NOT LISTED FOR SALE

3420 SW Butler Rd Unit 3430 Gresham, OR 97080

Southwest Gresham Neighborhood

Estimated Value: $539,000 - $640,000

6 Beds
4 Baths
2,386 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $550,000 $231 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,577/month

About This Home

As of November 2021

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.

Last Agent to Sell the Property

Ben Andrews

MORE Realty License #200302052 Listed on: 10/07/2021

MORE Realty

Last Buyer's Agent

Tailor Johnson

NextHome Next Chapter License #201215249

NextHome Next Chapter

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,073

Year Built

  • Built in 1996

Lot Details

  • 10,672

Parking

  • Attached Garage

Home Design

  • Cement Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,073

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 2
  • Year Built: 1996
  • 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

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

Date Name Owned For Owner Type

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%
Current Estimated Value
$583,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,918
Avg. Annual Appreciation
1.53%
Original Mortgage
$467,500
Outstanding Balance
$427,482
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$156,436

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

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

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.
Original Mortgage
$180,000
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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 $182,000
Previous Owner Lewis Stephen C $161,000
Previous Owner Blank Robert M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $550,000 +10.0% $231 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
10/07/2021 10/07/21 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 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 $6,073 $320,690 -- --
2024 $5,817 $311,350 -- --
2023 $5,817 $302,290 $0 $0
2022 $5,044 $293,490 $0 $0
2021 $5,062 $284,950 $0 $0
2020 $4,661 $276,660 $0 $0
2019 $4,548 $268,610 $0 $0
2018 $4,362 $260,790 $0 $0
2017 $4,216 $253,200 $0 $0
2016 $4,092 $245,830 $0 $0
2015 $3,983 $238,670 $0 $0
2014 $3,800 $231,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ben Andrews

    Seller's Agent in 2021

    Ben Andrews

    MORE Realty

    (503) 290-4191

    4 in this area

    251 Total Sales

    Ben Andrews
    Section Image
  • Tailor Johnson

    Buyer's Agent in 2021

    Tailor Johnson

    NextHome Next Chapter

    (503) 593-7538

    2 in this area

    58 Total Sales

    Tailor Johnson
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21579760

Regional Multiple Listing Service (RMLS)

APN: R157232

Oregon Multnomah County Gresham 97080 Southwest Gresham

3420 SW Butler Rd Unit 3430, Gresham, OR

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