NOT LISTED FOR SALE

251 SE Kelly Ave Unit 253 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $484,311 - $554,000

4 Beds
4 Baths
2,056 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

Last sale price $440,000 $214 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,259 / mo

42 Days on Market

About This Home

As of July 2021

Great investment opportunity. Live in one unit and rent the other. Convenient location to Downtown Gresham, city park, shopping, restaurants, and transportation. Newer roof in 2019, Fresh interior paint in 2020. Both units include all kitchen applicants with new range-hoods, washer/dryer hood-up. Private backyard and deck.

Last Agent to Sell the Property

Hong Qiu Li

HomeSmart Realty Group License #200711115 Listed on: 04/28/2021

Last Buyer's Agent

Grant Pautz

Premiere Property Group, LLC License #201224460

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,795

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Concrete Perimeter Foundation

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Washer and Dryer Hookup
  • Natural lighting in basement
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

6,795 Sq Ft Lot

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2056
  • Year Built: 1972
  • Property Condition: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: THOMPSONS ADD, BLOCK 6, LOT 4, LOT 5 EXC S 32'
  • Basement: Daylight, Finished

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • Road Surface: Concrete, Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Zoning: multi

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3676.25
  • Assessor Parcel Number: R287178
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jul 26, 2021
Sold by
Qiu Li Hong and Cau Tat Cau
Bought by
Seller's Agent
Hong Qiu Li
HomeSmart Realty Group
Buyer's Agent
Grant Pautz
Premiere Property Group, LLC
List Price
$439,900
Sold Price
$440,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$515,578

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,578
Avg. Annual Appreciation
3.15%
Original Mortgage
$330,000
Outstanding Balance
$293,836
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$221,742

Purchase Details

Closed on
Oct 11, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Li Hong Qiu and Tat Cau

Purchase Details

Closed on
Sep 18, 2009
Sold by
Williams Nikolas E
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Aug 17, 2006
Sold by
Dewolfe Richard
Bought by
Williams Nikolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2006
Sold by
Dewolfe Richard John
Bought by
Williams Nikolas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,500
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Historic Southeast, OR

  • Bill Bailey Real Estate Agent - RE/MAX Advantage Group

    Bill Bailey

    RE/MAX Advantage Group

    (503) 546-1532

    157 Total Sales

    2 in Historic Southeast

    $350K - $459K Price Range

    Bill Bailey
     Section Image
  • Robert Lucas Real Estate Agent - Real Broker

    Robert Lucas

    Real Broker

    (503) 445-3087

    41 Total Sales

    1 in Historic Southeast

    $429,000 Price

    Robert Lucas
     Section Image
  • Molly LeBlanc Real Estate Agent - KELLER WILLIAMS PORTLAND CENTRAL

    Molly LeBlanc

    KELLER WILLIAMS PORTLAND CENTRAL

    (971) 407-1413

    157 Total Sales

    1 in Historic Southeast

    $770,000 Price

    Molly LeBlanc
     Section Image
  • Brooklyn Morgan Real Estate Agent - MORE Realty

    Brooklyn Morgan

    MORE Realty

    (503) 506-6839

    114 Total Sales

    1 in Historic Southeast

    $555,500 Price

    Brooklyn Morgan
     Section Image
  • Michael Perkins Real Estate Agent - Real Broker

    Michael Perkins

    Real Broker

    (833) 412-1959

    41 Total Sales

    1 in Historic Southeast

    $465,000 Price

    Michael Perkins
     Section Image
  • Nick Shivers Real Estate Agent - eXp Realty, LLC

    Nick Shivers

    eXp Realty, LLC

    (971) 232-4415

    1,263 Total Sales

    4 in Historic Southeast

    $360K - $530K Price Range

    Nick Shivers
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 First American
Li Hong Qiu $118,000 Fatco
Hsbc Bank Usa National Association $165,750 Fatco
Williams Nikolas $175,000 Fidelity National Title Co
Williams Nikolas E $175,000 Fidelity Natl Title Co Of Or
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $330,000
Previous Owner Williams Nikolas E $188,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $440,000 0.0% $214 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $439,900 0.0% $214 / Sq Ft
05/27/2021 05/27/21 Off Market $440,000 -- --
05/19/2021 05/19/21 For Sale $439,900 0.0% $214 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $439,900 -- $214 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,977 $244,550
2024 $4,764 $237,430
2023 $4,340 $230,520 $0 $0
2022 $4,219 $223,810 $0 $0
2021 $3,907 $206,440 $0 $0
2020 $3,676 $200,430 $0 $0
2019 $3,580 $194,600 $0 $0
2018 $3,414 $188,940 $0 $0
2017 $3,275 $183,440 $0 $0
2016 $2,888 $178,100 $0 $0
2015 $2,825 $172,920 $0 $0
2014 $2,569 $160,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • HL

    Seller's Agent in 2021

    Hong Qiu Li

    HomeSmart Realty Group

  • GP

    Buyer's Agent in 2021

    Grant Pautz

    Premiere Property Group, LLC

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21466300

Regional Multiple Listing Service (RMLS)

APN: R287178

Oregon Multnomah County Gresham 97080 Historic Southeast

251 SE Kelly Ave Unit 253, Gresham, OR

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 © 2026 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.

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