable cap rate profile (6.1%)
  • • Strong rental demand in Tualatin
Considerations
  • • Verify historical operating expenses and local tax assessment
  • • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-24Listed for sale$699,000$278
2004-09-30Sold$373,000$149

Tax History

YearProperty TaxTax Assessment
2025$9,032.62$482,530
2024$8,206.97$468,480
2023$7,992.36$454,840
2022$7,646.85$441,600
2021$7,460.22$0
2020$7,238.56$416,260
2019$7,044.21$404,140
2018$6,758.49$404,140
2017$6,758.49$380,950
2016$6,067.11$369,860
2015$6,067.11$359,090
2014$5,778.12$348,640
2013$5,242.77$338,490
2012$5,171.58$328,640
2011$5,429.34$401,920
2010$5,301.8$396,550
2009$5,224.05$426,390
2008$4,992.99$484,560
2007$4,897.29$511,920
2006$4,526.42$478,100
2005$4,555.25$383,420
2004$658.65$96,520
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,510

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