NOT LISTED FOR SALE

3404 SE 11th St Unit 3406 Gresham, OR 97080

Kelly Creek Neighborhood

Estimated Value: $469,000 - $510,000

4 Beds
2 Baths
1,820 Sq Ft
$271/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $409,500 $225 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,116/month

7 Days on Market

Highlights

  • Attached Garage
  • Forced Air Heating System
  • Level Lot

About This Home

As of September 2021

LIVE-IN INVESTMENT! Great Opportunity for investors or an owner occupy. These units are 2 bedroom 1 bath with laundry and attached garages. Please do not disturb tenants, drive-by's only. Offers subject to interior inspection. Long term tenants, rents are low. Great location, one level.

Last Agent to Sell the Property

Michael Patrick

John L. Scott Portland Metro License #200302182 Listed on: 07/20/2021

John L. Scott Portland Metro

Last Buyer's Agent

Michael Patrick

John L. Scott Portland Metro License #200302182 Listed on: 07/20/2021

John L. Scott Portland Metro

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,090

Year Built

  • Built in 1981

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • Crawl Space

Schools

  • Hogan Cedars Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R242917

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $6,181
  • Gross Income $16,500
  • Net Operating Income $10,369

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,090

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1981
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Other
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: RES
  • Parcel #: R242917

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 4089.86

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 24.24
  • Annual Gross Income: 16500.0
  • Property Net Operating Income: 10369.0
  • Annual Operating Expense: 6181.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 26, 2021
Sold by
Idding Allen and Idding Sonna
Bought by
Udl Rentals Llc
Seller's Agent
Michael Patrick
John L. Scott Portland Metro
Buyer's Agent
Michael Patrick
John L. Scott Portland Metro
List Price
$399,995
Sold Price
$409,500
Premium/Discount to List
$9,505
2.38%
Total Days on Market
7
Current Estimated Value
$492,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,215
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Aug 24, 2000
Sold by
Olvera Fernando
Bought by
Olvera Ona
Source: Public Records

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Range of Values:

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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
Udl Rentals Llc $409,500 Fidelity Natl Ttl Co Of Or
Olvera Ona -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iddings Allen $126,000
Previous Owner Iddings Allen $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $409,500 +2.4% $225 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $399,995 -- $220 / 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 $4,587 $243,630 $0 $0
2022 $4,459 $236,540 $0 $0
2021 $4,347 $229,660 $0 $0
2020 $4,090 $222,980 $0 $0
2019 $3,983 $216,490 $0 $0
2018 $3,798 $210,190 $0 $0
2017 $3,644 $204,070 $0 $0
2016 $3,213 $198,130 $0 $0
2015 $3,143 $192,360 $0 $0
2014 $3,049 $186,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Patrick

    Seller's Agent in 2021

    Michael Patrick

    John L. Scott Portland Metro

    (503) 481-0900

    2 in this area

    18 Total Sales

    Michael Patrick
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21095368

Regional Multiple Listing Service (RMLS)

APN: R242917

Oregon Multnomah County Gresham 97080 Kelly Creek

3404 SE 11th St Unit 3406, Gresham, OR

This home is located at 3404 SE 11th St Unit 3406, Gresham, OR 97080 since 20 July 2021 and is currently estimated at $492,715, approximately $270 per square foot. This property was built in 1981. 3404 SE 11th St Unit 3406 is a home located in Multnomah County with nearby schools including Kelly Creek Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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