NOT LISTED FOR SALE

321 SE Beech Ave Unit 345 Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $459,871 - $565,000

2 Beds
1 Bath
1,560 Sq Ft
$320/Sq Ft Est. Value

Last Sold July 22, 2014

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

Est. 198% increase in value since last sale

Current estimated payment $3,013/month

259 Days on Market

Highlights

  • Air Conditioning
  • Storage
  • Wood Siding
  • Views
  • Level Lot
  • 1-Story Property

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 Agent to Sell the Property

Richard Lockwood

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

Co-Listed By

Bruce Lockwood

Century 21 North Homes Realty License #200104172

Last Buyer's Agent

Denise Spanke

Premiere Property Group, LLC License #200308154

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1977

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Storage
  • Property Views

Kitchen

  • Range
  • Dishwasher

Utilities

  • Air Conditioning
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,686

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

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
Current Estimated Value
$498,468

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
10.18%
Original Mortgage
$125,250
Outstanding Balance
$38,845
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$459,623

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
Source: Public Records

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 List to Sale Price per Sq Ft
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
2025 $4,686 $230,260 -- --
2024 $4,486 $223,560 -- --
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

    18 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

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