NOT LISTED FOR SALE

1445 SE 5th St Unit 1455 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $479,035 - $554,000

6 Beds
3 Baths
2,434 Sq Ft
$214/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $285,000 $117 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $3,149/month

2 Days on Market

Highlights

  • 4 Car Attached Garage
  • Level Lot
  • 1-Story Property
  • Baseboard Heating
  • Wood Siding

About This Home

As of September 2016

INVESTORS LOOK! Do not disturb tenants. 3 bedroom duplex in the middle of Gresham.Good shape. New Windows & Roof. Large backyards. Close to school and bus line. Rents are below current value. Write all offers subject to interior inspection. NO LOCKBOX.Call or text Wayne for offers or more info. 503-756-8511

Last Agent to Sell the Property

Wayne Walker

Premiere Property Group, LLC License #860900066 Listed on: 07/11/2016

Premiere Property Group, LLC

Last Buyer's Agent

Thomas Eilers

Berkshire Hathaway HomeServices NW Real Estate License #9211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,979

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Level Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 2,434 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R270132

Community Details

Building Details

  • Operating Expense $5,232
  • Gross Income $23,640
  • Net Operating Income $18,408

Additional Features

  • 2 Units
  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,979

Year Built

Built in 1972 | Remodeled

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Commons, Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

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

Lot Info

  • Zoning: res
  • Parcel #: R270132

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.26
  • Annual Gross Income: 23640.0
  • Property Net Operating Income: 18408.0
  • Annual Operating Expense: 5232.0

Tax Info

  • Tax Annual Amount: 2978.56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2016
Closed on
Sep 9, 2016
Sold by
Joseph Rosemarie
Bought by
Ngo Eddie H and Chen Amy E
Seller's Agent
Wayne Walker
Premiere Property Group, LLC
Buyer's Agent
Thomas Eilers
Berkshire Hathaway HomeServices NW Real Estate
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%
Current Estimated Value
$521,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,009
Avg. Annual Appreciation
6.93%
Original Mortgage
$213,750
Outstanding Balance
$171,469
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$350,607

Purchase Details

Closed on
Sep 10, 2004
Sold by
Joseph George R
Bought by
Joseph George R and Joseph Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,997
Interest Rate
5.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 6, 1997
Sold by
Mal Marian
Bought by
Joseph George and Joseph Rosemarie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.44%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Ngo Eddie H $285,000 Fidelity Natl Title Of Or
Joseph George R -- First American
Joseph George $165,750 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngo Eddie H $213,750
Previous Owner Joseph George R $101,997
Previous Owner Joseph George $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2016 09/12/16 Sold $285,000 -1.7% $117 / Sq Ft
07/13/2016 07/13/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $289,900 -- $119 / 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
2024 $4,771 $237,790 -- --
2023 $4,347 $230,870 $0 $0
2022 $4,225 $224,150 $0 $0
2021 $4,119 $217,630 $0 $0
2020 $3,876 $211,300 $0 $0
2019 $3,774 $205,150 $0 $0
2018 $3,599 $199,180 $0 $0
2017 $3,453 $193,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2016

    Wayne Walker

    Premiere Property Group, LLC

    Section Image

  • T

    Buyer's Agent in 2016

    Thomas Eilers

    BHHS Oregon- Northwest

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16440055

Regional Multiple Listing Service (RMLS)

APN: R270132

Oregon Multnomah County Gresham 97080 Historic Southeast

1445 SE 5th St Unit 1455, Gresham, OR

This home is located at 1445 SE 5th St Unit 1455, Gresham, OR 97080 since 11 July 2016 and is currently estimated at $521,009, approximately $214 per square foot. This property was built in 1972. 1445 SE 5th St Unit 1455 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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