NOT LISTED FOR SALE

405 Columbia Ave Gladstone, OR 97027

Estimated Value: $453,000 - $487,000

4 Beds
2 Baths
1,692 Sq Ft
$276/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $460,000 $272 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,880/month

1 Day on Market

Highlights

  • Corner Lot
  • Storage
  • Wood Siding
  • Cooling Available
  • Zoned Heating
  • 4-minute walk to Max Patterson Park

About This Home

As of April 2023

Sweet Gladstone duplex offers one level living. Fully rented. Updated roof and exterior paint. Well situated to shopping and freeway access.

Last Agent to Sell the Property

Christina Hamilton

RE/MAX Equity Group License #891200289 Listed on: 03/01/2023

RE/MAX Equity Group

Last Buyer's Agent

Christina Hamilton

RE/MAX Equity Group License #891200289 Listed on: 03/01/2023

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1960

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Flat Roof Shape
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,692 Sq Ft Home
  • 1-Story Property
  • Storage
  • Crawl Space

Schools

  • John Wetten Elementary School
  • Kraxberger Middle School
  • Gladstone High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Electric Water Heater

Community Details

  • 2 Units
  • Gross Income $27,540

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 00532775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,809

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1960
  • Property Condition: Approximately
  • Unreinforced Masonry Building: NA
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: IndividualStorageUnits
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Roof: Flat

Garage/Parking

  • Parking Description: Carport
  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

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

Schools

  • Elementary School: John Wetten
  • High School: Gladstone
  • Middle Or Junior School: Kraxberger

Lot Info

  • Zoning: R5
  • Parcel #: 00532775

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 3809.16

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.7
  • Annual Gross Income: 27540.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 4, 2023
Sold by
William J Hamann Trust
Bought by
Nicholson Marie Y and Nicholson Kevin Lee
Seller's Agent
Christina Hamilton
RE/MAX Equity Group
Buyer's Agent
Christina Hamilton
RE/MAX Equity Group
List Price
$460,000
Sold Price
$460,000
Current Estimated Value
$466,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,934
Avg. Annual Appreciation
0.62%
Original Mortgage
$437,000
Outstanding Balance
$425,090
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$41,844

Purchase Details

Closed on
Feb 24, 2015
Sold by
Hamann William J
Bought by
Hamann William J and William J Hamann Trust
Source: Public Records

Range of Values:

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Average Value
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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
Nicholson Marie Y $460,000 Wfg Title
Hamann William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nicholson Marie Y $437,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2023 04/06/23 Sold $460,000 0.0% $272 / Sq Ft
03/02/2023 03/02/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $460,000 -- $272 / 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
2024 $4,096 $202,990 -- --
2023 $4,096 $197,078 $0 $0
2022 $3,809 $191,338 $0 $0
2021 $3,669 $185,766 $0 $0
2020 $3,582 $180,356 $0 $0
2019 $3,540 $175,103 $0 $0
2018 $3,411 $170,003 $0 $0
2017 $3,309 $165,051 $0 $0
2016 $3,200 $160,244 $0 $0
2015 $3,095 $155,577 $0 $0
2014 $3,011 $151,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Christina Hamilton

    Seller's Agent in 2023

    Christina Hamilton

    RE/MAX

    (503) 860-4498

    2 in this area

    140 Total Sales

    Christina Hamilton
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23150353

Regional Multiple Listing Service (RMLS)

APN: 00532775

Oregon Clackamas County Gladstone 97027

405 Columbia Ave, Gladstone, OR

This home is located at 405 Columbia Ave, Gladstone, OR 97027 since 01 March 2023 and is currently estimated at $466,934, approximately $275 per square foot. This property was built in 1960. 405 Columbia Ave is a home located in Clackamas County with nearby schools including John Wetten Elementary School, Walter L Kraxberger Middle School, and Gladstone 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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