NOT LISTED FOR SALE

314 SE Beech Ave Unit 324 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $514,000 - $589,000

4 Beds
4 Baths
2,508 Sq Ft
$215/Sq Ft Est. Value

Last Sold November 25, 2021

Last sale price $482,000 $192 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,374/month

2 Days on Market

Highlights

  • Landscaped with Trees
  • High Speed Internet
  • Wood Siding
  • Garage
  • Level Lot

About This Home

As of November 2021

Great investment opportunity in this cute and clean duplex with easy access to Downtown Gresham. Each unit has individual garage, and parking off street.

Last Listed By

Scott Stevenson

Berkshire Hathaway HomeServices NW Real Estate License #870800050 Listed on: 10/23/2021

Berkshire Hathaway HomeServices NW Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,680

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Assigned Parking

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,680

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2508
  • Stories: 2
  • Year Built: 1972
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great investment opportunity in this cute and clean duplex with easy access to Downtown Gresham. Each unit has individual garage, and parking off street.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LAWRENCE ADD, BLOCK 3, N 22' OF LOT 11, LOT 12
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, T-111 Siding, Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Flat
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Zoned
  • Internet Service Type: Cable, DSL
  • Security: Sidewalk

Condo/Co-op/Association

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

Schools

  • Elementary School: East Gresham
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Level, Trees
  • Zoning: LDR-5

Rental Info

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

Tax Info

  • Tax Amount: 4172.58
  • Assessor Parcel Number: R205212
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.89

MLS Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2021
Closed on
Nov 24, 2021
Sold by
Wilson Shirley J
Bought by
Nathan Mitchell and Nicolazzo Megan
Seller's Agent
Scott Stevenson
Berkshire Hathaway HomeServices NW Real Estate
Buyer's Agent
Julie Murray
Realty ONE Group Prestige
List Price
$449,890
Sold Price
$482,000
Premium/Discount to List
$32,110
7.14%
Total Days on Market
2
Current Estimated Value
$538,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,382
Original Mortgage
$473,269
Outstanding Balance
$443,834
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2013
Sold by
Wilson Wilbur W
Bought by
Wilson Shirley J

Purchase Details

Closed on
May 16, 2007
Sold by
Miller Derk S
Bought by
Wilson Wilbur W and Wilson Shirley J

Purchase Details

Closed on
Sep 15, 2006
Sold by
Tsg Investments Llc
Bought by
Miller Derk S and Miller Audrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2006
Sold by
Munn Scott
Bought by
Tsg Investments Llc

Purchase Details

Closed on
Apr 13, 2001
Sold by
King Jean A
Bought by
Munn Mark G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 11, 1998
Sold by
King Joseph B
Bought by
King Jean A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1997
Sold by
Edwards Ralph R
Bought by
King Joseph B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Nathan Mitchell $482,000 First American
Wilson Shirley J $70,000 None Available
Wilson Wilbur W $311,000 Transnation Title Agency Or
Miller Derk S $290,000 First American Title Insuran
Tsg Investments Llc $182,388 Stewart Title
Munn Mark G $185,000 Oregon Title Insurance Co
King Jean A -- First American Title Ins Co
King Joseph B $115,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nathan Mitchell $473,269
Previous Owner Wilson Shirley J $26,005
Previous Owner Wilson Wilbur W $70,000
Previous Owner Miller Derk S $203,000
Previous Owner Munn Mark G $182,141
Previous Owner King Jean A $129,500
Previous Owner King Joseph B $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2021 11/25/21 Sold $482,000 +7.1% $192 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
10/23/2021 10/23/21 For Sale $449,890 -- $179 / 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 $4,680 $248,560 $0 $0
2022 $4,549 $241,330 $0 $0
2021 $4,435 $234,310 $0 $0
2020 $4,173 $227,490 $0 $0
2019 $4,063 $220,870 $0 $0
2018 $3,874 $214,440 $0 $0
2017 $3,717 $208,200 $0 $0
2016 $3,278 $202,140 $0 $0
2015 $3,207 $196,260 $0 $0
2014 $2,992 $187,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Stevenson

    BHHS Oregon- Northwest

    (503) 998-6306

    1 in this area

    15 Total Sales

    Scott Stevenson
    Section Image
  • Anita McCoy

    Seller Co-Listing Agent in 2021

    Anita McCoy

    Premiere Property Group, LLC

    (970) 926-8440

    1 in this area

    7 Total Sales

    Anita McCoy
    Section Image
  • Julie Murray

    Buyer's Agent in 2021

    Julie Murray

    Realty ONE Group Prestige

    (503) 970-8837

    1 in this area

    146 Total Sales

    Julie Murray
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21048001

Regional Multiple Listing Service (RMLS)

APN: R205212

Oregon Multnomah County Gresham 97080 Historic Southeast

314 SE Beech Ave Unit 324, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 314 SE Beech Ave Unit 324, Gresham, OR 97080 since 23 October 2021 and is currently estimated at $538,382, approximately $214 per square foot. This property was built in 1972. 314 SE Beech Ave Unit 324 is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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