NOT LISTED FOR SALE

21621 SE Alder St Unit 21627 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $795,000 - $1,074,792

12 Beds
12 Baths
4,758 Sq Ft
$198/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $699,000 $147 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,091/month

10 Days on Market

Highlights

  • Seasonal View
  • 6 Car Detached Garage
  • Property is near a bus stop
  • Private Lot
  • Cul-De-Sac
  • Lap Siding

About This Home

As of April 2017

Great investment opportunity to own a quality 4 unit complex in Gresham. Rents have been below market for the last couple years. Large commons and parking area. Great location, close to shopping, dining, schools and Public transportation. Private cul de sac and Separate Private Storage Units. Excellent tenants. Well maintained and landscaped Common area. Private patio with Grass fenced yards.

Last Listed By

Gordon Vavrek

Premiere Property Group, LLC License #201211002 Listed on: 03/08/2017

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,236

Year Built

  • Built in 1994

Lot Details

  • Cul-De-Sac
  • Private Lot
  • Level Lot

Parking

  • 6 Car Detached Garage

Property Views

  • Seasonal
  • Territorial

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof
  • Lap Siding

Interior Spaces

  • 4,758 Sq Ft Home
  • 2-Story Property
  • Crawl Space
  • Security Lights

Location

  • Property is near a bus stop

Schools

  • North Gresham Elementary School
  • Gresham High School

Utilities

  • No Cooling
  • Wall Furnace

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R172701

Community Details

Overview

  • 4 Units
  • Green Apple Terrace Subdivision

Amenities

  • Common Area

Building Details

  • Operating Expense $15,989
  • Gross Income $52,174
  • Net Operating Income $36,185

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,236

Year Built

Built in 1994

Lot Details

0

Parking

6

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1994
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Storage: IndividualStorageUnits,Locked
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: Brick,LapSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Cul_de_sac, Level, OnBusline, Private
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal,Territorial

Garage/Parking

  • Parking Description: Detached, Paved
  • Attached Garage: No
  • Garage Spaces: 6.0
  • Total Parking Spaces: 6.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity,Tank
  • Security: SecurityLights
  • Cooling: None
  • Cooling Y N: No
  • Heating: WallFurnace
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons

Schools

  • Elementary School: North Gresham
  • High School: Gresham

Lot Info

  • Zoning: C2-4
  • Parcel #: R172701

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 7235.54

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 13.4
  • Annual Gross Income: 52174.0
  • Property Net Operating Income: 36185.0
  • Annual Operating Expense: 15989.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Apr 19, 2017
Sold by
Eisenzimmer Deborah M
Bought by
Wilson Jeremiah
Seller's Agent
Gordon Vavrek
Premiere Property Group, LLC
Buyer's Agent
Beth Perez
Keller Williams Sunset Corridor
List Price
$699,000
Sold Price
$699,000
Total Days on Market
10
Current Estimated Value
$943,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,448
Original Mortgage
$675,670
Outstanding Balance
$577,894
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 31, 1995
Sold by
Hughes Ron
Bought by
Ruby Harold E and Ruby Kay E

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
Wilson Jeremiah $699,000 First American
Ruby Harold E $360,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Jeremiah $675,670
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $699,000 0.0% $147 / Sq Ft
03/18/2017 03/18/17 Pending -- -- --
03/08/2017 03/08/17 For Sale $699,000 -- $147 / 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 $10,332 $548,780 $0 $0
2022 $10,043 $532,800 $0 $0
2021 $9,790 $517,290 $0 $0
2020 $9,212 $502,230 $0 $0
2019 $8,971 $487,610 $0 $0
2018 $8,553 $473,410 $0 $0
2017 $8,206 $459,630 $0 $0
2016 $7,236 $446,250 $0 $0
2015 $7,079 $433,260 $0 $0
2014 $6,907 $420,650 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Gordon Vavrek

    Seller's Agent in 2017

    Gordon Vavrek

    Premiere Property Group, LLC

    (503) 804-1246

    75 Total Sales

    Gordon Vavrek
    Section Image

  • B

    Buyer's Agent in 2017

    Beth Perez

    Keller Williams Sunset Corridor

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17148259

Regional Multiple Listing Service (RMLS)

APN: R172701

Oregon Multnomah County Gresham 97030 North Central

21621 SE Alder St Unit 21627, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 21621 SE Alder St Unit 21627, Gresham, OR 97030 since 08 March 2017 and is currently estimated at $943,448, approximately $198 per square foot. This property was built in 1994. 21621 SE Alder St Unit 21627 is a home located in Multnomah County with nearby schools including North Gresham Elementary School, Clear Creek Middle School, and Gresham High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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