NOT LISTED FOR SALE

18737 SE Division St Unit 18741 Gresham, OR 97030

Centennial-Gresham Neighborhood

Estimated Value: $564,000 - $1,321,000

3 Beds
3 Baths
10,360 Sq Ft
$95/Sq Ft Est. Value

Last Sold July 28, 2022

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

Est. 30% decrease in value since last sale

Current estimated payment $6,598/month

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Washer and Dryer
  • Storage
  • Garage

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 Agent to Sell the Property

Phillip Barry

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

Last Buyer's Agent

Phillip Barry

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

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,765

Year Built

  • Built in 1997

Lot Details

  • 0.87

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

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

Parking

  • Garage
  • Parking Storage or Cabinetry

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

$16,765

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
  • 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

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 and Clark Sheila R
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%
Current Estimated Value
$986,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$428,166
Avg. Annual Appreciation
-10.47%
Original Mortgage
$765,000
Outstanding Balance
$293,159
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$693,675

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
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $16,765 $885,290 -- --
2024 $16,057 $859,510 -- --
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

Not Listed for Sale

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