NOT LISTED FOR SALE

3240 NE 8th St Unit 3320 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $896,000 - $2,070,539

14 Beds
11 Baths
1,620 Sq Ft
$833/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2014

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

Est. 70% increase in value since last sale

Current estimated payment $8,864 / mo

61 Days on Market

Highlights

  • Corner Lot
  • Property is near bus stop
  • 4-minute walk to Kane Park
  • Fireplace
  • Wood Siding

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 Agent to Sell the Property

Mariesa Peterson

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

MORE Realty

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Open Parking
  • Assigned Parking

Home Design

  • Brick Exterior Construction
  • Wood Siding

Interior Spaces

  • Fireplace
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Property is near bus stop
  • Electric Water Heater

Community Details

  • 10 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0.83 Acres

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 11, 2022
Sold by
Easa Investments Llc
Bought by
Current Estimated Value
$1,349,885

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
$1,185,154
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$164,731

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
4.27%
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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Powell Valley, OR

  • Kris Cochran Real Estate Agent - Cochran Property Group Inc.

    Kris Cochran

    Cochran Property Group Inc.

    (971) 703-5485

    89 Total Sales

    1 in Powell Valley

    $159,000 Price

    Kris Cochran
     Section Image
  • Terry Foster Real Estate Agent - eXp Realty, LLC

    Terry Foster

    eXp Realty, LLC

    (503) 738-1929

    104 Total Sales

    3 in Powell Valley

    $320K - $500K Price Range

    Terry Foster
     Section Image
  • Bryce Rosenbaum Real Estate Agent - Harcourts Real Estate Network Group

    Bryce Rosenbaum

    Harcourts Real Estate Network Group

    (971) 339-0134

    239 Total Sales

    1 in Powell Valley

    $469,900 Price

    Bryce Rosenbaum
     Section Image
  • Margarita Wolf Real Estate Agent - MORE Realty

    Margarita Wolf

    MORE Realty

    (971) 339-4165

    14 Total Sales

    3 in Powell Valley

    $394K - $653K Price Range

    Margarita Wolf
     Section Image
  • Zak Meaut Real Estate Agent - Premiere Property Group, LLC

    Zak Meaut

    Premiere Property Group, LLC

    (971) 273-1766

    69 Total Sales

    1 in Powell Valley

    $510,000 Price

    Zak Meaut
     Section Image
  • Danny Phanphackdy Real Estate Agent - Modern Realty

    Danny Phanphackdy

    Modern Realty

    (971) 801-6972

    31 Total Sales

    1 in Powell Valley

    $265,000 Price

    Danny Phanphackdy
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $17,420 $856,030
2024 $16,675 $831,100
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

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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

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Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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