Seller's Agent in 2022
Leilani Powell
Found It LLC
(503) 804-0587
3 in this area
73 Total Sales
3307 3309 SE 12th St Gresham, OR 97080
Kelly Creek NeighborhoodEstimated Value: $482,000 - $511,000
4
Beds
2
Baths
1,824
Sq Ft
$272/Sq Ft
Est. Value
Highlights
- Forced Air Heating System
- Garage
- Wood Siding
About This Home
As of December 2022Easy opportunity for handy investor or someone who wants to start their real estate investment journey. Both sides rented mo to mo. Property has two units- each w/ 2 bedrooms & a single bathroom, laundry hookups, & garage, plus driveway parking. The large level back yards are fully fenced & separated. Interior of units are in great condition. 1 with a recently replaced water heater (3309). Seller is motived and may consider all offers!!
Last Agent to Sell the Property
Found It LLC License #201206142 Listed on: 10/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,433
Year Built
- Built in 1981
Lot Details
- 10,454
Parking
- Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 1,824 Sq Ft Home
- Crawl Space
Schools
- Kelly Creek Elementary School
- Gordon Russell Middle School
- Sam Barlow High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Rent includes sewer, water
- Assessor Parcel Number R242938
Community Details
Overview
- 2 Units
Building Details
- Operating Expense $7,633
- Gross Income $28,800
- Net Operating Income $21,167
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2022
Closed on
Dec 21, 2022
Sold by
Tower Hill Limited Partnership
Bought by
Arabadji Evgheni and Arabadji Liya
Seller's Agent
Leilani Powell
Found It LLC
Buyer's Agent
Eduard Anishchenko
Better Homes & Gardens Realty
List Price
$449,000
Sold Price
$417,500
Premium/Discount to List
-$31,500
-7.02%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,259
Avg. Annual Appreciation
5.74%
Original Mortgage
$375,750
Outstanding Balance
$364,373
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$131,386
Purchase Details
Closed on
Jun 2, 2005
Sold by
Johnson Armand Jay
Bought by
Tower Hill Lp
Purchase Details
Closed on
Mar 1, 2004
Sold by
Johnson Armand J
Bought by
Tower Hill Lp
Purchase Details
Closed on
Jul 15, 2002
Sold by
Tower Hill Ltd Partnership
Bought by
Johnson Armand J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 2002
Sold by
Abrams Edna M
Bought by
Tower Hill Ltd Partnership
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Arabadji Evgheni | $417,500 | Ticor Title | |
| Tower Hill Lp | -- | -- | |
| Tower Hill Lp | -- | -- | |
| Johnson Armand J | -- | Ticor Title | |
| Tower Hill Ltd Partnership | $76,000 | Ticor Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Arabadji Evgheni | $375,750 | |
| Previous Owner | Johnson Armand J | $117,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2022 12/06/22 | Sold | $417,500 | -7.0% | $229 / Sq Ft |
| 11/06/2022 11/06/22 | Pending | -- | -- | -- |
| 10/11/2022 10/11/22 | For Sale | $449,000 | -- | $246 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
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 | $5,666 | $278,440 | -- | -- |
| 2024 | $5,424 | $270,330 | -- | -- |
| 2023 | $5,424 | $248,470 | -- | -- |
| 2022 | $4,547 | $241,240 | $0 | $0 |
| 2021 | $4,433 | $234,220 | $0 | $0 |
| 2020 | $4,171 | $227,400 | $0 | $0 |
| 2019 | $4,062 | $220,780 | $0 | $0 |
| 2018 | $3,873 | $214,350 | $0 | $0 |
| 2017 | $3,716 | $208,110 | $0 | $0 |
| 2016 | $3,276 | $202,050 | $0 | $0 |
| 2015 | $3,205 | $196,170 | $0 | $0 |
| 2014 | $3,127 | $190,460 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Leilani Powell
-
Eduard Anishchenko
E
Buyer's Agent in 2022
Eduard Anishchenko
Better Homes & Gardens Realty
(503) 888-1504
3 in this area
132 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 22155935
APN: R242938
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 © 2025 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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