NOT LISTED FOR SALE

18641 SE Division St Unit 18645 Gresham, OR 97030

Centennial-Gresham Neighborhood

Estimated Value: $581,000 - $692,000

7 Beds
4 Baths
2,944 Sq Ft
$209/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $350,000 $119 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $3,899/month

24 Days on Market

Highlights

  • Fireplace
  • Garage
  • Level Lot

About This Home

As of June 2016

Opportunity is waiting! Imagine getting a six plex! This well cared for tri-plex is to be sold with RMLS #16354892. Each unit features cozy fireplaces, some with covered patios, one or two car garages and off street parking. A 50 year Presidential roof was installed three years ago, they have new windows & doors & additional insulation in the attics & newer paint. Long term tenants & low vacancy rate.

Last Listed By

Teresa Hull

RE/MAX Equity Group License #200701349 Listed on: 02/18/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,676

Year Built

  • Built in 1979

Lot Details

  • 0.29

Parking

  • Garage

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Fireplace
  • Level Lot
  • Electric Water Heater

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,676

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2944
  • Year Built: 1979
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: BETTY ACRES, LOT 7
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Sewer, Water

Condo/Co-op/Association

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

Schools

  • Elementary School: Lynch View
  • Middle School: Centennial
  • High School: Centennial

Lot Info

  • Lot Description: Level
  • Zoning: multi

Tax Info

  • Tax Amount: 4316.48
  • Assessor Parcel Number: R116027

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.40

MLS Schools

  • Elementary School: Lynch View
  • High School: Centennial
  • Middle School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
May 17, 2016
Sold by
Holenstein Christopher
Bought by
Holenstein Chris
Seller's Agent
Teresa Hull
RE/MAX Equity Group
Buyer's Agent
Tim Sellers
Berkshire Hathaway HomeServices NW Real Estate
List Price
$399,500
Sold Price
$350,000
Premium/Discount to List
-$49,500
-12.39%
Total Days on Market
24
Current Estimated Value
$615,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,116
Avg. Annual Appreciation
6.31%

Purchase Details

Closed on
Mar 15, 2016
Sold by
Holenstein Chris
Bought by
Putrevu Aditya

Purchase Details

Closed on
Nov 13, 2012
Sold by
Holenstein Chris
Bought by
Chris Holenstein & Ann Steichen Living T

Purchase Details

Closed on
Sep 14, 2004
Sold by
Holenstein Anna
Bought by
Holenstein Chris

Purchase Details

Closed on
Feb 19, 2003
Sold by
Holenstein Anna C
Bought by
Holenstein Chris M

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
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1998
Sold by
Schumacher Hugo
Bought by
Holenstein Anna C and Holenstein Chris M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,300
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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
Holenstein Chris -- First American
Putrevu Aditya $350,000 First American
Chris Holenstein & Ann Steichen Living T -- None Available
Holenstein Chris -- --
Holenstein Chris M -- Transnation
Holenstein Anna C $217,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Putrevu Aditya $252,000
Previous Owner Holenstein Chris M $170,000
Previous Owner Holenstein Chris M $191,000
Previous Owner Holenstein Anna C $195,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $350,000 -12.4% $119 / Sq Ft
03/13/2016 03/13/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $399,500 -- $136 / 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 $5,676 $327,610 $0 $0
2022 $5,466 $318,070 $0 $0
2021 $5,486 $308,810 $0 $0
2020 $5,051 $299,820 $0 $0
2019 $4,928 $291,090 $0 $0
2018 $4,727 $282,620 $0 $0
2017 $4,569 $274,390 $0 $0
2016 $4,435 $266,400 $0 $0
2015 $4,316 $258,650 $0 $0
2014 $4,213 $251,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Teresa Hull

    RE/MAX

  • A

    Seller Co-Listing Agent in 2016

    Alicia Greene-Holenstein

    RE/MAX

  • Tim Sellers

    Buyer's Agent in 2016

    Tim Sellers

    BHHS Oregon- Northwest

    (503) 519-3333

    3 in this area

    73 Total Sales

    Tim Sellers
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16090349

Regional Multiple Listing Service (RMLS)

APN: R116027

Oregon Multnomah County Gresham 97030 Centennial-Gresham

18641 SE Division St Unit 18645, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 18641 SE Division St Unit 18645, Gresham, OR 97030 since 18 February 2016 and is currently estimated at $615,116, approximately $208 per square foot. This property was built in 1979. 18641 SE Division St Unit 18645 is a home located in Multnomah County with nearby schools including Patrick Lynch Elementary School, Centennial Middle School, and Centennial 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.