NOT LISTED FOR SALE

1115 SE Roberts Ave Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $957,000 - $1,027,037

10 Beds
4 Baths
3,612 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 17, 2016

Last sale price $637,000 $176 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,867/month

2 Days on Market

Highlights

  • Views
  • Lap Siding
  • 1-Story Property
  • Storage

About This Home

As of November 2016

RARE 4PLEX IN CHARMING NEIGHBORHOOD. 3BDS HAVE UTILITY ROOMS, 2 BDS HAVE FIREPLACES. THREE OF THE UNITS HAVE BEEN REMODELED WITH NEW CARPET, NEW VINYL AND PAINT. MOST HAVE NEW VINYL WINDOWS. UPDATED BATHROOMS, 30 YEAR ROOF IS LESS THAN 10 YEARS OLD, SOME NEW APPLIANCES. LARGE PARTIALLY FINISHED BASEMENT WITH 8 STORAGE ROOMS FOR TENANTS TO RENT, POTENTIAL FOR ADDITIONAL STORAGE OR? RENTS ARE SIGNIFICANTLY BELOW CURRENT MARKET VALUE.

Last Agent to Sell the Property

Greg Messick

RealtyNET, LLC License #200202047 Listed on: 09/19/2016

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,192

Year Built

  • Built in 1968

Lot Details

  • 0.26

Parking

  • Paved Parking
  • Open Parking

Home Design

  • Lap Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer Hookup
  • Basement Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Sloped Lot
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,192

Year Built

Built in 1968

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 3612
  • Stories: 1
  • Year Built: 1968
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Partial Basement, Unfinished, Storage Space
  • Legal Description: SECTION 15 1S 3E, TL 6100 0.26 ACRES
  • Storage: Locked, Basement

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Sloped
  • Zoning: LDR-5

Tax Info

  • Tax Amount: 4775.29
  • Assessor Parcel Number: R340201

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2016
Closed on
Nov 17, 2016
Sold by
Welch Dale E
Bought by
Benito Rose Marie Pe and Benito Ruben Pe
Seller's Agent
Greg Messick
RealtyNET, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$629,000
Sold Price
$637,000
Premium/Discount to List
$8,000
1.27%
Current Estimated Value
$981,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,509
Avg. Annual Appreciation
4.45%
Original Mortgage
$423,000
Outstanding Balance
$340,506
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$596,226

Purchase Details

Closed on
Oct 24, 2006
Sold by
Blanchard Jeffrey
Bought by
Welch Dale E and Welch Kelly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,850
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2005
Sold by
Lagnaf Llc
Bought by
Blanchard Jeffrey and Blanchard Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,350
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 18, 2004
Sold by
G & C Properties Llc
Bought by
Lagnaf Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,286
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 30, 2004
Sold by
S E Roberts Llc
Bought by
G & C Properties 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
Benito Rose Marie Pe $637,000 Lawyers
Welch Dale E $438,600 Fidelity Natl Title Co Of Or
Blanchard Jeffrey $347,700 Pacific Nw Title
Lagnaf Llc -- --
G & C Properties Llc $570,000 First American
S E Roberts Llc -- First American
Nelson Donald P -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benito Rose Marie Pe $423,000
Previous Owner Welch Dale E $355,900
Previous Owner Welch Dale E $350,850
Previous Owner Blanchard Jeffrey $243,350
Previous Owner Lagnaf Llc $580,286
Closed Blanchard Jeffrey $69,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2016 11/17/16 Sold $637,000 +1.3% $176 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/19/2016 09/19/16 For Sale $629,000 -- $174 / 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 $8,192 $408,280 -- --
2023 $7,463 $396,390 $0 $0
2022 $7,254 $384,850 $0 $0
2021 $7,072 $373,650 $0 $0
2020 $6,654 $362,770 $0 $0
2019 $6,480 $352,210 $0 $0
2018 $6,178 $341,953 $0 $0
2017 $5,536 $310,040 $0 $0
2016 $4,881 $301,010 $0 $0
2015 $4,775 $292,250 $0 $0
2014 $4,659 $283,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Messick

    Seller's Agent in 2016

    Greg Messick

    RealtyNET, LLC

    (503) 300-6330

    861 Total Sales

    Greg Messick
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16321648

Regional Multiple Listing Service (RMLS)

APN: R340201

Oregon Multnomah County Gresham 97080 Historic Southeast

1115 SE Roberts Ave, Gresham, OR

This home is located at 1115 SE Roberts Ave, Gresham, OR 97080 since 19 September 2016 and is currently estimated at $981,509, approximately $271 per square foot. This property was built in 1968. 1115 SE Roberts Ave 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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