NOT LISTED FOR SALE

505 SE 205th Ave Unit 507 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $431,000 - $502,000

4 Beds
2 Baths
1,794 Sq Ft
$258/Sq Ft Est. Value

Last Sold March 24, 2015

Last sale price $174,814 $97 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,880/month

29 Days on Market

About This Home

As of March 2015

Make an offer! REO PROPERTY - BANK OWNED.PROPERTY SOLD AS IS WITHOUT REPAIR, WARRANTY OR SELLER DISCLOSURE.

Last Agent to Sell the Property

Sandra Cato

Owners.com License #201210450 Listed on: 01/26/2015

Last Buyer's Agent

Laura Bilyeu

Bilyeu & Co. Real Estate License #200604415

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1973

Lot Details

  • 8,407

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Year Built: 1973
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: CASCADIA, BLOCK 2, LOT 1

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Lot Info

  • Zoning: TO FOLL

Tax Info

  • Tax Amount: 3325.09
  • Assessor Parcel Number: R129599

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2015
Closed on
Mar 10, 2015
Sold by
Wilmington Trust National Association
Bought by
4815 Se Lincoln Llc
Seller's Agent
Sandra Cato
Owners.com
Buyer's Agent
Laura Bilyeu
Bilyeu & Co. Real Estate
List Price
$190,800
Sold Price
$174,814
Premium/Discount to List
-$15,986
-8.38%
Current Estimated Value
$462,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,889
Avg. Annual Appreciation
9.44%

Purchase Details

Listed on
Jan 26, 2015
Closed on
Jan 23, 2015
Sold by
Giddings Homer L
Bought by
Wilmington Trust National Association
Seller's Agent
Sandra Cato
Owners.com
Buyer's Agent
Laura Bilyeu
Bilyeu & Co. Real Estate
List Price
$190,800
Sold Price
$174,814
Premium/Discount to List
-$15,986
-8.38%

Purchase Details

Closed on
Jul 17, 2014
Sold by
Giddings Homer L
Bought by
Wilmington Trust National Association

Purchase Details

Closed on
Apr 5, 2007
Sold by
Wilson Christopher N
Bought by
Giddings Homer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,900
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 27, 2004
Sold by
Johnson Larry W
Bought by
Wilson Christopher N and Wilson Joy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2004
Sold by
Johnson Leroy W
Bought by
Johnson Larry W and Johnson Jennifer L R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Interest Rate
5.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Johnson Leroy W
Bought by
Johnson Larry W and Johnson Jennifer L R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
9%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
4815 Se Lincoln Llc $167,000 Wfg Title
Wilmington Trust National Association $200,000 None Available
Wilmington Trust National Association $200,000 None Available
Giddings Homer L $227,000 First American Title Insuran
Wilson Christopher N $169,000 First American
Johnson Larry W $152,000 First American
Johnson Larry W $152,000 Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giddings Homer L $158,900
Previous Owner Wilson Christopher N $135,200
Previous Owner Johnson Larry W $151,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2015 03/24/15 Sold $174,814 -8.4% $97 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
01/26/2015 01/26/15 For Sale $190,800 -- $106 / 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
2025 -- -- -- --
2024 -- -- -- --
2023 $0 $0 $0 $0
2022 $0 $0 $0 $0
2021 $0 $0 $0 $0
2020 $3,538 $192,889 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sandra Cato

    Owners.com

  • Laura Bilyeu

    Buyer's Agent in 2015

    Laura Bilyeu

    Bilyeu & Co. Real Estate

    (503) 939-8852

    9 Total Sales

    Laura Bilyeu
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15533698

Regional Multiple Listing Service (RMLS)

APN: R129599

Oregon Multnomah County Gresham 97030 North Central

505 SE 205th Ave Unit 507, Gresham, OR

Not Listed for Sale

MultiFamily

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