NOT LISTED FOR SALE

266 NE 4th St Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $507,305 - $607,000

4 Beds
4 Baths
2,400 Sq Ft
$225/Sq Ft Est. Value

Last Sold December 10, 2013

Last sale price $265,000 $110 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $3,284/month

95 Days on Market

Highlights

  • Fireplace
  • 4-minute walk to Gresham Central Transit Center
  • Level Lot
  • Parking Storage or Cabinetry
  • Garage
  • 3-minute walk to Gresham Splash Pad Park

About This Home

As of December 2013

Gresham Single Family Home With Rental Income $595 Studio Apartment with private side entrance, Kitchen, Living Room, Bed & Bath. Great Downtown Gresham access only 5 Min. walk to Historic Gresham. House Includes 3 Bed 2.5 bath, patio, High fenced low maintenance back yard, Spacious & Light Living Room. Great First Time Home Buyer or Investment Opportunity. Seller will carry back with a substantial down payment.

Last Agent to Sell the Property

Peggy Hoag

Hoag Real Estate License #910600149 Listed on: 07/18/2013

Last Buyer's Agent

Jake Morris

First Class Properties License #201007122

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,384

Year Built

  • Built in 2003

Lot Details

  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Home Design

  • Lap Siding
  • Shake Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units
  • Property managed by Tenant - Heather

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,384

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2400
  • Stories: 2
  • Year Built: 2003
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: PARTITION PLAT 2001-37, LOT 1
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding, Shake Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Assigned, Garage

Utilities

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

Condo/Co-op/Association

  • Management Name: Tenant - Heather
  • Management Phone: 906-746-1419
  • Unit Features: Dishwasher, Disposal, Fireplace, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level
  • Zoning: DCC

Tax Info

  • Tax Amount: 3065.09
  • Assessor Parcel Number: R504789

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.50

MLS Schools

  • Elementary School: West Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2013
Closed on
Dec 4, 2013
Sold by
Berger Bruning Brandace Joan
Bought by
Morris Jacob Cheyenne
Seller's Agent
Peggy Hoag
Hoag Real Estate
Buyer's Agent
Jake Morris
First Class Properties
List Price
$295,000
Sold Price
$265,000
Premium/Discount to List
-$30,000
-10.17%
Current Estimated Value
$538,826

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,826
Avg. Annual Appreciation
6.13%
Original Mortgage
$265,000
Outstanding Balance
$196,442
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$342,384

Purchase Details

Closed on
Apr 8, 2003
Sold by
Shaw Industries Inc
Bought by
Berger Christobel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,500
Interest Rate
5.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Morris Jacob Cheyenne $265,000 First American
Berger Christobel J $265,000 Ticor Title Insurance Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Jacob Cheyenne $265,000
Previous Owner Berger Christobel J $147,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/10/2013 12/10/13 Sold $265,000 -10.2% $110 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
07/18/2013 07/18/13 For Sale $295,000 -- $123 / 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 $5,384 $264,570 -- --
2024 $5,154 $256,870 -- --
2023 $4,695 $249,390 $0 $0
2022 $4,564 $242,130 $0 $0
2021 $4,449 $235,080 $0 $0
2020 $4,186 $228,240 $0 $0
2019 $4,077 $221,600 $0 $0
2018 $3,887 $215,150 $0 $0
2017 $3,730 $208,890 $0 $0
2016 $3,288 $202,810 $0 $0
2015 $3,217 $196,910 $0 $0
2014 $2,859 $178,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peggy Hoag

    Seller's Agent in 2013

    Peggy Hoag

    Hoag Real Estate

    (503) 906-1370

    142 Total Sales

    Peggy Hoag
    Section Image

  • J

    Buyer's Agent in 2013

    Jake Morris

    First Class Properties

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13208260

Regional Multiple Listing Service (RMLS)

APN: R504789

Oregon Multnomah County Gresham 97030 Downtown Gresham

266 NE 4th St, Gresham, OR

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