NOT LISTED FOR SALE

1340 NE Kane Dr Unit 1360 Gresham, OR 97030

Northeast Gresham Neighborhood

Estimated Value: $452,000 - $502,000

4 Beds
2 Baths
1,768 Sq Ft
$267/Sq Ft Est. Value

Last Sold February 03, 2022

Last sale price $390,000 $221 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,871/month

31 Days on Market

Highlights

  • Storage
  • Washer and Dryer
  • 4-minute walk to Kane Road Park

About This Home

As of February 2022

Check out this investors dream property! Both sides of the duplex 1340 and 1360 are included in this sale and each have 2 bed/1 bath, washer/dryer hookups within the units, large private fenced backyards, and ample parking for future tenants. Newly updated with fresh carpet, paint & vinyl flooring in both sides. The sellers currently do not have tenants. Blocks away from Mt. Hood Community College, TriMet bus service & shopping!

Last Agent to Sell the Property

Samantha Bennett

Real Broker License #201239566 Listed on: 12/02/2021

Real Broker

Last Buyer's Agent

Adorian Tudose

Mal & Seitz License #201207404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,625

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • 8,451

Parking

  • Carport

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Storage
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,625

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1768
  • Year Built: 1975
  • Property Condition: Updated/Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SOTOGRANDE, BLOCK 1, LOT 2
  • Basement: None
  • Storage: Attached, Individual Storage Units

Exterior Features

  • Exterior Description: Vinyl Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup, Washer/Dryer

Lot Info

  • Zoning: LDR-7

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3596.45
  • Assessor Parcel Number: R272170
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 55.36

MLS Schools

  • Elementary School: Powell Valley
  • High School: Sam Barlow
  • Middle School: Gordon Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Feb 1, 2022
Sold by
Kirsten Coddington
Bought by
Buliga Valentin
Seller's Agent
Samantha Bennett
Real Broker
Buyer's Agent
Adorian Tudose
Mal & Seitz
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$471,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,729
Avg. Annual Appreciation
5.13%
Original Mortgage
$331,500
Outstanding Balance
$306,853
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$164,876

Purchase Details

Closed on
Aug 22, 2017
Sold by
Coddington Kirsten
Bought by
Coddington Kirsten

Purchase Details

Closed on
May 24, 2004
Sold by
Roark Stanley B
Bought by
Coddington Ronald G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Buliga Valentin $390,000 First American Title
Coddington Kirsten -- None Available
Coddington Ronald G $150,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buliga Valentin $331,500
Previous Owner Coddington Ronald G $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2022 02/03/22 Sold $390,000 -1.3% $221 / Sq Ft
01/02/2022 01/02/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $395,000 0.0% $223 / Sq Ft
12/13/2021 12/13/21 Pending -- -- --
12/09/2021 12/09/21 For Sale $395,000 0.0% $223 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $395,000 -- $223 / 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 $4,625 $227,290 -- --
2024 $4,427 $220,670 -- --
2023 $4,034 $214,250 $0 $0
2022 $3,921 $208,010 $0 $0
2021 $3,822 $201,960 $0 $0
2020 $3,596 $196,080 $0 $0
2019 $3,502 $190,370 $0 $0
2018 $3,339 $184,830 $0 $0
2017 $3,204 $179,450 $0 $0
2016 $2,825 $174,230 $0 $0
2015 $2,764 $169,160 $0 $0
2014 $2,697 $164,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Samantha Bennett

    Seller's Agent in 2022

    Samantha Bennett

    Real Broker

    (970) 215-2523

    1 in this area

    36 Total Sales

    Samantha Bennett
    Section Image

  • A

    Buyer's Agent in 2022

    Adorian Tudose

    Mal & Seitz

    (503) 960-0545

    1 in this area

    81 Total Sales

    Adorian Tudose
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21161974

Regional Multiple Listing Service (RMLS)

APN: R272170

Oregon Multnomah County Gresham 97030 Northeast Gresham

1340 NE Kane Dr Unit 1360, Gresham, OR

Not Listed for Sale

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