NOT LISTED FOR SALE

18437 SE Division St Gresham, OR 97030

Centennial-Gresham Neighborhood

Estimated Value: $398,000 - $431,620

2 Beds
1 Bath
2,088 Sq Ft
$197/Sq Ft Est. Value

Last Sold October 23, 2019

Last sale price $300,000 $144 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,543/month

79 Days on Market

Highlights

  • RV Access or Parking
  • Corner Lot
  • 2 Car Attached Garage
  • Wood Flooring
  • No HOA
  • Oversized Parking

About This Home

As of October 2019

Calling all investors, fixers, flippers!! Zoned for Mixed Use Residential & Commercial, situated on a corner lot in Gresham. Property has a LARGE shop fully wired with 220 and 110 and a large 10x10 door. Home has potential for three egress windows allowing for two additional bedrooms in the basement, possible ADU?? The sky is the limit! Excellent location, close to Planet Fitness and Gresham shopping center.

Last Agent to Sell the Property

Lila Bruce

Oregon First License #200705096 Listed on: 06/11/2019

Oregon First

Co-Listed By

Richard Merck

Oregon First License #780303283

Last Buyer's Agent

Jim Nickila

RE/MAX Equity Group License #780303553

RE/MAX Equity Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1956

Lot Details

  • 10,454 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Driveway
  • RV Access or Parking

Home Design

  • Fixer Upper
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Wood Flooring
  • Partially Finished Basement
  • Natural lighting in basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Patrick Lynch Elementary School
  • Centennial High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R136263

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,247

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1956
  • Property Condition: Fixer
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 13 Features: HardwoodFloors
  • Special Features: None

Interior Features

  • Total Bathrooms: 1.0
  • Fireplaces: 1
  • Basement: Daylight, PartiallyFinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • R V Description: RVParking
  • View: No
  • Lot Features: CornerLot
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached,Oversized
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Patrick Lynch
  • High School: Centennial

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454.0
  • Parcel #: R136263

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3247.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Oct 22, 2019
Sold by
Zelmer Curtis D
Bought by
Lawandi Melad N
Seller's Agent
Lila Bruce
Oregon First
Buyer's Agent
Jim Nickila
RE/MAX Equity Group
List Price
$325,000
Sold Price
$300,000
Premium/Discount to List
-$25,000
-7.69%
Current Estimated Value
$411,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,655
Avg. Annual Appreciation
6.05%
Original Mortgage
$225,000
Outstanding Balance
$197,546
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$227,666

Purchase Details

Closed on
Dec 31, 2018
Sold by
Ackerson Jeffery
Bought by
Zelmer Curtis D

Purchase Details

Closed on
Jan 7, 2015
Sold by
Hoie Donnie L
Bought by
Ackerson Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
Ray William A
Bought by
Hoie Donnie L and Hoie David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,272
Interest Rate
3.49%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 18, 2006
Sold by
Vincent Sandra
Bought by
Ray William A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Hilsenbeck Cheryl
Bought by
Vincent Sandra

Purchase Details

Closed on
Nov 6, 1998
Sold by
Vincent Sandra L
Bought by
Vincent Timothy C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 1996
Sold by
Vincent Sandra L
Bought by
Vincent Timothy C and Vincent Sandra L
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lawandi Melad N $300,000 Fidelity Natl Ttl Co Of Or
Zelmer Curtis D $207,643 Wfg Title
Ackerson Jeffery $150,000 Chicago Title Company
Hoie Donnie L $136,750 First American
Ray William A -- Accommodation
Vincent Sandra -- --
Hilsenbeck Cheryl -- Transnation Title Insurance
Vincent Timothy C -- Oregon Title Insurance Co
Vincent Timothy C -- --
Vincent Timothy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawandi Melad N $225,000
Previous Owner Ackerson Jeffery $140,000
Previous Owner Hoie Donnie L $134,272
Previous Owner Ray William A $200,000
Previous Owner Vincent Timothy C $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2019 10/23/19 Sold $300,000 -7.7% $144 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/09/2019 08/09/19 Price Changed $324,900 0.0% $156 / Sq Ft
08/02/2019 08/02/19 For Sale $325,000 0.0% $156 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
06/22/2019 06/22/19 For Sale $325,000 +8.3% $156 / Sq Ft
06/13/2019 06/13/19 Off Market $300,000 -- --
06/10/2019 06/10/19 For Sale $325,000 -- $156 / 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 $4,330 $231,790 -- --
2023 $3,899 $225,040 $0 $0
2022 $3,755 $218,490 $0 $0
2021 $3,769 $212,130 $0 $0
2020 $3,470 $205,960 $0 $0
2019 $3,386 $199,970 $0 $0
2018 $3,247 $194,150 $0 $0
2017 $3,139 $188,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lila Bruce

    Seller's Agent in 2019

    Lila Bruce

    Oregon First

    (503) 839-8887

    4 Total Sales

    Lila Bruce
    Section Image

  • R

    Seller Co-Listing Agent in 2019

    Richard Merck

    Oregon First

  • Jim Nickila

    Buyer's Agent in 2019

    Jim Nickila

    RE/MAX

    (503) 702-8349

    2 in this area

    78 Total Sales

    Jim Nickila
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19347388

Regional Multiple Listing Service (RMLS)

APN: R136263

Oregon Multnomah County Gresham 97030 Centennial-Gresham

18437 SE Division St, Gresham, OR

This home is located at 18437 SE Division St, Gresham, OR 97030 since 11 June 2019 and is currently estimated at $411,655, approximately $197 per square foot. This property was built in 1956. 18437 SE Division St is a home located in Multnomah County with nearby schools including Patrick Lynch Elementary School, Centennial Middle School, and Centennial High School.

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