NOT LISTED FOR SALE

3510 NE 8th St Unit 3520 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $422,000 - $499,000

5 Beds
3 Baths
1,854 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $490,000 $264 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,984/month

8 Days on Market

About This Home

As of February 2022

great opportunity to own nice duplex on the heart of gresham .easy to shopping and public transportation ,unit 3510 has 3 bedroom and 2 bathrooms, unit 3520 has 2 bedroom and 1 bathroom and fully remodeled .duplex has new roof 2017 , new windows and exterior doors and patio doors, new exterior paint ,duplex is corner lot fenced has 6 parking spots plus street parks ,DONT DISTURB TENANTSoffer due date Monday January 10th 5pm

Last Listed By

Samir Azer

eXp Realty, LLC License #201216992 Listed on: 01/04/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1974

Lot Details

  • 8,015

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Crawl Space
  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,310

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1854
  • Year Built: 1974
  • Property Condition: Approximately
  • Remarks Public: great opportunity to own nice duplex on the heart of gresham .easy to shopping and public transportation ,unit 3510 has 3 bedroom and 2 bathrooms, unit 3520 has 2 bedroom and 1 bathroom and fully remodeled .duplex has new roof 2017 , new windows and exterior doors and patio doors, new exterior paint ,duplex is corner lot fenced has 6 parking spots plus street parks ,DONT DISTURB TENANTSoffer due date Monday January 10th 5pm
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: ROWE TERR, BLOCK 1, LOT 5
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Washer/Dryer Hookup

Schools

  • Elementary School: Powell Valley
  • Middle School: Gordon Russell
  • High School: Sam Barlow

Lot Info

  • Lot Description: Level
  • Zoning: LDR-7

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 3842.63
  • Assessor Parcel Number: R262975
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Powell Valley
  • High School: Sam Barlow
  • Middle School: Gordon Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 16, 2022
Sold by
Wefky Hanna
Bought by
Moron-Avalos Eduardo
Seller's Agent
Samir Azer
eXp Realty, LLC
Buyer's Agent
Laura Estrada-Marcano
Keller Williams Realty Portland Premiere
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%
Total Days on Market
8
Current Estimated Value
$473,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,535
Avg. Annual Appreciation
0.76%
Original Mortgage
$392,000
Outstanding Balance
$368,125
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$133,971

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 15, 2022
Sold by
Wefky Hanna
Bought by
Moron-Avalos Eduardo
Seller's Agent
Samir Azer
eXp Realty, LLC
Buyer's Agent
Laura Estrada-Marcano
Keller Williams Realty Portland Premiere
List Price
$475,000
Sold Price
$490,000
Premium/Discount to List
$15,000
3.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Outstanding Balance
$368,125
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$133,971

Purchase Details

Listed on
Aug 10, 2016
Closed on
Nov 2, 2016
Sold by
Gaines Jeffrey L
Bought by
Hanna Wefky and Botros Abeer
Seller's Agent
Ken Cahill
John L. Scott Portland Metro
Buyer's Agent
Nadia Kahl
Oregon First
List Price
$274,900
Sold Price
$290,000
Premium/Discount to List
$15,100
5.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$284,747
Interest Rate
3.42%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 2, 2002
Sold by
Gelow Herb J
Bought by
Gaines Jeffrey L and Gaines Jennifer

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
6.78%
Mortgage Type
Purchase Money Mortgage

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
Moron-Avalos Eduardo $490,000 Wfg Title
Moron-Avalos Eduardo $490,000 Wfg Title
Hanna Wefky $290,000 Fidelity National Title Co
Gaines Jeffrey L $160,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moron-Avalos Eduardo $392,000
Closed Moron-Avalos Eduardo $392,000
Previous Owner Hanna Wefky $284,747
Previous Owner Gaines Jeffrey L $131,250
Previous Owner Gaines Jeffrey L $128,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $490,000 +3.2% $264 / Sq Ft
01/12/2022 01/12/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $475,000 +63.8% $256 / Sq Ft
11/03/2016 11/03/16 Sold $290,000 +5.5% $156 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $274,900 -- $148 / 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 $4,310 $228,910 $0 $0
2022 $4,189 $222,250 $0 $0
2021 $4,084 $215,780 $0 $0
2020 $3,843 $209,500 $0 $0
2019 $3,742 $203,400 $0 $0
2018 $3,568 $197,480 $0 $0
2017 $3,423 $191,730 $0 $0
2016 $3,018 $186,150 $0 $0
2015 $2,953 $180,730 $0 $0
2014 $2,807 $175,470 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22609239

Regional Multiple Listing Service (RMLS)

APN: R262975