Estimated payment $2,887/month
Attention Developers, Investors, Contractors and Buyers In Need of an Over Sized Shop! This property features a 1429 SF, 2 bedroom, 1 bath home that is comfortable and fully functional. Additional cosmetic improvements could make this a beautiful home for someone wishing to utilize the shop and oversized lot for themselves. Seller's current mortgage at 2.38% is assumable for owner occupants meeting mortgage criteria. It also has great rental potential. Shop is 37 x 24 with additional attached wood structures that add square footage. It has a 220 electric service and has been used for mechanic work/motorcycle repair in the past. It has ample storage, an oversized garage door and abundant open workspace. Land is a secluded, quiet, and private .29 acre flag lot zoned RM2. Per city website, this allows for medium-scale multi-dwelling construction characterized by 3-4 story buildings including a diverse range of multi-dwelling structures, fourplexes and rowhouses. Buyers to do own due diligence with city and county regarding possible property uses. Property is conveniently located with easy access to Gresham, Downtown Portland, I205, and mass transit.
Listing Agent
Owl's Nest Realty Brokerage Phone: 971-221-3175 License #201253256 Listed on: 08/28/2025
| 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 |
|---|---|---|---|---|
| 2024 | $3,181 | $133,360 | -- | -- |
| 2023 | $3,043 | $129,480 | $0 | $0 |
| 2022 | $2,885 | $125,710 | $0 | $0 |
| 2021 | $2,837 | $122,050 | $0 | $0 |
| 2020 | $2,570 | $118,500 | $0 | $0 |
| 2019 | $2,489 | $115,050 | $0 | $0 |
| 2018 | $2,412 | $111,700 | $0 | $0 |
| 2017 | $2,323 | $108,450 | $0 | $0 |
| 2016 | $2,262 | $105,300 | $0 | $0 |
| 2015 | $2,208 | $102,240 | $0 | $0 |
| 2014 | $2,119 | $99,270 | $0 | $0 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/28/2025 08/28/25 | For Sale | $485,000 | -- | $340 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Contract Of Sale | $160,000 | Ticor Title | |
| Special Warranty Deed | $160,000 | Ticor Title Insurance Compan | |
| Individual Deed | $54,100 | Oregon Title Insurance Co | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Deed | $74,000 | First American Title Ins Co |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $155,540 | New Conventional | |
| Closed | $173,700 | New Conventional | |
| Closed | $178,500 | Unknown | |
| Previous Owner | $184,000 | Purchase Money Mortgage | |
| Previous Owner | $155,000 | Seller Take Back | |
| Previous Owner | $83,250 | Purchase Money Mortgage | |
| Previous Owner | $73,000 | Seller Take Back |
$539,500
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Cindy Sehorn-Singh Soldera Properties, Inc
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 462291033
APN: R334182
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