NOT LISTED FOR SALE

225 SE 2nd St Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $437,000 - $466,000

3 Beds
2 Baths
1,542 Sq Ft
$293/Sq Ft Est. Value

Last Sold February 21, 2025

Last sale price $459,000 $298 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,730/month

24 Days on Market

Highlights

  • Wood Flooring
  • Private Yard
  • Cottage
  • High Ceiling
  • No HOA
  • 5-minute walk to Gresham Splash Pad Park

About This Home

As of February 2025

Bring your ideas and toolkit! This 1929 home has good bones and some updates, original style & charm, 3 bedrooms, primary on the main and 2 full baths with period style tile work, built in buffet in formal dining room, fireplace and inviting front porch plus location, location makes this a great home to work on with a great yard & lots of potential, a complete new roof will be installed for the buyer prior to closing, 1 car detached garage, charming patio and sunroom with lots of potential. Minutes to Historic Downtown Gresham, Restaurants, shopping and one of the Best Farmers Markets come Spring & Summer locally!

Last Agent to Sell the Property

Bill Bailey

RE/MAX Advantage Group License #931000256 Listed on: 12/27/2024

RE/MAX Advantage Group

Last Buyer's Agent

Adam Shepard

John L. Scott Portland Central License #200910003

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,026

Year Built

  • Built in 1929

Lot Details

  • 6,534 Sq Ft Lot
  • Fenced
  • Level Lot
  • Private Yard

Parking

  • 1 Car Detached Garage
  • Driveway

Home Design

  • Cottage
  • Bungalow
  • Block Foundation
  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entryway
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Storm Doors

Kitchen

  • Free-Standing Range
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Sun Deck
  • Patio
  • Shed
  • Porch

Schools

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

Utilities

  • No Cooling
  • 90% Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number R287159

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,026

Year Built

Built in 1929

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Warranty: HomeWarranty
  • Year Built: 1929
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow, Cottage
  • New Construction: No
  • Property Attached Yn: No
  • Current Price For Status: 459000.0
  • Open House: No
  • Room 11 Features: Pantry
  • Room 12 Features: Fireplace
  • Room 13 Features: Bathroom
  • Room 9 Features: BuiltinFeatures
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, Granite, HardwoodFloors, HighCeilings, TileFloor, WalltoWallCarpet
  • Room 4 Description: Entry
  • Room 4 Level: Main
  • Room 5 Description: SunPorch
  • Room 5 Features: HardwoodFloors
  • Room 5 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange, Pantry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 1
  • BathroomsFullUpperLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 1.0
  • Lot Size Range: SqFt5000to6999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: HardConcreteStucco
  • Exterior Features: Fenced, Patio, Porch, StormDoor, ToolShed, Yard
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: Block, Other
  • View: No
  • Lot Features: GentleSloping, Level
  • Disclosures: Exempt
  • Home Warranty: Yes
  • Roof: Composition

Garage/Parking

  • Garage Type: Detached
  • Parking Description: Driveway
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Other
  • Cooling Y N: No
  • Heating: ForcedAir90
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Land Lease: No
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6534.0
  • Parcel #: R287159

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2024
  • Tax Annual Amount: 4026.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2024
Closed on
Feb 19, 2025
Sold by
Bradfield Stephen E
Bought by
Olson Justine Elizabeth
Seller's Agent
Bill Bailey
RE/MAX Advantage Group
Buyer's Agent
Adam Shepard
John L. Scott Portland Central
List Price
$459,000
Sold Price
$459,000
Views
50
Current Estimated Value
$452,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,771
Avg. Annual Appreciation
-1.86%
Original Mortgage
$427,000
Outstanding Balance
$424,103
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$28,126
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Justine Elizabeth $459,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Justine Elizabeth $427,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2025 02/21/25 Sold $459,000 0.0% $298 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
12/27/2024 12/27/24 For Sale $459,000 -- $298 / 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 $4,206 $206,690 -- --
2024 $4,026 $200,670 -- --
2023 $4,026 $194,830 $0 $0
2022 $3,566 $189,160 $0 $0
2021 $3,476 $183,660 $0 $0
2020 $3,271 $178,320 $0 $0
2019 $3,185 $173,130 $0 $0
2018 $3,037 $168,090 $0 $0
2017 $2,914 $163,200 $0 $0
2016 $2,569 $158,450 $0 $0
2015 $2,514 $153,840 $0 $0
2014 $2,452 $149,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Bailey

    Seller's Agent in 2025

    Bill Bailey

    RE/MAX

    (503) 348-6380

    3 in this area

    172 Total Sales

    Bill Bailey
    Section Image
  • Adam Shepard

    Buyer's Agent in 2025

    Adam Shepard

    John L. Scott Portland Central

    (971) 533-9444

    1 in this area

    88 Total Sales

    Adam Shepard
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24450263

Regional Multiple Listing Service (RMLS)

APN: R287159

Oregon Multnomah County Gresham 97080 Historic Southeast

225 SE 2nd St, Gresham, OR

Not Listed for Sale

Detached

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