NOT LISTED FOR SALE

Estimated Value: $463,000 - $518,000

3 Beds
2 Baths
1,601 Sq Ft
$303/Sq Ft Est. Value

About This Home

This home is located at 2505 SW Orchard Ct, Gresham, OR 97080 and is currently estimated at $484,746, approximately $302 per square foot. 2505 SW Orchard Ct is a home located in Multnomah County with nearby schools including Dexter McCarty Middle School, Gresham High School, and Portland Adventist Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2014
Sold by
Olson S Michael
Bought by
Sipe Donald M and Sipe Shirley M
Current Estimated Value
$484,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,816
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 24, 2009
Sold by
Wittemyer George
Bought by
Olson S Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2009
Sold by
Wittemyer George
Bought by
Wittemyer George and Riddell John

Purchase Details

Closed on
May 14, 2009
Sold by
Olson S Michael
Bought by
Wittemyer George

Purchase Details

Closed on
Aug 25, 2003
Sold by
Olson Steven M
Bought by
Olson S Michael and Olson Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2000
Sold by
Jones James R
Bought by
Olson Steven M and Olson Annette L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1997
Sold by
Wallace Kristi D
Bought by
Jones James R and Jones Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,350
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

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.

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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.

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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.

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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.

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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
Sipe Donald M $231,000 First American
Olson S Michael -- First American
Wittemyer George $226,500 None Available
Wittemyer George $226,500 Stewart Title
Olson S Michael -- Multiple
Olson Steven M $165,000 First American Title Co
Jones James R $155,950 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sipe Donald M $276,760
Closed Sipe Donald M $50,000
Closed Sipe Donald M $226,816
Previous Owner Olson S Michael $98,494
Previous Owner Olson S Michael $138,000
Previous Owner Jones James Rodney $48,000
Previous Owner Olson Michael $20,000
Previous Owner Olson S Michael $145,000
Previous Owner Olson Steven M $100,000
Previous Owner Jones James R $140,350
Source: Public Records

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 $4,967 $263,840 $0 $0
2022 $4,829 $256,160 $0 $0
2021 $4,707 $248,700 $0 $0
2020 $4,429 $241,460 $0 $0
2019 $4,313 $234,430 $0 $0
2018 $4,112 $227,610 $0 $0
2017 $3,946 $220,990 $0 $0
2016 $3,479 $214,560 $0 $0
2015 $3,352 $208,320 $0 $0
2014 $3,271 $202,260 $0 $0
Source: Public Records

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