NOT LISTED FOR SALE

455 NE 18th St Unit 463 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $554,000 - $621,000

6 Beds
2 Baths
2,680 Sq Ft
$213/Sq Ft Est. Value

Last Sold October 01, 2020

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

Est. 19% increase in value since last sale

Current estimated payment $3,531/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 License #910500196 Listed on: 08/06/2020

John L. Scott Portland Metro

Co-Listed By

Kika Trnjanin

John L. Scott Portland Metro 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

Location

  • Property is near a 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

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, None
  • Storage: Garage
  • 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,Wireless
  • 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
$571,255

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
2.07%
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

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
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 Change Sq Ft Price
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
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 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 $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
2015 $3,233 $197,860 $0 $0
2014 $3,068 $192,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tony Lozzi

    Seller's Agent in 2020

    Tony Lozzi

    John L. Scott Portland Metro

    (503) 789-7090

    4 in this area

    76 Total Sales

    Tony Lozzi
    Section Image
  • Kika Trnjanin

    Seller Co-Listing Agent in 2020

    Kika Trnjanin

    John L. Scott Portland Metro

    (503) 730-5330

    2 in this area

    98 Total Sales

    Kika Trnjanin
    Section Image
  • Chace Fraser

    Buyer's Agent in 2020

    Chace Fraser

    eXp Realty, LLC

    (509) 393-9123

    1 in this area

    22 Total Sales

    Chace Fraser
    Section Image
  • Chris Olson

    Seller's Agent in 2013

    Chris Olson

    All County Real Estate

    (503) 539-2604

    1 in this area

    49 Total Sales

    Chris Olson
    Section Image

  • M

    Buyer's Agent in 2013

    Michael Riordan

    Georgetown Realty Inc.

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20277633

Regional Multiple Listing Service (RMLS)

APN: R313627

Oregon Multnomah County Gresham 97030 North Central

455 NE 18th St Unit 463, Gresham, OR

This home is located at 455 NE 18th St Unit 463, Gresham, OR 97030 since 06 August 2020 and is currently estimated at $571,255, approximately $213 per square foot. This property was built in 1978. 455 NE 18th St Unit 463 is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.

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