NOT LISTED FOR SALE

Estimated Value: $447,000 - $464,000

4 Beds
2 Baths
1,736 Sq Ft
$261/Sq Ft Est. Value

Last Sold August 03, 2020

Last sale price $335,000 $193 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,689/month

18 Days on Market

Highlights

  • Washer and Dryer
  • 2-minute walk to Gresham City Hall
  • 1-Story Property
  • High Speed Internet
  • Level Lot

About This Home

As of August 2020

Please do not disturb tenants, drive-by's only. Offers subject to interior inspection. Long term tenants, rents are low. Great location, brick one level duplex with long term tenants. Convenient to Historic Downtown Gresham, MAX and bus. No sign on property

Last Listed By

Darren O'Halloran

Kohler Meyers O'Halloran Inc. License #990200101 Listed on: 04/17/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Parking

  • Carport

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1736
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Remarks Public: Please do not disturb tenants, drive-by's only. Offers subject to interior inspection. Long term tenants, rents are low. Great location, brick one level duplex with long term tenants. Convenient to Historic Downtown Gresham, MAX and bus. No sign on property
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: REGNERS ADD, BLOCK 3, W 35' OF LOT 5, LOT 6
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Internet Service Type: Cable

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

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

Schools

  • Elementary School: Highland
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Lot Description: Level
  • Zoning: Multi
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2807.93
  • Assessor Parcel Number: R253457
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.86

MLS Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2010
Closed on
Feb 16, 2012
Sold by
Clancy Wendy A
Bought by
Soby Jeanette M
Seller's Agent
Christy Walter
Windermere Realty Group
Buyer's Agent
Don Fujimoto
RE/MAX Equity Group
List Price
$175,000
Sold Price
$134,000
Premium/Discount to List
-$41,000
-23.43%
Total Days on Market
18
Current Estimated Value
$453,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,311
Avg. Annual Appreciation
9.38%
Original Mortgage
$99,000
Outstanding Balance
$70,391
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$368,427

Purchase Details

Closed on
Apr 28, 2000
Sold by
Bowers Susan C
Bought by
Clancy Jesse K and Clancy Wendy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 11, 1999
Sold by
Olympic Coast Investment Inc
Bought by
Bowers Susan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 29, 1999
Sold by
Usa Investments Inc
Bought by
Olympic Coast Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.68%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 13, 1997
Sold by
Bibb Russell E and Bibb Sherrie L
Bought by
Usa Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.23%

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
Soby Jeanette M $134,000 Wfg Title
Clancy Jesse K $157,000 First American Title Co
Bowers Susan C $115,000 First American Title Co
Olympic Coast Investment Inc $124,720 First American Title Ins Co
Usa Investments Inc $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soby Jeanette M $99,000
Previous Owner Clancy Jesse K $125,600
Previous Owner Bowers Susan C $100,000
Previous Owner Usa Investments Inc $100,000
Closed Usa Investments Inc $80,000
Closed Clancy Jesse K $15,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2020 08/03/20 Sold $335,000 -4.3% $193 / Sq Ft
05/05/2020 05/05/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $350,000 +161.2% $202 / Sq Ft
02/17/2012 02/17/12 Sold $134,000 -23.4% $77 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
10/30/2010 10/30/10 For Sale $175,000 -- $101 / 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 $3,392 $180,140 $0 $0
2022 $3,297 $174,900 $0 $0
2021 $3,214 $169,810 $0 $0
2020 $3,024 $164,870 $0 $0
2019 $2,945 $160,070 $0 $0
2018 $2,808 $155,410 $0 $0
2017 $2,694 $150,890 $0 $0
2016 $2,375 $146,500 $0 $0
2015 $2,324 $142,240 $0 $0
2014 $2,268 $138,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20511132

Regional Multiple Listing Service (RMLS)

APN: R253457