$134,000
SOLD FEB 17, 2012

150 NW 12th St Unit 152 Gresham, OR 97030

Downtown Gresham Neighborhood
-- Bed
-- Bath
1,736 Sq Ft
7,492 Sq Ft Lot

Recently Sold

$77 Per Sq Ft

23% Below List Price

432 Days on Market

Highlights

  • Heating unit installed on the ceiling
  • 1-Story Property
  • 2-minute walk to Gresham City Hall

About This Home

As of August 2020

Don't miss this wonderful investment opportunity at this new price!!! It won't last long !!! Duplex in Downtown Gresham. Right off Main Street. Easy access to shopping, Max, College.

Last Agent to Sell the Property

Christy Walter

Windermere Realty Group Brokerage Email: bobhaskinsteam@gmail.com License #200409097 Listed on: 11/05/2010

Last Buyer's Agent

Don Fujimoto

RE/MAX Equity Group License #200608334

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1972

Interior Spaces

  • 1,736 Sq Ft Home
  • 1-Story Property

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R253457

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,320
  • Gross Income $21,000
  • Net Operating Income $19,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,392

Year Built

Built in 1972

Lot Details

0

Listing Details

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

Exterior Features

  • View: No
  • Disclosures: Disclosure

Garage/Parking

  • Attached Garage: No

Utilities

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

Lot Info

  • Zoning: drl-1
  • Parcel #: R253457

Green Features

  • Green Certification: No

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 6.19
  • Annual Gross Income: 21000.0
  • Property Net Operating Income: 19680.0
  • Annual Operating Expense: 1320.0

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%
Current Estimated Value
$457,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,325
Avg. Annual Appreciation
9.56%
Original Mortgage
$99,000
Outstanding Balance
$16,056
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$441,269

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%
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 Type Sale Price Title Company
Warranty Deed $134,000 Wfg Title
Warranty Deed $157,000 First American Title Co
Warranty Deed $115,000 First American Title Co
Trustee Deed $124,720 First American Title Ins Co
Warranty Deed $160,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,000 New Conventional
Previous Owner $125,600 Purchase Money Mortgage
Previous Owner $100,000 Seller Take Back
Previous Owner $100,000 No Value Available
Closed $80,000 No Value Available
Closed $15,700 No Value Available
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

  • Darren O'Halloran

    Seller's Agent in 2020

    Darren O'Halloran

    Kohler Meyers O'Halloran Inc.

    (503) 703-8168

    3 in this area

    101 Total Sales

    Darren O'Halloran
    Section Image

  • J

    Buyer's Agent in 2020

    Jean Ice

    ERA Freeman & Associates

    (503) 665-3144

    1 in this area

    32 Total Sales

    Jean Ice
    Section Image

  • C

    Seller's Agent in 2012

    Christy Walter

    Windermere Realty Group

  • D

    Buyer's Agent in 2012

    Don Fujimoto

    RE/MAX

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10086195

Regional Multiple Listing Service (RMLS)

APN: R253457

Oregon Multnomah County Gresham 97030 Downtown Gresham

150 NW 12th St Unit 152, Gresham, OR

This home is located at 150 NW 12th St Unit 152, Gresham, OR 97030 and is currently priced at $134,000, approximately $77 per square foot. This property was built in 1972. 150 NW 12th St Unit 152 is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.

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