Jason Preuit
Premiere Property Group, LLC
(971) 444-8210
135 Total Sales
2 in Historic Southeast
$489K - $500K Price Range
540 SE Kay Place Unit 542 Gresham, OR 97080
Historic Southeast NeighborhoodEstimated Value: $486,064 - $564,000
5
Beds
2
Baths
2,048
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Baseboard Heating
- Wood Siding
- Cul-De-Sac
- Level Lot
About This Home
As of December 2019OPEN SAT, NOV 9TH, 1-3PM BOM, buyers could not close. Great opportunity for investors or owner occupied buyers, who want to live on one side and reap the benefits of renting the other side out. One unit is 3 bedrooms and 1 bath and the other unit is 2 bedrooms and 1 bath. There is a 2 car garage and both units have a fenced yard. This is a no brainer!
Last Agent to Sell the Property
RE/MAX Advantage Group License #950100057 Listed on: 09/30/2019
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,477
Year Built
- Built in 1973
Lot Details
- Cul-De-Sac
- Level Lot
Parking
- 2 Car Detached Garage
Home Design
- Composition Roof
- Wood Siding
Interior Spaces
- 2,048 Sq Ft Home
- 2-Story Property
- Crawl Space
Schools
- East Gresham Elementary School
- Dexter Mccarty Middle School
- Gresham High School
Utilities
- No Cooling
- Baseboard Heating
- Electric Water Heater
Listing and Financial Details
- Rent includes sewer, trashcollection, water
- Assessor Parcel Number R195199
Community Details
Overview
- 2 Units
- Downtown Gresham Subdivision
Building Details
- Operating Expense $5,371
- Gross Income $13,200
- Net Operating Income $11,904
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
Sep 30, 2019
Closed on
Dec 5, 2019
Sold by
Bought by
Seller's Agent
Jean Adcock
RE/MAX Advantage Group
Buyer's Agent
Matt Williams
MORE Realty
List Price
$365,000
Sold Price
$367,500
Premium/Discount to List
$2,500
0.68%
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
$152,516
Avg. Annual Appreciation
5.30%
Original Mortgage
$275,625
Outstanding Balance
$238,226
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$281,790
Purchase Details
Closed on
Dec 2, 2015
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
$137,000
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 19, 2001
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
$123,750
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 5, 1998
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Historic Southeast, OR
-
Jason Preuit
-
Lee Toft
Lee Toft
Premiere Property Group, LLC
(503) 278-5631
34 Total Sales
1 in Historic Southeast
$466,000 Price
-
Rebecca Hunt
Rebecca Hunt
Berkshire Hathaway HomeServices NW Real Estate
(877) 760-3665
30 Total Sales
1 in Historic Southeast
$469,900 Price
-
Suzanne Clark
Suzanne Clark
Cascade Hasson Sotheby's International Realty
(503) 831-9908
86 Total Sales
1 in Historic Southeast
$390,000 Price
-
Frances Davis
Frances Davis
Realty ONE Group Pacifica
(971) 358-8085
42 Total Sales
1 in Historic Southeast
$386,900 Price
-
Shawn Watson
Shawn Watson
RE/MAX NORTHWEST - BRANCH OFFICE
(971) 308-4511
84 Total Sales
1 in Historic Southeast
$500,000 Price
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 |
|---|---|---|---|
| $367,500 | Lawyers | ||
| -- | Fidelity Natl Title Co Of Or | ||
| $165,000 | Ticor Title | ||
| $138,700 | Ticor Title Insurance |
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 | $275,625 | ||
| Previous Owner | $137,000 | ||
| Previous Owner | $123,750 |
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 |
|---|---|---|---|---|
| 12/04/2019 12/04/19 | Sold | $367,500 | +0.7% | $179 / Sq Ft |
| 11/08/2019 11/08/19 | Pending | -- | -- | -- |
| 11/05/2019 11/05/19 | For Sale | $365,000 | 0.0% | $178 / Sq Ft |
| 10/03/2019 10/03/19 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $365,000 | -- | $178 / 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 | $5,088 | $250,040 | ||
| 2024 | $4,871 | $242,760 | ||
| 2023 | $4,438 | $235,690 | $0 | $0 |
| 2022 | $4,313 | $228,830 | $0 | $0 |
| 2021 | $4,205 | $222,170 | $0 | $0 |
| 2020 | $3,956 | $215,700 | $0 | $0 |
| 2019 | $3,853 | $209,420 | $0 | $0 |
| 2018 | $3,477 | $192,420 | $0 | $0 |
| 2017 | $3,336 | $186,820 | $0 | $0 |
| 2016 | $2,941 | $181,380 | $0 | $0 |
| 2015 | $2,877 | $176,100 | $0 | $0 |
| 2014 | $2,671 | $167,200 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jean Adcock
Seller's Agent in 2019
Jean Adcock
RE/MAX
(503) 810-3235
54 Total Sales
-
Matt Williams
Buyer's Agent in 2019
Matt Williams
MORE Realty
(503) 516-5823
7 Total Sales
Map
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 19226253
APN: R195199
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.
Nearby Homes
- 518 SE Roberts Ave
- 629 SE Roberts Ave
- 845 SE 8th St
- 415 SE Roberts Ave
- 765 775 SE Roberts Ave
- 541 SE Park Dr
- 931 SE 5th St
- 939 SE Roberts Ave
- 1014 SE 9th St
- 1016 SE 9th St
- 280 SE Evelyn Ave
- 1410 E Powell Blvd
- 1175 SE 2nd St
- 4740 SE 2nd St
- 4764 SE 2nd St
- 520 SE 15th St
- 318 NE Roberts Ave Unit 308
- 318 NE Roberts Ave Unit 203
- 318 NE Roberts Ave Unit 204
- 370 SW 4th St
- 550 SE Kay Place Unit 552
- 540 SE 5th St
- 520 SE 5th St
- 560 SE Kay Place Unit 562
- 610 SE 5th St
- 522 SE 5th St
- 570 SE Kay Place Unit 572
- -1 SE Kay Place
- 516 SE 5th St
- 590 SE Kay Place Unit 592
- 644 SE 5th St
- 618 SE 5th St
- 614 SE 5th St
- 580 SE Kay Place Unit 582
- 625 SE Juniper Ct W
- 620 SE Roberts Ave
- 645 SE Juniper Ct W
- 568 SE Roberts Ave
- 541 SE 5th St
- 544 SE Roberts Ave
Your Personal Tour Guide
Ask me questions while you tour the home.