NOT LISTED FOR SALE

1241 SE Olvera Place Unit 1245 Gresham, OR 97080

Kelly Creek Neighborhood

Estimated Value: $537,109 - $582,000

4 Beds
4 Baths
2,780 Sq Ft
$200/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $552,500 $199 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $3,508/month

45 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Washer and Dryer
  • Wood Flooring
  • Garage
  • Level Lot

About This Home

As of March 2022

Charming, turn-key ready duplex in quiet neighborhood. Great opportunity for investment or a first-time home buyer to live in one unit, and continue renting the other. Large, fenced backyard with deck off kitchen/dining area. Deck stairs allow easy access to backyard & covered patio area. Large living area and bedrooms. Newer furnaces in both units. Ideal location to parks, stores, and schools. Mt. Hood recreation less than 1 hour away. A must see!

Last Listed By

Paul Sowards

Call it Closed International, Inc License #201225795 Listed on: 01/24/2022

Call it Closed International, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • Cul-De-Sac
  • Level Lot

Home Design

  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Wood Flooring
  • Washer and Dryer

Basement

  • Exterior Basement Entry
  • Crawl Space
  • Natural lighting in basement

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

  • Heating System Uses Gas
  • 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

$4,898

Year Built

Built in 1981 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2780
  • Stories: 2
  • Year Built: 1981
  • Property Condition: Updated/Remodeled
  • Remarks Public: Charming, turn-key ready duplex in quiet neighborhood. Great opportunity for investment or a first-time home buyer to live in one unit, and continue renting the other. Large, fenced backyard with deck off kitchen/dining area. Deck stairs allow easy access to backyard & covered patio area. Large living area and bedrooms. Newer furnaces in both units. Ideal location to parks, stores, and schools. Mt. Hood recreation less than 1 hour away. A must see!
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PFEIFER ADDITION, BLOCK 4, LOT 7
  • Basement: Crawl Space, Daylight, Exterior Entry
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Other
  • Security: None

Condo/Co-op/Association

  • Unit Features: Deck, Refrigerator, Washer/Dryer, Wood Floors

Schools

  • Elementary School: Kelly Creek
  • Middle School: Gordon Russell
  • High School: Sam Barlow

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: LDR-5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4641.72
  • Assessor Parcel Number: R242944
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 20.67

MLS Schools

  • Elementary School: Kelly Creek
  • High School: Sam Barlow
  • Middle School: Gordon Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 29, 2022
Sold by
Towne Annette C
Bought by
Colon George
Seller's Agent
Paul Sowards
Call it Closed International, Inc
Buyer's Agent
Diana Ferguson
Keller Williams Realty Portland Elite
List Price
$550,000
Sold Price
$552,500
Premium/Discount to List
$2,500
0.45%
Total Days on Market
45
Current Estimated Value
$556,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,027
Avg. Annual Appreciation
-0.59%
Original Mortgage
$442,000
Outstanding Balance
$420,652
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$121,783

Purchase Details

Closed on
Dec 20, 2016
Sold by
Anderson David L
Bought by
Towne Annette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2016
Sold by
Anderson David L
Bought by
Anderson David L and Towne Annette C

Purchase Details

Closed on
Sep 4, 2013
Sold by
Nord Pamela M
Bought by
Nord Pamela M and Nord Glen C

Purchase Details

Listed on
Jun 10, 2012
Closed on
Aug 1, 2012
Sold by
Plant Sherrilynn
Bought by
Anderson David L
Seller's Agent
Steven Ticknor
Portland Lifestyle Team
Buyer's Agent
Wilma Lambert
Call it Closed International, Inc
List Price
$190,000
Sold Price
$190,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$152,625
Interest Rate
3.62%
Mortgage Type
FHA

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
Colon George $552,500 Lawyers Title
Towne Annette C -- Chicago Title
Anderson David L -- None Available
Nord Pamela M $132,000 Accommodation
Anderson David L $190,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon George $442,000
Previous Owner Towne Annette C $155,000
Previous Owner Anderson David L $152,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2022 03/31/22 Sold $552,500 +0.5% $199 / Sq Ft
03/21/2022 03/21/22 For Sale $550,000 -0.5% $198 / Sq Ft
03/18/2022 03/18/22 Off Market $552,500 -- --
03/10/2022 03/10/22 Pending -- -- --
03/04/2022 03/04/22 Price Changed $550,000 0.0% $198 / Sq Ft
03/04/2022 03/04/22 For Sale $550,000 0.0% $198 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/12/2022 02/12/22 For Sale $549,900 0.0% $198 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $549,900 +189.4% $198 / Sq Ft
07/30/2012 07/30/12 Sold $190,000 0.0% $68 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
06/10/2012 06/10/12 For Sale $190,000 -- $68 / 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 $4,898 $260,170 $0 $0
2022 $4,762 $252,600 $0 $0
2021 $4,642 $245,250 $0 $0
2020 $4,367 $238,110 $0 $0
2019 $4,253 $231,180 $0 $0
2018 $4,055 $224,450 $0 $0
2017 $3,891 $217,920 $0 $0
2016 $3,431 $211,580 $0 $0
2015 $3,357 $205,420 $0 $0
2014 $3,274 $199,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Paul Sowards

    Call it Closed International, Inc

    (503) 353-6673

    1 in this area

    26 Total Sales

    Paul Sowards
    Section Image
  • Diana Ferguson

    Buyer's Agent in 2022

    Diana Ferguson

    Keller Williams Realty Portland Elite

    (503) 406-8789

    3 in this area

    189 Total Sales

    Diana Ferguson
    Section Image

  • S

    Seller's Agent in 2012

    Steven Ticknor

    Portland Lifestyle Team

  • W

    Buyer's Agent in 2012

    Wilma Lambert

    Call it Closed International, Inc

    (503) 427-0372

    19 Total Sales

    Wilma Lambert
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22437630

Regional Multiple Listing Service (RMLS)

APN: R242944

Oregon Multnomah County Gresham 97080 Kelly Creek

1241 SE Olvera Place Unit 1245, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1241 SE Olvera Place Unit 1245, Gresham, OR 97080 since 24 January 2022 and is currently estimated at $556,527, approximately $200 per square foot. This property was built in 1981. 1241 SE Olvera Place Unit 1245 is a home located in Multnomah County with nearby schools including Kelly Creek Elementary School, Gordon Russell Middle School, and Sam Barlow 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.

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