NOT LISTED FOR SALE

3545 NE 8th St Unit 3555 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $458,000 - $523,000

4 Beds
2 Baths
1,944 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $330,000 $170 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,059/month

6 Days on Market

Highlights

  • Attached Garage
  • Geothermal Heating and Cooling
  • Level Lot
  • Storage
  • Washer and Dryer
  • 1-Story Property

About This Home

As of August 2018

Great Investment/Rental property down the street from MHCC! Well maintained duplex in nice neighborhood! Each unit has it's own garage and driveway with your own fenced backyard! New roof in 2017, 2018 new ext paint, new vanity in unit 1. Come with all appliances including washer/dryer. Do NOT disturb tenants.

Last Listed By

Lindsay Taylor

Keller Williams Realty Portland Elite License #201214856 Listed on: 07/26/2018

Keller Williams Realty Portland Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,281

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Storage
  • Washer and Dryer
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,281

Year Built

Built in 1977 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1944
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great Investment/Rental property down the street from MHCC! Well maintained duplex in nice neighborhood! Each unit has it's own garage and driveway with your own fenced backyard! New roof in 2017, 2018 new ext paint, new vanity in unit 1. Come with all appliances including washer/dryer. Do NOT disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUGARBUSH, BLOCK 2, LOT 14
  • Basement: Crawl Space
  • Storage: Attached, Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

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

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3400.40
  • Assessor Parcel Number: R278339
  • Tax Year: 2017

Multi Family

  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.70

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
Jul 26, 2018
Closed on
Aug 30, 2018
Sold by
Stolz Daniel
Bought by
Buresh Jeremiah R and Buresh Jodi M
Seller's Agent
Lindsay Taylor
Keller Williams Realty Portland Elite
Buyer's Agent
Jodi Buresh
Legacy Realty Group
List Price
$325,000
Sold Price
$330,000
Premium/Discount to List
$5,000
1.54%
Total Days on Market
6
Current Estimated Value
$487,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,324
Original Mortgage
$247,500
Outstanding Balance
$220,176
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Stolz Daniel
Bought by
Stolz Daniel and Stolz Stacy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Olsen Diana L
Bought by
Stolz Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
7.35%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 21, 2004
Sold by
Olsen Diana L
Bought by
Olsen Donald W and Olsen Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,500
Interest Rate
5.86%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 23, 2002
Sold by
Gilford Wilbert L
Bought by
Olsen Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.17%
Mortgage Type
Seller Take Back

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
Buresh Jeremiah R $330,000 Ticor Title
Stolz Daniel -- First American
Stolz Daniel $252,500 Fidelity Natl Title Co Of Or
Olsen Donald W -- Fidelity Natl Title Co Of Or
Olsen Diana L $153,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buresh Jeremiah R $247,500
Previous Owner Stolz Daniel $217,500
Previous Owner Stolz Daniel $202,000
Previous Owner Stolz Daniel $50,500
Previous Owner Olsen Donald W $143,500
Previous Owner Olsen Diana L $138,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2018 08/31/18 Sold $330,000 +1.5% $170 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
07/26/2018 07/26/18 For Sale $325,000 -- $167 / 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 $4,281 $227,390 $0 $0
2022 $4,162 $220,770 $0 $0
2021 $4,057 $214,340 $0 $0
2020 $3,817 $208,100 $0 $0
2019 $3,717 $202,040 $0 $0
2018 $3,544 $196,160 $0 $0
2017 $3,400 $190,450 $0 $0
2016 $2,998 $184,910 $0 $0
2015 $2,933 $179,530 $0 $0
2014 $2,843 $174,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18585085

Regional Multiple Listing Service (RMLS)

APN: R278339