NOT LISTED FOR SALE

1310 SE 4th St Unit 1320 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $493,145 - $541,000

2 Beds
1 Bath
1,664 Sq Ft
$307/Sq Ft Est. Value

Last Sold July 22, 2016

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

Est. 83% increase in value since last sale

Current estimated payment $3,218/month

3 Days on Market

Highlights

  • Garage
  • Level Lot
  • Lap Siding

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 Listed By

Laura Lacey

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1969

Lot Details

  • 10,716

Parking

  • Garage
  • Open Parking

Home Design

  • Lap Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

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

Schools

  • Elementary School: East Gresham
  • Middle School: Dexter McCarty
  • High School: Gresham

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%
Total Days on Market
3
Current Estimated Value
$511,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,536
Original Mortgage
$238,000
Outstanding Balance
$195,647
Interest Rate
3.6%
Mortgage Type
New Conventional

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

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 $18,000
Previous Owner Wenrick Douglas C $13,000
Previous Owner Wenrick Douglas C $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    49 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

Homes for Sale in Gresham, OR

This home is located at 1310 SE 4th St Unit 1320, Gresham, OR 97080 since 13 May 2016 and is currently estimated at $511,536, approximately $307 per square foot. This property was built in 1969. 1310 SE 4th St Unit 1320 is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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