NOT LISTED FOR SALE

408 SE 4th St Gresham, OR 97080

Historic Southeast Neighborhood

Estimated Value: $351,000 - $371,000

2 Beds
1 Bath
1,050 Sq Ft
$347/Sq Ft Est. Value

Last Sold May 23, 2018

Last sale price $280,000 $267 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,196/month

3 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Dining Room
  • Living Room
  • Zoned Heating
  • Family Room

About This Home

As of May 2018

Located in Historic Southeast Gresham, this charming bungalow has a bedroom on the main, yoga room/office off the mud room, and bedroom up in the finished attic. Like new shed in backyard for storage as well as older shed for gardening tools. Raised flower beds, fully fenced. Walk to Main City Park, Springwater Corridor, Movie Theatre and Main Street. Windows and roof are less than 10 years old. Super clean and move in ready

Last Agent to Sell the Property

Monique Farinha

Premiere Property Group LLC License #201214612 Listed on: 04/05/2018

Premiere Property Group LLC

Last Buyer's Agent

Sara Backus

John L. Scott Portland Central License #201222887

John L. Scott Portland Central

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,986

Year Built

  • Built in 1951

Lot Details

  • 4,791 Sq Ft Lot

Home Design

  • Bungalow
  • Composition Roof
  • Shake Siding
  • Cedar

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • On-Street Parking

Schools

  • East Gresham Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Zoned Heating
  • Wall Furnace
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R205221

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,986

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 2
  • Year Built: 1951
  • Property Condition: Resale
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Bungalow
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Room 11 Features: Dishwasher,EatingArea
  • Special Features: VirtualTour

Interior Features

  • Total Bathrooms: 1.0
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Electric
  • Fireplace: No
  • Main Level Full Bathrooms: 1
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 1.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt3000to4999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Lower
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Upper
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Cedar,ShakeSiding
  • Lot Size: 3,000 to 4,999 SqFt
  • View: No
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Parking Description: Driveway, OnStreet
  • Attached Garage: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: East Gresham
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Farm: No
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.0
  • Parcel #: R205221

Green Features

  • Green Certification: No

Tax Info

  • Tax Annual Amount: 1985.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 22, 2018
Sold by
Davis Karl D
Bought by
Ross Steven and Dahl Kimberly
Seller's Agent
Monique Farinha
Premiere Property Group LLC
Buyer's Agent
Sara Backus
John L. Scott Portland Central
List Price
$265,000
Sold Price
$280,000
Premium/Discount to List
$15,000
5.66%
Current Estimated Value
$364,818

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,818
Avg. Annual Appreciation
3.17%
Original Mortgage
$222,800
Outstanding Balance
$194,280
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$156,729

Purchase Details

Closed on
May 7, 2004
Sold by
Martin Susan L
Bought by
Davis Karl D and Davis Michelle C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,680
Interest Rate
5.38%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 30, 1995
Sold by
Dolan Floyd E
Bought by
Virnig Scott B and Virnig Lori A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,055
Interest Rate
7.42%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1995
Sold by
Virnig Scott B
Bought by
Martin Susan L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,055
Interest Rate
7.42%
Mortgage Type
FHA
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
Ross Steven $280,000 First American Title
Davis Karl D $137,100 Stewart
Virnig Scott B -- Transamerica Title
Martin Susan L $82,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ross Steven $222,800
Previous Owner Davis Karl D $40,000
Previous Owner Davis Karl D $109,680
Previous Owner Martin Susan L $82,055
Closed Davis Karl D $27,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2018 05/23/18 Sold $280,000 +5.7% $267 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $265,000 -- $252 / 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 $2,500 $132,760 $0 $0
2022 $2,430 $128,900 $0 $0
2021 $2,369 $125,150 $0 $0
2020 $2,229 $121,510 $0 $0
2019 $2,171 $117,980 $0 $0
2018 $2,070 $114,550 $0 $0
2017 $1,986 $111,220 $0 $0
2016 $1,751 $107,990 $0 $0
2015 $1,713 $104,850 $0 $0
2014 $1,672 $101,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monique Farinha

    Seller's Agent in 2018

    Monique Farinha

    Premiere Property Group LLC

    (949) 355-2688

    199 Total Sales

    Monique Farinha
    Section Image
  • Sara Backus

    Buyer's Agent in 2018

    Sara Backus

    John L. Scott Portland Central

    (971) 235-6360

    44 Total Sales

    Sara Backus
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18304924

Regional Multiple Listing Service (RMLS)

APN: R205221

Oregon Multnomah County Gresham 97080 Historic Southeast

408 SE 4th St, Gresham, OR

This home is located at 408 SE 4th St, Gresham, OR 97080 since 05 April 2018 and is currently estimated at $364,818, approximately $347 per square foot. This property was built in 1951. 408 SE 4th St is a home located in Multnomah County with nearby schools including East Gresham Elementary School, Dexter McCarty Middle School, and Gresham High School.

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