NOT LISTED FOR SALE

555 NE 195th Ave Unit 565 Portland, OR 97230

North Gresham Neighborhood

Estimated Value: $504,000 - $590,000

4 Beds
4 Baths
2,325 Sq Ft
$234/Sq Ft Est. Value

Last Sold March 05, 2014

Last sale price $275,000 $118 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $3,402/month

81 Days on Market

Highlights

  • Fireplace
  • Washer and Dryer
  • Level Lot
  • Garage

About This Home

As of March 2014

Great owner occupied investment! Nice-quiet neighborhood! 195th DR has very little traffic. Units are in great condition and feature open floor plans, large bedrooms, eating bar, LRG tile counter tops in Unit 555, half bath on main level, nice back yard area. High occupancy rate! Long term renters. WRITE OFFERS SUBJECT TO INTERIOR INSPECTION; PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Maria Skipper

Bella Grande Properties License #200303228 Listed on: 10/12/2013

Last Buyer's Agent

David Waite

MORE Realty License #930800238

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,455

Year Built

  • Built in 1997

Lot Details

  • Level Lot

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Parking

  • Garage
  • Garage Door Opener

Utilities

  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,455

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2325
  • Stories: 2
  • Year Built: 1997
  • Year Built Description: Remodeled
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: DAWNSTONE, LOT 11
  • Storage: Garage(s)

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt

Garage/Parking

  • Parking Description: Garage Door Opener, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Forced Air - 90%
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: Davis
  • Middle School: Reynolds
  • High School: Reynolds

Lot Info

  • Lot Description: Corner, Level
  • Zoning: Ldr7

Tax Info

  • Tax Amount: 2899.06
  • Assessor Parcel Number: R145464

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.73

MLS Schools

  • Elementary School: Davis
  • High School: Reynolds
  • Middle School: Reynolds

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2018
Sold by
Reed Norvell
Bought by
Reed Norvell and Cary Barbara A
Current Estimated Value
$533,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,250
Outstanding Balance
$253,760
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$273,196

Purchase Details

Listed on
Oct 12, 2013
Closed on
Mar 3, 2014
Sold by
Obrist Daniel F
Bought by
Reed Norvell
Seller's Agent
Maria Skipper
Bella Grande Properties
Buyer's Agent
David Waite
MORE Realty
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.85%
Original Mortgage
$280,912
Interest Rate
4.34%
Mortgage Type
VA

Purchase Details

Closed on
Dec 17, 2007
Sold by
Adams Steven L
Bought by
Obrist Daniel F and Obrist Colleen M

Purchase Details

Closed on
Nov 19, 1996
Sold by
Steven Adams Family Construction Inc
Bought by
Adams Steven L and Adams Dawn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.88%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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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
Reed Norvell -- First American Title
Reed Norvell $275,000 Fidelity National Title Or
Obrist Daniel F $285,000 Transnation Title Agency Or
Adams Steven L -- Oregon Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Norvell $72,000
Open Reed Norvell $296,250
Closed Reed Norvell $278,083
Closed Reed Norvell $280,912
Previous Owner Adams Steven L $145,800
Previous Owner Adams Steven L $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2014 03/05/14 Sold $275,000 -3.5% $118 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
10/12/2013 10/12/13 For Sale $285,000 -- $123 / 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
2023 $5,455 $283,180 $0 $0
2022 $4,814 $274,940 $0 $0
2021 $4,695 $266,940 $0 $0
2020 $4,392 $259,170 $0 $0
2019 $4,211 $251,630 $0 $0
2018 $4,168 $244,310 $0 $0
2017 $4,034 $237,200 $0 $0
2016 $3,859 $230,300 $0 $0
2015 $3,747 $223,600 $0 $0
2014 $3,545 $215,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Maria Skipper

    Seller's Agent in 2014

    Maria Skipper

    Bella Grande Properties

    (503) 351-4101

    33 Total Sales

    Section Image
  • David Waite

    Buyer's Agent in 2014

    David Waite

    MORE Realty

    (503) 887-5323

    69 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 13242043

Regional Multiple Listing Service (RMLS)

APN: R145464

Oregon Multnomah County Portland 97230 North Gresham

555 NE 195th Ave Unit 565, Portland, OR

This home is located at 555 NE 195th Ave Unit 565, Portland, OR 97230 since 12 October 2013 and is currently estimated at $544,862, approximately $234 per square foot. This property was built in 1997. 555 NE 195th Ave Unit 565 is a home located in Multnomah County with nearby schools including Salish Ponds Elementary School, Reynolds Middle School, and Reynolds High School.

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