Shawn Watson
RE/MAX NORTHWEST - BRANCH OFFICE
(971) 308-4511
84 Total Sales
1 in Historic Southeast
$500,000 Price
516 SE 5th St Gresham, OR 97080
Historic Southeast NeighborhoodEstimated Value: $363,000 - $471,248
3
Beds
2
Baths
1,337
Sq Ft
$316/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Outdoor Fireplace
- Private Yard
- Deck
- Wood Flooring
- No HOA
About This Home
As of August 2023Perfectly located bungalow near Historic Downtown Gresham! Tucked away in a quiet neighborhood only blocks from all the cute shops and restaurants. Well loved and cared for, this home is move in ready. Large primary suite has vaulted ceilings, french doors and walk-in shower. 1947 charm with hardwood floors, coved archways, gas fireplace and big picture window. Updated utilities, new interior paint, fenced yard, tool shed and RV parking. Patio is perfect for entertaining with built in fire pit and deck. Great house for multi-generation living too. Only blocks to the new elementary and middle school. Walk to the Saturday farmer's market, movie theater, ice cream or parks. Settle in before school starts! Open House Saturday 11-1pm!
Last Agent to Sell the Property
Wood Land Realty Brokerage Phone: 503-522-1691 License #201204047 Listed on: 07/20/2023
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,860
Year Built
- Built in 1947
Lot Details
- 6,098 Sq Ft Lot
- Fenced
- Level Lot
- Private Yard
Home Design
- Bungalow
- Composition Roof
- Wood Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,337 Sq Ft Home
- 1-Story Property
- Gas Fireplace
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Crawl Space
- Washer and Dryer
Kitchen
- Free-Standing Range
- Stainless Steel Appliances
- Tile Countertops
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Parking
- Converted Garage
- Driveway
- Off-Street Parking
- RV Access or Parking
Outdoor Features
- Deck
- Patio
- Outdoor Fireplace
- Fire Pit
- Shed
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
Community Details
- No Home Owners Association
- Historic Gresham Subdivision
Listing and Financial Details
- Assessor Parcel Number R339185
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 20, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
Seller's Agent
Reg Martocci
Wood Land Realty
Buyer's Agent
Sean Brochin
Portlandia Properties, LLC
List Price
$425,000
Sold Price
$450,000
Premium/Discount to List
$25,000
5.88%
Views
16
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,188
Avg. Annual Appreciation
-2.04%
Original Mortgage
$382,500
Interest Rate
6.71%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,187
Interest Rate
4.92%
Mortgage Type
VA
Purchase Details
Closed on
Sep 22, 1997
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic Southeast, OR
-
Shawn Watson
-
Kris Cochran
Kris Cochran
Cochran Property Group Inc.
(971) 703-5485
91 Total Sales
1 in Historic Southeast
$585,000 Price
-
Tim Sellers
Tim Sellers
Berkshire Hathaway HomeServices NW Real Estate
(503) 461-7463
70 Total Sales
2 in Historic Southeast
$375K - $395K Price Range
-
Timothy Corken
Timothy Corken
Realty One Group Prestige
(877) 899-1307
18 Total Sales
1 in Historic Southeast
$430,000 Price
-
Danny Phanphackdy
Danny Phanphackdy
Modern Realty
(971) 801-6972
31 Total Sales
1 in Historic Southeast
$360,000 Price
-
Bill Bailey
Bill Bailey
RE/MAX Advantage Group
(503) 546-1532
158 Total Sales
2 in Historic Southeast
$350K - $459K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $450,000 | Fidelity National Title Compan | ||
| $171,500 | Fidelity Natl Title Co Of Or | ||
| $98,000 | First American Title Ins Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $381,000 | ||
| Closed | $382,500 | ||
| Previous Owner | $175,187 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/11/2023 08/11/23 | Sold | $450,000 | +5.9% | $337 / Sq Ft |
| 07/23/2023 07/23/23 | Pending | -- | -- | -- |
| 07/20/2023 07/20/23 | For Sale | $425,000 | -- | $318 / Sq Ft |
Source: Regional Multiple Listing Service (RMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,373 | $165,750 | ||
| 2024 | $3,229 | $160,930 | ||
| 2023 | $2,942 | $156,250 | $0 | $0 |
| 2022 | $2,860 | $151,700 | $0 | $0 |
| 2021 | $2,788 | $147,290 | $0 | $0 |
| 2020 | $2,623 | $143,000 | $0 | $0 |
| 2019 | $2,554 | $138,840 | $0 | $0 |
| 2018 | $2,436 | $134,800 | $0 | $0 |
| 2017 | $2,337 | $130,880 | $0 | $0 |
| 2016 | $2,060 | $127,070 | $0 | $0 |
| 2015 | $2,016 | $123,370 | $0 | $0 |
| 2014 | $1,967 | $119,780 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Reg Martocci
Seller's Agent in 2023
Reg Martocci
Wood Land Realty
(508) 340-1456
1 in this area
128 Total Sales
-
Teri Toombs
Seller Co-Listing Agent in 2023
Teri Toombs
Wood Land Realty
(503) 522-1691
1 in this area
99 Total Sales
-
Sean Brochin
Buyer's Agent in 2023
Sean Brochin
Portlandia Properties, LLC
(503) 349-3680
1 in this area
130 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 23479901
APN: R339185
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.
The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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