NOT LISTED FOR SALE

2531 SW Thomas Way Gresham, OR 97080

Southwest Gresham Neighborhood

Estimated Value: $563,000 - $705,000

4 Beds
3 Baths
2,350 Sq Ft
$263/Sq Ft Est. Value

Last Sold June 24, 2021

Last sale price $498,100 $212 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,760/month

1 Day on Market

Highlights

  • New Construction
  • 1 Fireplace
  • Double Pane Windows
  • Young Women's Leadership Academy Rated A-
  • Attached Garage
  • Accessibility Features

About This Home

As of June 2021

This will be a beautiful new home in Gresham! Currently under construction with a completion of around late spring - early summer. The Jade plan offers a 4 bdrm / 3 bath with a bonus room upstairs and 1 bedroom and bath down. The spacious kitchen will have granite along with stainless steel appliances. This open concept home will also offer a great room perfect for entertaining.

Last Agent to Sell the Property

Dave Meador

Richmond American Homes of Oregon License #201225334 Listed on: 01/24/2021

Last Buyer's Agent

Jenny Yu

Oregon First License #201209075

Oregon First

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,009

Parking

  • Attached Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Double Pane Windows
  • Smart Locks

Accessible Home Design

  • Accessibility Features

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Builder Warranty

Home Details

Home Type

Single Family

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: 2 Story, Craftsman
  • Sq Ft Calculated: 2350
  • Sq Ft Approximate Total: 2350
  • Accessibility: Yes
  • Stories: 2
  • Warranty: Builder Warranty
  • Year Built: 2021
  • Property Condition: New Construction
  • New Construction Supplement: Yes
  • New Construction Builders Required Addendums: Yes
  • New Construction Builders Warranty: Yes
  • New Construction C C B Type: Residential
  • New Construction Certificate Occupancy Obtained: No
  • Title Insurance Paid By: Seller
  • New Construction Early Release Earnest Money: No
  • New Construction Oregon C C B Notices Attached: No
  • New Construction Permit Number: BP20-00004109
  • New Construction Public Remarks: OR CCB Notices included in PSA.Early issue title insurance paid by Buyer for Cash transactions.
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Accessibility Features: Garage on Main
  • Additional Rooms: 4th Bedroom
  • Main Level Bathrooms: 1.0
  • Total Bathrooms: 3.0
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Interior Amenities: Garage Door Opener
  • Kitchen Appliances: Disposal, Gas Appliances, Island, Pantry, Plumbed For Ice Maker, Granite
  • Legal Description: Pleasant View Estates - Lot 2
  • Sq Ft Main Level: 1047
  • Upper Level Sq Ft: 1303
  • Bedrooms: 4
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Additional Room 1: Description: 4th Bedroom,On Level: Lower
  • Bathrooms Main Level Full: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Smart Lock(s)
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Foundation Details: Slab
  • Additional Structure Supplement: No
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Attached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Air Conditioning Ready
  • Heating Description: Forced Air - 90%
  • Internet Service Type: Wireless

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Assessor Parcel Number: Not Found

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

  • Elementary School: Pleasant Valley
  • High School: Centennial
  • Middle School: Centennial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2021
Closed on
Jun 18, 2021
Sold by
Lennar Northwest Inc
Bought by
Hoh Chul and Hwang Ok Sun
Seller's Agent
Dave Meador
Richmond American Homes of Oregon
Buyer's Agent
Jenny Yu
Oregon First
List Price
$494,100
Sold Price
$498,100
Premium/Discount to List
$4,000
0.81%
Current Estimated Value
$618,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,315
Avg. Annual Appreciation
4.97%
Original Mortgage
$345,000
Outstanding Balance
$311,673
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$306,742
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hoh Chul $498,100 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoh Chul $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/24/2021 06/24/21 Sold $498,100 +0.8% $212 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/24/2021 01/24/21 For Sale $494,100 -- $210 / 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 $6,081 $321,100 -- --
2024 $5,824 $311,750 -- --
2023 $5,244 $302,670 $0 $0
2022 $5,050 $293,860 $0 $0
2021 $1,432 $80,631 $0 $0
2020 $431 $25,590 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Dave Meador

    Richmond American Homes of Oregon

  • Jenny Yu

    Buyer's Agent in 2021

    Jenny Yu

    Oregon First

    (503) 841-0577

    1 in this area

    13 Total Sales

    Jenny Yu
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21140739

Regional Multiple Listing Service (RMLS)

APN: R705116

Oregon Multnomah County Gresham 97080 Southwest Gresham

2531 SW Thomas Way, Gresham, OR

Not Listed for Sale

Detached

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