NOT LISTED FOR SALE

2531 NW 3rd Terrace Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $440,000 - $499,000

4 Beds
4 Baths
2,974 Sq Ft
$159/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $450,000 $151 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,069/month

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • Attached Garage
  • Wood Flooring
  • Private Yard
  • Patio

About This Home

As of July 2022

Spacious 3 Level Townhome With 4 Bedrooms & 3.5 Baths + 2 bonus! Open Concept And Wood Floors Throughout Main. Huge Owner's Suite, Double Sinks & Walk-In closet. Lower Floor Offers Family Room, Second Office Or Separate Living. Bonus Room In Garage Ideal For Home Gym Or Storage. Fenced Backyard. Some Cosmetics Needed.

Last Agent to Sell the Property

Carey Hughes

Keller Williams Realty Professionals License #200105120 Listed on: 06/08/2022

Keller Williams Realty Professionals

Co-Listed By

Erika Banke

Keller Williams Sunset Corridor License #201234538

Last Buyer's Agent

Korrie Hicks

KOR Realty License #201224713

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,868

Year Built

  • Built in 2006

Lot Details

  • Fenced
  • Level Lot
  • Private Yard

HOA Fees

  • $157 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Lap Siding
  • Stone Siding

Interior Spaces

  • Walk-in Shower
  • 3-Story Property
  • Vaulted Ceiling
  • 1 Fireplace
  • Vinyl Clad Windows
  • Laundry Room

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Accessibility Features
  • Patio

Community Details

  • On-Site Maintenance
  • Common Area
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,868

Year Built

Built in 2006

Lot Details

0

HOA Fees

$157 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Attached
  • Style: Common Wall, Townhouse
  • Sq Ft Calculated: 2490
  • Sq Ft Approximate Total: 2974
  • Accessibility: Yes
  • Stories: 3
  • Year Built: 2006
  • Property Condition: Resale
  • Remarks Public: Spacious 3 Level Townhome With 4 Bedrooms & 3.5 Baths + 2 bonus! Open Concept And Wood Floors Throughout Main. Huge Owner's Suite, Double Sinks & Walk-In closet. Lower Floor Offers Family Room, Second Office Or Separate Living. Bonus Room In Garage Ideal For Home Gym Or Storage. Fenced Backyard. Some Cosmetics Needed.
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Accessibility Features: Walk-in Shower
  • Additional Room Features: Bathroom, Built-in Features, French Doors, Tile Floor, Washer/Dryer, Wood Floors, Closet
  • Additional Rooms: Bonus Room, Laundry, 4th Bedroom
  • All Room Features: Bathroom, Built-in Features, Eat Bar, Fireplace, French Doors, Gas Appliances, Great Room, Island, Suite, Tile Floor, Vaulted Ceiling(s), Walk-in Shower, Washer/Dryer, Wet Bar, Walk in Closet, Wall to Wall Carpet, High Ceilings, Free-Standing Range, Free-Standing Refrigerator, Wood Floors, Granite, Closet, Shower, Double Sinks
  • Lower Level Bathrooms: 1.0
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 3.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener, Laundry, Tile Floor, Vaulted Ceiling(s), Washer/Dryer, Wall to Wall Carpet, High Ceilings, Wood Floors, Granite
  • Kitchen Appliances: Microwave, Dishwasher, Disposal, Gas Appliances, Island, Pantry, Tile, Plumbed For Ice Maker, Free-Standing Refrigerator, Convection Oven, Granite, Free-Standing Gas Range
  • Legal Description: BECHTOLDT TOWNHOMES NO 2, LOT 170
  • Sq Ft Lower Level: 484
  • Sq Ft Main Level: 1245
  • Upper Level Sq Ft: 1245
  • Bedrooms: 4
  • Master Bedroom: Features: Suite, Vaulted Ceiling(s), Walk-in Shower, Walk in Closet, Wall to Wall Carpet, Double Sinks,On Level: Upper,Dimensions: 14x21
  • Bedroom 2: On Level: Upper,Dimensions: 13x14
  • Bedroom 3: On Level: Upper,Dimensions: 13x14
  • Full Bathrooms: 3
  • Partial Bathrooms: 1
  • Dining Room: Features: Wood Floors,On Level: Main,Dimensions: 12x17
  • Family Room: Features: Bathroom, Tile Floor, Wet Bar, Shower,On Level: Lower,Dimensions: 12x16
  • Living Room: Features: Built-in Features, Fireplace, Great Room, High Ceilings, Wood Floors,On Level: Main,Dimensions: 21x23
  • Kitchen: Features: Eat Bar, Gas Appliances, Island, Free-Standing Range, Free-Standing Refrigerator, Granite,On Level: Main,Dimensions: 12x17
  • Additional Room 1: Description: 4th Bedroom,Features: French Doors, Wood Floors, Closet,On Level: Main,Dimensions: 14x16
  • Additional Room 2: Description: Bonus Room,Features: Bathroom, Tile Floor,On Level: Lower,Dimensions: 10x12
  • Additional Room 3: Description: Laundry,Features: Built-in Features, Washer/Dryer,On Level: Upper,Dimensions: 6x8
  • Bathrooms Lower Level Full: 1
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 4
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Lap Siding, Stone
  • Exterior Features: Fenced, Patio, Yard
  • Lot Size: 3K-4,999SF
  • Lot Dimensions: 100X30 Ft.
  • Roof Type: Composition
  • Foundation Details: Slab
  • View: false
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway, On Street

