NOT LISTED FOR SALE

2411 SE 7th St Unit 2415 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $490,906 - $583,000

5 Beds
3 Baths
1,820 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $205,000 $113 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $3,223/month

197 Days on Market

Highlights

  • Fireplace
  • Landscaped with Trees
  • Garage
  • Views
  • Parking Storage or Cabinetry
  • Level Lot

About This Home

As of October 2015

Awesome investment property! Currently receiving $1800/mo in rent. Central location right off Hwy 26 and close to the park.

Last Agent to Sell the Property

Lynnette May

Knipe Realty ERA Powered License #201004105 Listed on: 02/19/2015

Last Buyer's Agent

Rebecca Frate

Knipe Realty Nw, Inc License #201209743

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,210

Year Built

  • Built in 1977

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Property Views

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,210

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1820
  • Stories: 1
  • Year Built: 1977
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FLEMING TERRACE, BLOCK 1, LOT 2
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: City, Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Description: Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Fireplace

Lot Info

  • Lot Description: Level, Trees
  • Zoning: MDR-12

Tax Info

  • Tax Amount: 3038.00
  • Assessor Parcel Number: R164209

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2017
Sold by
Reinisch Steve
Bought by
Reinisch Steven R and Steven R Reinisch Trust
Current Estimated Value
$529,227

Purchase Details

Listed on
Feb 19, 2015
Closed on
Sep 17, 2015
Sold by
Eiler Kenneth S
Bought by
Reinisch Steve
Seller's Agent
Lynnette May
Knipe Realty ERA Powered
Buyer's Agent
Rebecca Frate
Knipe Realty Nw, Inc
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%

Purchase Details

Closed on
May 23, 2007
Sold by
Warkentin Bradley R
Bought by
Swain Renae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 1997
Sold by
Jarmer Thomas S
Bought by
Warkentin Bradley R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage
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
Reinisch Steven R -- None Available
Reinisch Steve $215,000 Ticor Title
Swain Renae $255,000 Multiple
Warkentin Bradley R $132,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Swain Renae $204,000
Previous Owner Warkentin Bradley R $118,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2015 10/27/15 Sold $205,000 -4.7% $113 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
02/19/2015 02/19/15 For Sale $215,000 -- $118 / 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 $5,210 $256,040 -- --
2024 $4,988 $248,590 -- --
2023 $4,544 $241,350 $0 $0
2022 $4,417 $234,330 $0 $0
2021 $4,306 $227,510 $0 $0
2020 $4,052 $220,890 $0 $0
2019 $3,945 $214,460 $0 $0
2018 $3,762 $208,220 $0 $0
2017 $3,609 $202,160 $0 $0
2016 $3,183 $196,280 $0 $0
2015 $3,114 $190,570 $0 $0
2014 $3,038 $185,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Lynnette May

    Knipe Realty ERA Powered

    Section Image

  • R

    Buyer's Agent in 2015

    Rebecca Frate

    Knipe Realty Nw, Inc

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15066169

Regional Multiple Listing Service (RMLS)

APN: R164209

Oregon Multnomah County Gresham 97080 Mount Hood

2411 SE 7th St Unit 2415, Gresham, OR

Not Listed for Sale

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