NOT LISTED FOR SALE

3716 NE Division St Unit 3726 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $501,195 - $553,000

6 Beds
4 Baths
1,794 Sq Ft
$289/Sq Ft Est. Value

Last Sold September 16, 2020

Last sale price $460,000 $256 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,314/month

Highlights

  • Attached Garage
  • Level Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of September 2020

One of a kind fully remodeled duplex in the heart of Gresham. This home is perfect to live in one unit (Currently Vacant) and rent the other. Features include a private fenced yard, attached garage, SS appliances, newer roof, vinyl windows and more. Too many features to list but this one will not disappoint.

Last Listed By

Sean Robbins

eXp Realty LLC License #201206043 Listed on: 07/21/2020

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,883

Year Built

  • Built in 1977

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,794 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number R278325

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $14,800
  • Gross Income $40,800
  • Net Operating Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,883

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Approximately
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

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

Lot Info

  • Zoning: MF
  • Parcel #: R278325

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 3882.95

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.27
  • Annual Gross Income: 40800.0
  • Property Net Operating Income: 26000.0
  • Annual Operating Expense: 14800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2025
Sold by
Granberg Lynne and Granberg Lynne Y
Bought by
Lynne Yvette Granberg Living Trust and Granberg
Total Days on Market
0
Current Estimated Value
$518,049

Purchase Details

Listed on
Jul 21, 2020
Closed on
Aug 14, 2020
Sold by
Equity West Lth Pool Iv Llc
Bought by
Granberg Lynne Y
Seller's Agent
Sean Robbins
eXp Realty LLC
Buyer's Agent
June Taylor
The Broker Network, LLC
List Price
$415,000
Sold Price
$460,000
Premium/Discount to List
$45,000
10.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.08%
Original Mortgage
$345,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2017
Sold by
Hockert Laura M
Bought by
Ewcp Lth Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,799
Interest Rate
4.32%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 4, 2017
Sold by
Vantage Homes Llc
Bought by
Ewcp Lth Fund Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,799
Interest Rate
4.32%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 24, 2016
Sold by
Hockert Greg D
Bought by
Vantage Homes Llc

Purchase Details

Closed on
Apr 1, 2004
Sold by
Montgomery Robert H
Bought by
Hockert Greg D and Hockert Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 1999
Sold by
Montgomery Robert H
Bought by
Montgomery Robert H and Montgomery Charlotte L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 1999
Sold by
Montgomery Robert H
Bought by
Hockert Greg D and Hockert Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
8%
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
Lynne Yvette Granberg Living Trust -- None Listed On Document
Granberg Lynne Y $460,000 Wfg Title
Ewcp Lth Fund Llc $204,000 None Available
Ewcp Lth Fund Llc $1,856 None Available
Vantage Homes Llc $3,000 None Available
Hockert Greg D -- Fidelity Natl Title Co Of Or
Montgomery Robert H -- Fidelity Natl Title Co Of Or
Montgomery Robert H -- Fidelity National Title
Hockert Greg D $155,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granberg Lynne Y $345,000
Previous Owner Ewcp Lth Fund Llc $180,799
Previous Owner Hockert Greg D $275,000
Previous Owner Hockert Greg D $150,000
Previous Owner Hockert Greg D $155,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $460,000 +10.8% $256 / Sq Ft
07/21/2020 07/21/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $415,000 -- $231 / 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 $5,308 $256,860 $0 $0
2022 $4,701 $249,380 $0 $0
2021 $4,582 $242,117 $0 $0
2020 $3,987 $217,390 $0 $0
2019 $3,883 $211,060 $0 $0
2018 $3,702 $204,920 $0 $0
2017 $3,552 $198,960 $0 $0
2016 $3,132 $193,170 $0 $0
2015 $3,065 $187,550 $0 $0
2014 $2,908 $182,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Robbins

    Seller's Agent in 2020

    Sean Robbins

    eXp Realty LLC

    (949) 220-9251

    2 in this area

    260 Total Sales

    Sean Robbins
    Section Image

  • J

    Buyer's Agent in 2020

    June Taylor

    The Broker Network, LLC

    (503) 465-5077

    4 in this area

    42 Total Sales

    June Taylor
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20356482

Regional Multiple Listing Service (RMLS)

APN: R278325

Oregon Multnomah County Gresham 97030 Powell Valley

3716 NE Division St Unit 3726, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 3716 NE Division St Unit 3726, Gresham, OR 97030 since 21 July 2020 and is currently estimated at $518,049, approximately $288 per square foot. This property was built in 1977. 3716 NE Division St Unit 3726 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.

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