NOT LISTED FOR SALE

1241 SE Olvera Place Unit 1245 Gresham, OR 97080

Kelly Creek Neighborhood

Estimated Value: $542,513 - $579,000

4 Beds
4 Baths
2,780 Sq Ft
$202/Sq Ft Est. Value

Last Sold March 31, 2022

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

Est. 2% increase in value since last sale

Current estimated payment $3,433/month

Highlights

  • Deck
  • Cul-De-Sac
  • Garage
  • Wood Flooring
  • Parking Storage or Cabinetry
  • Washer and Dryer

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 Agent to Sell the Property

Paul Sowards

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

Call it Closed International, Inc

Last Buyer's Agent

Diana Ferguson

Keller Williams Realty Portland Elite License #200503157

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,617

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
  • Parking Storage or Cabinetry
  • 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

$5,617

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
  • 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

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%
Current Estimated Value
$562,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,128
Avg. Annual Appreciation
0.51%
Original Mortgage
$442,000
Outstanding Balance
$414,539
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$148,089

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
8.53%
Original Mortgage
$152,625
Interest Rate
3.62%
Mortgage Type
FHA
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
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 List to Sale Price per Sq Ft Prior Sale
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 View Prior Sale
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
2025 $5,617 $276,000 -- --
2024 $5,377 $267,970 -- --
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

    25 Total Sales

    Paul Sowards
    Section Image
  • Diana Ferguson

    Buyer's Agent in 2022

    Diana Ferguson

    Keller Williams Realty Portland Elite

    (503) 406-8789

    4 in this area

    184 Total Sales

    Diana Ferguson
    Section Image

  • S

    Seller's Agent in 2012

    Steven Ticknor

    Portland Lifestyle Team

    Section Image

  • W

    Buyer's Agent in 2012

    Wilma Lambert

    Call it Closed International, Inc

    (503) 427-0372

    15 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

Not Listed for Sale

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