NOT LISTED FOR SALE

1538 SW 5th Ct Unit 1548 Gresham, OR 97080

Hollybrook Neighborhood

Estimated Value: $550,000 - $642,000

6 Beds
6 Baths
2,671 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 27, 2015

Last sale price $350,000 $131 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,840/month

5 Days on Market

Highlights

  • Cul-De-Sac
  • Garage
  • Level Lot
  • Fireplace

About This Home

As of April 2015

Quiet desirable area and great investment opportunity! Or Even owner occupy in this quiet cul-de-sac home on a large lot. Each Side has a large fenced back yard, and spacious bedrooms! Large Masters with bathrooms and full walk in closets! Newer carpet, laminate tile and paint inside and out. Also offers gas fireplaces and storage in the garage and under stairs. Turn key ready! Current Tenants are willing to stay.

Last Listed By

Deawn Seals

MORE Realty License #201207050 Listed on: 03/20/2015

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,902

Year Built

  • Built in 1997

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Garage
  • Garage Door Opener

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Property managed by Simmons

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,902

Year Built

Built in 1997

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2671
  • Stories: 2
  • Year Built: 1997
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PARTITION PLAT 1997-15, LOT 3 TL 1704
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Security Or Entry: Sidewalk
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Management Name: Simmons
  • Common Amenities: Central Air
  • Unit Features: Dishwasher, Fireplace, Washer/Dryer Hookup, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Zoning: res

Tax Info

  • Tax Amount: 3945.71
  • Assessor Parcel Number: R239464

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2015
Closed on
Apr 23, 2015
Sold by
Simmons Ty E
Bought by
Newcomb Blake A
Seller's Agent
Deawn Seals
MORE Realty
Buyer's Agent
Brenda Nimm
Premiere Property Group, LLC
List Price
$350,000
Sold Price
$350,000
Total Days on Market
5
Current Estimated Value
$604,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,047
Avg. Annual Appreciation
5.60%
Original Mortgage
$280,000
Outstanding Balance
$219,701
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$384,346

Purchase Details

Listed on
Feb 1, 2011
Closed on
Feb 22, 2012
Sold by
Meisner Diane
Bought by
Simmons Ty E and Simmons Belinda B
Seller's Agent
Gina Adamson
RE/MAX Equity Group
Buyer's Agent
Keith Iles
John L. Scott Sandy
List Price
$319,000
Sold Price
$245,000
Premium/Discount to List
-$74,000
-23.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.91%
Original Mortgage
$238,789
Interest Rate
3.84%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 3, 1997
Sold by
Trp Homes Llc
Bought by
Meisner Diane and Meisner Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Newcomb Blake A $350,000 Fidelity National Title
Simmons Ty E $245,000 First American
Meisner Diane $235,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newcomb Blake A $280,000
Previous Owner Simmons Ty E $238,789
Previous Owner Meisner Diane $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2015 04/27/15 Sold $350,000 0.0% $131 / Sq Ft
03/25/2015 03/25/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $350,000 +42.9% $131 / Sq Ft
02/24/2012 02/24/12 Sold $245,000 -23.2% $92 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
01/30/2011 01/30/11 For Sale $319,000 -- $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
2023 $5,902 $313,480 $0 $0
2022 $5,737 $304,350 $0 $0
2021 $5,593 $295,490 $0 $0
2020 $5,262 $286,890 $0 $0
2019 $5,124 $278,540 $0 $0
2018 $4,886 $270,430 $0 $0
2017 $4,688 $262,560 $0 $0
2016 $4,133 $254,920 $0 $0
2015 $4,044 $247,500 $0 $0
2014 -- $240,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Deawn Seals

    MORE Realty

    (503) 353-6673

    18 Total Sales

    Deawn Seals
    Section Image
  • Natasha Ochs

    Seller Co-Listing Agent in 2015

    Natasha Ochs

    HomeSmart Realty Group

    (503) 307-6556

    39 Total Sales

    Natasha Ochs
    Section Image

  • B

    Buyer's Agent in 2015

    Brenda Nimm

    Premiere Property Group, LLC

  • Gina Adamson

    Seller's Agent in 2012

    Gina Adamson

    RE/MAX

    (503) 860-0114

    15 Total Sales

    Gina Adamson
    Section Image
  • Keith Iles

    Buyer's Agent in 2012

    Keith Iles

    John L. Scott Sandy

    (503) 680-4689

    38 Total Sales

    Keith Iles
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15517414

Regional Multiple Listing Service (RMLS)

APN: R239464

Oregon Multnomah County Gresham 97080 Hollybrook

1538 SW 5th Ct Unit 1548, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1538 SW 5th Ct Unit 1548, Gresham, OR 97080 since 20 March 2015 and is currently estimated at $604,047, approximately $226 per square foot. This property was built in 1997. 1538 SW 5th Ct Unit 1548 is a home located in Multnomah County with nearby schools including Hollydale Elementary School, Clear Creek Middle School, and Gresham High School.

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