NOT LISTED FOR SALE

2722 SE Paloma Terrace Gresham, OR 97080

Kelly Creek Neighborhood

Estimated Value: $619,000 - $685,000

3 Beds
2.5 Baths
2,232 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $535,000 $240 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,272/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Granite Countertops
  • No HOA
  • High Ceiling
  • Private Yard
  • First Floor Utility Room

About This Home

As of July 2020

Beautifully updated and well-maintained modern retreat in Gresham. Highly desired home layout that lives large with a spacious living room and dining room, covered by cathedral ceilings. French doors from the living room lead to a patio with retractable screen and large bay windows fill the room with natural light. Private backyard with new fencing, and newly painted covered patio. Dusk to dawn outdoor lighting means all-day fun surrounded by many mature trees and garden spaces.

Last Agent to Sell the Property

James Peterson

eXp Realty, LLC License #201207342 Listed on: 06/18/2020

eXp Realty, LLC

Last Buyer's Agent

Greg Walczyk

Walczyk Associates Realty License #980100248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,999

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • 0.33 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Private Yard
  • Garden
  • Raised Garden Beds

Parking

  • 2 Car Attached Garage
  • Appliances in Garage
  • Garage on Main Level
  • Garage Door Opener
  • Driveway

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Tile Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,232 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • First Floor Utility Room
  • Crawl Space

Kitchen

  • Built-In Double Convection Oven
  • Free-Standing Range
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

  • Security System Owned
  • Security Lights

Accessible Home Design

  • Accessibility Features

Eco-Friendly Details

  • Watersense Fixture
  • Smart Irrigation

Outdoor Features

  • Covered Deck
  • Patio
  • Shed
  • Porch

Schools

  • Kelly Creek Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heating System Uses Gas
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R309339

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,999

Year Built

Built in 1989 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 2
  • Year Built: 1989
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Stories2, Traditional
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour

Interior Features

  • Accessibility Features: BuiltinLighting, GarageonMain, UtilityRoomOnMain, WalkinShower
  • Total Bathrooms: 2.1
  • Fireplaces: 1
  • Interior Amenities: CeilingFan, GarageDoorOpener, HighCeilings, HighSpeedInternet, LaminateFlooring, Laundry, VinylFloor, WalltoWallCarpet, WasherDryer
  • Basement: CrawlSpace
  • Window Features: DoublePaneWindows, VinylFrames
  • Appliances: ApplianceGarage, BuiltinOven, ConvectionOven, DoubleOven, FreeStandingRange, FreeStandingRefrigerator, Granite, Island, Microwave, Pantry, StainlessSteelAppliance
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • BathroomsFullUpperLevel: 2
  • BathroomsPartialMainLevel: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 0.1
  • BathroomsTotalUpperLevel: 2.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Upper
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Upper
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: Brick,CementSiding,ManMade
  • Exterior Features: CoveredDeck, Fenced, Garden, Patio, Porch, RaisedBeds, SecurityLights, SmartIrrigation, ToolShed, WaterSenseIrrigation, Yard
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac, Private
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Tile

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Energy Efficiency Features: DoublePaneWindows,HeatPump
  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable,Wireless
  • Security: SecurityLights, SecuritySystemOwned
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir, HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Kelly Creek
  • High School: Sam Barlow
  • Middle Or Junior School: Gordon Russell

Lot Info

  • Farm: No
  • Lot Size Acres: 0.33
  • Lot Size Sq Ft: 14374.0
  • Parcel #: R309339

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 5999.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 30, 2020
Sold by
Riesenman Denise S and Riesenman John S
Bought by
Gardner Zachary and Gardner Erica G
Seller's Agent
James Peterson
eXp Realty, LLC
Buyer's Agent
Greg Walczyk
Walczyk Associates Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Current Estimated Value
$656,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,762
Avg. Annual Appreciation
3.26%
Original Mortgage
$503,500
Outstanding Balance
$452,397
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$177,305

Purchase Details

Closed on
Nov 2, 2009
Sold by
Riesenman Denise S
Bought by
Riesenman Denise S and Riesenman John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,198
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2006
Sold by
St John Susan E
Bought by
Schoer Denise L and Riesenman John S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,320
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 27, 2005
Sold by
St John Gary A
Bought by
St John Susan E

Purchase Details

Closed on
Nov 23, 2004
Sold by
Johnson John W
Bought by
St John Gary A and St John Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,300
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Gardner Zachary $535,000 Wfg Title
Riesenman Denise S -- First American
Schoer Denise L $342,900 First American
St John Susan E -- --
St John Gary A $272,965 Transnation Title Agency Or
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Zachary $503,500
Previous Owner Riesenman Denise S $30,000
Previous Owner Riesenman John S $275,000
Previous Owner Riesenman Denise S $273,198
Previous Owner Schoer Denise L $274,320
Previous Owner Stjohn Gary A $30,000
Previous Owner St John Gary A $218,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2020 07/31/20 Sold $535,000 +1.9% $240 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $525,000 -- $235 / 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
2024 $8,319 $414,640 -- --
2023 $7,579 $402,570 $0 $0
2022 $7,368 $390,850 $0 $0
2021 $7,182 $379,470 $0 $0
2020 $6,160 $335,870 $0 $0
2019 $5,999 $326,090 $0 $0
2018 $5,720 $316,600 $0 $0
2017 $5,488 $307,380 $0 $0
2016 $4,839 $298,430 $0 $0
2015 $4,734 $289,740 $0 $0
2014 $4,548 $281,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20064583

Regional Multiple Listing Service (RMLS)

APN: R309339