NOT LISTED FOR SALE

5860 Glen Echo Ave Gladstone, OR 97027

Estimated Value: $773,000 - $903,000

3 Beds
3 Baths
2,964 Sq Ft
$280/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $563,000 $190 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,195/month

61 Days on Market

About This Home

As of November 2019

Newer duplex. Near freeway. Great investment opportunity. Please do not disturb tenants.

Last Agent to Sell the Property

Brianna Francis

PII Group LLC License #201206124 Listed on: 08/29/2019

Last Buyer's Agent

Reneta Peery

MORE Realty License #200203435

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,137

Year Built

  • Built in 2014

Lot Details

  • 8,015

Parking

  • Attached Garage

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,137

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2964
  • Stories: 2
  • Year Built: 2014
  • Remarks Public: Newer duplex. Near freeway. Great investment opportunity. Please do not disturb tenants.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: PLAT MASON ESTATES LT 5 3567
  • Basement: None

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Shingle

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Zoning: R7.2

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 6777.48
  • Assessor Parcel Number: 05000848
  • Tax Year: 2018

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2019
Closed on
Nov 22, 2019
Sold by
East Wind Investment Llc
Bought by
Faris Faris N N and Faris Mary
Seller's Agent
Brianna Francis
PII Group LLC
Buyer's Agent
Reneta Peery
MORE Realty
List Price
$625,000
Sold Price
$563,000
Premium/Discount to List
-$62,000
-9.92%
Current Estimated Value
$829,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,103
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
Mar 11, 2015
Sold by
Firm Foundation Properties Llc
Bought by
East Wind Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
3.61%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 21, 2014
Sold by
Fluge James and Fluge Lou Ann
Bought by
Firm Foundation Properties Llc

Purchase Details

Closed on
Aug 1, 2000
Sold by
Savage M Dwight and Savage Dorothea J
Bought by
Fluge James and Fluge Lou Ann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

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
Faris Faris N N $563,000 Fidelity National Ttl Of Or
East Wind Investments Llc -- Wfg Title
Firm Foundation Properties Llc $70,000 Chicago Title Company Oregon
Fluge James $62,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Wind Investments Llc $296,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $563,000 -1.2% $190 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/23/2019 10/23/19 Price Changed $569,900 -4.2% $192 / Sq Ft
09/11/2019 09/11/19 Price Changed $595,000 -4.8% $201 / Sq Ft
08/29/2019 08/29/19 For Sale $625,000 -- $211 / 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
2024 $8,137 $403,291 -- --
2023 $8,137 $391,545 $0 $0
2022 $7,568 $380,141 $0 $0
2021 $7,289 $369,069 $0 $0
2020 $7,116 $358,320 $0 $0
2019 $7,033 $347,884 $0 $0
2018 $6,777 $337,751 $0 $0
2017 $6,575 $327,914 $0 $0
2016 $6,358 $318,363 $0 $0
2015 $6,149 $309,090 $0 $0
2014 $1,358 $68,113 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2019

    Brianna Francis

    PII Group LLC

    (503) 737-4680

    2 Total Sales

    Brianna Francis
    Section Image
  • Reneta Peery

    Buyer's Agent in 2019

    Reneta Peery

    MORE Realty

    (503) 367-4705

    6 Total Sales

    Reneta Peery
    Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19010742

Regional Multiple Listing Service (RMLS)

APN: 05000848

Oregon Clackamas County Gladstone 97027

5860 Glen Echo Ave, Gladstone, OR

This home is located at 5860 Glen Echo Ave, Gladstone, OR 97027 since 29 August 2019 and is currently estimated at $829,103, approximately $279 per square foot. This property was built in 2014. 5860 Glen Echo Ave is a home located in Clackamas County with nearby schools including John Wetten Elementary School, Walter L Kraxberger Middle School, and Gladstone High School.

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.

Regional Multiple Listing Service (RMLS) 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 © 2025 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