Great income opportunity in this Gresham triplex. Three, 2 bedroom 1 bath units, fully rented with easy access to transportation and shopping. New windows 2014, improved insulation, new paint and stains. No sign on property. Please do not disturb tenants.
Last Agent to Sell the Property
Maureen Ostlund
BC RealtyLicense #201209106Listed on: 01/29/2015
Co-Listed By
Laura Murphy
Keller Williams Realty Portland PremiereLicense #201204041
Last Buyer's Agent
Laura Murphy
Keller Williams Realty Portland PremiereLicense #201204041
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,723
Year Built
Built in 1967
Lot Details
0.27
Parking
Paved Parking
Open Parking
Home Design
Wood Siding
Interior Spaces
1-Story Property
Storage
Washer and Dryer
Range
Additional Features
Level Lot
Electric Water Heater
Community Details
3 Units
Property managed by Do not Disturb tenants
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$4,723
Year Built
Built in 1967
Lot Details
0
Parking
6
Listing Details
Property Category: MultiFamily
Sq Ft Approximate Building Total: 2400
Stories: 1
Year Built: 1967
Year Built Description: Approximately
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Basement Foundation: Crawl Space, Dirt Floor
Legal Description: TARLOW HIGHLANDS, LOT 6
Storage: Locked
Exterior Features
Exterior Description: Wood Siding
Lot Size: 10,000 to 14,999 SqFt
Roof Type: Composition
Garage/Parking
Garage Or Parking Spaces: 6
Parking Description: Open, Paved
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Wall Furnace
Utilities Included: Electricity, Trash Collection, Water
Condo/Co-op/Association
Management Name: Do not Disturb tenants
Unit Features: Range, Refrigerator, Washer/Dryer
Schools
Elementary School: Highland
Middle School: Clear Creek
High School: Gresham
Lot Info
Lot Description: Level
Zoning: MDR24
Tax Info
Tax Amount: 3157.86
Assessor Parcel Number: R283830
Multi Family
Unit Type: 1, 2, 3
Number Of Units Total: 3
Gross Rent Multiplier: 10.91
MLS Schools
Elementary School: Highland
High School: Gresham
Middle School: Clear Creek
Ownership History
DateNameOwned ForOwner Type
Apr 2015 - PresentNewsom Brian L10 Years and 2 Months
Private Individual
Purchase Details
Listed on
Jan 29, 2015
Closed on
Apr 30, 2015
Sold by
Financial Wellness Llc
Bought by
Newsom Brian L
Seller's Agent
Maureen Ostlund
BC Realty
Buyer's Agent
Laura Murphy
Keller Williams Realty Portland Premiere
List Price
$289,000
Sold Price
$275,000
Premium/Discount to List
-$14,000
-4.84%
Current Estimated Value
$588,333
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,333
Jul 2012 - Apr 2015Financial Wellness Llc2 Years and 9 Months
Company
Purchase Details
Closed on
Jul 19, 2012
Sold by
Matzke Peter N
Bought by
Financial Wellness Llc
Dec 2010 - Jul 2012Matzke Peter1 Year and 7 Months
Private Individual
Purchase Details
Closed on
Dec 20, 2010
Sold by
Oregon Funding Group Llc
Bought by
Matzke Peter
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,999
Interest Rate
4.62%
Mortgage Type
Credit Line Revolving
Dec 2010 - Dec 2010Matzke Peter and Oregon Funding Group LlcLess than a month
Company
Purchase Details
Closed on
Dec 9, 2010
Sold by
Stanley Shawn G
Bought by
Matzke Peter and Oregon Funding Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,999
Interest Rate
4.62%
Mortgage Type
Credit Line Revolving
Feb 2008 - Dec 2010Gresham 1800 Llc2 Years and 10 Months
Company
Purchase Details
Closed on
Feb 21, 2008
Sold by
Stanley Shawn G
Bought by
Gresham 1800 Llc
May 2002 - Feb 2008Stanley Shawn G5 Years and 9 Months
Private Individual
Purchase Details
Closed on
May 9, 2002
Sold by
Tarlow Family Ltd Partnership
Bought by
Stanley Shawn G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Unicorn in the heart of Gresham! Rare triplex with 3, 2-bedroom, 1-bathroom units (800 sq ft each) conveniently located near shopping, dining, and public transit. This well-maintained property features a recently remodeled units, complete with luxury vinyl plank flooring. All units are fully leased. Please do not disturb tenants. This well-maintained property offers a unique investment
Amazing Triplex Opportunity – Ideal for Owner-Occupant or Investor! Don’t miss this rare chance to own a well-maintained triplex offering investment potential or a comfortable personal living space! Each unit is identical, featuring two bedrooms and one bathroom. Fall in love with the thoughtful floorplan featuring spacious living and dining rooms, updated kitchens and a cozy fireplace to relax
Don’t miss this turnkey side-by-side duplex on a quiet cul-de-sac near Mt. Hood Community College and Mt. Hood Kaiser Medical Center. Each one-level unit offers 1,068 square feet of comfortable living, featuring large bedrooms, in-unit laundry rooms, and convenient tuck-under garages. Both units include full kitchens with dishwashers, generous living areas, and access to a large backyard—perfect
Great income producing duplex or live in one unit while offsetting your mortgage with income. Conveniently located in a charming, established SE Portland neighborhood! The main level is 1032sqft with three bedrooms and one bathroom, beautifully refinished hardwood floors and a new slider that opens to a covered patio. The kitchen is fully equipped and opens to a spacious dining area with built-in
GET 2 HOMES PLUS A SHOP with a studio apartment above on this unique fixer/investment opportunity! Nestled on .67 acres, this versatile property offers two homes and a large shop, making it an incredible rental property or multigenerational living opportunity. The main house offers 1200 finished square feet plus an additional unfinished basement. It features 3 beds, 1 bath. The spacious, fully
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.
Not Available
Collateral Analytics does not have data for the current month. Please view the chart for historical values.
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.
Not Available
ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.
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.
Not Available
First American does not have data for the current month. Please view the chart for historical values.
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.
Not Available
Quantarium does not have data for the current month. Please view the chart for historical values.
Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
Newsom Brian L
$275,000
Old Republic
Financial Wellness Llc
--
None Available
Matzke Peter
--
Accommodation
Matzke Peter
$157,251
Accommodation
Gresham 1800 Llc
$430,070
None Available
Stanley Shawn G
$238,000
First American Title Ins Co
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Previous Owner
Matzke Peter
$49,999
Previous Owner
Stanley Shawn G
$220,500
Previous Owner
Stanley Shawn G
$36,000
Previous Owner
Stanley Shawn G
$214,200
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
05/04/201505/04/15
Sold
$275,000
-4.8%
$115 / Sq Ft
04/13/201504/13/15
Pending
--
--
--
01/29/201501/29/15
For Sale
$289,000
--
$120 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 1820 N Main Ave, Gresham, OR 97030 since 29 January 2015 and is currently estimated at $588,333, approximately $245 per square foot. This property was built in 1967. 1820 N Main Ave is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.