NOT LISTED FOR SALE

1048 NE 5th St Unit 12 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $326,094 - $423,000

2 Beds
2.5 Baths
1,354 Sq Ft
$265/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $270,000 $199 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,350/month

26 Days on Market

Highlights

  • New Construction
  • 4-minute walk to Cleveland Avenue
  • Engineered Wood Flooring
  • Gated Community
  • Contemporary Architecture
  • High Ceiling

About This Home

As of September 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. Exceptional location close to public transportation. Near parks and shopping."31 New Townhomes" See attached docs for more info. Only 5 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: 07/13/2020

Last Buyer's Agent

Lyn Stevens

RE/MAX Advantage Group License #790800358

RE/MAX Advantage Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $740

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 871 Sq Ft Lot
  • Gated Home

HOA Fees

  • $223 Monthly HOA Fees

Parking

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

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,354 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Crawl Space

Kitchen

  • Free-Standing Gas Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Soaking Tub

Outdoor Features

  • Balcony
  • Covered Deck
  • Patio

Location

  • Property is near a bus stop

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Builder Warranty
  • Home warranty included in the sale of the property
  • Assessor Parcel Number R574968

Community Details

Overview

  • Invest West Management, Llc Association, Phone Number (360) 567-4356
  • On-Site Maintenance

Amenities

  • Common Area

Security

  • Resident Manager or Management On Site
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$740

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$223 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Warranty: BuilderWarranty
  • Year Built: 2020
  • Property Condition: NewConstruction
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: ResidentialCommercial
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: 18-00002560
  • Property Sub Type: Attached
  • Architectural Style: Contemporary, Townhouse
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Open House: No
  • PublicRemarksAssociation: Invest West Management 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
  • Room 11 Features: GasAppliances,LShaped
  • Room 12 Features: SlidingDoors
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, HighCeilings, Quartz, SoakingTub, WalltoWallCarpet
  • Room 4 Description: Nook
  • Room 4 Level: Upper
  • Room 5 Description: Storage
  • Room 5 Features: Balcony
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, GasAppliances, Microwave, Pantry, Quartz, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Association Contact: Melissa McDowell
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt0Kto2999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredDeck, Fenced, Patio
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Gated, LightRail, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Deeded, Driveway
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, ExteriorMaintenance, Gated, Insurance, MaintenanceGrounds, Management, Sewer, Water
  • Senior Community: No
  • Association Fee: 223.0
  • Association Fee Frequency: Monthly
  • Association Name: Invest West Management, LLC
  • Phone: 360-567-4356
  • Association: Yes
  • Association Email: mmcdowell@iwmhoa.com

Association/Amenities

  • AssociationAddress: 12503 SE Mill Plain Blvd, Ste. 260
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Lot Size Acres: 0.02
  • Lot Size Sq Ft: 871.0
  • Parcel #: R574968

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 739.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 8, 2020
Sold by
West Coast Home Solutions Llc
Bought by
Haak Kimberly Ellen
Seller's Agent
Marissa Davis
PAC NW Realty Solutions
Buyer's Agent
Lyn Stevens
RE/MAX Advantage Group
List Price
$270,000
Sold Price
$270,000
Current Estimated Value
$358,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,774
Avg. Annual Appreciation
5.69%
Original Mortgage
$216,000
Outstanding Balance
$191,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$167,524
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
Haak Kimberly Ellen $270,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haak Kimberly Ellen $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2020 09/10/20 Sold $270,000 0.0% $199 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $270,000 0.0% $199 / Sq Ft
07/21/2020 07/21/20 Off Market $270,000 -- --
07/12/2020 07/12/20 Pending -- -- --
07/12/2020 07/12/20 For Sale $270,000 -- $199 / 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
2025 $2,984 $146,620 -- --
2024 $2,856 $142,350 -- --
2023 $2,602 $138,210 $0 $0
2022 $2,529 $134,190 $0 $0
2021 $2,466 $130,290 $0 $0
2020 $2,320 $126,497 $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

    1 in this area

    57 Total Sales

    Marissa Davis
    Section Image

  • L

    Buyer's Agent in 2020

    Lyn Stevens

    RE/MAX

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20672885

Regional Multiple Listing Service (RMLS)

APN: R574968

Oregon Multnomah County Gresham 97030 Downtown Gresham

1048 NE 5th St Unit 12, Gresham, OR

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