NOT LISTED FOR SALE

2005 NW Earl Ct Unit 2025 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $537,000 - $619,814

6 Beds
3 Baths
2,400 Sq Ft
$242/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $425,000 $177 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,486/month

14 Days on Market

Highlights

  • Deck
  • Cul-De-Sac
  • Wood Siding
  • Corner Lot
  • Outdoor Storage
  • 1-Story Property

About This Home

As of October 2017

Corner lot. 2 bdrm/1 bath units, always rented, low-turnover, long-term tenants. Rents range from 750 to 1025 (rent amounts are as of September 1st). Potential to grow income and good natural & forced appreciation potential. Under 145k per unit!! Whether you are a seasoned investor or just starting out, this is a unique opportunity. Diversify your income with a true multi-family income property or owner occupy a unit?

Last Listed By

Sunny Hildebrand

Hildebrand Realty License #200312046 Listed on: 08/18/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,165

Year Built

  • Built in 1967

Lot Details

  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Home Design

  • Wood Siding
  • Lap Siding

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Storage In Attic
  • Range

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,165

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2400
  • Stories: 1
  • Year Built: 1967
  • Property Condition: Existing
  • Remarks Public: Corner lot. 2 bdrm/1 bath units, always rented, low-turnover, long-term tenants. Rents range from 750 to 1025 (rent amounts are as of September 1st). Potential to grow income and good natural & forced appreciation potential. Under 145k per unit!! Whether you are a seasoned investor or just starting out, this is a unique opportunity. Diversify your income with a true multi-family income property or owner occupy a unit?
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASPEN HIGHLANDS, BLOCK 3, LOT 22
  • Basement: Crawl Space
  • Storage: Attic, Deck

Exterior Features

  • Exterior Description: Lap Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Common Amenities: Commons
  • Unit Features: Deck, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Highland
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Lot Description: On Busline, Corner Lot, Cul-de-sac, Level
  • Zoning: LDR5

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 2216.80
  • Assessor Parcel Number: R110196

Multi Family

  • Unit Type: 1, 2, 3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 12.90

MLS Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2017
Closed on
Oct 13, 2017
Sold by
Moyer Lawrence R
Bought by
Fetherston David G
Seller's Agent
Sunny Hildebrand
Hildebrand Realty
Buyer's Agent
Tony Lozzi
John L. Scott Portland Metro
List Price
$429,500
Sold Price
$425,000
Premium/Discount to List
-$4,500
-1.05%
Total Days on Market
14
Current Estimated Value
$581,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,204
Avg. Annual Appreciation
4.04%
Original Mortgage
$220,000
Outstanding Balance
$188,584
Interest Rate
3.83%
Mortgage Type
New Conventional
Estimated Equity
$384,726

Purchase Details

Closed on
Apr 1, 2008
Sold by
Moyer Lawrence R
Bought by
Moyer Lawrence R and Moyer Darla J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 12, 2001
Sold by
Smiley Gene L
Bought by
Moyer Lawrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 1997
Sold by
Tarlow Family Ltd Partnership
Bought by
Smiley Gene L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

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
Fetherston David G $425,000 Ticor Title Company Of Or
Moyer Lawrence R -- First American Title Insuran
Moyer Lawrence R $198,000 Fidelity National Title Co
Smiley Gene L $215,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fetherston David G $220,000
Previous Owner Moyer Lawrence R $152,000
Previous Owner Moyer Lawrence R $157,500
Previous Owner Moyer Lawrence R $137,000
Previous Owner Smiley Gene L $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $425,000 -1.0% $177 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/18/2017 08/18/17 For Sale $429,500 -- $179 / 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 $3,165 $168,120 $0 $0
2022 $3,077 $163,230 $0 $0
2021 $2,999 $158,480 $0 $0
2020 $2,822 $153,870 $0 $0
2019 $2,748 $149,390 $0 $0
2018 $2,621 $145,040 $0 $0
2017 $2,514 $140,820 $0 $0
2016 $2,217 $136,720 $0 $0
2015 $2,169 $132,740 $0 $0
2014 $2,116 $128,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17068567

Regional Multiple Listing Service (RMLS)

APN: R110196