NOT LISTED FOR SALE

255 NW 20th St Unit 275 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $431,177 - $449,000

4 Beds
2 Baths
1,600 Sq Ft
$275/Sq Ft Est. Value

Last Sold December 16, 2019

Last sale price $303,000 $189 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,747/month

14 Days on Market

About This Home

As of December 2019

Excellent opportunity to own 2 spacious units on an oversized lot in the heart of Gresham. These units are in high rental demand with ample parking and their own private yards. This is a great opportunity to earn over a 6 CAP in an area that continues to improve.

Last Listed By

Sean Robbins

eXp Realty LLC License #201206043 Listed on: 10/16/2019

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,683

Year Built

  • Built in 1967

Lot Details

  • 8,494

Parking

  • Paved Parking

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,683

Year Built

Built in 1967

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1600
  • Stories: 1
  • Year Built: 1967
  • Property Condition: Approximately
  • Remarks Public: Excellent opportunity to own 2 spacious units on an oversized lot in the heart of Gresham. These units are in high rental demand with ample parking and their own private yards. This is a great opportunity to earn over a 6 CAP in an area that continues to improve.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ASPEN HIGHLANDS, BLOCK 2, LOT 1

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR-5

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3048.78
  • Assessor Parcel Number: R110165
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.46

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2019
Closed on
Nov 26, 2019
Sold by
Equity West Lth Pool I Llc
Bought by
Martin Elizabeth M
Seller's Agent
Sean Robbins
eXp Realty LLC
Buyer's Agent
Jessica Tindell
Tindell & Co
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Total Days on Market
14
Current Estimated Value
$440,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,044
Avg. Annual Appreciation
7.46%
Original Mortgage
$287,850
Outstanding Balance
$256,957
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$190,190

Purchase Details

Closed on
Dec 16, 2014
Sold by
Ewcp Lth Fund Llc
Bought by
Equity West Lth Pool I Llc

Purchase Details

Closed on
Sep 8, 2014
Sold by
Le Hai
Bought by
Ewcp Lth Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
4.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 25, 2003
Sold by
Hampton Lewis B
Bought by
Le Hai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 1998
Sold by
Tarlow Family Ltd Partnership
Bought by
Hampton Lewis B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,300
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 19, 1996
Sold by
Casterline Exchange Service
Bought by
Tarlow Family Ltd Partnership

Purchase Details

Closed on
Jul 18, 1996
Sold by
Root Holdings Llc
Bought by
Casterline Exchange Service

Purchase Details

Closed on
Aug 30, 1995
Sold by
Carlson Arthur D and Carlson Phyllis H
Bought by
Root Holdings Llc

Range of Values:

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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
Martin Elizabeth M $303,000 Wfg Title
Equity West Lth Pool I Llc -- None Available
Ewcp Lth Fund Llc $123,541 None Available
Le Hai $152,000 Multiple
Hampton Lewis B $143,350 First American Title Ins Co
Tarlow Family Ltd Partnership $1,615,000 Transnation Title Insurance
Casterline Exchange Service $1,615,000 Transnation Title Insurance
Root Holdings Llc $1,470,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Elizabeth M $287,850
Previous Owner Ewcp Lth Fund Llc $5,500,000
Previous Owner Ewcp Lth Fund Llc $5,500,000
Previous Owner Le Hai $98,800
Previous Owner Hampton Lewis B $100,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2019 12/16/19 Sold $303,000 +1.0% $189 / Sq Ft
10/30/2019 10/30/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $299,900 -- $187 / 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
2023 $3,683 $195,600 $0 $0
2022 $3,580 $189,910 $0 $0
2021 $3,490 $184,380 $0 $0
2020 $3,283 $179,010 $0 $0
2019 $3,197 $173,800 $0 $0
2018 $3,049 $168,740 $0 $0
2017 $2,925 $163,830 $0 $0
2016 $2,579 $159,060 $0 $0
2015 $2,523 $154,430 $0 $0
2014 $2,462 $149,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Robbins

    Seller's Agent in 2019

    Sean Robbins

    eXp Realty LLC

    (949) 220-9251

    2 in this area

    260 Total Sales

    Sean Robbins
    Section Image
  • Jessica Tindell

    Buyer's Agent in 2019

    Jessica Tindell

    Tindell & Co

    (971) 533-4328

    67 Total Sales

    Jessica Tindell
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19552021

Regional Multiple Listing Service (RMLS)

APN: R110165

Oregon Multnomah County Gresham 97030 North Central

255 NW 20th St Unit 275, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 255 NW 20th St Unit 275, Gresham, OR 97030 since 16 October 2019 and is currently estimated at $440,044, approximately $275 per square foot. This property was built in 1967. 255 NW 20th St Unit 275 is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.

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