NOT LISTED FOR SALE

1165 SE 5th St Unit 1175 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $491,749 - $589,000

4 Beds
2 Baths
1,796 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $326,500 $182 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,217/month

128 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Attached Garage
  • Lap Siding

About This Home

As of April 2020

Great Gresham investment! 1165 SE 5th Has 2 bedrooms, 1 bath, laundry room,1 car garage and a fireplace!1175 SE 5th has 2 bedrooms, 1 bath, 1 car garage. This great one-level,side-by-side Duplex is across from the newly renovated,Amazing,state-of-the-art, East Gresham Grade school. Convenient location close to everything! Across the street from elementary and middle schools.

Last Agent to Sell the Property

Vance Corcoran

John L Scott Portland SW License #950400248 Listed on: 10/09/2019

John L Scott Portland SW

Last Buyer's Agent

Oksana Ianos

MORE Realty License #201219842

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,525

Year Built

  • Built in 1971

Lot Details

  • 10,498

Parking

  • Attached Garage

Home Design

  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Range
  • Washer and Dryer Hookup

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,525

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1796
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Existing
  • Remarks Public: Great Gresham investment! 1165 SE 5th Has 2 bedrooms, 1 bath, laundry room,1 car garage and a fireplace!1175 SE 5th has 2 bedrooms, 1 bath, 1 car garage. This great one-level,side-by-side Duplex is across from the newly renovated,Amazing,state-of-the-art, East Gresham Grade school. Convenient location close to everything! Across the street from elementary and middle schools.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WHITEHEADS ADD, BLOCK B, W 60' OF LOT 2 EXC N 150' & EXC PT IN ST
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR-5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3924.50
  • Assessor Parcel Number: R305368
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.57

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
Oct 9, 2019
Closed on
Apr 3, 2020
Sold by
Munsell Paul R
Bought by
Vorobets Cristi D and Vorobets Vladimir
Seller's Agent
Vance Corcoran
John L Scott Portland SW
Buyer's Agent
Oksana Ianos
MORE Realty
List Price
$359,000
Sold Price
$326,500
Premium/Discount to List
-$32,500
-9.05%
Current Estimated Value
$521,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,437
Avg. Annual Appreciation
8.76%
Original Mortgage
$315,603
Outstanding Balance
$280,192
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$235,697
Source: Public Records

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
Vorobets Cristi D $326,500 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vorobets Cristi D $315,603
Previous Owner Munsell Paul Robert $168,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $326,500 -4.0% $182 / Sq Ft
02/14/2020 02/14/20 Pending -- -- --
01/26/2020 01/26/20 Price Changed $339,950 -5.3% $189 / Sq Ft
01/13/2020 01/13/20 For Sale $359,000 +10.0% $200 / Sq Ft
12/16/2019 12/16/19 Off Market $326,500 -- --
10/09/2019 10/09/19 For Sale $359,000 -- $200 / 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 $5,525 $275,380 -- --
2023 $5,034 $267,360 $0 $0
2022 $4,893 $259,580 $0 $0
2021 $4,770 $252,027 $0 $0
2020 $4,226 $230,430 $0 $0
2019 $4,116 $223,720 $0 $0
2018 $3,925 $217,210 $0 $0
2017 $3,765 $210,890 $0 $0
2016 $3,320 $204,750 $0 $0
2015 $3,248 $198,790 $0 $0
2014 $3,083 $193,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vance Corcoran

    Seller's Agent in 2020

    Vance Corcoran

    John L Scott Portland SW

    (503) 267-9221

    68 Total Sales

    Vance Corcoran
    Section Image

  • O

    Buyer's Agent in 2020

    Oksana Ianos

    MORE Realty

    (503) 353-6673

    10 Total Sales

    Oksana Ianos
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19343443

Regional Multiple Listing Service (RMLS)

APN: R305368

Oregon Multnomah County Gresham 97080 Historic Southeast

1165 SE 5th St Unit 1175, Gresham, OR

This home is located at 1165 SE 5th St Unit 1175, Gresham, OR 97080 since 09 October 2019 and is currently estimated at $521,937, approximately $290 per square foot. This property was built in 1971. 1165 SE 5th St Unit 1175 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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