NOT LISTED FOR SALE

1157 NE 5th St Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $378,000 - $386,000

3 Beds
3 Baths
1,569 Sq Ft
$243/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $359,000 $229 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,710/month

13 Days on Market

Highlights

  • Gated Community
  • 5-minute walk to Cleveland Avenue
  • Stainless Steel Appliances
  • High Ceiling
  • Granite Countertops
  • 1 Car Attached Garage

About This Home

As of March 2023

Lovely Gresham townhome in gated community, with amenities to spare! This three level charmer features a cozy gas fireplace in the living room, with direct access to the balcony, stylish kitchen with granite countertops and stainless steel appliances, high ceilings throughout and primary suite with en-suite bathroom. Cozy fenced back patio area provides space for entertaining year-round. Close to all Gresham has to offer - restaurants, grocery stores, night life, and more! No rental cap!

Last Agent to Sell the Property

Drew Coleman

Opt License #200109070 Listed on: 02/16/2023

Opt

Co-Listed By

Adam Ruben

Premiere Property Group, LLC License #201245920

Last Buyer's Agent

Terrance Brown

Cascade Hasson Sotheby's International Realty License #201238591

Cascade Hasson Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,744

Year Built

  • Built in 2007

Lot Details

  • 1,306 Sq Ft Lot
  • Fenced

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Composition Roof
  • Board and Batten Siding

Interior Spaces

  • 1,569 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Dryer
  • Laminate Flooring

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

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

Listing and Financial Details

  • Assessor Parcel Number R575003

Community Details

Overview

  • Ironcrest Estates HOA, Phone Number (360) 567-4356

Additional Features

  • Common Area
  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,744

Year Built

Built in 2007

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 3
  • Year Built: 2007
  • Property Condition: Resale
  • Property Sub Type: Attached
  • Architectural Style: Townhouse
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 3.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, HighCeilings, LaminateFlooring, WasherDryer
  • Room 4 Description: UtilityRoom
  • Room 4 Level: Upper
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Granite, StainlessSteelAppliance
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Association Contact: Melissa McDowell
  • BathroomsFullLowerLevel: 1
  • BathroomsFullUpperLevel: 2
  • BathroomsTotalLowerLevel: 1.0
  • BathroomsTotalMainLevel: 0.0
  • 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: BoardBattenSiding
  • Exterior Features: Fenced, Patio
  • Lot Size: 0K to 2,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, OffStreet
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: AirConditioningReady
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association Amenities: Commons, Gated, Sewer, Water
  • Senior Community: No
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Association Name: Ironcrest Estates 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: Unknown
  • 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 #: R575003

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3744.37

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2023
Closed on
Mar 27, 2023
Sold by
Slauson Susan Michelle
Bought by
Owens Ariel
Seller's Agent
Drew Coleman
Opt
Buyer's Agent
Terrance Brown
Cascade Hasson Sotheby's International Realty
List Price
$369,000
Sold Price
$359,000
Premium/Discount to List
-$10,000
-2.71%
Total Days on Market
13
Views
62
Current Estimated Value
$381,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,850
Avg. Annual Appreciation
2.82%
Original Mortgage
$352,497
Outstanding Balance
$344,079
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$37,771

Purchase Details

Closed on
Oct 6, 2015
Sold by
Wild Lani R
Bought by
Slauson Susan Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2008
Sold by
Libertybank
Bought by
Wild Lani R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
4.71%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Owens Ariel $359,000 Lawyers Title
Slauson Susan Michelle $175,000 Fidelity Natl Title Co Of Or
Wild Lani R $170,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Ariel $352,497
Previous Owner Slauson Susan Michelle $166,250
Previous Owner Wild Lani R $166,920
Closed Owens Ariel $12,565
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $359,000 0.0% $229 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
02/24/2023 02/24/23 Price Changed $359,000 -2.7% $229 / Sq Ft
02/16/2023 02/16/23 For Sale $369,000 -- $235 / 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 $3,852 $204,590 $0 $0
2022 $3,744 $198,640 $0 $0
2021 $3,650 $192,860 $0 $0
2020 $3,434 $187,250 $0 $0
2019 $3,345 $181,800 $0 $0
2018 $3,189 $176,510 $0 $0
2017 $3,060 $171,370 $0 $0
2016 $2,698 $166,380 $0 $0
2015 $2,640 $161,540 $0 $0
2014 $2,515 $156,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Drew Coleman

    Seller's Agent in 2023

    Drew Coleman

    Opt

    (503) 908-4908

    3 in this area

    908 Total Sales

    Drew Coleman
    Section Image
  • Adam Ruben

    Seller Co-Listing Agent in 2023

    Adam Ruben

    Premiere Property Group, LLC

    (503) 951-7661

    1 in this area

    16 Total Sales

    Adam Ruben
    Section Image
  • Terrance Brown

    Buyer's Agent in 2023

    Terrance Brown

    Cascade Hasson Sotheby's International Realty

    (503) 535-9837

    1 in this area

    55 Total Sales

    Terrance Brown
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23250267

Regional Multiple Listing Service (RMLS)

APN: R575003

Oregon Multnomah County Gresham 97030 Downtown Gresham

1157 NE 5th St, Gresham, OR

This home is located at 1157 NE 5th St, Gresham, OR 97030 since 16 February 2023 and is currently estimated at $381,850, approximately $243 per square foot. This property was built in 2007. 1157 NE 5th St is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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.

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