NOT LISTED FOR SALE

255 SE Vista Ave Unit 257 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $483,649 - $545,000

4 Beds
2 Baths
1,520 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 03, 2012

Last sale price $113,000 $74 Per Sq Ft

Est. 357% increase in value since last sale

Current estimated payment $3,139/month

641 Days on Market

Highlights

  • Baseboard Heating
  • Level Lot
  • 1-Story Property
  • Garage
  • Wood Siding

About This Home

As of February 2012

Cosmetic Fixer!Duplex on very large lot."homey" great for owner occupied units.Great location for public transportation."Seller is a licensed Real Estate Agent in Oregon."SUBJECT TO INTERIOR INSPECTION.

Last Agent to Sell the Property

Marie Covert

MORE Realty License #200406063 Listed on: 04/26/2010

Last Buyer's Agent

Lizbeth Hale

Tree City Real Estate License #931000192

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,513

Year Built

  • Built in 1975

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Parking

  • Garage
  • Open Parking

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R270102

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,053
  • Gross Income $16,800
  • Net Operating Income $11,747

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,513

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1975
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 113000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 15,000 to 19,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: LDR
  • Parcel #: R270102

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 6.93
  • Annual Gross Income: 16800.0
  • Property Net Operating Income: 11747.0
  • Annual Operating Expense: 5053.0

Tax Info

  • Tax Annual Amount: 2512.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 15, 2013
Sold by
Alvarez Maurcio
Bought by
Alvarez Properties Llc
Current Estimated Value
$516,912

Purchase Details

Listed on
Apr 26, 2010
Closed on
Jan 30, 2012
Sold by
Gomez Jesus
Bought by
Alvarez Mauricio
Seller's Agent
Marie Covert
MORE Realty
Buyer's Agent
Lizbeth Hale
Tree City Real Estate
List Price
$185,000
Sold Price
$113,000
Premium/Discount to List
-$72,000
-38.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%

Purchase Details

Closed on
Jul 26, 2005
Sold by
Schifferling Reginald
Bought by
Gomez Jesus and Garcia Donaciano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,100
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 2004
Sold by
Armstrong Nicholas E
Bought by
Schifferling Reginald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,400
Interest Rate
6.6%
Mortgage Type
Stand Alone First
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
Alvarez Properties Llc -- None Available
Alvarez Mauricio $113,000 Stewart Title
Gomez Jesus $181,500 Lawyers Title Ins
Schifferling Reginald $160,500 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Jesus $18,100
Previous Owner Schifferling Reginald $128,400
Closed Schifferling Reginald $32,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2012 02/03/12 Sold $113,000 -38.9% $74 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
04/26/2010 04/26/10 For Sale $185,000 -- $122 / 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 $5,169 $254,020 -- --
2024 $4,948 $246,630 -- --
2023 $4,508 $239,450 $0 $0
2022 $4,382 $232,480 $0 $0
2021 $4,272 $225,710 $0 $0
2020 $4,019 $219,140 $0 $0
2019 $3,914 $212,760 $0 $0
2018 $3,732 $206,570 $0 $0
2017 $3,581 $200,560 $0 $0
2016 $3,157 $194,720 $0 $0
2015 $3,089 $189,050 $0 $0
2014 $3,010 $183,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Marie Covert

    MORE Realty

    (503) 353-6673

    11 Total Sales

    Marie Covert
    Section Image
  • Lizbeth Hale

    Buyer's Agent in 2012

    Lizbeth Hale

    Tree City Real Estate

    (503) 757-1869

    105 Total Sales

    Lizbeth Hale
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 10035369

Regional Multiple Listing Service (RMLS)

APN: R270102

Oregon Multnomah County Gresham 97080 Historic Southeast

255 SE Vista Ave Unit 257, Gresham, OR

Not Listed for Sale

MultiFamily

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