NOT LISTED FOR SALE

245 SE Vista Ave Unit 247 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $474,847 - $541,000

4 Beds
2 Baths
1,520 Sq Ft
$334/Sq Ft Est. Value

Last Sold April 18, 2012

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

Est. 464% increase in value since last sale

Current estimated payment $3,081/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 Abbott

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
  • Current Price For Status: 90000.0
  • 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
$507,712

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 Abbott
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
13.45%

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
$135,150
Interest Rate
8.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Schifferling Reginald $135,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $5,048 $248,050 -- --
2024 $4,832 $240,830 -- --
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

  • M

    Seller's Agent in 2012

    Marie Covert

    MORE Realty

    (503) 353-6673

    11 Total Sales

    Marie Covert
    Section Image
  • Lizbeth Abbott

    Buyer's Agent in 2012

    Lizbeth Abbott

    Tree City Real Estate

    (503) 757-1869

    106 Total Sales

    Lizbeth Abbott
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10035386

Regional Multiple Listing Service (RMLS)

APN: R270101

Oregon Multnomah County Gresham 97080 Historic Southeast

245 SE Vista Ave Unit 247, Gresham, OR

Not Listed for Sale

MultiFamily

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