NOT LISTED FOR SALE

3590 NE 8th St Unit 3600 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $530,355 - $569,000

6 Beds
4 Baths
1,950 Sq Ft
$281/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $588,500 $302 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $3,466/month

7 Days on Market

Highlights

  • Seasonal View
  • Landscaped with Trees
  • Garage
  • Cooling Available
  • Forced Air Heating System
  • Lap Siding

About This Home

As of July 2022

Rare finding investment opportunity with great cash flow. Updated single level duplex in fantastic location. Great long-term tenant in both units on month-to-month rent. Both sides have extensive renovation. Separate laundry rooms. AC unit. Extra deep garages. Fully fenced back yard. New roof from 2021.Newer windows. Unit 3590 was recently updated with new floor, new wall, new stove and new fridge. Short drive to stores, schools, HWY, hospital and much more. Buyer to verify sq footage.

Last Listed By

Xin Dudley

Premiere Property Group, LLC License #201214532 Listed on: 05/20/2022

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1974

Lot Details

  • 8,059

Parking

  • Garage

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation

Schools

  • Hall Elementary School
  • Gordon Russell Middle School
  • Sam Barlow High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Seasonal Views
  • Crawl Space
  • Landscaped with Trees

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R262973

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $8,354
  • Gross Income $46,200
  • Net Operating Income $37,846

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,656

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1974
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Unknown
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: LDR-7
  • Parcel #: R262973

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4655.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.88
  • Annual Gross Income: 46200.0
  • Property Net Operating Income: 37846.0
  • Annual Operating Expense: 8354.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jun 20, 2022
Sold by
Yi Sui
Bought by
Hasbun Jorge and Nosthas-Hasbun Maria Elizabeth
Seller's Agent
Xin Dudley
Premiere Property Group, LLC
Buyer's Agent
Jorge Hasbun
MORE Realty
List Price
$595,000
Sold Price
$588,500
Premium/Discount to List
-$6,500
-1.09%
Total Days on Market
7
Current Estimated Value
$547,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$40,911
Avg. Annual Appreciation
-3.43%
Original Mortgage
$423,750
Outstanding Balance
$408,204
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$124,749

Purchase Details

Listed on
Nov 27, 2019
Closed on
Feb 26, 2020
Sold by
Carlson David J
Bought by
Sui Yi
Seller's Agent
David Carlson
Premiere Property Group, LLC
Buyer's Agent
Carina Liu
Berkshire Hathaway HomeServices NW Real Estate
List Price
$519,900
Sold Price
$480,000
Premium/Discount to List
-$39,900
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%
Original Mortgage
$360,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1997
Sold by
Niemeyer Craig A
Bought by
Carlson David J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 1996
Sold by
Krebs Orville
Bought by
Niemeyer Craig A and Niemeyer Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,750
Interest Rate
9.75%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hasbun Jorge $588,500 Lawyers Title
Sui Yi $480,000 Lawyers Title
Carlson David J $150,000 First American Title Ins Co
Niemeyer Craig A $145,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hasbun Jorge $423,750
Previous Owner Sui Yi $360,000
Previous Owner Carlson David J $88,700
Previous Owner Carlson David J $48,000
Previous Owner Carlson David J $120,000
Previous Owner Niemeyer Craig A $108,750
Closed Carlson David J $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $588,500 -1.1% $302 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/20/2022 05/20/22 For Sale $595,000 +24.0% $305 / Sq Ft
02/28/2020 02/28/20 Sold $480,000 -7.7% $227 / Sq Ft
01/20/2020 01/20/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $519,900 -- $246 / 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 $5,156 $273,830 $0 $0
2022 $4,776 $253,350 $0 $0
2021 $4,656 $245,980 $0 $0
2020 $4,380 $238,823 $0 $0
2019 $3,969 $215,760 $0 $0
2018 $3,785 $209,480 $0 $0
2017 $3,631 $203,380 $0 $0
2016 $3,202 $197,460 $0 $0
2015 $3,132 $191,710 $0 $0
2014 $2,993 $186,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Xin Dudley

    Seller's Agent in 2022

    Xin Dudley

    Premiere Property Group, LLC

    (770) 825-1511

    1 in this area

    92 Total Sales

    Xin Dudley
    Section Image

  • J

    Buyer's Agent in 2022

    Jorge Hasbun

    MORE Realty

    (503) 998-1426

    2 in this area

    50 Total Sales

    Jorge Hasbun
    Section Image

  • D

    Seller's Agent in 2020

    David Carlson

    Premiere Property Group, LLC

    (503) 670-9000

    1 Total Sale

    David Carlson
    Section Image
  • Christina Zeilenga

    Seller Co-Listing Agent in 2020

    Christina Zeilenga

    Premiere Property Group, LLC

    (503) 939-1183

    1 Total Sale

    Christina Zeilenga
    Section Image
  • Carina Liu

    Buyer's Agent in 2020

    Carina Liu

    BHHS Oregon- Northwest

    (503) 705-5389

    170 Total Sales

    Carina Liu
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22333916

Regional Multiple Listing Service (RMLS)

APN: R262973

Oregon Multnomah County Gresham 97030 Powell Valley

3590 NE 8th St Unit 3600, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 3590 NE 8th St Unit 3600, Gresham, OR 97030 since 20 May 2022 and is currently estimated at $547,589, approximately $280 per square foot. This property was built in 1974. 3590 NE 8th St Unit 3600 is a home located in Multnomah County with nearby schools including Powell Valley Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.