Robie Ranes
Responds Quickly
Realty One Group Pacifica
(971) 272-8964
56 Total Sales
3 in Powell Valley
$265K - $375K Price Range
193 SE Paloma Ave Gresham, OR 97080
Powell Valley Neighborhood
5
Beds
3
Baths
2,536
Sq Ft
0.26
Acre Lot
Highlights
- Home fronts a creek
- Deck
- Private Yard
- View of Trees or Woods
- 2 Fireplaces
- No HOA
About This Home
As of July 2026Investors, flippers, and handy homeowners! Your next project just hit the market. This 5-bed, 3-bath fixer is priced aggressively for the buyer who shows up with a toolbelt and a vision.The lot alone will stop you in your tracks: perched above Kelly Creek, surrounded by mature trees and stunning seasonal blooms. The kind of outdoor setting you can't manufacture, only find. Established neighborhood in Gresham.And this isn't a blind leap, the seller has done the homework. A pre-home inspection, passed sewer scope, and foundation repair bid are all in the docs tab (April 2026). Here's what's already been taken care of: • Roof & gutters replaced 2023 • Brand new furnace installed January 2024 (Jacobs Heating & Cooling) • Central AC (2005) plus gas forced air heat • Double pane windows replaced 1996 • Front door, garage door & sliders replaced • Stainless Steel Appliances in 2021The basement has its own separate entry, making it a natural fit for multi-generational living, a rental unit, or a live-in flip while you work upstairs.Priced to move. Cash is king, but seller is willing to explore financing with the right offer. If you've been waiting for a deal with real upside on a lot that actually delivers, this is the one. Bring your crew. Home is sold As Is.
Last Agent to Sell the Property
eXp Realty, LLC Brokerage Phone: 503-886-9156 License #930200328 Listed on: 05/21/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,864
Year Built
- Built in 1974
Lot Details
- 11,325 Sq Ft Lot
- Home fronts a creek
- Terraced Lot
- Landscaped with Trees
- Private Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Property Views
- Woods
- Creek or Stream
Home Design
- Fixer Upper
- Slab Foundation
- Composition Roof
- Cedar
Interior Spaces
- 2,536 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Laundry Room
- Finished Basement
Kitchen
- Free-Standing Range
- Microwave
Bedrooms and Bathrooms
- 5 Bedrooms
Outdoor Features
- Deck
Schools
- Powell Valley Elementary School
- Gordon Russell Middle School
- Sam Barlow High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R154834
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 21, 2026
Closed on
Jun 26, 2026
Sold by
Leuthauser John
Bought by
Seller's Agent
Nicole Richards
eXp Realty, LLC
Buyer's Agent
Mike Rossi
Keller Williams Realty Portland Elite
List Price
$399,000
Sold Price
$373,000
Premium/Discount to List
-$26,000
-6.52%
Views
264
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.55%
Original Mortgage
$335,700
Outstanding Balance
$294,528
Interest Rate
6.51%
Mortgage Type
Construction
Estimated Equity
$105,509
Purchase Details
Closed on
Mar 26, 2026
Sold by
Leuthauser John and Elizabeth A Leuthauser Revocable Living
Bought by
Leuthauser John
Purchase Details
Closed on
Jan 9, 2026
Sold by
Leuthauser Elizabeth Ann
Bought by
Elizabeth A Leuthauser Revocable Living Trust and Leuthauser
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Powell Valley, OR
-
Robie Ranes
-
Madeleine Rose
Madeleine Rose
Premiere Property Group, LLC
(877) 719-5240
40 Total Sales
2 in Powell Valley
$300K - $389K Price Range
-
Tim Saeland
Tim Saeland
RE/MAX Equity Group
(971) 297-3630
161 Total Sales
1 in Powell Valley
$270,000 Price
-
Gina Shingler
Gina Shingler
Oregon Digs Real Estate
(971) 302-4188
89 Total Sales
2 in Powell Valley
$125K - $480K Price Range
-
Brian Johnson
Brian Johnson
Windermere Realty Trust
(360) 803-2544
125 Total Sales
1 in Powell Valley
$494,000 Price
-
Eugene Lew
Eugene Lew
RE/MAX Equity Group
(971) 351-4645
27 Total Sales
1 in Powell Valley
$427,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $373,000 | Lawyers Title | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $335,700 | Construction |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/02/2026 07/02/26 | Sold | $373,000 | -6.5% | $147 / Sq Ft |
| 06/15/2026 06/15/26 | Pending | -- | -- | -- |
| 06/03/2026 06/03/26 | For Sale | $399,000 | 0.0% | $157 / Sq Ft |
| 05/27/2026 05/27/26 | Pending | -- | -- | -- |
| 05/21/2026 05/21/26 | For Sale | $399,000 | -- | $157 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $4,864 | $239,030 | ||
| 2024 | $4,656 | $232,080 | ||
| 2023 | $4,242 | $225,320 | $0 | $0 |
| 2022 | $4,124 | $218,760 | $0 | $0 |
| 2021 | $4,020 | $235,750 | $0 | $0 |
| 2020 | $3,782 | $228,890 | $0 | $0 |
| 2019 | $3,683 | $222,230 | $0 | $0 |
| 2018 | $3,512 | $215,760 | $0 | $0 |
| 2017 | $3,369 | $209,480 | $0 | $0 |
| 2016 | $2,971 | $183,220 | $0 | $0 |
| 2015 | $2,907 | $177,890 | $0 | $0 |
| 2014 | $2,836 | $172,710 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Nicole Richards
Seller's Agent in 2026
Nicole Richards
eXp Realty, LLC
(503) 886-9156
8 in this area
114 Total Sales
-
Mike Rossi
MR
Buyer's Agent in 2026
Mike Rossi
Keller Williams Realty Portland Elite
(503) 744-0000
1 in this area
22 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 518426075
APN: R154834
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.
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 © 2026 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.
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