NOT LISTED FOR SALE

1145 SE 5th St Unit 1155 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $490,000 - $588,000

6 Beds
2 Baths
2,376 Sq Ft
$224/Sq Ft Est. Value

Last Sold April 20, 2021

Last sale price $378,000 $159 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,350/month

94 Days on Market

Highlights

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

About This Home

As of April 2021

BACK ON MARKET AT NO FAULT TO PROPERTY. Do not miss this investment opportunity! A rare find duplex with a 3 bedroom unit under $400,000. This sweet little investment sit across the street from both East Gresham Grade School and Dexter McCarty Middle School. The close proximity to Downtown Gresham makes this a perfect place to be in the middle of it all. Don't hesitate, this won't last long.

Last Listed By

Sarah Carman

Premiere Property Group, LLC License #201225692 Listed on: 12/11/2020

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,761

Year Built

  • Built in 1970

Lot Details

  • 9,583

Parking

  • Carport

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

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

Kitchen

  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,761

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2376
  • Stories: 1
  • Year Built: 1970
  • Property Condition: Approximately
  • Remarks Public: BACK ON MARKET AT NO FAULT TO PROPERTY. Do not miss this investment opportunity! A rare find duplex with a 3 bedroom unit under $400,000. This sweet little investment sit across the street from both East Gresham Grade School and Dexter McCarty Middle School. The close proximity to Downtown Gresham makes this a perfect place to be in the middle of it all. Don't hesitate, this won't last long.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WHITEHEADS ADD, BLOCK B, E 60' OF LOT 3 EXC N 140' & EXC PT IN ST
  • Basement: Crawl Space

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR-5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4133.54
  • Assessor Parcel Number: R305373
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.94

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
Dec 11, 2020
Closed on
Mar 4, 2021
Sold by
Bolen John W
Bought by
Ceja Manuel E Herrera
Seller's Agent
Sarah Carman
Premiere Property Group, LLC
Buyer's Agent
Maribel Chavez
Stella Realty
List Price
$389,900
Sold Price
$378,000
Premium/Discount to List
-$11,900
-3.05%
Total Days on Market
94
Current Estimated Value
$532,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,626
Avg. Annual Appreciation
7.68%
Original Mortgage
$178,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2016
Sold by
Carpe Deal Llc
Bought by
The John L Bolen Residuary Trust

Purchase Details

Closed on
Nov 19, 2014
Sold by
Carpe Deal Llc
Bought by
Wadsworth Nathan Gregor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2013
Sold by
Widmer Grant W
Bought by
Carpe Deal Llc

Purchase Details

Closed on
Jan 8, 1996
Sold by
Winkler Karl J and Winkler Kathleen A
Bought by
Krueger Albert F and Krueger Anna M

Range of Values:

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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
Ceja Manuel E Herrera $378,000 First American
The John L Bolen Residuary Trust -- None Available
Wadsworth Nathan Gregor -- Chicago Title Company
Carpe Deal Llc $143,000 Nextitle
Krueger Albert F -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ceja Manuel E Herrera $164,000
Previous Owner Ceja Manuel E Herrera $178,000
Previous Owner Wadsworth Nathan Gregor $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2021 04/20/21 Sold $378,000 -3.1% $159 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $389,900 0.0% $164 / Sq Ft
01/21/2021 01/21/21 Pending -- -- --
12/11/2020 12/11/20 For Sale $389,900 -- $164 / 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
2023 $4,761 $252,870 $0 $0
2022 $4,628 $245,510 $0 $0
2021 $4,511 $238,360 $0 $0
2020 $4,245 $231,420 $0 $0
2019 $4,134 $224,680 $0 $0
2018 $3,941 $218,140 $0 $0
2017 $3,781 $211,790 $0 $0
2016 $3,334 $205,630 $0 $0
2015 $3,262 $199,650 $0 $0
2014 $3,014 $188,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Carman

    Seller's Agent in 2021

    Sarah Carman

    Premiere Property Group, LLC

    (971) 285-6767

    1 in this area

    40 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Maribel Chavez

    Stella Realty

    (503) 432-9771

    1 in this area

    20 Total Sales

    Maribel Chavez
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20435487

Regional Multiple Listing Service (RMLS)

APN: R305373

Oregon Multnomah County Gresham 97080 Historic Southeast

1145 SE 5th St Unit 1155, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1145 SE 5th St Unit 1155, Gresham, OR 97080 since 11 December 2020 and is currently estimated at $532,626, approximately $224 per square foot. This property was built in 1970. 1145 SE 5th St Unit 1155 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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