NOT LISTED FOR SALE

2588 NW 2nd Terrace Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $331,119 - $366,000

2 Beds
3 Baths
1,332 Sq Ft
$265/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $295,000 $221 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,275/month

5 Days on Market

Highlights

  • 1 Fireplace
  • Attached Garage
  • Security System Owned
  • Porch
  • Resident Manager or Management On Site
  • High Speed Internet

About This Home

As of November 2020

Meticulous 2 story townhouse features two master bedrooms- each with en suite bathrooms and walk in closets! Home has an additional half bath on the main level with thoughtful upgrades throughout! Kitchen offers stainless steel appliances and custom stainless steel counter to ceiling backsplash for a very modern and sharp look. Enjoy the custom railing in stairway, custom built cabinets in the garage for additional storage, and high end flooring throughout!

Last Agent to Sell the Property

Nichole Connelly

Cascade Hasson Sotheby's International Realty License #201208740 Listed on: 09/04/2020

Cascade Hasson Sotheby's International Realty

Last Buyer's Agent

Janet McGill

John L. Scott Portland Metro License #780301557

John L. Scott Portland Metro

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2005

Lot Details

  • 1,742

HOA Fees

  • $145 per month

Parking

  • Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Property Attached
  • Slab Foundation
  • Cement Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Vinyl Clad Windows
  • Crawl Space
  • Security System Owned

Utilities

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

Additional Features

  • Porch
  • Sprinkler System

Community Details

  • Maintained Community
  • Resident Manager or Management On Site

Property Details

Home Type

Multi-Family

Year Built

Built in 2005

Lot Details

0

HOA Fees

$145 per month

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Attached
  • Style: 2 Story, Townhouse
  • Sq Ft Calculated: 1332
  • Sq Ft Approximate Total: 1332
  • Stories: 2
  • Year Built: 2005
  • Property Condition: Resale
  • New Construction Supplement: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 2.1
  • Fireplace Description: Gas
  • Fireplaces: 1
  • Kitchen Appliances: Microwave, Built-in Range, Dishwasher, Disposal, Gas Appliances, Island, Built-in Oven, Granite, Stainless Steel Appliance(s)
  • Legal Description: BECHTOLDT TOWNHOMES NO 2, LOT 106
  • Sq Ft Main Level: 509
  • Upper Level Sq Ft: 823
  • Bedrooms: 2
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 2
  • Partial Bathrooms: 1
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Main
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 3
  • Bathrooms Upper Level Full: 2
  • Window Features: Vinyl Frames

Exterior Features

  • Exterior Description: Cement Siding
  • Exterior Features: Porch, Sprinkler
  • Lot Size: 0-2,999SF
  • Roof Type: Composition
  • Foundation Details: Slab
  • Additional Structure Supplement: No
  • Road Surface: Concrete, Paved

Garage/Parking

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

Utilities

  • Fuel Description: Electricity, Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air
  • Internet Service Type: Cable
  • Security: Security System Owned

Condo/Co-op/Association

  • HOA Fees: 145
  • HOA Payment Frequency: Monthly
  • HOA: Yes
  • Association Amenities: Exterior Maintenance, Management, Road Maintenance

Association/Amenities

  • Amenities Supplement: No

Lot Info

  • Acres: 0.04
  • Farm Supplement: No
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Tax Info

  • Tax Amount: 2712.13
  • Assessor Parcel Number: R494244
  • Tax Year: 2019

Multi Family

  • Non Owner Occ Supplement: No

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2020
Closed on
Oct 22, 2020
Sold by
Quinn Michael S and Quinn Shari M
Bought by
Lake Sarah
Seller's Agent
Nichole Connelly
Cascade Hasson Sotheby's International Realty
Buyer's Agent
Janet McGill
John L. Scott Portland Metro
List Price
$299,900
Sold Price
$295,000
Premium/Discount to List
-$4,900
-1.63%
Current Estimated Value
$353,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,530
Avg. Annual Appreciation
3.54%
Original Mortgage
$270,750
Outstanding Balance
$239,827
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$113,703

Purchase Details

Closed on
Aug 12, 2009
Sold by
Quinn Michael S
Bought by
Quinn Michael S and Quinn Shari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 7, 2009
Sold by
Stafford Timothy J
Bought by
Quinn Michael S and Quinn Shari M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,900
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2004
Sold by
Gsl Properties Inc
Bought by
Stafford Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
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
Lake Sarah $295,000 First American
Quinn Michael S -- None Available
Quinn Michael S $151,000 Fidelity Natl Title Co Of Or
Stafford Timothy J $150,212 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lake Sarah $270,750
Previous Owner Quinn Michael S $135,900
Previous Owner Stafford Timothy J $119,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2020 11/02/20 Sold $295,000 -1.6% $221 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
09/04/2020 09/04/20 For Sale $299,900 -- $225 / 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 $3,582 $176,000 -- --
2024 $3,429 $170,880 -- --
2023 $3,124 $165,910 $0 $0
2022 $3,036 $161,080 $0 $0
2021 $2,960 $156,390 $0 $0
2020 $2,785 $151,840 $0 $0
2019 $2,712 $147,420 $0 $0
2018 $2,586 $143,130 $0 $0
2017 $2,481 $138,970 $0 $0
2016 $2,188 $134,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nichole Connelly

    Cascade Hasson Sotheby's International Realty

    (503) 228-9801

    26 Total Sales

    Nichole Connelly
    Section Image

  • J

    Buyer's Agent in 2020

    Janet McGill

    John L. Scott Portland Metro

    (503) 489-6749

    1 in this area

    12 Total Sales

    Janet McGill
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20612594

Regional Multiple Listing Service (RMLS)

APN: R494244

Oregon Multnomah County Gresham 97030 Northwest Gresham

2588 NW 2nd Terrace, Gresham, OR

Not Listed for Sale

MultiFamily

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