NOT LISTED FOR SALE

321 SE Beech Ave Unit 345 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $453,000 - $532,000

2 Beds
1 Bath
1,560 Sq Ft
$311/Sq Ft Est. Value

Last Sold July 22, 2014

Last sale price $167,000 $107 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $3,028/month

259 Days on Market

Highlights

  • Views
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of July 2014

Perfect rental opportunity! Do not disturb quiet month to month tenants in place. New roof & exterior paint, well maintained by local owner. Dedicated parking and storage. Walking Score of 85, close to Mt Hood Theater, Park, Historic Downtown Gresham & Mass Transit. A/C & W/D hookup in all units.

Last Listed By

Richard Lockwood

The Broker Network, LLC License #200203151 Listed on: 09/16/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,087

Year Built

  • Built in 1977

Lot Details

  • 8,146

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • 1-Story Property
  • Level Lot
  • Electric Water Heater
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,087

Year Built

Built in 1977

Lot Details

0

Parking

5

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1560
  • Stories: 1
  • Year Built: 1977
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: LAWRENCE ADD, BLOCK 4, LOT 1 TL 5100
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 5
  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Refrigerator, Air Conditioning

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR-5

Tax Info

  • Tax Amount: 2612.87
  • Assessor Parcel Number: R205215

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.23

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2016
Sold by
Block Patrick L
Bought by
Block Patrick L and Revocabl Karli
Total Days on Market
259
Current Estimated Value
$484,497

Purchase Details

Listed on
Sep 16, 2013
Closed on
Jul 17, 2014
Sold by
Undercoffer Esther C
Bought by
Block Patrick L and Keller Block Karli L
Seller's Agent
Richard Lockwood
The Broker Network, LLC
Buyer's Agent
Denise Spanke
Premiere Property Group, LLC
List Price
$199,000
Sold Price
$167,000
Premium/Discount to List
-$32,000
-16.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$125,250
Outstanding Balance
$47,467
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$433,749

Purchase Details

Closed on
May 1, 2006
Sold by
Crandell Melvin D and Crandell Diana J
Bought by
Undercoffer Carl J and Undercoffer Esther C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,700
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2005
Sold by
Wood Robert L
Bought by
Crandell Melvin D and Crandell Diana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,520
Interest Rate
6.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 28, 2001
Sold by
Giusto Steven F
Bought by
Wood Robert L and Wood Marylin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2000
Sold by
The Barbara L Giusto Trust
Bought by
Giusto Steven F and Giusto Connie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Block Patrick L -- None Available
Block Patrick L $167,000 Fidelity National Title Co
Undercoffer Carl J $228,500 Ticor Title Insurance Compan
Crandell Melvin D $196,650 First American
Wood Robert L $150,000 Fidelity National Title Co
Giusto Steven F $140,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Block Patrick L $125,250
Previous Owner Undercoffer Carl J $45,700
Previous Owner Undercoffer Carl J $159,950
Previous Owner Crandell Melvin D $156,520
Previous Owner Wood Robert L $120,000
Previous Owner Giusto Steven F $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2014 07/22/14 Sold $167,000 -16.1% $107 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
09/16/2013 09/16/13 For Sale $199,000 -- $128 / 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 $4,087 $217,050 $0 $0
2022 $3,972 $210,730 $0 $0
2021 $3,872 $204,600 $0 $0
2020 $3,644 $198,650 $0 $0
2019 $3,548 $192,870 $0 $0
2018 $3,383 $187,260 $0 $0
2017 $3,246 $181,810 $0 $0
2016 $2,862 $176,520 $0 $0
2015 $2,800 $171,380 $0 $0
2014 $2,678 $166,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Richard Lockwood

    The Broker Network, LLC

  • B

    Seller Co-Listing Agent in 2014

    Bruce Lockwood

    Century 21 North Homes Realty

  • Denise Spanke

    Buyer's Agent in 2014

    Denise Spanke

    Premiere Property Group, LLC

    (503) 997-8641

    23 Total Sales

    Denise Spanke
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13417760

Regional Multiple Listing Service (RMLS)

APN: R205215

Oregon Multnomah County Gresham 97080 Historic Southeast

321 SE Beech Ave Unit 345, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 321 SE Beech Ave Unit 345, Gresham, OR 97080 since 16 September 2013 and is currently estimated at $484,497, approximately $310 per square foot. This property was built in 1977. 321 SE Beech Ave Unit 345 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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