NOT LISTED FOR SALE

1820 N Main Ave Gresham, OR 97030

North Central Neighborhood

Estimated Value: $548,000 - $650,000

6 Beds
3 Baths
2,400 Sq Ft
$244/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $275,000 $115 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,533/month

74 Days on Market

Highlights

  • Storage
  • Level Lot
  • 1-Story Property
  • Washer and Dryer
  • Wood Siding

About This Home

As of May 2015

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 Realty License #201209106 Listed on: 01/29/2015

Co-Listed By

Laura Murphy

Keller Williams Realty Portland Premiere License #201204041

Last Buyer's Agent

Laura Murphy

Keller Williams Realty Portland Premiere License #201204041

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,185

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

$5,185

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

Date Name Owned For Owner Type

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
$586,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,667
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Jul 19, 2012
Sold by
Matzke Peter N
Bought by
Financial Wellness Llc

Purchase Details

Closed on
Dec 20, 2010
Sold by
Oregon Funding Group Llc
Bought by
Matzke Peter

Purchase Details

Closed on
Dec 9, 2010
Sold by
Stanley Shawn G
Bought by
Matzke Peter and Oregon Funding Group Llc

Purchase Details

Closed on
Feb 21, 2008
Sold by
Stanley Shawn G
Bought by
Gresham 1800 Llc

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.
Original Mortgage
$214,200
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
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 Stanley Shawn G $214,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2015 05/04/15 Sold $275,000 -4.8% $115 / Sq Ft
04/13/2015 04/13/15 Pending -- -- --
01/29/2015 01/29/15 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 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
2024 $5,185 $258,400 -- --
2023 $4,723 $250,880 $0 $0
2022 $4,592 $243,580 $0 $0
2021 $4,476 $236,490 $0 $0
2020 $4,211 $229,610 $0 $0
2019 $4,101 $222,930 $0 $0
2018 $3,911 $216,440 $0 $0
2017 $3,752 $210,140 $0 $0
2016 $3,308 $204,020 $0 $0
2015 $3,237 $198,080 $0 $0
2014 $3,158 $192,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Maureen Ostlund

    BC Realty

  • L

    Seller Co-Listing Agent in 2015

    Laura Murphy

    Keller Williams Realty Portland Premiere

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15378299

Regional Multiple Listing Service (RMLS)

APN: R283830

Oregon Multnomah County Gresham 97030 North Central

1820 N Main Ave, Gresham, OR

This home is located at 1820 N Main Ave, Gresham, OR 97030 since 29 January 2015 and is currently estimated at $586,667, approximately $244 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.

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