Seller's Agent in 2024
Vince Cortese
LUXE Forbes Global Properties
(541) 647-1920
1 in this area
19 Total Sales
1985 NW 5th St Gresham, OR 97030
Northwest Gresham NeighborhoodEstimated Value: $470,000 - $646,000
4
Beds
3.5
Baths
1,948
Sq Ft
$287/Sq Ft
Est. Value
Highlights
- Private Pool
- Park or Greenbelt View
- 2 Fireplaces
- Heated Floors
- Hydromassage or Jetted Bathtub
- Bonus Room
About This Home
As of February 2024Beautifully updated ranch across from Bella Vista Park with separate guest house (Possible ADU?). This house has so many custom finishes & updates you won't want to miss it! Gourmet kitchen with pantry, island, & built-ins just perfect for entertaining. Amazing sunroom flooded with natural light would make a great office space or at home gym. Heated floors will keep you warm & cozy on those cold Portland nights. Spacious primary bedroom has walk in closet, cozy double sided gas fireplace, with spa like bath featuring walk in shower & deep soaking tub. The backyard is an entertainer delight with covered patio, built in kitchen, grill, & pool. Private guest house has bedroom, office space, & full bath. Owner is licensed Agent.
Last Agent to Sell the Property
LUXE Forbes Global Properties License #199910033 Listed on: 10/17/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,936
Year Built
- Built in 1967 | Remodeled
Lot Details
- 7,405 Sq Ft Lot
- Fenced
- Sprinkler System
- Private Yard
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Composition Roof
- Stone Siding
- Concrete Perimeter Foundation
- Cedar
Interior Spaces
- 1,948 Sq Ft Home
- 1-Story Property
- Sound System
- 2 Fireplaces
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Home Office
- Bonus Room
- Sun or Florida Room
- Park or Greenbelt Views
- Crawl Space
- Laundry Room
Kitchen
- Built-In Oven
- Free-Standing Gas Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Cooking Island
- Kitchen Island
- Quartz Countertops
- Disposal
Flooring
- Wood
- Heated Floors
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- In-Law or Guest Suite
- Hydromassage or Jetted Bathtub
Outdoor Features
- Private Pool
- Covered Patio or Porch
- Shed
- Built-In Barbecue
Additional Homes
- Accessory Dwelling Unit (ADU)
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number R125567
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2023
Closed on
Feb 6, 2024
Sold by
Cortese Julie Lynn
Bought by
Nava Santos Ernesto Rive and Jimenez Ana Maria
Seller's Agent
Vince Cortese
LUXE Forbes Global Properties
Buyer's Agent
Kahyra Ramirez
Mac Kasa Realty
List Price
$690,000
Sold Price
$595,000
Premium/Discount to List
-$95,000
-13.77%
Views
192
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,859
Avg. Annual Appreciation
-2.56%
Original Mortgage
$584,223
Outstanding Balance
$574,560
Interest Rate
6.66%
Mortgage Type
FHA
Estimated Equity
-$4,290
Purchase Details
Closed on
Mar 2, 2009
Sold by
Cortese Vince
Bought by
Cortese Julie Lynn
Purchase Details
Closed on
Feb 16, 1999
Sold by
Cortese Vince
Bought by
Cortese Vince and Cortese Julie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 8, 1998
Sold by
Farber Freida J
Bought by
Cortese Vince
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nava Santos Ernesto Rive | $595,000 | Chicago Title Company | |
| Cortese Julie Lynn | -- | None Available | |
| Cortese Vince | -- | Fidelity National Title Co | |
| Cortese Vince | $127,500 | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nava Santos Ernesto Rive | $584,223 | |
| Previous Owner | Cortese Vince | $103,000 | |
| Previous Owner | Cortese Vince | $102,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/07/2024 02/07/24 | Sold | $595,000 | -3.3% | $305 / Sq Ft |
| 01/01/2024 01/01/24 | Pending | -- | -- | -- |
| 12/23/2023 12/23/23 | Price Changed | $615,000 | -10.9% | $316 / Sq Ft |
| 12/07/2023 12/07/23 | Price Changed | $690,000 | 0.0% | $354 / Sq Ft |
| 12/07/2023 12/07/23 | For Sale | $690,000 | +16.0% | $354 / Sq Ft |
| 12/07/2023 12/07/23 | Off Market | $595,000 | -- | -- |
| 11/29/2023 11/29/23 | Price Changed | $595,000 | -4.8% | $305 / Sq Ft |
| 11/17/2023 11/17/23 | Price Changed | $625,000 | -3.1% | $321 / Sq Ft |
| 11/17/2023 11/17/23 | For Sale | $645,000 | 0.0% | $331 / Sq Ft |
| 11/10/2023 11/10/23 | Pending | -- | -- | -- |
| 10/29/2023 10/29/23 | Price Changed | $645,000 | -4.4% | $331 / Sq Ft |
| 10/23/2023 10/23/23 | Price Changed | $675,000 | -3.6% | $347 / Sq Ft |
| 10/17/2023 10/17/23 | For Sale | $699,950 | -- | $359 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $4,934 | $245,930 | -- | -- |
| 2023 | $4,050 | $215,090 | $0 | $0 |
| 2022 | $3,936 | $208,830 | $0 | $0 |
| 2021 | $3,837 | $202,750 | $0 | $0 |
| 2020 | $3,611 | $196,850 | $0 | $0 |
| 2019 | $3,516 | $191,120 | $0 | $0 |
| 2018 | $3,353 | $185,560 | $0 | $0 |
| 2017 | $3,217 | $180,160 | $0 | $0 |
| 2016 | $2,836 | $174,920 | $0 | $0 |
| 2015 | $2,775 | $169,830 | $0 | $0 |
| 2014 | $2,707 | $164,890 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Vince Cortese
-
Kahyra Ramirez
Buyer's Agent in 2024
Kahyra Ramirez
Mac Kasa Realty
(503) 332-5733
1 in this area
33 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23592636
APN: R125567
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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.
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