NOT LISTED FOR SALE

2997 SW Royal Way Gresham, OR 97080

Southwest Gresham Neighborhood

Estimated Value: $592,000 - $602,202

4 Beds
3 Baths
2,303 Sq Ft
$259/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $500,000 $217 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,713/month

About This Home

As of January 2021

Spacious home in the wonderful Hunters Highland neighborhood. Great floor plan, light & bright. 4 large bedrooms, 2.1 bath. Featuring high ceiling, skylights, granite counter top in kitchen & all baths, open rail stair case, laminate wood floor in the family rm, kitchen & upstairs hallway. Family room with fireplace connects to the kitchen with nook and sliding door to the private backyard with newer fence. Master suite with walk-in closet, jet tub & coved ceiling. AC, sound system in family rm.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Jan 22, 2021
Sold by
Tran Tuan Q and Nguyen Chau M
Bought by
Swafford Meuy F and Swafford Dallas E
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Daniela Sardo
Real Broker
List Price
$489,999
Sold Price
$500,000
Premium/Discount to List
$10,001
2.04%
Current Estimated Value
$596,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,801
Avg. Annual Appreciation
3.88%
Original Mortgage
$475,000
Outstanding Balance
$425,587
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$171,214

Purchase Details

Listed on
Jan 1, 2021
Closed on
Jan 20, 2021
Sold by
Tran Linh
Bought by
Tran Tuan Q and Nguyen Chau M
Seller's Agent
Li Lanz
Li Lanz Properties, LLC
Buyer's Agent
Daniela Sardo
Real Broker
List Price
$489,999
Sold Price
$500,000
Premium/Discount to List
$10,001
2.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$425,587
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$171,214

Purchase Details

Closed on
Jan 23, 2008
Sold by
Tran Tuan Q
Bought by
Tran Tuan Q and Nguyen Chau M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.41%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 1999
Sold by
White Robert A
Bought by
Tran Tuan O and Nguyen Chau M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.82%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 1, 1997
Sold by
Cowan Bodil
Bought by
White Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1997
Sold by
Highlands Gentry
Bought by
Cowan Bodil and Anderson Gregory Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,524
Interest Rate
7.96%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Swafford Meuy F $500,000 Fidelity Natl Ttl Co Of Or
Tran Tuan Q -- Fidelity National Title
Tran Tuan Q -- Ticor Title Insurance Compan
Tran Tuan O $217,000 First American Title Co
White Robert A $224,000 First American Title Ins Co
Cowan Bodil $216,342 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swafford Meuy F $475,000
Previous Owner Tran Tuan Q $155,000
Previous Owner Tran Linh $155,000
Previous Owner Tran Tuan O $140,000
Previous Owner White Robert A $174,000
Previous Owner Cowan Bodil $205,524
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $500,000 +2.0% $217 / Sq Ft
01/03/2021 01/03/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $489,999 -- $213 / Sq Ft

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 $6,731 $360,280 -- --
2023 $6,731 $349,790 $0 $0
2022 $5,836 $339,610 $0 $0
2021 $5,858 $329,727 $0 $0
2020 $5,213 $309,430 $0 $0
2019 $5,086 $300,420 $0 $0
2018 $4,878 $291,670 $0 $0
2017 $4,715 $283,180 $0 $0
2016 $4,577 $274,940 $0 $0
2015 $4,359 $266,940 $0 $0
2014 $4,176 $259,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Li Lanz

    Seller's Agent in 2021

    Li Lanz

    Li Lanz Properties, LLC

    (503) 936-4154

    6 in this area

    198 Total Sales

    Li Lanz
    Section Image
  • Daniela Sardo

    Buyer's Agent in 2021

    Daniela Sardo

    Real Broker

    (503) 310-9127

    1 in this area

    72 Total Sales

    Daniela Sardo
    Section Image
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Map

Oregon Multnomah County Gresham 97080 Southwest Gresham

2997 SW Royal Way, Gresham, OR

This home is located at 2997 SW Royal Way, Gresham, OR 97080 and is currently estimated at $596,801, approximately $259 per square foot. 2997 SW Royal Way is a home located in Multnomah County with nearby schools including Butler Creek Elementary School, Centennial Middle School, and Centennial High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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