$242,000
SOLD OCT 14, 2016

571 NE 18th St Unit 585 Gresham, OR 97030

North Central Neighborhood
6 Beds
4 Baths
2,270 Sq Ft
8,407 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

18% Below List Price

35 Days on Market

Highlights

  • Cul-De-Sac
  • Attached Garage
  • Level Lot
  • Fireplace

About This Home

As of February 2017

Featured on an upcoming auction on XOME. Dates are 9-17 to 9-22. Here is the investment you've been looking for. Great upside on this duplex, each unit has a main level bedroom and 2 bedrooms upstairs, 1 1/2 baths, washer and dryer hook ups, attached garages, fireplaces and very large yards. Located on a culdesac in a very convenient neighborhood, close to bus lines, freeway access, shopping, restaurants, & schools.

Last Agent to Sell the Property

Kathy Graham

Kelly Right Real Estate of Portland, LLC License #980700107 Listed on: 08/19/2016

Kelly Right Real Estate of Portland, LLC

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,750

Year Built

  • Built in 1978

Lot Details

  • Cul-De-Sac
  • Level Lot

Parking

  • Attached Garage

Home Design

  • Plywood Siding Panel T1-11
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,750

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 2270
  • Stories: 2
  • Year Built: 1978
  • Special Features: 20
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WY EAST, BLOCK 2, LOT 7

Exterior Features

  • Exterior Description: Stone, T-111 Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Highland
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Corner, Cul-de-sac, Level
  • Zoning: LDR-5

Tax Info

  • Tax Amount: 3255.03
  • Assessor Parcel Number: R313632

Multi Family

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

MLS Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 16, 2023
Sold by
Zervis Christopher Michael
Bought by
Christopher M Zervis And Kristen M Zervis Rev
Current Estimated Value
$491,429

Purchase Details

Listed on
Nov 15, 2016
Closed on
Feb 8, 2017
Sold by
Hollyvale Rental Holdings Llc
Bought by
Zervis Christopher Michael and Zervis Kristen Marie
Seller's Agent
Charles Simons lll
Maxim Properties
Buyer's Agent
Jason Maycumber
Redfin
List Price
$329,900
Sold Price
$314,000
Premium/Discount to List
-$15,900
-4.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$235,500
Interest Rate
4.2%
Mortgage Type
VA

Purchase Details

Listed on
Aug 19, 2016
Closed on
Oct 4, 2016
Sold by
Us Bank National Association
Bought by
Hollyvale Rental Holdings Llc
Seller's Agent
Kathy Graham
Kelly Right Real Estate of Portland, LLC
Buyer's Agent
OR and WA Non Rmls
Non Rmls Broker
List Price
$295,000
Sold Price
$242,000
Premium/Discount to List
-$53,000
-17.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.12%
Original Mortgage
$236,500
Interest Rate
3.47%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 10, 2016
Sold by
Higuera Raul
Bought by
Us Bank National Association

Purchase Details

Closed on
Feb 11, 2016
Sold by
Higuera Raul
Bought by
U S Bank National Association

Purchase Details

Closed on
Jan 16, 2016
Sold by
Higuera Raul
Bought by
Bulldog Capital Llc

Purchase Details

Closed on
Jul 25, 2007
Sold by
Mcneese John
Bought by
Higuera Raul and Higuera Yesenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
7.35%
Mortgage Type
Stand Alone First
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 Type Sale Price Title Company
Bargain Sale Deed -- --
Special Warranty Deed $314,000 Nextitle
Special Warranty Deed $254,100 Servicelink
Sheriffs Deed $358,453 None Available
Sheriffs Deed $358,453 None Available
Bargain Sale Deed $4,000 None Available
Warranty Deed $260,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $235,500 VA
Previous Owner $236,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $208,000 Stand Alone First
Previous Owner $52,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2017 02/16/17 Sold $314,000 -4.8% $138 / Sq Ft
01/11/2017 01/11/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $329,900 +36.3% $145 / Sq Ft
10/14/2016 10/14/16 Sold $242,000 -18.0% $107 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
08/19/2016 08/19/16 For Sale $295,000 -- $130 / 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 $4,750 $252,290 $0 $0
2022 $4,617 $244,950 $0 $0
2021 $4,501 $237,820 $0 $0
2020 $4,235 $230,900 $0 $0
2019 $4,124 $224,180 $0 $0
2018 $3,933 $217,660 $0 $0
2017 $3,773 $211,330 $0 $0
2016 $3,327 $205,180 $0 $0
2015 $3,255 $199,210 $0 $0
2014 $2,993 $187,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charles Simons lll

    Maxim Properties

  • Jason Maycumber

    Buyer's Agent in 2017

    Jason Maycumber

    Redfin

    (503) 805-9197

    Section Image
  • Kathy Graham

    Seller's Agent in 2016

    Kathy Graham

    Kelly Right Real Estate of Portland, LLC

    (503) 890-1729

    7 Total Sales

    Kathy Graham
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 16207365

Regional Multiple Listing Service (RMLS)

APN: R313632

Oregon Multnomah County Gresham 97030 North Central

571 NE 18th St Unit 585, Gresham, OR

This home is located at 571 NE 18th St Unit 585, Gresham, OR 97030 and is currently priced at $242,000, approximately $106 per square foot. This property was built in 1978. 571 NE 18th St Unit 585 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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