Seller's Agent in 2024
Lindsay Taylor
Keller Williams Realty Portland Elite
(503) 515-9035
2 in this area
126 Total Sales
1243 NE 183rd Ave Unit 1257 Portland, OR 97230
North Gresham Neighborhood
--
Bed
--
Bath
3,120
Sq Ft
0.32
Acres
Highlights
- No HOA
- Heating System Mounted To A Wall or Window
- 5-minute walk to Kirk Park
- Level Lot
- 1-Story Property
About This Home
As of October 2024You won't find a better condition rental than this one! TURN KEY, incredible, income producing four plex with a Portland address but located in Gresham city limits! 2 bed/1 bath, 780 sq ft units with fenced backyards! Remodels started in 2010 and includes: All new solid oak kitchen & bath cabinets in 3 units, european cabinets in 4th unit, granite countertops, tile tub surrounds and new front doors! All electrical panels replaced with new outlets, wiring and cadet heaters added! Fireplaces rebuilt in 2012 w/new glass doors, caps and metal. More than half the windows and slider doors have been replaced. 2016 complete roof tear off and new 30 year architectural shingle Roof installed along with new gutters! Each unit includes: W/D hookup, fridge, dishwasher & stove. This is the investment opportunity you've been waiting for!
Last Agent to Sell the Property
Keller Williams Realty Portland Elite Brokerage Email: lindsayt@kw.com License #201214856 Listed on: 08/31/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,460
Year Built
- Built in 1979 | Remodeled
Lot Details
- 0.32 Acre Lot
- Level Lot
Home Design
- Brick Exterior Construction
- Composition Roof
- Metal Siding
- Concrete Perimeter Foundation
Interior Spaces
- 3,120 Sq Ft Home
- 1-Story Property
- Crawl Space
Parking
- 8 Parking Spaces
- Driveway
- On-Street Parking
Schools
- Hartley Elementary School
- Reynolds Middle School
- Reynolds High School
Utilities
- No Cooling
- Heating System Mounted To A Wall or Window
- Electric Water Heater
Listing and Financial Details
- Rent includes ground maintenance, sewer, trashcollection, water
- Assessor Parcel Number R271938
Community Details
Overview
- No Home Owners Association
- 4 Units
- North Gresham Subdivision
Building Details
- Operating Expense $11,766
- Gross Income $39,626
- Net Operating Income $27,859
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2024
Closed on
Oct 29, 2024
Sold by
183Rd Avenue Llc
Bought by
Polizos Anestis
Seller's Agent
Lindsay Taylor
Keller Williams Realty Portland Elite
Buyer's Agent
LoriLei Ritmiller
Mal & Seitz
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Views
13
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,357
Avg. Annual Appreciation
2.68%
Original Mortgage
$513,750
Outstanding Balance
$511,211
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$190,081
Purchase Details
Listed on
Aug 31, 2024
Closed on
Sep 26, 2024
Sold by
Mager Robert W and Mager Connie J
Bought by
183Rd Avenue Llc
Seller's Agent
Lindsay Taylor
Keller Williams Realty Portland Elite
Buyer's Agent
LoriLei Ritmiller
Mal & Seitz
List Price
$700,000
Sold Price
$685,000
Premium/Discount to List
-$15,000
-2.14%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,750
Outstanding Balance
$511,211
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$190,081
Purchase Details
Closed on
Jul 7, 2011
Sold by
Mager Robert
Bought by
Mager Robert W and Mager Connie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
4.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2010
Sold by
Topete Miguel A
Bought by
Mager Robert
Purchase Details
Closed on
Aug 29, 2006
Sold by
Daniell Brian M
Bought by
Topete Miguel A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 8, 2004
Sold by
Winchell Betty Lou
Bought by
Daniell Brian M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $685,000 | First American Title | |
| Bargain Sale Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Fidelity National Title Or | |
| Warranty Deed | $215,000 | First American | |
| Warranty Deed | $320,000 | Chicago Title Co | |
| Special Warranty Deed | -- | Fidelity Natl Title Co Of Or |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $513,750 | New Conventional | |
| Previous Owner | $182,000 | New Conventional | |
| Previous Owner | $256,000 | Purchase Money Mortgage | |
| Previous Owner | $32,000 | Stand Alone Second | |
| Previous Owner | $180,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/31/2024 10/31/24 | Sold | $685,000 | -2.1% | $220 / Sq Ft |
| 10/02/2024 10/02/24 | Pending | -- | -- | -- |
| 09/24/2024 09/24/24 | Price Changed | $700,000 | 0.0% | $224 / Sq Ft |
| 09/24/2024 09/24/24 | For Sale | $700,000 | +7.7% | $224 / Sq Ft |
| 09/09/2024 09/09/24 | Pending | -- | -- | -- |
| 08/31/2024 08/31/24 | For Sale | $650,000 | -- | $208 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $6,034 | $322,650 | -- | -- |
| 2023 | $5,460 | $313,260 | $0 | $0 |
| 2022 | $5,325 | $304,140 | $0 | $0 |
| 2021 | $5,194 | $295,290 | $0 | $0 |
| 2020 | $4,859 | $286,690 | $0 | $0 |
| 2019 | $4,658 | $278,340 | $0 | $0 |
| 2018 | $4,611 | $270,240 | $0 | $0 |
| 2017 | $4,462 | $262,370 | $0 | $0 |
| 2016 | $4,268 | $254,730 | $0 | $0 |
| 2015 | $4,145 | $247,320 | $0 | $0 |
| 2014 | $4,004 | $240,120 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lindsay Taylor
-
LoriLei Ritmiller
L
Buyer's Agent in 2024
LoriLei Ritmiller
Mal & Seitz
(503) 341-5592
1 in this area
23 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 24110545
APN: R271938
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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