NOT LISTED FOR SALE

3970 NE 8th St Gresham, OR 97030

Powell Valley Neighborhood

Estimated Value: $424,000 - $508,000

4 Beds
2 Baths
1,620 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $370,000 $228 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,018/month

4 Days on Market

Highlights

  • Corner Lot
  • Garage
  • Lap Siding
  • Fireplace
  • High Speed Internet
  • 1-Story Property

About This Home

As of August 2021

2 bedroom duplex located on corner lot in Mt Hood Community College area of Gresham. Wonderful rental. Long term 12 and 15 yr renters. Back yard and attached Garage space too. Newer roof approx 4 years old. Needs some TLC on left side (priced accordingly) sold as is. 2nd duplex is also available for sale across street on 8th. Buy both today! Rent includes sewer and water.

Last Listed By

Debby Calhoun

Safe Harbor Realty License #200407029 Listed on: 07/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,981

Year Built

  • Built in 1975 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater
  • High Speed Internet

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,981

Year Built

Built in 1975 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1620
  • Stories: 1
  • Year Built: 1975
  • Property Condition: Updated/Remodeled
  • Remarks Public: 2 bedroom duplex located on corner lot in Mt Hood Community College area of Gresham. Wonderful rental. Long term 12 and 15 yr renters. Back yard and attached Garage space too. Newer roof approx 4 years old. Needs some TLC on left side (priced accordingly) sold as is. 2nd duplex is also available for sale across street on 8th. Buy both today! Rent includes sewer and water.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SCARBORO HEIGHTS, BLOCK 1, LOT 1
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Internet Service Type: Cable

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Corner Lot, Level
  • Zoning: LDR-7

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4046.01
  • Assessor Parcel Number: R266029
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.68

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 23, 2021
Closed on
Aug 26, 2021
Sold by
Egner R Craig
Bought by
Patrick Vincent and Patrick Lindsay
Seller's Agent
Debby Calhoun
Safe Harbor Realty
Buyer's Agent
Brian Porter
Opt
List Price
$349,999
Sold Price
$370,000
Premium/Discount to List
$20,001
5.71%
Total Days on Market
4
Current Estimated Value
$469,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,607
Avg. Annual Appreciation
6.88%
Original Mortgage
$277,500
Interest Rate
2.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Egner R Corey
Bought by
Egner R Craig

Purchase Details

Closed on
Dec 15, 2006
Sold by
Bella Vista Ii Llc
Bought by
Egner R Corey and Craig Egner R

Purchase Details

Closed on
Dec 28, 2004
Sold by
Egner R Craig
Bought by
Bella Vista Ii Llc

Purchase Details

Closed on
Sep 14, 2004
Sold by
Sweet Gary M
Bought by
Egner R Craig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,550
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

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
Patrick Vincent $370,000 Fidelity National Ttl Of Or
Egner R Craig -- Fidelity National Title
Egner R Corey -- Accommodation
Bella Vista Ii Llc -- --
Egner R Craig $195,200 Stewart
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Vince $371,000
Closed Patrick Vincent $277,500
Previous Owner Egner R Craig $156,550
Closed Egner R Craig $29,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $370,000 +5.7% $228 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $349,999 -- $216 / 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 $4,981 $241,030 $0 $0
2022 $4,411 $234,010 $0 $0
2021 $4,300 $227,200 $0 $0
2020 $4,046 $220,590 $0 $0
2019 $3,940 $214,170 $0 $0
2018 $3,757 $207,940 $0 $0
2017 $3,605 $201,890 $0 $0
2016 $3,178 $196,010 $0 $0
2015 $3,110 $190,310 $0 $0
2014 $2,914 $182,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debby Calhoun

    Seller's Agent in 2021

    Debby Calhoun

    Safe Harbor Realty

    (360) 931-8000

    3 in this area

    70 Total Sales

    Debby Calhoun
    Section Image
  • Brian Porter

    Buyer's Agent in 2021

    Brian Porter

    Opt

    (503) 810-2219

    4 in this area

    200 Total Sales

    Brian Porter
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21157537

Regional Multiple Listing Service (RMLS)

APN: R266029

Oregon Multnomah County Gresham 97030 Powell Valley

3970 NE 8th St, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 3970 NE 8th St, Gresham, OR 97030 since 23 July 2021 and is currently estimated at $469,607, approximately $289 per square foot. This property was built in 1975. 3970 NE 8th St is a home located in Multnomah County with nearby schools including Powell Valley Elementary School, Gordon Russell Middle School, and Sam Barlow High School.

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