Remarks Public: Great opportunity to purchase a hard to find duplex. Great Gresham location each unit features 3 bed, 1.1. bath. Long term tenants would love to stay.
Special Features: None
Property Sub Type: MultiFamily
Interior Features
Legal Description: EMERALD HEIGHTS NO 4, LOT 119, N 2.25' OF LOT 120
Basement: Crawl Space
Exterior Features
Exterior Description: Cement Siding
Lot Size: 10K-14,999SF
Roof Type: Composition
Road Surface: Paved
Garage/Parking
Parking Description: Attached
Utilities
Fuel Description: Electricity
Hot Water: Electricity
Sewer: Public Sewer
Water Description: Public
Heating Description: Zoned
Schools
Elementary School: Pleasant Valley
Middle School: Centennial
High School: Centennial
Lot Info
Zoning: LDR-7
Rental Info
Rent Includes: Trash Collection
Tax Info
Tax Amount: 4661.20
Assessor Parcel Number: R157232
Tax Year: 2020
Multi Family
Unit Type: 1, 2
Number Of Units Total: 2
Gross Rent Multiplier: 16.67
MLS Schools
Elementary School: Pleasant Valley
High School: Centennial
Middle School: Centennial
Ownership History
DateNameOwned ForOwner Type
Nov 2021 - PresentMartinez Honorio and Martinez Andrea3 Years and 8 Months
Private Individual
Purchase Details
Listed on
Oct 7, 2021
Closed on
Nov 12, 2021
Sold by
Lewis Stephen C and Lewis Jonni
Bought by
Martinez Honorio and Martinez Andrea
Seller's Agent
Ben Andrews
MORE Realty
Buyer's Agent
Tailor Johnson
NextHome Next Chapter
List Price
$499,950
Sold Price
$550,000
Premium/Discount to List
$50,050
10.01%
Total Days on Market
7
Current Estimated Value
$580,443
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,443
Avg. Annual Appreciation
1.02%
Original Mortgage
$467,500
Outstanding Balance
$432,855
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$137,734
Apr 2003 - Nov 2021Lewis Stephen C and Lewis Jonni18 Years and 7 Months
Private Individual
Purchase Details
Closed on
Apr 3, 2003
Sold by
Lewis Stpehen C
Bought by
Lewis Stephen C and Lewis Jonni
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,000
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Dec 1998 - Apr 2003Lewis Stephen C4 Years and 4 Months
Private Individual
Purchase Details
Closed on
Dec 15, 1998
Sold by
Blank Robert M
Bought by
Lewis Stephen C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Jan 1996 - Dec 1998Blank Robert M2 Years and 11 Months
Private Individual
Purchase Details
Closed on
Jan 2, 1996
Sold by
B I Gentry Construction Co Inc
Bought by
Blank Robert M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Amazing Triplex Opportunity – Ideal for Owner-Occupant or Investor! Don’t miss this rare chance to own a well-maintained triplex offering investment potential or a comfortable personal living space! Each unit is identical, featuring two bedrooms and one bathroom. Fall in love with the thoughtful floorplan featuring spacious living and dining rooms, updated kitchens and a cozy fireplace to relax
Unicorn in the heart of Gresham! Rare triplex with 3, 2-bedroom, 1-bathroom units (800 sq ft each) conveniently located near shopping, dining, and public transit. This well-maintained property features a recently remodeled units, complete with luxury vinyl plank flooring. All units are fully leased. Please do not disturb tenants. This well-maintained property offers a unique investment
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ICE
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First American
First American
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Quantarium
Quantarium
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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
Martinez Honorio
$550,000
Wfg Title
Lewis Stephen C
--
Multiple
Lewis Stephen C
$230,000
First American Title Ins Co
Blank Robert M
$200,000
Oregon Title Insurance Co
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Martinez Honorio
$467,500
Previous Owner
Lewis Stephen C
$139,500
Previous Owner
Lewis Stephen C
$154,730
Previous Owner
Lewis Stephen C
$182,000
Previous Owner
Lewis Stephen C
$161,000
Previous Owner
Blank Robert M
$180,000
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
11/19/202111/19/21
Sold
$550,000
+10.0%
$231 / Sq Ft
10/14/202110/14/21
Pending
--
--
--
10/07/202110/07/21
For Sale
$499,950
--
$210 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax 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.
This home is located at 3420 SW Butler Rd Unit 3430, Gresham, OR 97080 since 07 October 2021 and is currently estimated at $580,443, approximately $243 per square foot. This property was built in 1996. 3420 SW Butler Rd Unit 3430 is a home located in Multnomah County with nearby schools including Butler Creek Elementary School, Centennial Middle School, and Centennial High School.
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