NOT LISTED FOR SALE

Estimated Value: $488,902 - $570,000

4 Beds
2 Baths
1,520 Sq Ft
$343/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $90,000 $59 Per Sq Ft

Est. 480% increase in value since last sale

Current estimated payment $3,274/month

642 Days on Market

Highlights

  • Landscaped with Trees
  • Garage
  • Wood Siding
  • Baseboard Heating
  • Level Lot
  • 1-Story Property

About This Home

As of April 2012

Cosmetic Fixer!Duplex on very large lot"homey" great for owner occupied units.Nice courtyard type setting and private yards.Washer/dryer hook-ups.Great location for public transportation."Seller is a Licensed Real Estate Agent in Oregon"SUBECT TO INTERIOR INSPECTION.

Last Agent to Sell the Property

Marie Covert

MORE Realty License #200406063 Listed on: 04/26/2010

Last Buyer's Agent

Lizbeth Hale

Tree City Real Estate License #931000192

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Garage
  • Open Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R270101

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,053
  • Gross Income $16,800
  • Net Operating Income $11,747

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1975
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: Level, Trees
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No

Utilities

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

Schools

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

Lot Info

  • Zoning: LDR
  • Parcel #: R270101

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 7.08
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 11747.0
  • Annual Operating Expense: 5053.0

Tax Info

  • Tax Annual Amount: 2452.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
Jesus Gomez
Bought by
Alvarez Mauricio
Current Estimated Value
$521,726

Purchase Details

Closed on
Nov 15, 2013
Sold by
Alvarez Mauricio
Bought by
Alvarez Properties Llc

Purchase Details

Listed on
Apr 26, 2010
Closed on
Apr 3, 2012
Sold by
Gomez Jesus
Bought by
Alvarez Mauricio
Seller's Agent
Marie Covert
MORE Realty
Buyer's Agent
Lizbeth Hale
Tree City Real Estate
List Price
$185,000
Sold Price
$90,000
Premium/Discount to List
-$95,000
-51.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.21%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Schifferling Reginald
Bought by
Gomez Jesus and Garcia Donaciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 2, 2004
Sold by
Armstrong Nicholas E
Bought by
Schifferling Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,000
Interest Rate
6.27%
Mortgage Type
Unknown
Source: Public Records

Similar Homes in the area

  • 607 NE 3rd St Unit 611, Gresham, OR 97030

    $650,000

    • 6 Beds
    • 3 Baths
    • 607 NE 3rd St
    • Unit 611
    • Gresham, OR

    Amazing Triplex Opportunity – Ideal for Owner-Occupant or Investor! Don’t miss this rare chance to own a well-maintained triplex offering investment potential or a comfortable personal living space! Each unit is identical, featuring two bedrooms and one bathroom. Fall in love with the thoughtful floorplan featuring spacious living and dining rooms, updated kitchens and a cozy fireplace to relax

    Tamiko Warren Real Broker

    Section Image
  • 21 NE 5th St, Gresham, OR 97030

    $395,000

    • 3 Beds
    • 2 Baths
    • 1,634 Sq Ft
    • 21 NE 5th St
    • Gresham, OR

    Income-producing duplex in thriving downtown Gresham--fantastic location just off Main Street's shops & restaurants. Centrally situated with access to services and transportation makes this easy to rent. Well-maintained property with newer paint, floors and appliances. Property is professionally managed--possible owner-occupied with rental unit. DCC zoning offers commercial possibilities. Keep

    Timothy Manickam Fathom Realty Oregon, LLC

    Section Image
  • 171 NE Olvera Ct Unit 173, Gresham, OR 97030

    $559,000

    • 4 Beds
    • 2 Baths
    • 2,136 Sq Ft
    • 171 NE Olvera Ct
    • Unit 173
    • Gresham, OR

    Don’t miss this turnkey side-by-side duplex on a quiet cul-de-sac near Mt. Hood Community College and Mt. Hood Kaiser Medical Center. Each one-level unit offers 1,068 square feet of comfortable living, featuring large bedrooms, in-unit laundry rooms, and convenient tuck-under garages. Both units include full kitchens with dishwashers, generous living areas, and access to a large backyard—perfect

    Amanda Folkestad Realty Portland

    Section Image
  • 1825 NE Roberts Ave, Gresham, OR 97030

    $650,000

    • 6 Beds
    • 3 Baths
    • 2,400 Sq Ft
    • 1825 NE Roberts Ave
    • Gresham, OR

    Unicorn in the heart of Gresham! Rare triplex with 3, 2-bedroom, 1-bathroom units (800 sq ft each) conveniently located near shopping, dining, and public transit. This well-maintained property features a recently remodeled units, complete with luxury vinyl plank flooring. All units are fully leased. Please do not disturb tenants. This well-maintained property offers a unique investment

    Amanda Folkestad Realty Portland

    Section Image
  • 2313 SE 178th Ave, Portland, OR 97233

    $485,000

    • 5 Beds
    • 2 Baths
    • 1,842 Sq Ft
    • 2313 SE 178th Ave
    • Portland, OR

    Great income producing duplex or live in one unit while offsetting your mortgage with income. Conveniently located in a charming, established SE Portland neighborhood! The main level is 1032sqft with three bedrooms and one bathroom, beautifully refinished hardwood floors and a new slider that opens to a covered patio. The kitchen is fully equipped and opens to a spacious dining area with built-in

    John McKay Premiere Property Group, LLC

    Section Image

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
Alvarez Mauricio $90,000 None Listed On Document
Alvarez Properties Llc -- None Available
Alvarez Mauricio $90,000 Stewart Title
Gomez Jesus $181,500 Lawyers Title Ins
Schifferling Reginald $160,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Jesus $145,200
Previous Owner Schirferling Reginald $24,000
Previous Owner Schifferling Reginald $135,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $90,000 -51.4% $59 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
04/26/2010 04/26/10 For Sale $185,000 -- $122 / 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
2023 $4,402 $233,820 $0 $0
2022 $4,279 $227,010 $0 $0
2021 $4,171 $220,400 $0 $0
2020 $3,925 $213,990 $0 $0
2019 $3,822 $207,760 $0 $0
2018 $3,644 $201,710 $0 $0
2017 $3,497 $195,840 $0 $0
2016 $3,083 $190,140 $0 $0
2015 $3,016 $184,610 $0 $0
2014 $2,943 $179,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10035386

Regional Multiple Listing Service (RMLS)

APN: R270101