NOT LISTED FOR SALE

Estimated Value: $495,000 - $520,000

4 Beds
2 Baths
2,093 Sq Ft
$245/Sq Ft Est. Value

Last Sold September 17, 2024

Last sale price $511,430 $244 Per Sq Ft

Current estimated payment $3,118/month

6 Days on Market

Highlights

  • Seasonal View
  • 2 Car Attached Garage
  • Property is near a bus stop
  • Corner Lot
  • Window Unit Cooling System
  • Forced Air Heating System

About This Home

As of September 2024

Great duplex situated on a spacious corner lot! This property promises convenience, located a comfortable 2 miles from downtown Gresham and just minutes from green spaces, shopping, and restaurants. Each unit boasts 2 BD / 1 BA with a private one car garage, deck, patio, individually fenced private back yard, huge walk-in crawl space for storage, and 2 dedicated parking spaces for each unit (one in front, and one on the side). Updates include: roof replacement completed in February 2024 (shared roof and roof over 320), front windows updated in 2018, updated kitchen floor and countertops in 310, and updated appliances in 320. Unit 310 will be vacant 8/1.

Last Agent to Sell the Property

Scott Edelman

Think Real Estate License #201234319 Listed on: 07/23/2024

Think Real Estate

Co-Listed By

Scott Friesen

Think Real Estate License #201255037

Last Buyer's Agent

Claire Paris

Paris Group Realty LLC License #200309285

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 1970

Lot Details

  • 8,276 Sq Ft Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Membrane Roofing
  • Built-Up Roof
  • Metal Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,093 Sq Ft Home
  • 2-Story Property
  • Seasonal Views

Basement

  • Crawl Space
  • Basement Storage

Location

  • Property is near a bus stop

Schools

  • Powell Valley Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number R154708

Community Details

Overview

  • 2 Units
  • Powell Valley Subdivision

Building Details

  • Operating Expense $4,523
  • Gross Income $38,100
  • Net Operating Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,523

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1970
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 511430.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, StorageSpace
  • Storage: Attached,Basement
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: MetalSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Roof: BuiltUp, Membrane
  • View: Seasonal

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Cooling: WindowUnit
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Powell Valley
  • High School: Sam Barlow
  • Middle Or Junior School: Gordon Russell

Lot Info

  • Zoning: LDR
  • Lot Size Acres: 0.19
  • Lot Size: 8374
  • Lot Size Sq Ft: 8276.0
  • Parcel #: R154708

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4522.99

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.91
  • Annual Gross Income: 38100.0
  • Property Net Operating Income: 13200.0
  • Annual Operating Expense: 4523.0

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Sep 12, 2024
Sold by
Bebb Nicole G and Mettler Nicole
Bought by
Martinez Daniel and Melgarejo Vanessa
Seller's Agent
Scott Edelman
Think Real Estate
Buyer's Agent
Claire Paris
Paris Group Realty LLC
List Price
$530,000
Sold Price
$511,430
Premium/Discount to List
-$18,570
-3.5%
Views
5
Current Estimated Value
$512,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,365
Avg. Annual Appreciation
0.21%
Original Mortgage
$502,165
Outstanding Balance
$496,329
Interest Rate
6.73%
Mortgage Type
FHA
Estimated Equity
$16,466

Purchase Details

Closed on
Aug 19, 2021
Sold by
Bebb Nicole
Bought by
Bebb Nicole G and Mettler Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2017
Closed on
Oct 31, 2017
Sold by
Alibabaie Javan
Bought by
Bebb Nicole
Seller's Agent
Matthew Gillgam
The Broker Network, LLC
Buyer's Agent
Robyn Warren
Keller Williams Sunset Corridor
List Price
$329,900
Sold Price
$329,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$323,924
Interest Rate
3.83%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 18, 2013
Closed on
Mar 20, 2014
Sold by
Ditterick Ronald P
Bought by
Alibabaie Javan
Seller's Agent
Cody Gibson
Keller Williams PDX Central
Buyer's Agent
Matthew Gillgam
The Broker Network, LLC
List Price
$205,000
Sold Price
$200,000
Premium/Discount to List
-$5,000
-2.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$196,377
Interest Rate
4.18%
Mortgage Type
FHA

Purchase Details

Closed on
May 19, 2006
Sold by
Rankin A Loriene
Bought by
Ditterick Ronald P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,000
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 8, 1998
Sold by
Chisum Betty L
Bought by
Rankin A Loriene and Wahus Geneva
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martinez Daniel $511,430 Fidelity National Title
Bebb Nicole G -- Lawyers Title
Bebb Nicole $329,900 Fidelity Natl Title Co Of Or
Alibabaie Javan $200,000 Chicago Title Company Oregon
Ditterick Ronald P $180,000 First American
Rankin A Loriene $150,000 Pacific Nw Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Daniel $502,165
Previous Owner Bebb Nicole G $327,500
Previous Owner Bebb Nicole $323,924
Previous Owner Alibabaie Javan $196,377
Previous Owner Ditterick Ronald P $162,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/17/2024 09/17/24 Sold $511,430 -3.5% $244 / Sq Ft
07/31/2024 07/31/24 Pending -- -- --
07/24/2024 07/24/24 For Sale $530,000 +60.7% $253 / Sq Ft
10/31/2017 10/31/17 Sold $329,900 0.0% $138 / Sq Ft View Prior Sale
10/05/2017 10/05/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $329,900 +65.0% $138 / Sq Ft
03/20/2014 03/20/14 Sold $200,000 -2.4% $84 / Sq Ft View Prior Sale
02/05/2014 02/05/14 Pending -- -- --
11/18/2013 11/18/13 For Sale $205,000 -- $86 / 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
2025 $5,186 $254,850 -- --
2024 $4,964 $247,430 -- --
2023 $4,523 $240,230 $0 $0
2022 $4,397 $233,240 $0 $0
2021 $4,286 $226,450 $0 $0
2020 $4,033 $219,860 $0 $0
2019 $3,927 $213,460 $0 $0
2018 $3,745 $207,250 $0 $0
2017 $3,593 $201,220 $0 $0
2016 $3,168 $195,360 $0 $0
2015 $3,099 $189,670 $0 $0
2014 $2,980 $184,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24018032

Regional Multiple Listing Service (RMLS)

APN: R154708