NOT LISTED FOR SALE

1165 SE 5th St Unit 1175 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $481,000 - $510,000

4 Beds
2 Baths
1,796 Sq Ft
$277/Sq Ft Est. Value

Last Sold April 13, 2020

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

Est. 52% increase in value since last sale

Current estimated payment $3,099/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

  • $5,772

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

$5,772

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
  • 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

  • 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
$497,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,261
Avg. Annual Appreciation
7.89%
Original Mortgage
$315,603
Outstanding Balance
$278,979
Interest Rate
3.4%
Mortgage Type
FHA
Estimated Equity
$218,783
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $5,772 $283,640 -- --
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

    67 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

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