NOT LISTED FOR SALE

3240 NE 8th St Unit 3320 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $809,000 - $1,994,861

14 Beds
11 Baths
1,620 Sq Ft
$769/Sq Ft Est. Value

Last Sold January 03, 2014

Last sale price $795,000 $491 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $8,172/month

61 Days on Market

Highlights

  • Fireplace
  • Wood Siding
  • 4-minute walk to Kane Park
  • Level Lot

About This Home

As of January 2014

Great Investment Opportunity! Well maintained 10-unit complex. Most units have been nicely updated inside & out. All units have fireplaces and a deck/patio. New comp. roofs on all 3 buildings (2013), newer vinyl windows, great location adjacent to Kane Park, convenient to public transportation, close to Mt. Hood Community College, popular restaurants/pubs and shopping. Offer subj. to interior inspection - do not disturb tenants.

Last Listed By

Mariesa Peterson

MORE Realty License #950400182 Listed on: 07/26/2013

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,192

Year Built

  • Built in 1972

Lot Details

  • 0.83

Parking

  • Open Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Fireplace
  • Level Lot
  • Electric Water Heater

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,192

Year Built

Built in 1972

Lot Details

0

Parking

20

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1972
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SECTION 11 1S 3E, TL 300 0.83 ACRES

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 20
  • Parking Description: Assigned, Open

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Common Amenities: Laundry
  • Unit Features: Dishwasher, Fireplace, Range, Washer/Dryer Hookup

Schools

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

Lot Info

  • Lot Description: On Busline, Corner, Level
  • Zoning: MDR-24

Tax Info

  • Tax Amount: 9119.07
  • Assessor Parcel Number: R339507

Multi Family

  • Unit Type: 1, 2, 3, 4, 5, 6, 7
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 9.22

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
Easa Investments Llc
Bought by
Lodi Grape Station Llc
Total Days on Market
61
Current Estimated Value
$1,245,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,235,000
Outstanding Balance
$1,207,532
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
-$93,877

Purchase Details

Listed on
Jul 26, 2013
Closed on
Jan 2, 2014
Sold by
Sparks Wade
Bought by
Easa Investments Llc
Seller's Agent
Mariesa Peterson
MORE Realty
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$849,900
Sold Price
$795,000
Premium/Discount to List
-$54,900
-6.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.01%
Original Mortgage
$425,000
Interest Rate
4.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2008
Sold by
Sath Saveth
Bought by
Sparks Wade and Sparks Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.22%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 21, 2003
Sold by
Nusbaum Jeffery L
Bought by
Sath Saveth and Sath Thida P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2003
Sold by
Web Service Co Inc
Bought by
Nusbaum Jeffery L and Nusbaum Cindalee C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6%
Mortgage Type
Unknown

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
Lodi Grape Station Llc $1,870,000 Ticor Title
Easa Investments Llc $795,000 Fidelity Natl Title Co Of Or
Sparks Wade $600,000 First American
Sath Saveth $547,000 First American
Nusbaum Jeffery L -- Fatco
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lodi Grape Station Llc $1,235,000
Previous Owner Easa Investments Llc $425,000
Previous Owner Sparks Wade $450,000
Previous Owner Sath Saveth $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2014 01/03/14 Sold $795,000 -6.5% $491 / Sq Ft
09/25/2013 09/25/13 Pending -- -- --
07/26/2013 07/26/13 For Sale $849,900 -- $525 / 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 $15,192 $806,900 $0 $0
2022 $14,767 $783,400 $0 $0
2021 $14,395 $760,590 $0 $0
2020 $13,544 $738,440 $0 $0
2019 $13,190 $716,940 $0 $0
2018 $12,576 $696,060 $0 $0
2017 $12,066 $675,790 $0 $0
2016 $10,638 $656,110 $0 $0
2015 $10,408 $637,000 $0 $0
2014 $10,155 $618,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mariesa Peterson

    Seller's Agent in 2014

    Mariesa Peterson

    MORE Realty

    (503) 997-7653

    40 Total Sales

    Mariesa Peterson
    Section Image

  • O

    Buyer's Agent in 2014

    OR and WA Non Rmls

    Non Rmls Broker

    (503) 236-7657

    10 in this area

    23,585 Total Sales

    OR and WA Non Rmls
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13337909

Regional Multiple Listing Service (RMLS)

APN: R339507

Oregon Multnomah County Gresham 97030 Powell Valley

3240 NE 8th St Unit 3320, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 3240 NE 8th St Unit 3320, Gresham, OR 97030 since 26 July 2013 and is currently estimated at $1,245,620, approximately $768 per square foot. This property was built in 1972. 3240 NE 8th St Unit 3320 is a home located in Multnomah County with nearby schools including Powell Valley Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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