$290,000
SOLD NOV 3, 2016

3510 NE 8th St Unit 3520 Gresham, OR 97030

Powell Valley Neighborhood
5 Beds
3 Baths
1,854 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$156 Per Sq Ft

5% Above List Price

5 Days on Market

About This Home

As of February 2022

Investment opportunity. Duplex 3 bed 2 bath unit and 2 bed 1 bath unit. Attached garages. Long time renters.

Last Agent to Sell the Property

Ken Cahill

John L. Scott Portland Metro License #930400123 Listed on: 08/10/2016

John L. Scott Portland Metro

Co-Listed By

Kimberly Guzman

John L. Scott Portland Metro License #200301093

Last Buyer's Agent

Nadia Kahl

Oregon First License #870300005

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,310

Year Built

  • Built in 1974

Parking

  • Attached Garage

Home Design

  • Plywood Siding Panel T1-11

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,310

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1854
  • Year Built: 1974
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: T-111 Siding

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Utilities Included: Trash Collection, Sewer, Water

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: 101

Tax Info

  • Tax Amount: 2953.09
  • Assessor Parcel Number: R262975

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%
Current Estimated Value
$485,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,508
Avg. Annual Appreciation
-1.02%
Original Mortgage
$392,000
Outstanding Balance
$368,125
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$105,340

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
$105,340

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
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 Type Sale Price Title Company
Warranty Deed $490,000 Wfg Title
Warranty Deed $490,000 Wfg Title
Warranty Deed $290,000 Fidelity National Title Co
Warranty Deed $160,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Closed $392,000 New Conventional
Previous Owner $284,747 Stand Alone Refi Refinance Of Original Loan
Previous Owner $131,250 Unknown
Previous Owner $128,000 Purchase Money Mortgage
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

  • Samir Azer

    Seller's Agent in 2022

    Samir Azer

    eXp Realty, LLC

    (503) 750-9092

    6 in this area

    34 Total Sales

    Samir Azer
    Section Image
  • Kevin Eike

    Seller Co-Listing Agent in 2022

    Kevin Eike

    MORE Realty

    (503) 756-2863

    1 in this area

    5 Total Sales

    Kevin Eike
    Section Image
  • Laura Estrada-Marcano

    Buyer's Agent in 2022

    Laura Estrada-Marcano

    Keller Williams Realty Portland Premiere

    (503) 572-8311

    1 in this area

    29 Total Sales

    Laura Estrada-Marcano
    Section Image
  • Ken Cahill

    Seller's Agent in 2016

    Ken Cahill

    John L. Scott Portland Metro

    (503) 665-0111

    1 in this area

    124 Total Sales

    Ken Cahill
    Section Image
  • Kimberly Guzman

    Seller Co-Listing Agent in 2016

    Kimberly Guzman

    John L. Scott Portland Metro

    (503) 489-6786

    1 in this area

    95 Total Sales

    Kimberly Guzman
    Section Image

  • N

    Buyer's Agent in 2016

    Nadia Kahl

    Oregon First

See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16012274

Regional Multiple Listing Service (RMLS)

APN: R262975

Oregon Multnomah County Gresham 97030 Powell Valley

3510 NE 8th St Unit 3520, Gresham, OR

This home is located at 3510 NE 8th St Unit 3520, Gresham, OR 97030 and is currently priced at $290,000, approximately $156 per square foot. This property was built in 1974. 3510 NE 8th St Unit 3520 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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