NOT LISTED FOR SALE

18737 SE Division St Unit 18741 Gresham, OR 97030

Centennial-Gresham Neighborhood

Estimated Value: $530,000 - $1,182,523

3 Beds
3 Baths
10,360 Sq Ft
$85/Sq Ft Est. Value

Last Sold July 28, 2022

Last sale price $1,415,000 $137 Per Sq Ft

Est. 37% decrease in value since last sale

Current estimated payment $6,109/month

2 Days on Market

Highlights

  • Fireplace
  • Garage
  • Washer and Dryer
  • Storage

About This Home

As of July 2022

The Cascade Garden Apts is a low-density, well cared for community featuring an original duplex comprised of 2BR/1BA floor plans built in 1943 along with 8- 1BR/1.5BA TH floor plans built in 1997. Each unit features a garage (attached or detached), W/D, gas fireplace, & backyard patio. Pristine landscape & grounds with most of the units set back off the street providing a tranquil & quiet setting. Well cared for with recent upgrades; roofing in 2020, exterior paint, & various interior upgrades.

Last Listed By

Phillip Barry

Joseph Bernard LLC License #200807134 Listed on: 05/25/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,457

Year Built

  • Built in 1997

Lot Details

  • 0.87

Parking

  • Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Storage
  • Washer and Dryer
  • Dishwasher

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 10 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,457

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 10360
  • Stories: 2
  • Year Built: 1997
  • Property Condition: Existing
  • Remarks Public: The Cascade Garden Apts is a low-density, well cared for community featuring an original duplex comprised of 2BR/1BA floor plans built in 1943 along with 8- 1BR/1.5BA TH floor plans built in 1997. Each unit features a garage (attached or detached), W/D, gas fireplace, & backyard patio. Pristine landscape & grounds with most of the units set back off the street providing a tranquil & quiet setting. Well cared for with recent upgrades; roofing in 2020, exterior paint, & various interior upgrades.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: VANCE, LOT 13 TL 3100
  • Storage: Garage(s)

Exterior Features

  • Lot Size: 20K-.99AC
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Storage, Washer/Dryer

Schools

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

Lot Info

  • Zoning: CMF
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 13974.70
  • Assessor Parcel Number: R293273
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 12.26

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 20, 2022
Sold by
Clark Revocable Trust
Bought by
Union One Properties Llc
Seller's Agent
Phillip Barry
Joseph Bernard LLC
Buyer's Agent
Phillip Barry
Joseph Bernard LLC
List Price
$1,350,000
Sold Price
$1,415,000
Premium/Discount to List
$65,000
4.81%
Total Days on Market
2
Current Estimated Value
$884,508

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$530,492
Avg. Annual Appreciation
-25.51%
Original Mortgage
$765,000
Outstanding Balance
$742,159
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
-$118,159

Purchase Details

Closed on
Oct 13, 2016
Sold by
Clark Sheila R and Clark Kenneth I
Bought by
Clark Kenneth I and Clark Sheila R

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
Union One Properties Llc $1,415,000 Chicago Title
Clark Kenneth I -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Union One Properties Llc $765,000
Previous Owner Clark Kenneth I $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2022 07/28/22 Sold $1,415,000 +4.8% $137 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,350,000 -- $130 / 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 $14,457 $834,480 $0 $0
2022 $13,923 $810,180 $0 $0
2021 $13,975 $786,590 $0 $0
2020 $12,867 $763,680 $0 $0
2019 $12,553 $741,440 $0 $0
2018 $12,040 $719,850 $0 $0
2017 $11,637 $698,890 $0 $0
2016 $11,296 $678,540 $0 $0
2015 $10,994 $658,780 $0 $0
2014 $10,729 $639,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2022

    Phillip Barry

    Joseph Bernard LLC

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22245826

Regional Multiple Listing Service (RMLS)

APN: R293273

Oregon Multnomah County Gresham 97030 Centennial-Gresham

18737 SE Division St Unit 18741, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 18737 SE Division St Unit 18741, Gresham, OR 97030 since 25 May 2022 and is currently estimated at $884,508, approximately $85 per square foot. This property was built in 1997. 18737 SE Division St Unit 18741 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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