NOT LISTED FOR SALE

Estimated Value: $3,955,894

2 Beds
3 Baths
1,332 Sq Ft
$2,970/Sq Ft Est. Value

About This Home

This home is located at 1572 NE Burnside Rd, Gresham, OR 97030 and is currently estimated at $3,955,894, approximately $2,969 per square foot. 1572 NE Burnside Rd is a home located in Multnomah County with nearby schools including Hogan Cedars Elementary School, Dexter McCarty Middle School, and Gresham High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2015
Sold by
Sriji Krupa Motel Inc
Bought by
Patel Rakeshkumar B and Patel Anita R
Current Estimated Value
$3,955,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,605,000
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2012
Sold by
Sanghani Manji
Bought by
Sriji Krupa Motel Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,275,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 22, 2011
Sold by
Vanmoe Llc
Bought by
Sanghani Manji and Sanghani Rama

Purchase Details

Closed on
Dec 8, 2011
Sold by
Fitzsimons Cheryl F
Bought by
Kim Douglas W and Kim Hae Kyung

Purchase Details

Closed on
Nov 25, 2011
Sold by
Hodges Joy L
Bought by
Fitzsimons Cheryl F and Joy L Hodges Revocable Living Trust

Purchase Details

Closed on
Oct 10, 2007
Sold by
Nazeem Mohammad
Bought by
Vanmoe Llc

Purchase Details

Closed on
Aug 28, 2007
Sold by
Sharma Vaneet
Bought by
Vanmoe Llc

Purchase Details

Closed on
Aug 24, 2007
Sold by
Nazeem Mohammad
Bought by
Vanmoe Llc

Purchase Details

Closed on
Dec 9, 2005
Sold by
Hodges Joy L
Bought by
Fitzsimons Cheryl F and Joy L Hodges Revocable Living Trust

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Patel Rakeshkumar B $2,140,000 Fatco
Sriji Krupa Motel Inc -- First American
Sanghani Manji -- Accommodation
Fitzsimons Cheryl F -- None Available
Vanmoe Llc -- Pacific Nw Title
Vanmoe Llc -- Accommodation
Vanmoe Llc -- Accommodation
Fitzsimons Cheryl F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Rakeshkumar B $1,600,000
Closed Patel Rakeshkumar B $200,000
Closed Patel Rakeshkumar B $1,605,000
Previous Owner Sriji Krupa Motel Inc $1,275,000
Source: Public Records

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 $35,968 $1,919,800 $0 $0
2022 $34,329 $1,863,890 $0 $0
2021 $34,473 $1,863,890 $0 $0
2020 $33,376 $1,863,890 $0 $0
2019 $31,966 $1,779,520 $0 $0
2018 $32,005 $1,815,840 $0 $0
2017 $2,570 $1,476,330 $0 $0
2016 $21,549 $1,366,970 $0 $0
2015 $21,714 $1,366,970 $0 $0
Source: Public Records

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