NOT LISTED FOR SALE

455 NE 18th St Unit 463 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $539,000 - $577,000

6 Beds
4 Baths
2,680 Sq Ft
$209/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $480,000 $179 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,504/month

25 Days on Market

Highlights

  • View of Trees or Woods
  • Attached Garage
  • Security Gate
  • Corner Lot
  • Cooling Available
  • Landscaped with Trees

About This Home

As of October 2020

Hard to find centrally located one level duplex units w/3 bedrooms, 2 baths & single garages-Huge master bedrooms w/full bath and dble closets-Updates incl newer composition roof, easy care vinyl siding, efficient vinyl windows, generous vinyl fenced private yards-Energy efficient heat pumps in both units for heat & central AC-One unit totally remodeled incl kitchen & baths, new carpet, spacious patio, deck & large storage building-Other unit incl remodeled master bath, fresh paint & new carpet!

Last Agent to Sell the Property

Tony Lozzi

John L. Scott Portland Metro Brokerage Phone: 503-665-0111 License #910500196 Listed on: 08/06/2020

John L. Scott Portland Metro

Co-Listed By

Kika Trnjanin

John L. Scott Portland Metro Brokerage Phone: 503-665-0111 License #200311187

Last Buyer's Agent

Chace Fraser

eXp Realty, LLC License #201226877

eXp Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,097

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot
  • Landscaped with Trees

Parking

  • Attached Garage

Home Design

  • Lap Siding
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,680 Sq Ft Home
  • 1-Story Property
  • Views of Woods
  • Crawl Space
  • Security Gate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near bus stop

Schools

  • Highland Elementary School
  • Clear Creek Middle School
  • Gresham High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Buyer refrigerator in Unit 463, washers/dryers in both units
  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R313627

Community Details

Overview

  • 2 Units
  • N Central Gresham Subdivision

Building Details

  • Operating Expense $9,260
  • Gross Income $40,680
  • Net Operating Income $31,420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,097

Year Built

Built in 1978 | Remodeled

Lot Details

0 Sq Ft Lot

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 480000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Storage: Garage
  • Total Bedrooms: 6
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,VinylSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Exclusions: Buyer refrigerator in Unit 463, washers/dryers in both units
  • View: TreesWoods

Garage/Parking

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

Utilities

  • Energy Efficiency Features: DoublePaneWindows,HeatPump,InsulationandCeilingInsulation
  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Security: SecurityGate
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Association/Amenities

  • Easement Info: None

Condo/Co-op/Association

  • Neighborhood Features: Located near schools, parks & shopping

Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle Or Junior School: Clear Creek

Lot Info

  • Zoning: RESID
  • Parcel #: R313627

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 4096.54

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.04
  • Annual Gross Income: 40680.0
  • Property Net Operating Income: 31420.0
  • Annual Operating Expense: 9260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2022
Sold by
Madhu Datla
Bought by
Tansi Investments Llc
Current Estimated Value
$558,908

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 28, 2020
Sold by
Lang Paul E
Bought by
Datla Madhu and Dendukuri Sirsha
Seller's Agent
Tony Lozzi
John L. Scott Portland Metro
Buyer's Agent
Chace Fraser
eXp Realty, LLC
List Price
$489,900
Sold Price
$480,000
Premium/Discount to List
-$9,900
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$355,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2012
Closed on
Feb 19, 2013
Sold by
Platt Ernest E
Bought by
Lang Paul E
Seller's Agent
Chris Olson
All County Real Estate
Buyer's Agent
Michael Riordan
Georgetown Realty Inc.
List Price
$225,000
Sold Price
$219,950
Premium/Discount to List
-$5,050
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$219,950
Interest Rate
3.29%
Mortgage Type
VA
Source: Public Records
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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
Tansi Investments Llc $86,000 None Listed On Document
Datla Madhu $480,000 Wfg Title
Lang Paul E $219,950 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Datla Madhu $355,000
Previous Owner Lang Paul E $219,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2020 10/01/20 Sold $480,000 -2.0% $179 / Sq Ft
09/14/2020 09/14/20 Price Changed $489,900 0.0% $183 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $489,900 +122.7% $183 / Sq Ft
02/07/2013 02/07/13 Sold $219,950 -2.2% $80 / Sq Ft View Prior Sale
01/18/2013 01/18/13 Pending -- -- --
09/27/2012 09/27/12 For Sale $225,000 -- $82 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $6,444 $316,650 -- --
2024 $6,168 $307,430 -- --
2023 $5,620 $298,480 $0 $0
2022 $5,463 $289,790 $0 $0
2021 $5,325 $281,350 $0 $0
2020 $4,207 $256,580 $0 $0
2019 $4,097 $249,110 $0 $0
2018 $3,906 $241,860 $0 $0
2017 $3,748 $234,820 $0 $0
2016 $3,304 $203,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20277633

Regional Multiple Listing Service (RMLS)

APN: R313627

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