NOT LISTED FOR SALE

1120 NE 5th St Unit 58 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $366,000 - $458,000

2 Beds
2.5 Baths
1,708 Sq Ft
$231/Sq Ft Est. Value

Last Sold July 17, 2020

Last sale price $293,000 $172 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,801/month

88 Days on Market

Highlights

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

About This Home

As of July 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 with walk-in closet. 3rd bdrm/office on lower level. Exceptional location close to public transportation. Near parks and shopping. "31 New Townhomes" See attached docs for more info. "Inquire w/LA about other unfinished units & completion dates."

Last Agent to Sell the Property

Marissa Davis

PAC NW Realty Solutions License #200603118 Listed on: 03/13/2020

Last Buyer's Agent

Heidi Sakellar

Limbrick Real Estate Group License #201224082

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $705

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 1,306 Sq Ft Lot
  • Gated Home

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

  • 1,708 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Security Gate
  • Laundry Room

Kitchen

  • Free-Standing Gas Range
  • Free-Standing 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

  • Covered Deck
  • Covered Patio or Porch

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 R581777

Community Details

Overview

  • Ironcrest HOA, 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

$705

Year Built

Built in 2020 | New Construction

Lot Details

0

HOA Fees

$446 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: 18-00002574
  • Property Sub Type: Attached
  • Architectural Style: Contemporary, Townhouse
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Open House: No
  • PublicRemarksAssociation: Melissa McDowell Invest West Management, LLC Community Association Manager 12503 SE Mill Plain Blvd, Ste. 260 Vancouver, WA 98684 mmcdowell@iwmhoa.com (360) 567-4356 (503) 808-1522 Devyn Estal - (360) 567-4362 destal@iwmhoa.com
  • Room 11 Features: GasAppliances,KitchenDiningRoomCombo,LShaped
  • Room 12 Features: SlidingDoors
  • Room 8 Features: ExteriorEntry,Patio,SlidingDoors
  • Special Features: NewHome

Interior Features

  • Total Bathrooms: 2.1
  • Interior Amenities: EngineeredHardwood, GarageDoorOpener, HighCeilings, Quartz, SoakingTub, WalltoWallCarpet
  • Room 5 Description: Laundry
  • Room 5 Level: Upper
  • Room 6 Description: Nook
  • Room 6 Level: Upper
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows
  • Appliances: Dishwasher, Disposal, FreeStandingGasRange, FreeStandingRange, GasAppliances, Microwave, 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
  • Additional Room 8 Level: Lower
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding
  • Exterior Features: CoveredDeck, CoveredPatio
  • Lot Size: 0K to 2,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Gated, LightRail
  • 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
  • Security: SecurityGate
  • 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 #2 Fee: 223.0
  • Association Fee: 223.0
  • Association Fee Frequency: Monthly
  • Association Name: Ironcrest HOA
  • Phone: 360-567-4356
  • Association: Yes
  • Association Email: mmcdowell@iwmhoa.com

Association/Amenities

  • AssociationAddress: 12503 SE Mill Plain Blvd, Ste. 260 Vancouver, WA 98684
  • AssociationPendingLitigationYN: No
  • AssociationStatus: Active

Schools

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

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1306.0
  • Parcel #: R581777

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 2200

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 705.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2020
Closed on
Jul 15, 2020
Sold by
West Coast Home Solutions Llc
Bought by
Carty James R
Seller's Agent
Marissa Davis
PAC NW Realty Solutions
Buyer's Agent
Heidi Sakellar
Limbrick Real Estate Group
List Price
$289,000
Sold Price
$293,000
Premium/Discount to List
$4,000
1.38%
Current Estimated Value
$394,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,787
Avg. Annual Appreciation
5.80%
Original Mortgage
$292,350
Outstanding Balance
$258,658
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$136,129
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Carty James R $293,000 Chicago Title Company Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carty James R $292,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2020 07/17/20 Sold $293,000 +1.4% $172 / Sq Ft
06/09/2020 06/09/20 Pending -- -- --
04/10/2020 04/10/20 For Sale $289,000 0.0% $169 / Sq Ft
04/05/2020 04/05/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $289,000 0.0% $169 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/13/2020 03/13/20 For Sale $289,000 -- $169 / 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 $3,466 $170,300 -- --
2024 $3,317 $165,340 -- --
2023 $3,022 $160,530 $0 $0
2022 $2,938 $155,860 $0 $0
2021 $2,864 $151,328 $0 $0
2020 $2,505 $136,580 $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

  • H

    Buyer's Agent in 2020

    Heidi Sakellar

    Limbrick Real Estate Group

    (360) 859-3810

    2 Total Sales

    Heidi Sakellar
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20534413

Regional Multiple Listing Service (RMLS)

APN: R581777

Oregon Multnomah County Gresham 97030 Downtown Gresham

1120 NE 5th St Unit 58, Gresham, OR

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes