NOT LISTED FOR SALE

209 NE Liberty Ave Unit 213 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $417,000 - $544,000

6 Beds
3 Baths
2,584 Sq Ft
$195/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $525,000 $203 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,193/month

18 Days on Market

Highlights

  • 0.28 Acre Lot
  • 4-minute walk to Cleveland Avenue
  • Forced Air Heating System
  • Private Lot
  • 1 Car Attached Garage
  • Baseboard Heating

About This Home

As of May 2024

Great opportunity for a well-maintained Gresham Triplex unit. Near the heart of Downtown Gresham, public transit and great walkability! 2584 total sq ft with 7 total bedrooms & 3 bathrooms! Attached garage, tons of parking and very large and private shared lot. 3 completely separate living spaces make for a perfect investment, or multigenerational living! Updated front house with brand new appliances, 3 bedrooms & 1 bath. Duplex hosting two 2 bedroom & 1 bath units. All have access to washer/dryer hookups and the parking is abundant!

Last Agent to Sell the Property

Ashlee Whitney

Mal & Seitz License #200608010 Listed on: 03/07/2024

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,890

Year Built

  • Built in 1976

Lot Details

  • 0.28 Acre Lot
  • Private Lot
  • Level Lot

Parking

  • 1 Car Attached Garage
  • Open Parking

Home Design

  • Shingle Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Cedar

Interior Spaces

  • 2,584 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R339287

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $12,308
  • Gross Income $34,523
  • Net Operating Income $22,217

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,890

Year Built

Built in 1976

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1976
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: Cedar,T111Siding,WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level, Private
  • Roof: Shingle

Garage/Parking

  • Parking Description: Attached, Open
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Electricity,Gas
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard, ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: DT
  • Lot Size Acres: 0.28
  • Lot Size Sq Ft: 12196.0
  • Parcel #: R339287

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4890.32

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 17.35
  • Annual Gross Income: 34523.0
  • Property Net Operating Income: 22217.0
  • Annual Operating Expense: 12308.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
May 6, 2024
Sold by
Whitney Jacob L
Bought by
Morgan Trenton P
Seller's Agent
Ashlee Whitney
Mal & Seitz
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$599,000
Sold Price
$525,000
Premium/Discount to List
-$74,000
-12.35%
Views
31
Current Estimated Value
$504,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,176
Avg. Annual Appreciation
-2.93%
Original Mortgage
$393,750
Outstanding Balance
$335,528
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$169,296

Purchase Details

Closed on
Oct 4, 2018
Sold by
Nonstop Investment Llc
Bought by
Whitney Jacob L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2006
Sold by
Whitney Jacob
Bought by
Nonstop Investment Llc

Purchase Details

Closed on
Mar 10, 2006
Sold by
Hassen Hector
Bought by
Whitney Jacob

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,392
Interest Rate
6.25%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 19, 2004
Sold by
Nguyen Thai Son
Bought by
Hassen Hector and Hassen Mazen

Purchase Details

Closed on
Oct 13, 1999
Sold by
Nguyen Thaison
Bought by
Nguyen Thai Son and Nguyen Thach Thai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1996
Sold by
Hooff David and Holland John F
Bought by
Nguyen Thaison and Nguyen Thach

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,995
Interest Rate
8.42%

Purchase Details

Closed on
Jun 26, 1995
Sold by
Holland John F
Bought by
Holland John F and Holland Marilyn K

Purchase Details

Closed on
Jun 21, 1995
Sold by
Caruso Joseph M and Caruso Judy I
Bought by
Holland John F and David Hooff M
Source: Public Records

Range of Values:

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Average Value
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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
Morgan Trenton P $525,000 First American Title
Whitney Jacob L -- Wfg National Title
Nonstop Investment Llc -- Accommodation
Whitney Jacob $341,960 First American
Hassen Hector $215,000 First American
Nguyen Thai Son -- Fidelity National Title Co
Nguyen Thaison $174,995 Stewart Title
Holland John F -- Stewart Title
Holland John F $60,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Trenton P $393,750
Previous Owner Whitney Jacob L $100,000
Previous Owner Whitney Jacob L $260,000
Previous Owner Whitney Jacob $68,392
Previous Owner Whitney Jacob $273,568
Previous Owner Hassen Hector $232,000
Previous Owner Nguyen Thai Son $60,000
Previous Owner Nguyen Thaison $34,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold $525,000 -12.4% $203 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $599,000 0.0% $232 / Sq Ft
03/10/2024 03/10/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $599,000 -- $232 / 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
2024 $5,368 $267,530 -- --
2023 $4,890 $259,740 $0 $0
2022 $4,754 $252,180 $0 $0
2021 $4,634 $244,840 $0 $0
2020 $4,360 $237,710 $0 $0
2019 $4,246 $230,790 $0 $0
2018 $4,048 $224,070 $0 $0
2017 $3,884 $217,550 $0 $0
2016 $3,425 $211,220 $0 $0
2015 $3,351 $205,070 $0 $0
2014 $3,269 $199,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24157085

Regional Multiple Listing Service (RMLS)

APN: R339287