NOT LISTED FOR SALE

595 NE 18th St Unit 603 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $424,000 - $489,650

5 Beds
1 Bath
1,959 Sq Ft
$239/Sq Ft Est. Value

Last Sold October 31, 2017

Last sale price $330,000 $168 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,889/month

5 Days on Market

Highlights

  • Detached Garage
  • Parking Storage or Cabinetry
  • 1-Story Property
  • Handicap Accessible
  • Wood Siding

About This Home

As of October 2017

Great Gresham investment property tucked away from the street and features an abundance of natural light and an inviting open-layout in the living spaces. This duplex offers 2 units. Recent rehab on both units. The first unit is 3 beds 1 baths and the second unit offers 2 beds and 1 baths. Both units are leased to quality tenants. Unit 2 is on a mont to month lease so rent can be raised. Unit 1 lease expired end of June.

Last Agent to Sell the Property

David Biglen

Greenbridge Properties, LLC License #200702207 Listed on: 06/05/2017

Last Buyer's Agent

Darren O'Halloran

Kohler Meyers O'Halloran Inc. License #990200101

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,985

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 9,409

Home Design

  • Wood Siding

Kitchen

  • Range
  • Dishwasher
  • Disposal

Parking

  • Detached Garage
  • Parking Storage or Cabinetry

Additional Features

  • 1-Story Property
  • Handicap Accessible
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Greenbridge Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,985

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Stories: 1
  • Year Built: 1978
  • Property Condition: Updated/Remodeled
  • Remarks Public: Great Gresham investment property tucked away from the street and features an abundance of natural light and an inviting open-layout in the living spaces. This duplex offers 2 units. Recent rehab on both units. The first unit is 3 beds 1 baths and the second unit offers 2 beds and 1 baths. Both units are leased to quality tenants. Unit 2 is on a mont to month lease so rent can be raised. Unit 1 lease expired end of June.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: WY EAST, BLOCK 2, LOT 8
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 0K to 2,999 SqFt
  • Roof Type: Shingle

Garage/Parking

  • Parking Description: Detached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned
  • Security: Handicap Access

Condo/Co-op/Association

  • Management Name: Greenbridge Properties
  • Unit Features: Dishwasher, Disposal, Range

Lot Info

  • Zoning: R4

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 3180.55
  • Assessor Parcel Number: R313633

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Scherler Wallace L
Bought by
Scherler Wallace L and Scherler Patricia
Current Estimated Value
$468,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Outstanding Balance
$197,402
Interest Rate
3.01%
Mortgage Type
Balloon

Purchase Details

Listed on
Jun 5, 2017
Closed on
Oct 29, 2017
Sold by
Dev Prem Sagar
Bought by
Scherler Wallace L and Scherler Luke W
Seller's Agent
David Biglen
Greenbridge Properties, LLC
Buyer's Agent
Darren O'Halloran
Kohler Meyers O'Halloran Inc.
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%

Purchase Details

Closed on
Oct 28, 2008
Sold by
Taylor Steven F
Bought by
Dev Prem Sagar and Dev Madhy

Purchase Details

Closed on
May 23, 2005
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Taylor Steven F and Taylor Anila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 10, 2004
Sold by
Citimortgage Inc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 9, 2004
Sold by
Hawes Leslie A
Bought by
Citimortgage Inc

Purchase Details

Closed on
Dec 11, 1997
Sold by
Kelly Arthur Joseph Michael
Bought by
Hawes Donald K and Hawes Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Scherler Wallace L $101,000 First American Title
Scherler Wallace L $330,000 Wfg Title
Dev Prem Sagar $140,000 None Available
Taylor Steven F $201,500 First American
Federal Home Loan Mortgage Corporation $160,000 Fatco
Citimortgage Inc $160,000 Fatco
Hawes Donald K $163,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scherler Luke W $230,000
Previous Owner Scherler Wallace L $230,000
Previous Owner Scherler Luke W $231,000
Previous Owner Taylor Steven F $20,000
Previous Owner Taylor Steven F $125,000
Previous Owner Hawes Donald K $146,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2017 10/31/17 Sold $330,000 -2.9% $168 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
06/05/2017 06/05/17 For Sale $340,000 -- $174 / 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 $4,985 $248,460 -- --
2023 $4,542 $241,230 $0 $0
2022 $4,415 $234,210 $0 $0
2021 $4,304 $227,390 $0 $0
2020 $4,049 $220,770 $0 $0
2019 $3,943 $214,340 $0 $0
2018 $3,760 $208,100 $0 $0
2017 $3,607 $202,040 $0 $0
2016 $3,181 $196,160 $0 $0
2015 $3,112 $190,450 $0 $0
2014 $2,953 $184,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Biglen

    Seller's Agent in 2017

    David Biglen

    Greenbridge Properties, LLC

    (503) 617-6414

    6 Total Sales

    David Biglen
    Section Image
  • Darren O'Halloran

    Buyer's Agent in 2017

    Darren O'Halloran

    Kohler Meyers O'Halloran Inc.

    (503) 703-8168

    4 in this area

    95 Total Sales

    Darren O'Halloran
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 17450599

Regional Multiple Listing Service (RMLS)

APN: R313633

Oregon Multnomah County Gresham 97030 North Central

595 NE 18th St Unit 603, Gresham, OR

This home is located at 595 NE 18th St Unit 603, Gresham, OR 97030 since 05 June 2017 and is currently estimated at $468,413, approximately $239 per square foot. This property was built in 1978. 595 NE 18th St Unit 603 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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