NOT LISTED FOR SALE

2430 SE 9th Ct Unit 2432 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $418,000 - $538,000

5 Beds
3 Baths
1,940 Sq Ft
$252/Sq Ft Est. Value

Last Sold November 16, 2023

Last sale price $410,000 $211 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,018/month

96 Days on Market

Highlights

  • 4 Car Attached Garage
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of November 2023

Investment opportunity. Huge upside potential. Reach out to your agent for more info. Some interior photos to come. 4 other duplex opportunities available, see RMLS#: : 23347481 & 23363285

Last Agent to Sell the Property

Michael Green

Coldwell Banker Bain License #201211656 Listed on: 07/20/2023

Coldwell Banker Bain

Co-Listed By

Lauren Plant

Stellar Realty Northwest License #201245829

Last Buyer's Agent

Adorian Tudose

Mal & Seitz License #201207404

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,495

Year Built

  • Built in 1977

Lot Details

  • 8,407

Parking

  • 4 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,940 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Hogan Cedars Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R164256

Community Details

Overview

  • 2 Units
  • Hogan Cedar Subdivision

Building Details

  • Operating Expense $8,782
  • Gross Income $24,600
  • Net Operating Income $20,313

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,495

Year Built

Built in 1977

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Cedar
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Concrete, Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

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

Schools

  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: MDR-12
  • Parcel #: R164256

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 4495.18

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.29
  • Annual Gross Income: 24600.0
  • Property Net Operating Income: 20313.0
  • Annual Operating Expense: 8782.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Nov 1, 2023
Sold by
Mckay Ron N
Bought by
Strugar Aron B
Seller's Agent
Michael Green
Coldwell Banker Bain
Buyer's Agent
Adorian Tudose
Mal & Seitz
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Views
63
Current Estimated Value
$488,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,710
Avg. Annual Appreciation
9.42%
Original Mortgage
$389,500
Outstanding Balance
$382,360
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$106,350
Source: Public Records

Range of Values:

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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
Strugar Aron B $410,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Strugar Aron B $389,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2023 11/16/23 Sold $410,000 -8.9% $211 / Sq Ft
10/25/2023 10/25/23 Pending -- -- --
10/13/2023 10/13/23 For Sale $450,000 0.0% $232 / Sq Ft
09/08/2023 09/08/23 Pending -- -- --
08/07/2023 08/07/23 Price Changed $450,000 -10.0% $232 / Sq Ft
07/20/2023 07/20/23 For Sale $500,000 -- $258 / 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 $5,302 $260,560 -- --
2024 $5,076 $252,980 -- --
2023 $4,624 $245,620 $0 $0
2022 $4,495 $238,470 $0 $0
2021 $4,382 $231,530 $0 $0
2020 $4,123 $224,790 $0 $0
2019 $4,015 $218,250 $0 $0
2018 $3,829 $211,900 $0 $0
2017 $3,673 $205,730 $0 $0
2016 $3,239 $199,740 $0 $0
2015 $3,169 $193,930 $0 $0
2014 $3,069 $188,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Green

    Seller's Agent in 2023

    Michael Green

    Coldwell Banker Bain

    (503) 545-5094

    1 in this area

    141 Total Sales

    Michael Green
    Section Image
  • Lauren Plant

    Seller Co-Listing Agent in 2023

    Lauren Plant

    Stellar Realty Northwest

    (541) 678-4470

    1 in this area

    18 Total Sales

    Lauren Plant
    Section Image

  • A

    Buyer's Agent in 2023

    Adorian Tudose

    Mal & Seitz

    (503) 960-0545

    8 in this area

    82 Total Sales

    Adorian Tudose
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23638165

Regional Multiple Listing Service (RMLS)

APN: R164256

Oregon Multnomah County Gresham 97080 Mount Hood

2430 SE 9th Ct Unit 2432, Gresham, OR

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