NOT LISTED FOR SALE

3427 NE 8th St Unit 3455 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $519,000 - $575,000

4 Beds
2 Baths
2,064 Sq Ft
$262/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $370,000 $179 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,320/month

3 Days on Market

Highlights

  • Storage
  • Garage
  • Level Lot
  • Parking Storage or Cabinetry

About This Home

As of August 2019

Here is your chance to own a fully rented and very nice duplex. This property is in great condition with lots of updates and is easy to rent. Fully fenced corner lot, garages, off street parking and mini split heat and A/C units. Nothing to do but buy it.

Last Agent to Sell the Property

John McClung

Harcourts Real Estate Network Group License #940300096 Listed on: 07/05/2019

Harcourts Real Estate Network Group

Co-Listed By

Hollie McClung

Harcourts Real Estate Network Group License #940300095

Last Buyer's Agent

Rob Young

Legacy Realty Group License #871100150

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 1978

Lot Details

  • 8,015

Interior Spaces

  • Storage
  • Washer and Dryer Hookup
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Parking Storage or Cabinetry

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,607

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1978
  • Property Condition: Existing
  • Remarks Public: Here is your chance to own a fully rented and very nice duplex. This property is in great condition with lots of updates and is easy to rent. Fully fenced corner lot, garages, off street parking and mini split heat and A/C units. Nothing to do but buy it.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUGARBUSH, BLOCK 2, LOT 1
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Aluminum
  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Central Air
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Refrigerator, Storage, Washer/Dryer Hookup

Schools

  • Elementary School: Hall
  • High School: Sam Barlow

Lot Info

  • Lot Description: Level
  • Zoning: multi

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 4229.31
  • Assessor Parcel Number: R278326
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.76

MLS Schools

  • Elementary School: Hall
  • High School: Sam Barlow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2019
Closed on
Aug 15, 2019
Sold by
Pogue Cathy L
Bought by
Chase Debbie J
Seller's Agent
John McClung
Harcourts Real Estate Network Group
Buyer's Agent
Rob Young
Legacy Realty Group
List Price
$359,900
Sold Price
$370,000
Premium/Discount to List
$10,100
2.81%
Current Estimated Value
$540,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,198
Avg. Annual Appreciation
6.22%
Original Mortgage
$277,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 29, 2012
Closed on
Dec 23, 2015
Sold by
Gibbs James D
Bought by
Pogue Cathy L
Seller's Agent
Rich Stark
Rich Stark Realty
Buyer's Agent
Rich Stark
Rich Stark Realty
List Price
$257,000
Sold Price
$259,000
Premium/Discount to List
$2,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.38%
Original Mortgage
$254,308
Interest Rate
3.96%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2005
Sold by
Vandiest Gale Eugene
Bought by
Gibbs James D and Gibbs Cathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,100
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2005
Sold by
Vandiest Gale Eugene
Bought by
Vandiest Gale Eugene and Van Diest Dorothy Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,100
Interest Rate
5.93%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 9, 2003
Sold by
Vandiest Gale Eugene
Bought by
Vandiest Gale Eugene and Vandiest Dorothy Jean
Source: Public Records

Range of Values:

Collateral Analytics

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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
Chase Debbie J $370,000 First American
Pogue Cathy L $259,000 Wfg Title
Gibbs James D $238,000 Ticor Title Insurance Compan
Vandiest Gale Eugene -- --
Vandiest Gale Eugene -- --
Vandiest Gale Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chase Debbie J $260,000
Closed Chase Debbie J $277,500
Previous Owner Pogue Cathy L $31,500
Previous Owner Pogue Cathy L $259,500
Previous Owner Pogue Cathy L $254,308
Previous Owner Gibbs James D $183,000
Previous Owner Gibbs James D $25,100
Previous Owner Gibbs James D $189,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $370,000 +2.8% $179 / Sq Ft
07/08/2019 07/08/19 Pending -- -- --
07/05/2019 07/05/19 For Sale $359,900 +39.0% $174 / Sq Ft
01/06/2016 01/06/16 Sold $259,000 +0.8% $125 / Sq Ft
10/21/2015 10/21/15 Pending -- -- --
10/29/2012 10/29/12 For Sale $257,000 -- $125 / 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
2024 $5,607 $279,480 -- --
2023 $5,607 $271,340 $0 $0
2022 $4,966 $263,440 $0 $0
2021 $4,841 $255,770 $0 $0
2020 $4,555 $248,330 $0 $0
2019 $4,436 $241,100 $0 $0
2018 $4,229 $234,080 $0 $0
2017 $4,058 $227,270 $0 $0
2016 $3,578 $220,660 $0 $0
2015 $3,501 $214,240 $0 $0
2014 $3,352 $208,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John McClung

    Seller's Agent in 2019

    John McClung

    Harcourts Real Estate Network Group

    (503) 807-5711

    167 Total Sales

    John McClung
    Section Image
  • Hollie McClung

    Seller Co-Listing Agent in 2019

    Hollie McClung

    Harcourts Real Estate Network Group

    (503) 807-5710

    45 Total Sales

    Hollie McClung
    Section Image

  • R

    Buyer's Agent in 2019

    Rob Young

    Legacy Realty Group

    (503) 890-5863

    59 Total Sales

    Rob Young
    Section Image
  • Rich Stark

    Seller's Agent in 2016

    Rich Stark

    Rich Stark Realty

    (503) 577-2351

    1 in this area

    37 Total Sales

    Rich Stark
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19049318

Regional Multiple Listing Service (RMLS)

APN: R278326

Oregon Multnomah County Gresham 97030 Powell Valley

3427 NE 8th St Unit 3455, Gresham, OR

This home is located at 3427 NE 8th St Unit 3455, Gresham, OR 97030 since 05 July 2019 and is currently estimated at $540,198, approximately $261 per square foot. This property was built in 1978. 3427 NE 8th St Unit 3455 is a home located in Multnomah County with nearby schools including Powell Valley Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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