NOT LISTED FOR SALE

3585 NE 8th St Unit 3595 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $502,770 - $554,000

2 Beds
1 Bath
2,096 Sq Ft
$253/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $155,000 $74 Per Sq Ft

Est. 243% increase in value since last sale

Current estimated payment $3,278/month

28 Days on Market

Highlights

  • Corner Lot
  • Parking Storage or Cabinetry
  • Garage

About This Home

As of December 2012

Great investment, desirable area. Live in one side-rent the other or rent both. Each unit 1048 sq ft, 2BR 1BA, 1 car garage. Solid buid; needs some TLC.

Last Agent to Sell the Property

James Heelan

James Heelan Real Estate License #200807137 Listed on: 11/01/2012

Last Buyer's Agent

James Heelan

James Heelan Real Estate License #200807137 Listed on: 11/01/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,745

Year Built

  • Built in 1978

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage
  • Parking Storage or Cabinetry

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,745

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2096
  • Stories: 2
  • Year Built: 1978
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: SUGARBUSH, BLOCK 2, LOT 15
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Brick, Aluminum
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Washer/Dryer Hookup

Lot Info

  • Lot Description: Corner, Level
  • Zoning: RR

Tax Info

  • Tax Amount: 3173.34
  • Assessor Parcel Number: R278340

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.16

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
Nov 1, 2012
Closed on
Dec 17, 2012
Sold by
Deutsche Bank National Trust Co
Bought by
Eads Chris and Eads Lisa A
Seller's Agent
James Heelan
James Heelan Real Estate
Buyer's Agent
James Heelan
James Heelan Real Estate
List Price
$164,900
Sold Price
$155,000
Premium/Discount to List
-$9,900
-6%
Current Estimated Value
$530,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,943
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Jul 23, 2012
Sold by
Macias Yanira
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jun 23, 2005
Sold by
Kendig Lorna
Bought by
Macias Yanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,310
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2003
Sold by
Schmid Peter J
Bought by
Kendig Lorna and Kendig Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2002
Sold by
Schmid Peter J
Bought by
Schmid Peter J and Schmid Margaret A
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 Buyer Sale Price Title Company
Eads Chris $155,000 Lsi Title Agency
Deutsche Bank National Trust Company $155,700 Accommodation
Macias Yanira $245,900 Pacific Nw Title
Kendig Lorna $164,000 Multiple
Schmid Peter J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macias Yanira $221,310
Previous Owner Kendig Lorna $131,200
Closed Kendig Lorna $32,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2012 12/20/12 Sold $155,000 -6.0% $74 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
11/01/2012 11/01/12 For Sale $164,900 -- $79 / 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
2025 $5,745 $282,310 -- --
2024 $5,499 $274,090 -- --
2023 $5,010 $266,110 $0 $0
2022 $4,870 $258,360 $0 $0
2021 $4,748 $250,840 $0 $0
2020 $4,467 $243,540 $0 $0
2019 $4,350 $236,450 $0 $0
2018 $4,148 $229,570 $0 $0
2017 $3,980 $222,890 $0 $0
2016 $3,509 $216,400 $0 $0
2015 $3,433 $210,100 $0 $0
2014 $3,258 $203,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • James Heelan

    Seller's Agent in 2012

    James Heelan

    James Heelan Real Estate

    (503) 479-8599

    James Heelan
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 12554010

Regional Multiple Listing Service (RMLS)

APN: R278340

Oregon Multnomah County Gresham 97030 Powell Valley

3585 NE 8th St Unit 3595, Gresham, OR

Not Listed for Sale

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