NOT LISTED FOR SALE

Estimated Value: $622,000 - $734,000

6 Beds
3 Baths
4,605 Sq Ft
$148/Sq Ft Est. Value

Sale Details

Date Sold: August 14, 2020

Last sale price $592,400 $129 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,372 / mo

3 Days on Market

Highlights

  • City View
  • Detached Garage
  • 3-minute walk to Gresham Splash Pad Park
  • Corner Lot
  • Zoned Heating

About This Home

As of August 2020

This newer & well maintained downtown Gresham 3-plex offers two spacious 3 bed units w/ a 1-car garage, large living rooms, washer & dryer, Trex deck & patio & a 2 bed unit w/ a beautiful kitchen & a large street front storage space or possible commercial live/work office set up. All appliances are included. Corner lot w/ ample parking, strong rents & cash flow, low vacancy & super low maintenance! Great location steps to Downtown Gresham's restaurants, parks, cafes, pubs, transit & more!!!

Last Agent to Sell the Property

Kyle Ball

Premiere Property Group, LLC License #200609089 Listed on: 07/24/2020

Premiere Property Group, LLC

Last Buyer's Agent

Denise Spanke

Premiere Property Group, LLC License #200308154

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,390

Year Built

  • Built in 2003

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Detached Garage

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,605 Sq Ft Home
  • 2-Story Property
  • City Views
  • Security Lights

Schools

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

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R496212

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $13,326
  • Gross Income $44,640
  • Net Operating Income $31,314

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,390

Year Built

Built in 2003

Lot Details

4,704 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 2003
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 592400.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage,IndividualStorageUnits
  • Lot Size Range: SqFt3000to4999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: City

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: SecurityLights, Sidewalk
  • Cooling Y N: No
  • Heating: Zoned
  • 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: DLR-2
  • Parcel #: R496212

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6389.61

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 13.44
  • Annual Gross Income: 44640.0
  • Property Net Operating Income: 31314.0
  • Annual Operating Expense: 13326.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Aug 13, 2020
Sold by
Bought by
Seller's Agent
Kyle Ball
Premiere Property Group, LLC
Buyer's Agent
Denise Spanke
Premiere Property Group, LLC
List Price
$599,900
Sold Price
$592,400
Premium/Discount to List
-$7,500
-1.25%
Current Estimated Value
$680,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,188
Avg. Annual Appreciation
2.42%

Purchase Details

Closed on
Jul 27, 2001
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$592,400 Fidelity National Title
$592,400 Fidelity National Ttl Of Or
$592,400 Fidelity Natl Ttl Co Of Or
-- --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $592,400 -1.3% $129 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $599,900 -- $130 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,438 $414,670 -- --
2024 $8,078 $402,600 -- --
2023 $7,359 $390,880 $0 $0
2022 $7,154 $379,500 $0 $0
2021 $6,973 $368,450 $0 $0
2020 $6,561 $357,720 $0 $0
2019 $6,390 $347,310 $0 $0
2018 $6,092 $337,200 $0 $0
2017 $5,845 $327,380 $0 $0
2016 $5,154 $317,850 $0 $0
2015 $5,042 $308,600 $0 $0
2014 $4,372 $273,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20603324

Regional Multiple Listing Service (RMLS)

APN: R496212

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