$225,000
SOLD AUG 4, 2025

159 SW Florence Ave Unit 15 Gresham, OR 97080

Hollybrook Neighborhood
2 Beds
1 Bath
852 Sq Ft
$350/mo HOA Fee

Recently Sold

$264 Per Sq Ft

4% Below List Price

110 Days on Market

Highlights

  • RV Access or Parking
  • Contemporary Architecture
  • Community Pool
  • Deck
  • Private Yard
  • 1 Car Garage

About This Home

As of August 2025

Welcome home to this beautifully updated 1978 ground-floor condo in the heart of Gresham! This 2-bedroom, 1-bath gem offers 852 sqft of stylish comfort, featuring brand-new luxury plank vinyl flooring throughout and fresh paint to brighten your space. Love the outdoors? Step through the dining room slider onto your huge private Trex deck, perfect for BBQs, morning coffee, or simply unwinding while enjoying the serene greenspace views. With a one-car garage plus plenty of parking, you'll never have to hunt for a spot. And let’s talk amenities—this well-maintained community boasts a sparkling pool and lush, manicured grounds. Conveniently located near shopping, dining, and the scenic Springwater Trail, this condo is a perfect mix of comfort, convenience, and charm.

Last Agent to Sell the Property

Emily Hetrick

Keller Williams PDX Central License #200106001 Listed on: 03/14/2025

Keller Williams PDX Central

Last Buyer's Agent

Rema Rahim-Salehi

eXp Realty, LLC License #201235155

eXp Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,164

Year Built

  • Built in 1978

Lot Details

  • Landscaped with Trees
  • Private Yard

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Off-Street Parking
  • RV Access or Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Sliding Doors
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility
  • Minimal Steps

Schools

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

Utilities

  • Mini Split Air Conditioners
  • Mini Split Heat Pump
  • Baseboard Heating
  • Electric Water Heater
  • Municipal Trash

Additional Features

  • Deck
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number R164539

Community Details

Overview

  • 75 Units
  • Florence Terrace Condominium Association, Phone Number (503) 654-0118
  • On-Site Maintenance

Amenities

  • Courtyard
  • Community Deck or Porch
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,164

Year Built

Built in 1978

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Resale
  • Property Sub Type: Condominium
  • Architectural Style: Stories1, Contemporary
  • New Construction: No
  • Property Attached Yn: No
  • CondominiumConciergeYN: No
  • CondominiumDeckAvailYN: Yes
  • CondominiumElevatorYN: No
  • CondominiumStorageAvailYN: Yes
  • CondominiumUnitsInComplex: 75
  • CondominiumYardYN: Yes
  • Current Price For Status: 225000.0
  • Open House: No
  • Room 11 Features: Dishwasher
  • Room 9 Features: SlidingDoors
  • CondominiumTotalLevels: 2
  • Special Features: None

Interior Features

  • Accessibility Features: MinimalSteps, OneLevel
  • Total Bathrooms: 1.0
  • Interior Amenities: LaminateFlooring, WalltoWallCarpet
  • Room 4 Description: Laundry
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, FreeStandingRefrigerator, Pantry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Exterior Features: Deck, Yard
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: OffStreet, RVAccessParking
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0
  • CondominiumGarageType: Attached
  • CondominiumParkingTandemYN: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: MiniSplit
  • Cooling Y N: Yes
  • Heating: Baseboard, MiniSplit
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Unit Location: GroundFloor
  • Association Amenities: ExteriorMaintenance, Laundry, MaintenanceGrounds, Pool, Sewer, Trash, Water
  • Senior Community: No
  • Association Fee: 350.0
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • CondominiumAssociationContact: Bridge City Community Mgmt
  • CondominiumAssociationEmail: james.v@bridgecitycm.com
  • CondominiumAssociationName: FLORENCE TERRACE CONDOMINIUM
  • CondominiumAssociationPhone: 503-654-0118
  • CondominiumAssociationURLYN: Yes

Schools

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

Lot Info

  • Farm: No
  • Land Lease: No
  • Parcel #: R164539

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 2164.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2025
Closed on
Jul 16, 2025
Sold by
Rynearson Jeffery A
Bought by
Hill Susan
Seller's Agent
Emily Hetrick
Keller Williams PDX Central
Buyer's Agent
Rema Rahim-Salehi
eXp Realty, LLC
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
47
Current Estimated Value
$227,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,002
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Sep 12, 2017
Closed on
Nov 13, 2017
Sold by
Hibbs Allen
Bought by
Rynearson Jeffery A
Seller's Agent
Gene Moore
RE/MAX Equity Group
Buyer's Agent
Christina Walton
Fiv Realty
List Price
$159,900
Sold Price
$169,500
Premium/Discount to List
$9,600
6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.74%
Original Mortgage
$165,938
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 26, 2015
Sold by
Fannie Mae
Bought by
Hibbs Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,240
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2014
Sold by
Williams Kevin
Bought by
Fannie Mae

Purchase Details

Closed on
Apr 21, 2014
Sold by
Williams Kevin
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 20, 2009
Sold by
Pruitt Ruth L
Bought by
Heinrich Chris T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,735
Interest Rate
5.15%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1998
Sold by
Barnett Tanya L
Bought by
Findlay James and Findlay Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,490
Interest Rate
6.6%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 1997
Sold by
Roberts Nancy Lee
Bought by
Lundgren Rodney D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
7.58%

Purchase Details

Closed on
Apr 7, 1995
Sold by
Florence Terrace Investors Ltd Prtnrshp
Bought by
Roberts Nancy Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,900
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $225,000 First American Title
Warranty Deed $169,500 First American
Special Warranty Deed $99,200 Nextitle
Sheriffs Deed $88,902 None Available
Sheriffs Deed $88,902 None Available
Warranty Deed $125,000 Chicago Title Insurance Co
Warranty Deed $81,500 Oregon Title Insurance Co
Warranty Deed $81,950 First American Title Ins Co
Warranty Deed $59,900 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $165,938 FHA
Previous Owner $94,240 New Conventional
Previous Owner $122,735 FHA
Previous Owner $78,490 FHA
Previous Owner $80,100 No Value Available
Previous Owner $47,900 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/04/2025 08/04/25 Sold $225,000 0.0% $264 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
05/18/2025 05/18/25 Price Changed $225,000 -4.3% $264 / Sq Ft
03/14/2025 03/14/25 For Sale $235,000 +38.6% $276 / Sq Ft
11/16/2017 11/16/17 Sold $169,500 +6.0% $199 / Sq Ft View Prior Sale
10/03/2017 10/03/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $159,900 -- $188 / 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
2025 $2,261 $111,100 -- $111,100
2024 $2,164 $107,870 -- $107,870
2023 $2,164 $104,730 $0 $104,730
2022 $1,917 $101,680 $0 $0
2021 $1,868 $98,720 $0 $0
2020 $1,758 $95,850 $0 $0
2019 $1,712 $93,060 $0 $0
2018 $1,632 $90,350 $0 $0
2017 $1,566 $87,720 $0 $0
2016 $1,381 $85,170 $0 $0
2015 $1,351 $82,690 $0 $0
2014 $1,229 $76,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 411246700

Regional Multiple Listing Service (RMLS)

APN: R164539