$525,000
SOLD NOV 18, 2022

2490 SE 7th St Unit 2492 Gresham, OR 97080

Mount Hood Neighborhood
-- Bed
-- Bath
1,820 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

18 Days on Market

Highlights

  • Forced Air Heating System
  • Level Lot
  • 1-Story Property
  • Garage
  • Lap Siding

About This Home

As of November 2022

Great Duplex for an investor or owner occupant! Occupied unit is 3 bdrm 2 bath. Vacant/move in ready unit is 2 bdrm 1 bath. Fabulous large/fenced back yards. Fresh ext. remodel with new siding, paint, and gutters. Subject to Sellers 1031 exch. at no impact to Buyer. Please use Showingtime. 24hr notice to show occ unit or make offer subject to interior inspec. Show vacant unit at will. Investors: Duplex next door may be avail as well. Seller offers 10k to buyers ccs/interest buydown/prepaids.

Last Agent to Sell the Property

Debra Mills

Oregon First License #201103056

Oregon First

Last Buyer's Agent

Arthur Klassen

Keller Williams PDX Central License #201235233

Keller Williams PDX Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,145

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • Level Lot

Parking

  • Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,820 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
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number R164235

Community Details

Overview

  • 2 Units
  • Fleming Terrace Subdivision

Building Details

  • Gross Income $15,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,145

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: GentleSloping, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • 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 #: R164235

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4145.28

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 33.14
  • Annual Gross Income: 15840.0

Map

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

Property History

Date Event Price Change Sq Ft Price
04/23/2025 04/23/25 For Sale $699,000 +33.1% --
11/18/2022 11/18/22 Sold $525,000 0.0% $288 / Sq Ft
10/24/2022 10/24/22 Pending -- -- --
10/05/2022 10/05/22 For Sale $524,900 -- $288 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $4,802 $232,350 $0 $0
2022 $4,252 $225,590 $0 $0
2021 $4,145 $219,020 $0 $0
2020 $3,900 $212,650 $0 $0
2019 $3,798 $206,460 $0 $0
2018 $3,622 $200,450 $0 $0
2017 $3,475 $194,620 $0 $0
2016 $3,064 $188,960 $0 $0
2015 $2,998 $183,460 $0 $0
2014 $2,884 $178,120 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $515,490 FHA
Previous Owner $228,400 New Conventional
Previous Owner $224,000 New Conventional
Previous Owner $18,500 Credit Line Revolving
Previous Owner $143,500 Unknown
Previous Owner $156,000 Seller Take Back
Previous Owner $117,000 Purchase Money Mortgage
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $525,000 First American Title
Interfamily Deed Transfer -- Fidelity National Title
Warranty Deed $180,000 Lawyers Title Ins
Individual Deed $130,000 Oregon Title Insurance Co
Source: Public Records

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22542046

Regional Multiple Listing Service (RMLS)

APN: R164235

Oregon Multnomah County Gresham 97080 Mount Hood

2490 SE 7th St Unit 2492, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 2490 SE 7th St Unit 2492, Gresham, OR 97080 and is currently priced at $525,000, approximately $288 per square foot. This property was built in 1978. 2490 SE 7th St Unit 2492 is a home located in Multnomah County with nearby schools including Hogan Cedars Elementary School, Dexter McCarty Middle School, and Gresham High School.

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.

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