NOT LISTED FOR SALE

2340 SE 7th St Unit 2342 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $465,000 - $558,000

5 Beds
3 Baths
1,896 Sq Ft
$264/Sq Ft Est. Value

Last Sold March 12, 2014

Last sale price $200,000 $105 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $3,059/month

186 Days on Market

Highlights

  • Fireplace
  • Parking Storage or Cabinetry
  • Wood Siding
  • Attached Garage
  • Level Lot
  • 1-Story Property

About This Home

As of March 2014

Great duplex in a nice location that is close to amenities. 3 bedroom has a master bath and fireplace. Private fenced backyards. Very well maintained.

Last Agent to Sell the Property

Michael Strand

Better Homes & Gardens Realty License #200601321 Listed on: 06/27/2013

Last Buyer's Agent

D.C. Arnell

Windermere CRG Bingen License #36141

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,065

Year Built

  • Built in 1979

Lot Details

  • 8,015

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,065

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1896
  • Stories: 1
  • Year Built: 1979
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: FLEMING TERRACE, BLOCK 2, LOT 11
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Fireplace, Range, Refrigerator

Lot Info

  • Lot Description: Level
  • Zoning: ldr

Tax Info

  • Tax Amount: 2589.18
  • Assessor Parcel Number: R164224

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.35

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2013
Closed on
Feb 13, 2014
Sold by
Drake Peter D
Bought by
Arnell Kelly Douglas
Seller's Agent
Michael Strand
Better Homes & Gardens Realty
Buyer's Agent
D.C. Arnell
Windermere CRG Bingen
List Price
$239,000
Sold Price
$200,000
Premium/Discount to List
-$39,000
-16.32%
Current Estimated Value
$500,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,405
Avg. Annual Appreciation
8.20%
Original Mortgage
$196,377
Outstanding Balance
$147,683
Interest Rate
4.29%
Mortgage Type
FHA
Estimated Equity
$352,722

Purchase Details

Closed on
Apr 25, 2007
Sold by
George Michael E
Bought by
Drake Peter D and Drake Renita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Gee Daniel Steding
Bought by
George Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 6, 1995
Sold by
Gee Daniel S
Bought by
Gee Daniel Steding and Gee Rosalie Anne
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Arnell Kelly Douglas $200,000 Fidelity Natl Title Co Of Or
Drake Peter D $255,000 Stewart
George Michael E $167,500 Fidelity Natl Title Co Of Or
Gee Daniel Steding -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnell Kelly Douglas $196,377
Previous Owner Drake Peter D $191,250
Previous Owner George Michael E $134,000
Closed George Michael E $33,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2014 03/12/14 Sold $200,000 -16.3% $105 / Sq Ft
12/30/2013 12/30/13 Pending -- -- --
06/27/2013 06/27/13 For Sale $239,000 -- $126 / 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 $5,065 $248,920 -- --
2024 $4,849 $241,670 -- --
2023 $4,849 $234,640 $0 $0
2022 $4,294 $227,810 $0 $0
2021 $4,186 $221,180 $0 $0
2020 $3,939 $214,740 $0 $0
2019 $3,836 $208,490 $0 $0
2018 $3,657 $202,420 $0 $0
2017 $3,509 $196,530 $0 $0
2016 $3,094 $190,810 $0 $0
2015 $3,027 $185,260 $0 $0
2014 $2,932 $179,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michael Strand

    Better Homes & Gardens Realty

  • D

    Buyer's Agent in 2014

    D.C. Arnell

    Windermere CRG Bingen

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13607873

Regional Multiple Listing Service (RMLS)

APN: R164224

Oregon Multnomah County Gresham 97080 Mount Hood

2340 SE 7th St Unit 2342, Gresham, OR

Not Listed for Sale

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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

Nearby Homes