NOT LISTED FOR SALE

1033 NE 5th St Unit 56 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $401,000 - $430,000

3 Beds
3 Baths
1,938 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $332,900 $172 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,787/month

1 Day on Market

Highlights

  • Gated Community
  • 3-minute walk to Cleveland Avenue
  • Quartz Countertops
  • Engineered Wood Flooring
  • High Ceiling
  • Attached Garage

About This Home

As of October 2020

Gated Community near downtown Gresham w/79 walk & 62 bike score. Open floor-plan w/hardwoods & quartz counter tops. High ceilings with lots of natural light throughout! Master suite & laundry upstairs. Den/office on lower level. Exceptional location close to public transportation. Near parks and shopping."31 New Townhomes" See attached docs for more info. Only 4 units left in the community. Photos of home are of similar unit.

Last Agent to Sell the Property

Marissa Davis

PAC NW Realty Solutions License #200603118 Listed on: 08/09/2020

Last Buyer's Agent

Jordan Matin

Matin Real Estate License #200707018

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,662

Year Built

  • Built in 2020

Lot Details

  • Gated Home

HOA Fees

  • $223 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Deeded Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Soaking Tub
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Crawl Space
  • Quartz Countertops

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Outdoor Features

  • Covered Deck
  • Patio

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

Security

  • Resident Manager or Management On Site
  • Gated Community

Additional Features

  • Maintained Community
  • Common Area

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,662

Year Built

Built in 2020

Lot Details

0

HOA Fees

$223 per month

Parking

1

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Attached
  • Style: Contemporary, Townhouse
  • Sq Ft Calculated: 1551
  • Sq Ft Approximate Total: 1938
  • Stories: 3
  • Warranty: Builder Warranty
  • Year Built: 2020
  • Property Condition: New Construction
  • Remarks Public: Gated Community near downtown Gresham w/79 walk & 62 bike score. Open floor-plan w/hardwoods & quartz counter tops. High ceilings with lots of natural light throughout! Master suite & laundry upstairs. Den/office on lower level. Exceptional location close to public transportation. Near parks and shopping."31 New Townhomes" See attached docs for more info. Only 4 units left in the community. Photos of home are of similar unit.
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential/Commercial
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By Description: Seller/Buyer
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 18-00002568
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Additional Room Features: Deck, Exterior Entry, Closet, Engineered Hardwood
  • Additional Rooms: Den, Storage
  • All Room Features: Deck, Gas Appliances, L Shaped, Exterior Entry, Suite, Walk in Closet, Wall to Wall Carpet, High Ceilings, Closet, Engineered Hardwood
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Interior Amenities: Garage Door Opener, Wall to Wall Carpet, High Ceilings, Soaking Tub, Quartz, Engineered Hardwood
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Gas Appliances, Stainless Steel Appliance(s), Quartz
  • Legal Description: IRONCREST ESTATES, LOT 56
  • Sq Ft Lower Level: 387
  • Sq Ft Main Level: 739
  • Upper Level Sq Ft: 812
  • Bedrooms: 3
  • Master Bedroom: Features: Suite, Walk in Closet, Wall to Wall Carpet,On Level: Upper,Dimensions: 14x12
  • Bedroom 2: On Level: Upper,Dimensions: 10x12
  • Bedroom 3: On Level: Upper,Dimensions: 9x11
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: Features: High Ceilings, Engineered Hardwood,On Level: Main,Dimensions: 12x13
  • Living Room: Features: High Ceilings, Engineered Hardwood,On Level: Main,Dimensions: 18x11
  • Kitchen: Features: Gas Appliances, L Shaped, Engineered Hardwood,On Level: Main
  • Additional Room 1: Description: Den,Features: Exterior Entry, Closet, Engineered Hardwood,On Level: Lower,Dimensions: 9x11
  • Additional Room 2: Description: Storage,Features: Deck,On Level: Main
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Fenced, Patio, Covered Deck
  • Lot Size: 0-2,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 1
  • Garage Type: Attached
  • Parking Description: Driveway, Deeded

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Air Conditioning Ready
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Condo/Co-op/Association

  • HOA Fees: 223
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Townhouse Parking Space Owned: Yes
  • Townhouse Remarks Public: Invest West Management, LLC 12503 SE Mill Plain Blvd, Ste. 260 Vancouver, WA 98684 Melissa McDowell mmcdowell@iwmhoa.com (360) 567-4356 (503) 808-1522 Devyn Estal - (360) 567-4362 destal@iwmhoa.com
  • Association Amenities: Commons, Exterior Maintenance, Insurance, Management, Sewer, Water, Gated, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: East Gresham
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Commons, Light Rail, Gated
  • Acres: 0.04
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 739.57
  • Assessor Parcel Number: R575012
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Dyneeca Adams
Bought by
Reis Sean and Reis Annamaria
Current Estimated Value
$408,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$375,092
Interest Rate
5.27%
Mortgage Type
Balloon
Estimated Equity
$35,202

Purchase Details

Listed on
Aug 9, 2020
Closed on
Oct 13, 2020
Sold by
West Coast Home Solutions Llc
Bought by
Mendez Kevin and Adams Dyneeca
Seller's Agent
Marissa Davis
PAC NW Realty Solutions
Buyer's Agent
Jordan Matin
Matin Real Estate
List Price
$324,900
Sold Price
$332,900
Premium/Discount to List
$8,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.46%
Original Mortgage
$326,369
Interest Rate
2.9%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reis Sean $405,000 Lawyers Title
Mendez Kevin $332,900 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reis Sean $392,000
Previous Owner Mendez Kevin $326,369
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $332,900 +2.5% $172 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
08/09/2020 08/09/20 For Sale $324,900 -- $168 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,662 $194,490 $0 $0
2022 $3,559 $188,830 $0 $0
2021 $3,470 $183,339 $0 $0
2020 $2,329 $126,969 $0 $0
2019 $740 $40,200 $0 $0
2018 $705 $39,030 $0 $0
2017 $677 $37,900 $0 $0
2016 $597 $36,800 $0 $0
2015 $488 $30,750 $0 $0
2014 $441 $27,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marissa Davis

    Seller's Agent in 2020

    Marissa Davis

    PAC NW Realty Solutions

    (503) 680-5329

    7 in this area

    61 Total Sales

    Section Image
  • Jordan Matin

    Buyer's Agent in 2020

    Jordan Matin

    Matin Real Estate

    (503) 447-3599

    2 in this area

    852 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20480497

Regional Multiple Listing Service (RMLS)

APN: R575012

Oregon Multnomah County Gresham 97030 Downtown Gresham

1033 NE 5th St Unit 56, Gresham, OR

This home is located at 1033 NE 5th St Unit 56, Gresham, OR 97030 since 09 August 2020 and is currently estimated at $410,547, approximately $211 per square foot. This property was built in 2020. 1033 NE 5th St Unit 56 is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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