NOT LISTED FOR SALE

401 SE 205th Place Unit 405 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $508,431 - $572,000

6 Beds
4 Baths
2,602 Sq Ft
$205/Sq Ft Est. Value

Last Sold February 15, 2019

Last sale price $379,500 $146 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,351/month

2 Days on Market

Highlights

  • RV Access or Parking
  • Attached Garage
  • Level Lot
  • Fireplace
  • Views

About This Home

As of February 2019

Excellent opportunity. Seller lives on one side. units are in great condition, very well maintained and well cared for. Each one is spacious and 1.5 baths with good size backyard, all fenced. 405 is 2 story . each unit has a garage, parking in driveway and additional parking on each side of the building/RV

Last Listed By

Mike Escobar

Metro West Realty License #960400176 Listed on: 01/15/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1976

Lot Details

  • Level Lot

Parking

  • Attached Garage
  • RV Access or Parking

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • Fireplace
  • Crawl Space
  • Property Views

Kitchen

  • Range
  • Disposal

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,750

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2602
  • Year Built: 1976
  • Property Condition: Existing
  • Remarks Public: Excellent opportunity. Seller lives on one side. units are in great condition, very well maintained and well cared for. Each one is spacious and 1.5 baths with good size backyard, all fenced. 405 is 2 story . each unit has a garage, parking in driveway and additional parking on each side of the building/RV
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CONIFER PK, BLOCK 11, LOT 4
  • Basement: Crawl Space
  • Storage: Garage(s), Individual Storage Units

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • View: Territorial
  • View: Yes

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, RV Access/Parking

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity, Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Disposal, Fireplace, Range, Washer/Dryer Hookup

Schools

  • Elementary School: North Gresham
  • High School: Gresham

Lot Info

  • Lot Description: Level
  • Zoning: MDR24

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3773.19
  • Assessor Parcel Number: R139429
  • Tax Year: 2017

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 22.44

MLS Schools

  • Elementary School: North Gresham
  • High School: Gresham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2019
Closed on
Feb 13, 2019
Sold by
Sanchez Jimenez Ruben
Bought by
Hofmann Fritz J and Hofmann Sarah E
Seller's Agent
Mike Escobar
Metro West Realty
Buyer's Agent
AnnaMarie Davault
RE/MAX Equity Group
List Price
$350,000
Sold Price
$379,500
Premium/Discount to List
$29,500
8.43%
Total Days on Market
2
Current Estimated Value
$532,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,358
Avg. Annual Appreciation
4.89%
Original Mortgage
$284,625
Outstanding Balance
$255,172
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$255,897

Purchase Details

Listed on
Jan 15, 2019
Closed on
Jan 31, 2019
Sold by
Carmon Yadira
Bought by
Sanchez Jimenez Ruben
Seller's Agent
Mike Escobar
Metro West Realty
Buyer's Agent
AnnaMarie Davault
RE/MAX Equity Group
List Price
$350,000
Sold Price
$379,500
Premium/Discount to List
$29,500
8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,625
Outstanding Balance
$255,172
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$255,897

Purchase Details

Closed on
Oct 19, 2016
Sold by
Tubbs Steven D
Bought by
Sanchez Jimenez Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,439
Interest Rate
3.44%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2008
Sold by
Tubbs Steven D
Bought by
Tubbs Steven D and Tubbs Shirley M

Purchase Details

Closed on
Sep 29, 2006
Sold by
Durmaz Barry
Bought by
Tubbs Steven D and Tubbs Shirley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 26, 2006
Sold by
Durmaz Stephen
Bought by
Durmaz Barry

Purchase Details

Closed on
Mar 31, 2005
Sold by
Durmaz Barry
Bought by
Heineman D Scott and Johnson Kurt F

Purchase Details

Closed on
Sep 24, 2004
Sold by
Durmaz Kyoko
Bought by
Durmaz Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,600
Interest Rate
5.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 26, 2002
Sold by
Equity Advantage Inc
Bought by
Durmaz Barry and Durmaz Kyoko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,560
Interest Rate
6.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2000
Sold by
Landles James L
Bought by
Equity Advantage Inc

Purchase Details

Closed on
Aug 8, 1997
Sold by
Johnson Paul V
Bought by
Landles James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
7.57%
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
Hofmann Fritz J $379,500 Ticor Title
Sanchez Jimenez Ruben -- Ticor Title
Sanchez Jimenez Ruben $307,000 Fidelity Natl Title Of Or
Tubbs Steven D -- None Available
Tubbs Steven D $283,000 Chicago Title Insurance Co
Durmaz Barry -- None Available
Heineman D Scott -- --
Durmaz Barry -- Ticor Title Insurance Compan
Durmaz Barry $213,200 First American
Equity Advantage Inc $48,223 First American Title Co
Landles James L $183,500 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hofmann Fritz J $284,625
Previous Owner Sanchez Jimenez Ruben $301,439
Previous Owner Durmaz Barry $130,000
Previous Owner Durmaz Barry $196,600
Previous Owner Durmaz Barry $170,560
Previous Owner Landles James L $138,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2019 02/15/19 Sold $379,500 +8.4% $146 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/15/2019 01/15/19 For Sale $350,000 -- $135 / 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 $4,750 $252,290 $0 $0
2022 $4,617 $244,950 $0 $0
2021 $4,501 $237,820 $0 $0
2020 $4,235 $230,900 $0 $0
2019 $4,124 $224,180 $0 $0
2018 $4,277 $217,660 $0 $0
2017 $3,773 $211,330 $0 $0
2016 $3,327 $205,180 $0 $0
2015 $3,255 $199,210 $0 $0
2014 $3,176 $193,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mike Escobar

    Seller's Agent in 2019

    Mike Escobar

    Metro West Realty

    (971) 235-9964

    1 in this area

    75 Total Sales

    Mike Escobar
    Section Image
  • AnnaMarie Davault

    Buyer's Agent in 2019

    AnnaMarie Davault

    RE/MAX

    (503) 310-7465

    93 Total Sales

    AnnaMarie Davault
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19287031

Regional Multiple Listing Service (RMLS)

APN: R139429

Oregon Multnomah County Gresham 97030 North Central

401 SE 205th Place Unit 405, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 401 SE 205th Place Unit 405, Gresham, OR 97030 since 15 January 2019 and is currently estimated at $532,858, approximately $204 per square foot. This property was built in 1976. 401 SE 205th Place Unit 405 is a home located in Multnomah County with nearby schools including North Gresham Elementary School, Clear Creek Middle School, and Gresham 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.

Nearby Homes