NOT LISTED FOR SALE

22035 SE Ankeny St Unit 22037 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $332,000 - $396,000

4 Beds
2 Baths
1,000 Sq Ft
$367/Sq Ft Est. Value

Last Sold October 07, 2020

Last sale price $190,000 $190 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,185/month

32 Days on Market

Highlights

  • Views
  • Garage
  • 1-Story Property
  • Landscaped with Trees
  • Level Lot

About This Home

As of October 2020

Investor's dream! Duplex with strong rental history, current long-term, and prompt tenants make this an immediate income producer and is priced to sell. Each side features living room, kitchen, 2 beds/ 1bath, laundry. Single car attached garage and plenty of parking. Large lot with decks and fenced backyard. Great location, close to I-84, MAX station, on bus-line.

Last Agent to Sell the Property

Rick Sadle

Keller Williams Realty Professionals License #200505274 Listed on: 03/12/2020

Keller Williams Realty Professionals

Co-Listed By

Eli Bishop

Keller Williams Realty Portland Premiere License #201224156

Last Buyer's Agent

Rich Stark

Rich Stark Realty License #200808119

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1942

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Fixer Upper
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Property Views

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Open Parking

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1000
  • Stories: 1
  • Year Built: 1942
  • Property Condition: Fixer
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PARTITION PLAT 2006-78, LOT 1
  • Basement: None

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Open, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range

Lot Info

  • Lot Description: Level, Trees
  • Zoning: LDR-5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 2336.72
  • Assessor Parcel Number: R584400
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.90

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Kelly Chalice M and Burnett Curtis K
Bought by
Two Cougars Llc
Current Estimated Value
$366,577

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$252,952
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$113,625

Purchase Details

Listed on
Mar 12, 2020
Closed on
Oct 1, 2020
Sold by
Palmer Jean and Palmer William
Bought by
Two Cougars Llc
Seller's Agent
Rick Sadle
Keller Williams Realty Professionals
Buyer's Agent
Rich Stark
Rich Stark Realty
List Price
$250,000
Sold Price
$190,000
Premium/Discount to List
-$60,000
-24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.36%

Purchase Details

Closed on
Nov 7, 2007
Sold by
Palmer Barbara Jean
Bought by
Palmer Jean and Palmer William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,300
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 7, 2006
Sold by
Johnsen Richard Lee and Johnsen Patricia Ann
Bought by
Millennium Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2006
Sold by
Johnsen Richard Lee
Bought by
Palmer Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
7.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Two Cougars Llc -- Fidelity National Title
Kelly Charice M -- Fidelity National Title
Two Cougars Llc $190,000 Chicagotitle
Palmer Jean -- Northwest Title & Escrow Cor
Millennium Homes Inc -- Fidelity Natl Title Co Of Or
Palmer Barbara Jean $183,600 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Charice M $280,000
Previous Owner Palmer Jean $185,300
Previous Owner Palmer Barbara Jean $128,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2020 10/07/20 Sold $190,000 -24.0% $190 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/12/2020 03/12/20 For Sale $250,000 -- $250 / 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 $3,236 $159,010 -- --
2024 $3,097 $154,380 -- --
2023 $2,822 $149,890 $0 $0
2022 $2,743 $145,530 $0 $0
2021 $2,674 $141,300 $0 $0
2020 $2,516 $137,190 $0 $0
2019 $2,451 $133,200 $0 $0
2018 $2,337 $129,330 $0 $0
2017 $2,242 $125,570 $0 $0
2016 $1,977 $121,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Sadle

    Seller's Agent in 2020

    Rick Sadle

    Keller Williams Realty Professionals

    (503) 828-9551

    2 in this area

    403 Total Sales

    Rick Sadle
    Section Image

  • E

    Seller Co-Listing Agent in 2020

    Eli Bishop

    Keller Williams Realty Portland Premiere

  • Rich Stark

    Buyer's Agent in 2020

    Rich Stark

    Rich Stark Realty

    (503) 577-2351

    5 in this area

    37 Total Sales

    Rich Stark
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20275790

Regional Multiple Listing Service (RMLS)

APN: R584400

Oregon Multnomah County Gresham 97030 North Central

22035 SE Ankeny St Unit 22037, Gresham, OR

Not Listed for Sale

MultiFamily

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