NOT LISTED FOR SALE

208 SW Wallula Ave Unit 210 Gresham, OR 97080

Hollybrook Neighborhood

Estimated Value: $523,000 - $600,000

4 Beds
4 Baths
2,096 Sq Ft
$263/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $530,000 $253 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,412/month

22 Days on Market

Highlights

  • View of Trees or Woods
  • 2 Car Garage
  • Heating System Mounted To A Wall or Window
  • Private Lot

About This Home

As of July 2024

Very charming Duplex with many upgrades in a quiet neighborhood. Functional floor plans in side-by-side units with 2 bedrooms upstairs and 1.5 baths. Each unit has its own garage and private backyard. Both units were refreshed with interior paint, new laminate flooring, carpet, and new wall heaters. Note: pictures are of the left unit. Tucked way down a long driveway it has a very private setting. With many major upgrades, this offers a carefree investment opportunity or owner-occupied property with income. The roof replaced in the last 2 years, New Hardiplank siding and new exterior paint last Fall and a new main water line to the house was installed last month. Near Gresham Butte and just 1.1 miles to downtown Gresham, farmers market, & more. Gateway to Troutdale, Mt. Hood, and Happy Valley. Excellent well-qualified tenants. This is well-maintained duplex is a solid income-producing property on day one.

Last Agent to Sell the Property

Karoline Ashley

Windermere Realty Trust Brokerage Phone: 503-819-4851 License #200509309 Listed on: 05/21/2024

Windermere Realty Trust

Last Buyer's Agent

Drew Walters

Harcourts Real Estate Network Group License #201240570

Harcourts Real Estate Network Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,344

Year Built

  • Built in 1976 | Remodeled

Lot Details

  • 9,147 Sq Ft Lot
  • Private Lot
  • Level Lot
  • Flag Lot

Parking

  • 2 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,096 Sq Ft Home
  • 2-Story Property
  • Views of Woods
  • Crawl Space

Schools

  • Hollydale Elementary School
  • Clear Creek Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection
  • Assessor Parcel Number R208509

Community Details

Overview

  • 2 Units
  • Hollybrook Subdivision

Building Details

  • Operating Expense $9,518
  • Gross Income $32,410
  • Net Operating Income $22,892

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,344

Year Built

Built in 1976 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1976
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Brick,CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: FlagLot, Level, Private
  • Road Surface Type: Paved
  • Roof: Composition
  • View: TreesWoods

Garage/Parking

  • Parking Description: Driveway, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallHeater
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hollydale
  • High School: Gresham
  • Middle Or Junior School: Clear Creek

Lot Info

  • Zoning: duplex
  • Lot Size Acres: 0.21
  • Lot Size: 9200
  • Lot Size Sq Ft: 9147.0
  • Parcel #: R208509

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 5343.87

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.04
  • Annual Gross Income: 32410.0
  • Property Net Operating Income: 22892.0
  • Annual Operating Expense: 9518.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 30, 2024
Sold by
Oconnor Kevin and Charlesworth Kelsi
Bought by
Ordaz Joseph
Seller's Agent
Karoline Ashley
Windermere Realty Trust
Buyer's Agent
Drew Walters
Harcourts Real Estate Network Group
List Price
$520,000
Sold Price
$530,000
Premium/Discount to List
$10,000
1.92%
Views
25
Current Estimated Value
$551,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,598
Avg. Annual Appreciation
3.25%
Original Mortgage
$503,500
Outstanding Balance
$496,888
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$54,710

Purchase Details

Closed on
Dec 22, 2018
Sold by
Oconnor Kevin
Bought by
Oconnor Kevin and Charlesworth Kelsi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 13, 2017
Closed on
Apr 25, 2017
Sold by
Burke Cathleen
Bought by
Connor Kevin O
Seller's Agent
Tony Lozzi
John L. Scott Portland Metro
Buyer's Agent
Karoline Ashley
Windermere Realty Trust
List Price
$289,900
Sold Price
$289,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.85%
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
Ordaz Joseph $530,000 Chicago Title
Oconnor Kevin -- Boston National Title Llc
Connor Kevin O $289,900 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ordaz Joseph $503,500
Previous Owner Oconnor Kevin $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2024 07/31/24 Sold $530,000 +1.9% $253 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $520,000 +79.4% $248 / Sq Ft
04/28/2017 04/28/17 Sold $289,900 0.0% $138 / Sq Ft View Prior Sale
04/01/2017 04/01/17 Pending -- -- --
03/13/2017 03/13/17 For Sale $289,900 -- $138 / 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 $6,127 $301,110 -- --
2024 $5,865 $292,340 -- --
2023 $5,865 $283,830 $0 $0
2022 $5,195 $275,570 $0 $0
2021 $5,064 $267,550 $0 $0
2020 $4,764 $259,760 $0 $0
2019 $4,640 $252,200 $0 $0
2018 $4,424 $244,860 $0 $0
2017 $4,245 $237,730 $0 $0
2016 $3,742 $230,810 $0 $0
2015 $3,662 $224,090 $0 $0
2014 $3,572 $217,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karoline Ashley

    Seller's Agent in 2024

    Karoline Ashley

    Windermere Realty Trust

    (503) 819-4851

    1 in this area

    267 Total Sales

    Karoline Ashley
    Section Image
  • Drew Walters

    Buyer's Agent in 2024

    Drew Walters

    Harcourts Real Estate Network Group

    (971) 275-5896

    3 in this area

    61 Total Sales

    Drew Walters
    Section Image
  • Tony Lozzi

    Seller's Agent in 2017

    Tony Lozzi

    John L. Scott Portland Metro

    (503) 789-7090

    1 in this area

    76 Total Sales

    Tony Lozzi
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24632396

Regional Multiple Listing Service (RMLS)

APN: R208509

Oregon Multnomah County Gresham 97080 Hollybrook

208 SW Wallula Ave Unit 210, Gresham, OR

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