NOT LISTED FOR SALE

2405 SE 9th Ct Unit 2407 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $462,114 - $523,000

2 Beds
1 Bath
2,052 Sq Ft
$243/Sq Ft Est. Value

Last Sold February 09, 2016

Last sale price $219,850 $107 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $3,042/month

263 Days on Market

Highlights

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

About This Home

As of February 2016

SHORT SALE Units have laundry rooms, 2 bedrooms, 1 bath, attached garages and fireplaces in each side.. Located in quiet area on corner. Great investment opportunity. Bank is waiting for an offer. Lockbox on 2405 doorknob.

Last Agent to Sell the Property

Marcia Nolting

RE/MAX Advantage Group License #941200191 Listed on: 02/20/2015

RE/MAX Advantage Group

Co-Listed By

Jean Pritchard

Jean Pritchard Real Estate License #910200078

Last Buyer's Agent

Aaron Rian

The Brokerage House License #109466

The Brokerage House

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,915

Year Built

  • Built in 1978

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Range
  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,915

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2052
  • Stories: 1
  • Year Built: 1978
  • Year Built Description: Approximately
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: FLEMING TERRACE, BLOCK 3, LOT 18
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Fireplace, Range, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: East Gresham
  • High School: Gresham

Lot Info

  • Lot Description: Corner, Level
  • Zoning: res

Tax Info

  • Tax Amount: 2957.40
  • Assessor Parcel Number: R164245

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.21

MLS Schools

  • Elementary School: East Gresham
  • High School: Gresham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 27, 2025
Sold by
Mayes Gregory W
Bought by
Bassett Properties Llc
Current Estimated Value
$498,529

Purchase Details

Listed on
Feb 20, 2015
Closed on
Feb 4, 2016
Sold by
Walden Larry
Bought by
Mayes Gregory W
Seller's Agent
Marcia Nolting
RE/MAX Advantage Group
Buyer's Agent
Aaron Rian
The Brokerage House
List Price
$229,000
Sold Price
$219,850
Premium/Discount to List
-$9,150
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.88%
Original Mortgage
$153,895
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Murphy Daniel E
Bought by
Walden Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,200
Interest Rate
5.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 29, 1999
Sold by
Garcia Gregory A
Bought by
Murphy Daniel E and Murphy David S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,839
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

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
Bassett Properties Llc -- None Listed On Document
Mayes Gregory W $219,850 Lawyers Title
Walden Larry $206,000 Chicago Title Insurance Comp
Murphy Daniel E $142,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayes Gregory W $153,895
Previous Owner Walden Larry $164,800
Previous Owner Murphy Daniel E $140,839
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2016 02/09/16 Sold $219,850 -4.0% $107 / Sq Ft
11/10/2015 11/10/15 Pending -- -- --
02/20/2015 02/20/15 For Sale $229,000 -- $112 / 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
2024 $4,915 $244,980 -- --
2023 $4,915 $237,850 $0 $0
2022 $4,353 $230,930 $0 $0
2021 $4,244 $224,210 $0 $0
2020 $3,993 $217,680 $0 $0
2019 $3,888 $211,340 $0 $0
2018 $3,707 $205,190 $0 $0
2017 $3,557 $199,220 $0 $0
2016 $3,136 $193,420 $0 $0
2015 $3,068 $187,790 $0 $0
2014 $2,957 $182,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller Co-Listing Agent in 2016

    Jean Pritchard

    Jean Pritchard Real Estate

    Section Image

  • A

    Buyer's Agent in 2016

    Aaron Rian

    The Brokerage House

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15555055

Regional Multiple Listing Service (RMLS)

APN: R164245

Oregon Multnomah County Gresham 97080 Mount Hood

2405 SE 9th Ct Unit 2407, Gresham, OR

This home is located at 2405 SE 9th Ct Unit 2407, Gresham, OR 97080 since 20 February 2015 and is currently estimated at $498,529, approximately $242 per square foot. This property was built in 1978. 2405 SE 9th Ct Unit 2407 is a home located in Multnomah County with nearby schools including Hogan Cedars Elementary School, Dexter McCarty Middle School, and Gresham High School.

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