NOT LISTED FOR SALE

1105 SE 5th St Unit 1115 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $479,000 - $553,000

5 Beds
2 Baths
1,946 Sq Ft
$267/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $424,000 $218 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,184/month

Highlights

  • Fireplace
  • Washer and Dryer
  • Lap Siding
  • Storage
  • Level Lot
  • 1-Story Property

About This Home

As of November 2020

Across from brand new schools (Elementary and Middle School). See RMLS# 204192764 for next door property, also for sale by same owner. The 3-bedroom unit also has a 12'x12' bonus room. Near old town Gresham. Walk score of 71. Open house on Sunday, August 30th, 11:00 AM - 2:00 PM for unit 1105.

Last Agent to Sell the Property

David Martin

Belrose Realty, LLC License #201206120 Listed on: 08/29/2020

Last Buyer's Agent

Magdoleen Eskandar

Oregon First License #200501214

Oregon First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,269

Year Built

  • Built in 1971

Lot Details

  • 7,492

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Crawl Space
  • Dishwasher

Parking

  • Carport
  • Paved Parking

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,269

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1946
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Approximately
  • Remarks Public: Across from brand new schools (Elementary and Middle School). See RMLS# 204192764 for next door property, also for sale by same owner. The 3-bedroom unit also has a 12'x12' bonus room. Near old town Gresham. Walk score of 71. Open house on Sunday, August 30th, 11:00 AM - 2:00 PM for unit 1105.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WHITEHEADS ADD, BLOCK B, S 150' OF W 60' OF LOT 3 EXC PT IN ST
  • Basement: Crawl Space
  • Storage: Attached, Individual Storage Units

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Security: None

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer

Schools

  • Elementary School: East Gresham
  • Middle School: Dexter McCarty
  • High School: Gresham
  • School High2: Sprngwatr Trail

Lot Info

  • Lot Description: Level
  • Zoning: LDR-5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3945.00
  • Assessor Parcel Number: R305374
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.42

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2020
Closed on
Nov 18, 2020
Sold by
Bolen Real Estate Investments Llc
Bought by
Somail Wajeh and Labib Madeha E
Seller's Agent
David Martin
Belrose Realty, LLC
Buyer's Agent
Magdoleen Eskandar
Oregon First
List Price
$424,000
Sold Price
$424,000
Current Estimated Value
$519,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,739
Avg. Annual Appreciation
4.59%
Original Mortgage
$360,400
Outstanding Balance
$321,436
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$205,079

Purchase Details

Closed on
Sep 17, 2013
Sold by
Widmer Grant W
Bought by
Bolen Real Estate Investments Llc
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
Somail Wajeh $424,000 First American
Bolen Real Estate Investments Llc $147,000 Nextitle
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somail Wajeh $360,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $424,000 0.0% $218 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $424,000 0.0% $218 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $424,000 0.0% $218 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/29/2020 08/29/20 For Sale $424,000 -- $218 / 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
2024 $5,269 $262,630 -- --
2023 $4,801 $254,990 $0 $0
2022 $4,667 $247,570 $0 $0
2021 $4,549 $240,366 $0 $0
2020 $4,051 $220,880 $0 $0
2019 $3,945 $214,450 $0 $0
2018 $3,762 $208,210 $0 $0
2017 $3,609 $202,150 $0 $0
2016 $3,182 $196,270 $0 $0
2015 $3,114 $190,560 $0 $0
2014 $2,953 $184,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    David Martin

    Belrose Realty, LLC

    (503) 314-1946

    1 in this area

    2 Total Sales

    David Martin
    Section Image

  • M

    Buyer's Agent in 2020

    Magdoleen Eskandar

    Oregon First

    (503) 667-5686

    1 in this area

    14 Total Sales

    Magdoleen Eskandar
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20419274

Regional Multiple Listing Service (RMLS)

APN: R305374

Oregon Multnomah County Gresham 97080 Historic Southeast

1105 SE 5th St Unit 1115, Gresham, OR

This home is located at 1105 SE 5th St Unit 1115, Gresham, OR 97080 since 29 August 2020 and is currently estimated at $519,739, approximately $267 per square foot. This property was built in 1971. 1105 SE 5th St Unit 1115 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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