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • HOA Fees: 157
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Other Payment Freq: One Time
  • Townhouse Remarks Public: HOA Includes Maintenance Of Common Areas And Landscaping of front yard.
  • Association Amenities: Commons, Management, Maintenance Grounds

Association/Amenities

  • Amenities Supplement: No

Schools

  • Elementary School: North Gresham
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Lot Description: Level
  • Acres: 0.07
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Multi Family

  • Other Fee: 225
  • Non Owner Occ Supplement: No

Tax Info

  • Tax Amount: 4202.06
  • Assessor Parcel Number: R494309
  • Tax Year: 2021

MLS Schools

  • Elementary School: North Gresham
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2022
Closed on
Jul 6, 2022
Sold by
Jonio Nina M
Bought by
Hill Justin and Kebede Samrawit M
Seller's Agent
Carey Hughes
Keller Williams Realty Professionals
Buyer's Agent
Korrie Hicks
KOR Realty
List Price
$448,000
Sold Price
$450,000
Premium/Discount to List
$2,000
0.45%
Current Estimated Value
$472,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,831
Avg. Annual Appreciation
1.74%
Original Mortgage
$420,000
Outstanding Balance
$400,631
Interest Rate
5.23%
Mortgage Type
Balloon
Estimated Equity
$75,126

Purchase Details

Closed on
Aug 25, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jonio Nina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
4.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2010
Sold by
Russell Daniel S
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Dec 8, 2005
Sold by
Gsl Properties Inc
Bought by
Russell Daniel S and Russell Joy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Hill Justin $450,000 First American Title
Jonio Nina M $198,000 Service Link
Federal Home Loan Mortgage Corp $205,000 Fatco
Russell Daniel S $275,000 Transnation Title Agency Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hill Justin $420,000
Previous Owner Jonio Nina M $158,400
Previous Owner Russell Daniel S $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $450,000 +0.4% $151 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/08/2022 06/08/22 For Sale $448,000 -- $151 / 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
2024 $4,868 $242,600 -- --
2023 $4,435 $235,540 $0 $0
2022 $4,311 $228,680 $0 $0
2021 $4,202 $222,020 $0 $0
2020 $3,954 $215,560 $0 $0
2019 $3,850 $209,290 $0 $0
2018 $3,671 $203,200 $0 $0
2017 $3,523 $197,290 $0 $0
2016 $3,106 $191,550 $0 $0
2015 $3,039 $185,980 $0 $0
2014 $2,965 $180,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carey Hughes

    Seller's Agent in 2022

    Carey Hughes

    Keller Williams Realty Professionals

    (503) 516-7919

    1 in this area

    343 Total Sales

    Carey Hughes
    Section Image

  • E

    Seller Co-Listing Agent in 2022

    Erika Banke

    Keller Williams Sunset Corridor

    Section Image
  • Korrie Hicks

    Buyer's Agent in 2022

    Korrie Hicks

    KOR Realty

    (503) 680-4371

    2 in this area

    129 Total Sales

    Korrie Hicks
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22662467

Regional Multiple Listing Service (RMLS)

APN: R494309

Oregon Multnomah County Gresham 97030 Northwest Gresham

2531 NW 3rd Terrace, Gresham, OR

This home is located at 2531 NW 3rd Terrace, Gresham, OR 97030 since 08 June 2022 and is currently estimated at $472,831, approximately $158 per square foot. This property was built in 2006. 2531 NW 3rd Terrace is a home located in Multnomah County with nearby schools including North Gresham Elementary School, Clear Creek Middle School, and Gresham High School.

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