NOT LISTED FOR SALE

1933 SE 6th St Unit 1973 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $1,295,000 - $1,937,349

10 Beds
10 Baths
8,120 Sq Ft
$190/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $745,000 $92 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $9,727/month

95 Days on Market

Highlights

  • Storage
  • Level Lot
  • Lap Siding

About This Home

As of April 2014

Great Investment property. All units are rented, one is a long term tenant. Immaculate property. easy access to all public transportation, shopping, medical, and walk to downtown Gresham. This 8 plex has all the important amenities for an investment property, all appliances, including washer & dryer are newer. Consistently rented, all units have a small storage room.

Last Listed By

Sandara Webb

MORE Realty License #200201164 Listed on: 12/12/2013

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,861

Year Built

  • Built in 1999

Lot Details

  • 0.48

Parking

  • Open Parking
  • Assigned Parking

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,861

Year Built

Built in 1999

Lot Details

0

Parking

12

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 8120
  • Stories: 2
  • Year Built: 1999
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space, Slab
  • Legal Description: SECTION 11 1S 3E, TL 1200 0.48 ACRES
  • Storage: Attached

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 12
  • Parking Description: Assigned, Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security Or Entry: Security Lights

Condo/Co-op/Association

  • Unit Features: Dishwasher, Microwave, Range, Refrigerator

Schools

  • Elementary School: East Gresham
  • High School: Gresham

Lot Info

  • Lot Description: Level
  • Zoning: MDR24

Tax Info

  • Tax Amount: 8740.00
  • Assessor Parcel Number: R339437

Multi Family

  • Unit Type: 1, 2, 3, 4, 5
  • Number Of Units Total: 8
  • Gross Rent Multiplier: 11.79

MLS Schools

  • Elementary School: East Gresham
  • High School: Gresham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 1, 2018
Sold by
Lyons David R
Bought by
Old Growth Investments Llc
Total Days on Market
95
Current Estimated Value
$1,546,116

Purchase Details

Closed on
Apr 26, 2017
Sold by
Willow Pointe Llc
Bought by
Lyons David R and Lyons Theresa Jo

Purchase Details

Listed on
Dec 12, 2013
Closed on
Apr 15, 2014
Sold by
Gresham Limited Partnership
Bought by
Willow Pointe Llc
Seller's Agent
Sandara Webb
MORE Realty
Buyer's Agent
Ken Cahill
John L. Scott Portland Metro
List Price
$785,000
Sold Price
$745,000
Premium/Discount to List
-$40,000
-5.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$570,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 23, 2007
Sold by
Jnt Properties Llc
Bought by
Gresham Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2005
Sold by
Jbc Enterprises Inc
Bought by
Jnt Properties Llc

Purchase Details

Closed on
Mar 10, 2005
Sold by
Jbc Enterprises Inc
Bought by
Jnt Properties Llc

Purchase Details

Closed on
Jun 23, 1999
Sold by
Dodson Theodore W and Dodson Melba J
Bought by
Quality Plus Interiors Inc

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
Old Growth Investments Llc -- None Available
Lyons David R $1,300,000 Lawyers Title
Willow Pointe Llc $745,000 First American
Gresham Lp $785,000 First American Title Insuran
Jnt Properties Llc $737,500 Fatco
Jnt Properties Llc $737,500 First American Title
Quality Plus Interiors Inc $30,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Willow Pointe Llc $570,000
Previous Owner Gresham Lp $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $745,000 -5.1% $92 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
12/12/2013 12/12/13 For Sale $785,000 -- $97 / 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 $13,861 $736,190 $0 $0
2022 $13,473 $714,750 $0 $0
2021 $13,134 $693,940 $0 $0
2020 $12,357 $673,730 $0 $0
2019 $12,034 $654,110 $0 $0
2018 $11,474 $635,060 $0 $0
2017 $11,009 $616,570 $0 $0
2016 $9,706 $598,620 $0 $0
2015 $9,496 $581,190 $0 $0
2014 $9,265 $564,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandara Webb

    Seller's Agent in 2014

    Sandara Webb

    MORE Realty

    (503) 539-6167

    62 Total Sales

    Sandara Webb
    Section Image

  • J

    Seller Co-Listing Agent in 2014

    June Taylor

    The Broker Network, LLC

    (503) 465-5077

    43 Total Sales

    June Taylor
    Section Image
  • Ken Cahill

    Buyer's Agent in 2014

    Ken Cahill

    John L. Scott Portland Metro

    (503) 665-0111

    1 in this area

    124 Total Sales

    Ken Cahill
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13471374

Regional Multiple Listing Service (RMLS)

APN: R339437

Oregon Multnomah County Gresham 97080 Mount Hood

1933 SE 6th St Unit 1973, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 1933 SE 6th St Unit 1973, Gresham, OR 97080 since 12 December 2013 and is currently estimated at $1,546,116, approximately $190 per square foot. This property was built in 1999. 1933 SE 6th St Unit 1973 is a home located in Multnomah County with nearby schools including Hogan Cedars Elementary School, Dexter McCarty Middle School, and Gresham High School.

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