NOT LISTED FOR SALE

3736 NE 8th St Unit 3738 Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $503,805 - $551,000

6 Beds
4 Baths
2,050 Sq Ft
$262/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $490,000 $239 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,245/month

3 Days on Market

Highlights

  • Private Lot
  • Parking Storage or Cabinetry
  • 1-Story Property
  • Fireplace
  • Garage

About This Home

As of March 2022

Offer deadline Thurs 1/20 @5pm. Smart investment opportunity! Each unit has some updates, fully fenced yards, individual garages, off street parking and a new 30 year roof in 2016. Identical floor plans for both units that consist of 3 bedrooms, 1.5 baths each. Don't miss this rental income opportunity in a desirable Gresham neighborhood. PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Holly Koester

All County Real Estate License #201222391 Listed on: 01/18/2022

Co-Listed By

Adelaide Johnson

Oregon Digs Real Estate License #201235428

Last Buyer's Agent

Marcus Fullard-Leo

Village Realty Inc. License #960100078

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1975

Lot Details

  • Private Lot
  • Level Lot

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space
  • Dishwasher
  • Washer and Dryer Hookup

Parking

  • Garage
  • Parking Storage or Cabinetry

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, water

Property Details

Home Type

Multi-Family

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2050
  • Stories: 1
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LONE PINE ACRES, LOT 2
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5K-6,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level, Private
  • Zoning: LDR

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Amount: 4093.72
  • Assessor Parcel Number: R208343
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 18.00

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 18, 2022
Closed on
Mar 16, 2022
Sold by
Gerald Rohner
Bought by
Muzica Victor and Muzica Natalia
Seller's Agent
Holly Koester
All County Real Estate
Buyer's Agent
Marcus Fullard-Leo
Village Realty Inc.
List Price
$459,000
Sold Price
$490,000
Premium/Discount to List
$31,000
6.75%
Current Estimated Value
$537,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,201
Avg. Annual Appreciation
2.48%
Original Mortgage
$367,500
Outstanding Balance
$342,469
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$194,732

Purchase Details

Closed on
Dec 7, 2012
Sold by
Rohner Jerry
Bought by
Rohner Gerald and Rohner Leesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,650
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2009
Sold by
Rohner Jerry L
Bought by
Rohner Jerry and Rohner Leesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
4.91%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Sep 30, 2004
Sold by
Gomez Salvador Y
Bought by
Rohner Jerry L and Rohner Leesa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1998
Sold by
Gomez Salvador Y
Bought by
Gomez Salvador Y and Gomez Bertha P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Muzica Victor $490,000 Old Republic Title
Rohner Gerald -- Fidelity Natl Title Co Of Or
Rohner Jerry -- Fidelity Natl Title Co Of Or
Rohner Jerry L $210,000 Fidelity Natl Title Co Of Or
Gomez Salvador Y -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muzica Victor $367,500
Previous Owner Rohner Gerald $187,650
Previous Owner Rohner Jerry $199,500
Previous Owner Rohner Jerry L $168,000
Previous Owner Gomez Salvador Y $59,000
Closed Rohner Jerry L $42,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $490,000 +6.8% $239 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $459,000 -- $224 / 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 $5,265 $258,710 -- --
2024 $5,040 $251,180 -- --
2023 $4,592 $243,870 $0 $0
2022 $4,463 $236,770 $0 $0
2021 $4,351 $229,880 $0 $0
2020 $4,094 $223,190 $0 $0
2019 $3,987 $216,690 $0 $0
2018 $3,801 $210,380 $0 $0
2017 $3,647 $204,260 $0 $0
2016 $3,216 $198,320 $0 $0
2015 $3,146 $192,550 $0 $0
2014 $3,019 $186,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2022

    Holly Koester

    All County Real Estate

    (971) 998-5169

    1 in this area

    61 Total Sales

    Holly Koester
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Adelaide Johnson

    Oregon Digs Real Estate

  • Marcus Fullard-Leo

    Buyer's Agent in 2022

    Marcus Fullard-Leo

    Village Realty Inc.

    (503) 669-9999

    1 in this area

    49 Total Sales

    Marcus Fullard-Leo
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22692320

Regional Multiple Listing Service (RMLS)

APN: R208343

Oregon Multnomah County Gresham 97030 Powell Valley

3736 NE 8th St Unit 3738, Gresham, OR

Not Listed for Sale

MultiFamily

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