NOT LISTED FOR SALE

3427 SE 12th St Unit 3429 Gresham, OR 97080

Kelly Creek Neighborhood

Estimated Value: $504,263 - $557,000

4 Beds
2 Baths
1,820 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $520,000 $286 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,286/month

Highlights

  • Attached Garage
  • Laundry Facilities
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of August 2022

Wonderful duplex with brand new roof, open floor plans, newer wood stove and hot water heater in 1st unit. Both units have a/c, newer furnaces, fridge, d/w. Lovely brick courtyard and grass in front, charming fenced backyard with deck, garden beds and mature landscaping. Conveniently located to highways, parks and shopping. Prior tenant was family paying minimal rent, these units could easily fetch $1400+/mo according to rental websites.

Last Agent to Sell the Property

Dina Stetson

Walker Properties Residential License #201214346 Listed on: 07/21/2022

Last Buyer's Agent

Amy Cerruti

Real Broker License #201209300

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,630

Year Built

  • Built in 1981

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Unreinforced Masonry Building

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Kelly Creek Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heat Pump System

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R242934

Community Details

Building Details

  • Operating Expense $900
  • Gross Income $12,000
  • Net Operating Income $12,000

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,630

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1981
  • Unreinforced Masonry Building: Yes
  • 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: VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • 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: Gas
  • Hot Water: Electricity,Tank
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: CentralAir, Laundry

Schools

  • Elementary School: Kelly Creek
  • High School: Sam Barlow
  • Middle Or Junior School: Gordon Russell

Lot Info

  • Zoning: LDR5
  • Parcel #: R242934

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4629.98

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 42.92
  • Annual Gross Income: 12000.0
  • Property Net Operating Income: 12000.0
  • Annual Operating Expense: 900.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 11, 2022
Sold by
Timothy Flaig
Bought by
Mowlds Tyler and Mowlds Stephany Susana
Seller's Agent
Dina Stetson
Walker Properties Residential
Buyer's Agent
Amy Cerruti
Real Broker
List Price
$515,000
Sold Price
$520,000
Premium/Discount to List
$5,000
0.97%
Current Estimated Value
$535,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,566
Avg. Annual Appreciation
0.94%
Original Mortgage
$497,811
Outstanding Balance
$475,127
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$60,439

Purchase Details

Closed on
Oct 30, 2012
Sold by
Underwood Roland L
Bought by
Flaig Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,250
Interest Rate
3.43%
Mortgage Type
VA

Purchase Details

Closed on
May 25, 2010
Sold by
Zackery Ricky K
Bought by
Underwood Roland L and Koich Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 2005
Sold by
Unis Maurice
Bought by
Zackery Ricky K and Zackery Margaret C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2003
Sold by
Unis Darcy
Bought by
Unis Maurice

Purchase Details

Closed on
Jun 11, 1997
Sold by
Kennedy Karen A
Bought by
Unis Maurice and Unis Darcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 1996
Sold by
James Pamela J
Bought by
Kennedy Karen A
Source: Public Records

Range of Values:

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Average Value
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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
Mowlds Tyler $520,000 Fidelity National Title
Flaig Timothy $225,000 Chicago Title Company Oregon
Underwood Roland L $210,000 First American
Zackery Ricky K $176,000 Lawyers Title Ins
Unis Maurice -- --
Unis Maurice $160,000 First American Title Ins Co
Kennedy Karen A $150,000 Ticor Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mowlds Tyler $497,811
Previous Owner Flaig Timothy $182,250
Previous Owner Underwood Roland L $130,000
Previous Owner Zackery Ricky K $140,800
Previous Owner Unis Maurice $128,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2022 08/23/22 Sold $520,000 +1.0% $286 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $515,000 -- $283 / 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 $5,363 $267,290 -- --
2023 $4,886 $259,510 $0 $0
2022 $4,749 $251,960 $0 $0
2021 $4,630 $244,630 $0 $0
2020 $4,356 $237,510 $0 $0
2019 $4,242 $230,600 $0 $0
2018 $4,045 $223,890 $0 $0
2017 $3,881 $217,370 $0 $0
2016 $3,422 $211,040 $0 $0
2015 $3,348 $204,900 $0 $0
2014 $3,267 $198,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dina Stetson

    Seller's Agent in 2022

    Dina Stetson

    Walker Properties Residential

    (503) 310-4636

    1 in this area

    8 Total Sales

    Dina Stetson
    Section Image
  • Amy Cerruti

    Buyer's Agent in 2022

    Amy Cerruti

    Real Broker

    (503) 698-6600

    2 in this area

    65 Total Sales

    Amy Cerruti
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22646561

Regional Multiple Listing Service (RMLS)

APN: R242934

Oregon Multnomah County Gresham 97080 Kelly Creek

3427 SE 12th St Unit 3429, Gresham, OR

This home is located at 3427 SE 12th St Unit 3429, Gresham, OR 97080 since 21 July 2022 and is currently estimated at $535,566, approximately $294 per square foot. This property was built in 1981. 3427 SE 12th St Unit 3429 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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