NOT LISTED FOR SALE

20901 SE Morrison St Gresham, OR 97030

North Central Neighborhood

Estimated Value: $450,553 - $468,000

4 Beds
2 Baths
1,752 Sq Ft
$261/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $359,000 $205 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,770/month

22 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • Wood Siding

About This Home

As of February 2020

These are great units in wonderful condition that are always rented. Good location between Burnside and Stark St. Only minutes to shopping, bus line, restaurants and down town Gresham. These units have fenced backyards and covered parking. You can drive by but please do not go on property or disturb tenants.

Last Agent to Sell the Property

John McClung

Harcourts Real Estate Network Group License #940300096 Listed on: 12/20/2019

Harcourts Real Estate Network Group

Co-Listed By

Hollie McClung

Harcourts Real Estate Network Group License #940300095

Last Buyer's Agent

Jacob Sanchez

Next Generation Real Estate LLC License #201217085

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,273

Year Built

  • Built in 1973

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,752 Sq Ft Home
  • Crawl Space

Parking

  • Carport
  • Off-Site Parking

Schools

  • East Gresham Elementary School
  • Gresham High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $22,800

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R113666

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,273

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1973
  • Property Attached Yn: No
  • Current Price For Status: 359000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, OffSite
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle Or Junior School: Other

Lot Info

  • Zoning: multi
  • Parcel #: R113666

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3272.63

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.75
  • Annual Gross Income: 22800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2019
Closed on
Feb 27, 2020
Sold by
Nusom Bradley W
Bought by
Sanchez Mark T and Sanchez Angela
Seller's Agent
John McClung
Harcourts Real Estate Network Group
Buyer's Agent
Jacob Sanchez
Next Generation Real Estate LLC
List Price
$359,000
Sold Price
$359,000
Current Estimated Value
$457,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,888
Avg. Annual Appreciation
4.25%
Original Mortgage
$259,000
Outstanding Balance
$228,837
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$229,051

Purchase Details

Listed on
Aug 13, 2015
Closed on
Nov 13, 2015
Sold by
Chamberlain Joel H
Bought by
Nusom Bradley W
Seller's Agent
Jacque Bryant
Cascade Hasson Sotheby's International Realty
Buyer's Agent
John McClung
Harcourts Real Estate Network Group
List Price
$229,000
Sold Price
$234,000
Premium/Discount to List
$5,000
2.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%
Original Mortgage
$163,800
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 21, 2005
Sold by
Chamberlain Joel H
Bought by
Chamberlain Joel H and The Joel H Chamberlain Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Mark T $359,000 Wfg Title
Nusom Bradley W -- Wfg Title
Nusom Bradley W $234,000 Fidelity Natl Title Co Of Or
Chamberlain Joel H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Mark T $259,000
Previous Owner Nusom Bradley W $163,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2020 02/28/20 Sold $359,000 0.0% $205 / Sq Ft
01/10/2020 01/10/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $359,000 0.0% $205 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/19/2019 12/19/19 For Sale $359,000 +53.4% $205 / Sq Ft
12/14/2015 12/14/15 Sold $234,000 +2.2% $134 / Sq Ft View Prior Sale
08/24/2015 08/24/15 Pending -- -- --
08/13/2015 08/13/15 For Sale $229,000 -- $131 / 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 $4,532 $222,720 -- --
2024 $4,339 $216,240 -- --
2023 $3,953 $209,950 $0 $0
2022 $3,842 $203,840 $0 $0
2021 $3,746 $197,910 $0 $0
2020 $3,524 $192,150 $0 $0
2019 $3,432 $186,560 $0 $0
2018 $3,273 $181,130 $0 $0
2017 $3,140 $175,860 $0 $0
2016 $2,768 $170,740 $0 $0
2015 $2,709 $165,770 $0 $0
2014 $2,585 $160,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McClung

    Seller's Agent in 2020

    John McClung

    Harcourts Real Estate Network Group

    (503) 807-5711

    1 in this area

    167 Total Sales

    John McClung
    Section Image
  • Hollie McClung

    Seller Co-Listing Agent in 2020

    Hollie McClung

    Harcourts Real Estate Network Group

    (503) 807-5710

    37 Total Sales

    Hollie McClung
    Section Image
  • Jacob Sanchez

    Buyer's Agent in 2020

    Jacob Sanchez

    Next Generation Real Estate LLC

    (503) 348-4550

    1 in this area

    153 Total Sales

    Jacob Sanchez
    Section Image

  • J

    Seller's Agent in 2015

    Jacque Bryant

    Cascade Hasson Sotheby's International Realty

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19510909

Regional Multiple Listing Service (RMLS)

APN: R113666

Oregon Multnomah County Gresham 97030 North Central

20901 SE Morrison St, Gresham, OR

Not Listed for Sale

MultiFamily

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