NOT LISTED FOR SALE

1235 SE 5th St Unit 1255 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $472,980 - $573,000

4 Beds
3 Baths
1,992 Sq Ft
$255/Sq Ft Est. Value

Last Sold October 26, 2017

Last sale price $275,060 $138 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $3,165/month

9 Days on Market

Highlights

  • Private Lot
  • Washer and Dryer
  • 1-Story Property
  • Storage

About This Home

As of October 2017

Owner occupied for the last 25 years. All appliances including washers/dryers and refrigerators stay. Newer 30 year roof. Fenced private yard with 2 sheds. Large rooms. Covered porch. One unit has master bath, tiled entry, updated cabinetry in kitchen and bathrooms, plus rain glass shower door. Indoor laundry facilities with shelves. Car port also has locking storage sheds. Close to Thom Park, schools, shopping and busline.

Last Listed By

Steve Yates

RE/MAX Equity Group License #200712150 Listed on: 09/02/2017

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,254

Year Built

  • Built in 1972

Lot Details

  • Private Lot
  • Level Lot

Parking

  • Carport
  • Assigned Parking

Home Design

  • Stem Wall Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

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

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,254

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1992
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Existing
  • Remarks Public: Owner occupied for the last 25 years. All appliances including washers/dryers and refrigerators stay. Newer 30 year roof. Fenced private yard with 2 sheds. Large rooms. Covered porch. One unit has master bath, tiled entry, updated cabinetry in kitchen and bathrooms, plus rain glass shower door. Indoor laundry facilities with shelves. Car port also has locking storage sheds. Close to Thom Park, schools, shopping and busline.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WHITEHEADS ADD, BLOCK B, S 160' OF LOT 1 EXC W 60' & EXC PT IN ST
  • Basement: Crawl Space
  • Storage: Attached

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Stem Wall

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Assigned, Carport

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level, Private
  • Zoning: LDR-5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2979.35
  • Assessor Parcel Number: R305365

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 28.56

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
Sep 2, 2017
Closed on
Sep 12, 2017
Sold by
Krahmer Donald L
Bought by
Griffin Cory and Griffin Jennifer
Seller's Agent
Steve Yates
RE/MAX Equity Group
Buyer's Agent
Jill Whitehead
Wayne Lindquist & Associates LLC
List Price
$299,900
Sold Price
$275,060
Premium/Discount to List
-$24,840
-8.28%
Total Days on Market
9
Current Estimated Value
$506,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,935
Avg. Annual Appreciation
7.23%
Original Mortgage
$206,295
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2013
Sold by
Krahmer Donald L
Bought by
Krahmer Donald L and Donald L Krahmer Sr Revocable Living Tru

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
Griffin Cory $275,060 First American
Krahmer Donald L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Griffin Cory $269,500
Closed Griffin Cory $206,295
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2017 10/26/17 Sold $275,060 -8.3% $138 / Sq Ft
09/11/2017 09/11/17 Pending -- -- --
09/02/2017 09/02/17 For Sale $299,900 -- $151 / 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 $4,254 $225,950 $0 $0
2022 $4,135 $219,370 $0 $0
2021 $4,031 $212,990 $0 $0
2020 $3,793 $206,790 $0 $0
2019 $3,694 $200,770 $0 $0
2018 $3,522 $194,930 $0 $0
2017 $3,379 $189,260 $0 $0
2016 $2,979 $183,750 $0 $0
2015 $2,915 $178,400 $0 $0
2014 $2,657 $166,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Yates

    Seller's Agent in 2017

    Steve Yates

    RE/MAX

    (503) 329-1030

    87 Total Sales

    Steve Yates
    Section Image

  • J

    Buyer's Agent in 2017

    Jill Whitehead

    Wayne Lindquist & Associates LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17629731

Regional Multiple Listing Service (RMLS)

APN: R305365

Oregon Multnomah County Gresham 97080 Historic Southeast

1235 SE 5th St Unit 1255, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1235 SE 5th St Unit 1255, Gresham, OR 97080 since 02 September 2017 and is currently estimated at $506,995, approximately $254 per square foot. This property was built in 1972. 1235 SE 5th St Unit 1255 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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