NOT LISTED FOR SALE

3240 NE 8th St Unit 3320 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $539,000 - $2,008,444

14 Beds
11 Baths
1,620 Sq Ft
$701/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2014

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

Est. 43% increase in value since last sale

Current estimated payment $7,500 / 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

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
Bought by
Current Estimated Value
$1,139,683

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
Interest Rate
0.0694%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 26, 2013
Closed on
Jan 2, 2014
Sold by
Bought by
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
2.89%
Original Mortgage
$425,000
Interest Rate
0.0417%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2008
Sold by
Bought by

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
0.0622%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 21, 2003
Sold by
Bought by

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
0.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2003
Sold by
Bought by

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
0.06%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$795,000 Fidelity Natl Title Co Of Or
$600,000 First American
$547,000 First American
-- 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
Closed $1,235,000
Closed $425,000
Closed $450,000
Closed $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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