NOT LISTED FOR SALE

110 SE Vista Ave Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $721,000 - $844,000

8 Beds
4 Baths
3,452 Sq Ft
$227/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $785,000 $227 Per Sq Ft

Current estimated payment $4,755/month

3 Days on Market

Highlights

  • Property is near bus stop
  • High Speed Internet
  • 1-Story Property
  • Washer and Dryer
  • Level Lot

About This Home

As of October 2021

An investment opportunity you can not pass by. Preforming fourplex FHA loan is not a problem here. No COVID delinquencies. Tenants pay electric and the Property Manager is in the process of converting to prorated utility billing. This equates to more cash flow for you. NO ACCESS WITHOUT YOUR AGENT PRESENT. DO NOT DISTURB TENANTS. Ask your agent for the Investment Calculations.

Last Agent to Sell the Property

James White

Liberty First Realty, LLC License #200702330 Listed on: 09/10/2021

Last Buyer's Agent

John Faris

Faris Realty License #950600235

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1969

Lot Details

  • 0.31

Home Design

  • Pillar, Post or Pier Foundation
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Paved Parking
  • Assigned Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Additional Features

  • Level Lot
  • Property is near bus stop

Community Details

  • 4 Units
  • Property managed by Blue Roof Property Management

Listing and Financial Details

  • Rent includes ground maintenance

Property Details

Home Type

Multi-Family

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3452
  • Stories: 1
  • Year Built: 1969
  • Property Condition: Existing
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SHOEMAKERS ADD, S 75' OF LOT 11-13
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Pillar/Post/Pier, Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Management Name: Blue Roof Property Management
  • Management Phone: 503-420-8880
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: TR

Rental Info

  • Rent Includes: None, Maintenance Grounds

Tax Info

  • Tax Amount: 6187.05
  • Assessor Parcel Number: R270067
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 12.40

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
Apr 1, 2022
Sold by
Faris John G
Bought by
Bgb Properties Llc
Current Estimated Value
$783,420

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 18, 2021
Sold by
Forestwood Llc
Bought by
Faris John G
Seller's Agent
James White
Liberty First Realty, LLC
Buyer's Agent
John Faris
Faris Realty
List Price
$785,000
Sold Price
$785,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.05%
Original Mortgage
$576,975
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2018
Sold by
Scott Leeann
Bought by
Forestwood Llc

Purchase Details

Closed on
Mar 8, 2018
Sold by
Scott Margaret Jennifer
Bought by
Forestwood Llc

Purchase Details

Closed on
Mar 7, 2018
Sold by
Scott Shean Ryan
Bought by
Forestwood Llc

Purchase Details

Closed on
Mar 5, 2018
Sold by
Scott Kathleen Megan
Bought by
Forestwood Llc

Purchase Details

Closed on
Feb 26, 2018
Sold by
Scott Brinton Mehl
Bought by
Forestwood Llc

Purchase Details

Listed on
Oct 11, 2016
Closed on
Nov 29, 2016
Sold by
Macdonald Laurel B
Bought by
Scott Ross Cameron and Norbury Lee Ann
Seller's Agent
Jon Olinghouse
Absolute Real Estate
Buyer's Agent
James White
Liberty First Realty, LLC
List Price
$614,000
Sold Price
$596,500
Premium/Discount to List
-$17,500
-2.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.04%

Purchase Details

Closed on
Oct 11, 2001
Sold by
Knowles Barry Alan
Bought by
Slater Laurel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bgb Properties Llc $86,000 Fidelity National Title
Faris John G $769,300 Fidelity National Title
Forestwood Llc -- None Available
Forestwood Llc -- None Available
Forestwood Llc -- None Available
Forestwood Llc -- None Available
Forestwood Llc -- None Available
Forestwood Llc -- None Available
Scott Ross Cameron $596,500 Fidelity Natl Title Of Or
Slater Laurel B $232,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Faris John G $576,975
Previous Owner Slater Laurel B $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/20/2021 10/20/21 Sold $785,000 0.0% $227 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $785,000 +31.6% $227 / Sq Ft
12/01/2016 12/01/16 Sold $596,500 -2.9% $173 / Sq Ft View Prior Sale
11/10/2016 11/10/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $614,000 -- $178 / 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 $7,957 $391,010 -- --
2024 $7,617 $379,630 -- --
2023 $6,940 $368,580 $0 $0
2022 $6,746 $357,850 $0 $0
2021 $6,576 $347,430 $0 $0
2020 $6,187 $337,320 $0 $0
2019 $6,025 $327,500 $0 $0
2018 $5,745 $317,965 $0 $0
2017 $4,882 $273,440 $0 $0
2016 $4,305 $265,480 $0 $0
2015 $4,212 $257,750 $0 $0
2014 $4,109 $250,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James White

    Seller's Agent in 2021

    James White

    Liberty First Realty, LLC

    (503) 278-5342

    1 in this area

    12 Total Sales

    James White
    Section Image

  • J

    Buyer's Agent in 2021

    John Faris

    Faris Realty

    (503) 997-5646

    1 in this area

    11 Total Sales

    John Faris
    Section Image

  • J

    Seller's Agent in 2016

    Jon Olinghouse

    Absolute Real Estate

    (503) 895-0892

    4 Total Sales

    Jon Olinghouse
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21091716

Regional Multiple Listing Service (RMLS)

APN: R270067

Oregon Multnomah County Gresham 97080 Historic Southeast

110 SE Vista Ave, Gresham, OR

Not Listed for Sale

MultiFamily

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