NOT LISTED FOR SALE

1310 SE 4th St Unit 1320 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $488,266 - $557,000

2 Beds
1 Bath
1,664 Sq Ft
$317/Sq Ft Est. Value

Last Sold July 22, 2016

Last sale price $280,000 $168 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $3,210/month

3 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Level Lot
  • Lap Siding
  • Garage

About This Home

As of July 2016

This is a beautifully maintained duplex on a great piece of property, very close to schools, parks and amenities. Great layout, large, sunny yard & patio, new roof in 2015, newer vinyl windows, updated plumbing, fresh paint and carpet in 1320. RV or boat parking. Units are mirror images of one another. Great long term mo-to-mo tenant in 1310. Current rent includes garbage and water (one meter). Fantastic investment opportunity.

Last Agent to Sell the Property

Laura Lacey

Corcoran Prime License #200811044 Listed on: 05/13/2016

Last Buyer's Agent

Lisa Reed

The Broker Network, LLC License #200204344

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,260

Year Built

  • Built in 1969

Lot Details

  • 10,716

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Open Parking

Home Design

  • Lap Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Washer and Dryer Hookup
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,260

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1664
  • Year Built: 1969
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, No Basement
  • Legal Description: SHOEMAKERS ADD, N 1/2 OF W 1/2 OF LOT 41
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Phone: 503-309-0249
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: R10

Tax Info

  • Tax Amount: 3143.44
  • Assessor Parcel Number: R270123

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.74

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
May 13, 2016
Closed on
Jul 21, 2016
Sold by
Wenrick Douglas C
Bought by
Monaghan Amanda
Seller's Agent
Laura Lacey
Corcoran Prime
Buyer's Agent
Lisa Reed
The Broker Network, LLC
List Price
$272,000
Sold Price
$280,000
Premium/Discount to List
$8,000
2.94%
Current Estimated Value
$527,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,067
Avg. Annual Appreciation
7.05%
Original Mortgage
$238,000
Outstanding Balance
$189,607
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$337,460

Purchase Details

Closed on
May 16, 1997
Sold by
Reman Jacob M
Bought by
Wenrick Douglas C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
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
Monaghan Amanda $280,000 Wfg Title
Wenrick Douglas C $150,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Monaghan Amanda $238,000
Previous Owner Wenrick Douglas C $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2016 07/22/16 Sold $280,000 +2.9% $168 / Sq Ft
05/16/2016 05/16/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $272,000 -- $163 / 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 $5,260 $258,500 -- --
2024 $5,036 $250,980 -- --
2023 $4,588 $243,670 $0 $0
2022 $4,460 $236,580 $0 $0
2021 $4,347 $229,690 $0 $0
2020 $4,090 $223,000 $0 $0
2019 $3,983 $216,510 $0 $0
2018 $3,798 $210,210 $0 $0
2017 $3,644 $204,090 $0 $0
2016 $3,213 $198,150 $0 $0
2015 $3,143 $192,380 $0 $0
2014 $3,012 $186,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Lacey

    Seller's Agent in 2016

    Laura Lacey

    Corcoran Prime

    (503) 309-0249

    48 Total Sales

    Laura Lacey
    Section Image

  • L

    Buyer's Agent in 2016

    Lisa Reed

    The Broker Network, LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16406442

Regional Multiple Listing Service (RMLS)

APN: R270123

Oregon Multnomah County Gresham 97080 Historic Southeast

1310 SE 4th St Unit 1320, Gresham, OR

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