NOT LISTED FOR SALE

1635 SE 5th St Unit 1645 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $483,994 - $535,000

4 Beds
2 Baths
876 Sq Ft
$587/Sq Ft Est. Value

Last Sold September 10, 2019

Last sale price $390,000 $445 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,229/month

4 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • 1-Story Property
  • Landscaped with Trees
  • Wood Siding

About This Home

As of September 2019

NICE DUPLEX WITH DOUBLE CAR GARAGES ON BOTH UNITS. GOOD SHAPE AND GOOD RENTS. SELLER IS HAVING A NEW ROOF AND GUTTERS INSTALLED SHORTLY. PLENTY OF PARKING AND STORAGE AND CLOSE TO SCHOOLS, SHOPPING, BUS AND SHOPPING. LARGE FENCED BACK YARDS, NICE FLOOR PLAN AND SOLID RENTERS. WALK TO PARKS, GRADE SCHOOL & MIDDLE SCHOOL. GREAT LOCATION.

Last Listed By

Lyn Stevens

RE/MAX Advantage Group License #790800358 Listed on: 07/29/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,550

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Security Lights

Kitchen

  • Range
  • Dishwasher
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,550

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

8

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 876
  • Stories: 1
  • Year Built: 1973
  • Property Condition: Updated/Remodeled
  • Remarks Public: NICE DUPLEX WITH DOUBLE CAR GARAGES ON BOTH UNITS. GOOD SHAPE AND GOOD RENTS. SELLER IS HAVING A NEW ROOF AND GUTTERS INSTALLED SHORTLY. PLENTY OF PARKING AND STORAGE AND CLOSE TO SCHOOLS, SHOPPING, BUS AND SHOPPING. LARGE FENCED BACK YARDS, NICE FLOOR PLAN AND SOLID RENTERS. WALK TO PARKS, GRADE SCHOOL & MIDDLE SCHOOL. GREAT LOCATION.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SHOEMAKERS ADD, E 1/2 OF LOT 47 EXC N 150' & EXC PT IN ST
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

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

Garage/Parking

  • Garage Or Parking Spaces: 8
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling
  • Security: Security Lights

Condo/Co-op/Association

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

Schools

  • Elementary School: East Gresham
  • Middle School: Dexter McCarty
  • High School: Sam Barlow

Lot Info

  • Lot Description: On Busline, Level, Trees
  • Zoning: MULTI

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3766.60
  • Assessor Parcel Number: R270147
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.22

MLS Schools

  • Elementary School: East Gresham
  • High School: Sam Barlow
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2019
Closed on
Sep 6, 2019
Sold by
Cantania Vincent J and Cantania Valerie G
Bought by
Green William Joseph
Seller's Agent
Lyn Stevens
RE/MAX Advantage Group
Buyer's Agent
John Taylor
The Broker Network, LLC
List Price
$359,900
Sold Price
$390,000
Premium/Discount to List
$30,100
8.36%
Total Days on Market
4
Current Estimated Value
$513,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,999
Avg. Annual Appreciation
6.14%
Original Mortgage
$382,936
Outstanding Balance
$343,950
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$202,605

Purchase Details

Closed on
Jun 21, 2016
Sold by
Catania Vincent J and Catania Valerie G
Bought by
Catania Vincent J and Catania Valerie G

Purchase Details

Closed on
Dec 7, 2005
Sold by
Gee Daniel Steding
Bought by
Catania Vincent J and Catania Valerie G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 1995
Sold by
Gee Daniel S
Bought by
Gee Daniel Steding and Gee Rosalie Anne

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
Green William Joseph $390,000 Fidelity Natl Ttl Co Of Or
Catania Vincent J -- None Available
Catania Vincent J $239,950 Fidelity Natl Title Co Of Or
Gee Daniel Steding -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green William Joseph $382,936
Previous Owner Catania Vincent J $191,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2019 09/10/19 Sold $390,000 +8.4% $445 / Sq Ft
08/02/2019 08/02/19 Pending -- -- --
07/29/2019 07/29/19 For Sale $359,900 -- $411 / 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 $4,550 $241,650 $0 $0
2022 $4,423 $234,620 $0 $0
2021 $4,311 $227,790 $0 $0
2020 $4,056 $221,160 $0 $0
2019 $3,950 $214,720 $0 $0
2018 $3,767 $208,470 $0 $0
2017 $3,614 $202,400 $0 $0
2016 $3,186 $196,510 $0 $0
2015 $3,117 $190,790 $0 $0
2014 $2,959 $185,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lyn Stevens

    Seller's Agent in 2019

    Lyn Stevens

    RE/MAX

    Section Image
  • John Taylor

    Buyer's Agent in 2019

    John Taylor

    The Broker Network, LLC

    (971) 409-7962

    1 in this area

    159 Total Sales

    John Taylor
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19382344

Regional Multiple Listing Service (RMLS)

APN: R270147

Oregon Multnomah County Gresham 97080 Historic Southeast

1635 SE 5th St Unit 1645, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1635 SE 5th St Unit 1645, Gresham, OR 97080 since 29 July 2019 and is currently estimated at $513,999, approximately $586 per square foot. This property was built in 1973. 1635 SE 5th St Unit 1645 is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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