NOT LISTED FOR SALE

3125 NE 18th Ct Unit 3135 Gresham, OR 97030

Northeast Gresham Neighborhood

Estimated Value: $494,000 - $530,000

5 Beds
3 Baths
1,876 Sq Ft
$270/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $360,000 $192 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,302/month

1 Day on Market

Highlights

  • Golf Course Community
  • Views
  • Level Lot
  • Attached Garage
  • Washer and Dryer
  • 4-minute walk to Kane Road Park

About This Home

As of July 2018

Backs to the Gresham Golf Course! Great income potential in this duplex! One side has 3 bedrooms, 2 baths; the other has 2 bedrooms, 1 baths. Two garage spaces. Golf course views out the back, and a well maintained, professionally landscaped, large backyard common area. Mt Hood Community College, plenty of shops, businesses and restaurants nearby. Interior subject to inspection. Do not disturb tenants. Rents under market value.

Last Agent to Sell the Property

Peter O'Neil

Windermere Realty Trust License #200707210 Listed on: 06/22/2018

Last Buyer's Agent

Jamie Hinkel

The Broker Network, LLC License #201110052

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,608

Year Built

  • Built in 1977

Lot Details

  • 10,367

Parking

  • Attached Garage

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Crawl Space
  • Washer and Dryer
  • Property Views

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trash collection, sewer, water, ground maintenance

Community Details

Overview

  • 2 Units

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,608

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1876
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Existing
  • Remarks Public: Backs to the Gresham Golf Course! Great income potential in this duplex! One side has 3 bedrooms, 2 baths; the other has 2 bedrooms, 1 baths. Two garage spaces. Golf course views out the back, and a well maintained, professionally landscaped, large backyard common area. Mt Hood Community College, plenty of shops, businesses and restaurants nearby. Interior subject to inspection. Do not disturb tenants. Rents under market value.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: RICHARD & MARY ADD, BLOCK 1, LOT 86
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • View: Golf Course
  • View: Yes

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Hall
  • Middle School: Gordon Russell
  • High School: Sam Barlow

Lot Info

  • Lot Description: Golf Course, Level
  • Zoning: CMF

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water, Maintenance Grounds

Tax Info

  • Tax Amount: 4454.18
  • Assessor Parcel Number: R254244
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.19

MLS Schools

  • Elementary School: Hall
  • High School: Sam Barlow
  • Middle School: Gordon Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Jul 20, 2018
Sold by
Howard Pamela M
Bought by
Beenett Erik and Hoffman Kathleen Retzloff
Seller's Agent
Peter O'Neil
Windermere Realty Trust
Buyer's Agent
Jamie Hinkel
The Broker Network, LLC
List Price
$340,000
Sold Price
$360,000
Premium/Discount to List
$20,000
5.88%
Total Days on Market
1
Current Estimated Value
$507,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,416
Avg. Annual Appreciation
5.85%
Original Mortgage
$210,000
Interest Rate
4.6%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Beenett Erik $360,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Erik $175,563
Closed Beenett Erik $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2018 07/26/18 Sold $360,000 +5.9% $192 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $340,000 -- $181 / 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
2023 $5,608 $297,840 $0 $0
2022 $5,451 $289,170 $0 $0
2021 $5,314 $280,750 $0 $0
2020 $5,000 $272,580 $0 $0
2019 $4,869 $264,650 $0 $0
2018 $4,643 $256,950 $0 $0
2017 $4,454 $249,470 $0 $0
2016 $3,927 $242,210 $0 $0
2015 $3,842 $235,160 $0 $0
2014 $3,730 $228,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter O'Neil

    Seller's Agent in 2018

    Peter O'Neil

    Windermere Realty Trust

    Section Image
  • Jamie Hinkel

    Buyer's Agent in 2018

    Jamie Hinkel

    The Broker Network, LLC

    (503) 943-0121

    81 Total Sales

    Jamie Hinkel
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18082979

Regional Multiple Listing Service (RMLS)

APN: R254244

Oregon Multnomah County Gresham 97030 Northeast Gresham

3125 NE 18th Ct Unit 3135, Gresham, OR

This home is located at 3125 NE 18th Ct Unit 3135, Gresham, OR 97030 since 22 June 2018 and is currently estimated at $507,416, approximately $270 per square foot. This property was built in 1977. 3125 NE 18th Ct Unit 3135 is a home located in Multnomah County with nearby schools including Hall Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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