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!
Keller Williams Realty Portland EliteLicense #200503157
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
DateNameOwned ForOwner Type
Mar 2022 - PresentColon George3 Years and 3 Months
Private Individual
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
$562,792
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,292
Avg. Annual Appreciation
0.55%
Original Mortgage
$442,000
Outstanding Balance
$419,311
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$143,060
Dec 2016 - Mar 2022Towne Annette C5 Years and 3 Months
Private Individual
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
Feb 2016 - Dec 2016Anderson David L and Towne Annette C10 Months
Private Individual
Purchase Details
Closed on
Feb 23, 2016
Sold by
Anderson David L
Bought by
Anderson David L and Towne Annette C
Sep 2013 - Feb 2016Nord Pamela M and Nord Glen C2 Years and 5 Months
Private Individual
Purchase Details
Closed on
Sep 4, 2013
Sold by
Nord Pamela M
Bought by
Nord Pamela M and Nord Glen C
Aug 2012 - Sep 2013Anderson David L1 Year and 1 Month
Private Individual
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.
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Average Value
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List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 1241 SE Olvera Place Unit 1245, Gresham, OR 97080 since 24 January 2022 and is currently estimated at $562,792, approximately $202 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.
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