NOT LISTED FOR SALE

633 SE 212th Ave Unit 635 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $425,000 - $461,000

4 Beds
2 Baths
1,728 Sq Ft
$257/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $405,000 $234 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,798/month

129 Days on Market

About This Home

As of May 2022

BOM through no fault of seller. Great investment property centrally located with convenient freeway access and one block from public transportation. Duplex with 2 bedroom, 1 bath units. Steady, long term renters in place. Roof replaced in July, 2020. Exterior painted July, 2020. One side recently updated. Rents are below market level. Please do not disturb tenants.

Last Listed By

Greg Lange

MORE Realty License #201232204 Listed on: 12/05/2021

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,027

Year Built

  • Built in 1971

Lot Details

  • 8,059

Home Design

  • Brick Exterior Construction
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Parking

  • Carport
  • Paved Parking

Utilities

  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,027

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1728
  • Stories: 1
  • Year Built: 1971
  • Property Condition: Approximately
  • Remarks Public: BOM through no fault of seller. Great investment property centrally located with convenient freeway access and one block from public transportation. Duplex with 2 bedroom, 1 bath units. Steady, long term renters in place. Roof replaced in July, 2020. Exterior painted July, 2020. One side recently updated. Rents are below market level. Please do not disturb tenants.
  • Unreinforced Masonry Building: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LINDY ADD, BLOCK 2, LOT 20
  • Basement: Crawl Space
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Brick, T-111 Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Carport, Paved

Utilities

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

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

  • Elementary School: North Gresham
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Zoning: MR3

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3702.00
  • Assessor Parcel Number: R207661
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 17.08

MLS Schools

  • Elementary School: North Gresham
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2021
Closed on
May 4, 2022
Sold by
Donald W Olsen Jr And Diana L Olsen Trus
Bought by
Grecu Emanuel and Grecti Anya
Seller's Agent
Greg Lange
MORE Realty
Buyer's Agent
Oksana Ianos
MORE Realty
List Price
$409,999
Sold Price
$405,000
Premium/Discount to List
-$4,999
-1.22%
Total Days on Market
129
Current Estimated Value
$444,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,169
Avg. Annual Appreciation
3.68%
Original Mortgage
$391,483
Outstanding Balance
$376,742
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$74,196

Purchase Details

Closed on
Apr 22, 2021
Sold by
Olsen Donald W and Olsen Diana L
Bought by
Olsen Donald W and Olsen Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
3%
Mortgage Type
New Conventional

Range of Values:

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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
Grecu Emanuel $405,000 Fidelity National Title
Olsen Donald W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grecu Emanuel $391,483
Previous Owner Olsen Donald W $251,000
Previous Owner Olsen Donald W $213,000
Previous Owner Olsen Donald W $128,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $405,000 -1.2% $234 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $409,999 0.0% $237 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/19/2022 02/19/22 Price Changed $409,999 0.0% $237 / Sq Ft
02/19/2022 02/19/22 For Sale $409,999 +2.5% $237 / Sq Ft
01/04/2022 01/04/22 Pending -- -- --
12/28/2021 12/28/21 For Sale $399,900 0.0% $231 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/05/2021 12/05/21 For Sale $399,900 -- $231 / 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 $4,027 $213,910 $0 $0
2022 $3,915 $207,680 $0 $0
2021 $3,816 $201,640 $0 $0
2020 $3,591 $195,770 $0 $0
2019 $3,497 $190,070 $0 $0
2018 $3,334 $184,540 $0 $0
2017 $3,199 $179,170 $0 $0
2016 $2,821 $173,960 $0 $0
2015 $2,760 $168,900 $0 $0
2014 $2,629 $163,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Greg Lange

    Seller's Agent in 2022

    Greg Lange

    MORE Realty

    (360) 448-0545

    1 in this area

    11 Total Sales

    Greg Lange
    Section Image

  • O

    Buyer's Agent in 2022

    Oksana Ianos

    MORE Realty

    (503) 353-6673

    3 in this area

    11 Total Sales

    Oksana Ianos
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21622497

Regional Multiple Listing Service (RMLS)

APN: R207661

Oregon Multnomah County Gresham 97030 North Central

633 SE 212th Ave Unit 635, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 633 SE 212th Ave Unit 635, Gresham, OR 97030 since 05 December 2021 and is currently estimated at $444,169, approximately $257 per square foot. This property was built in 1971. 633 SE 212th Ave Unit 635 is a home located in Multnomah County with nearby schools including North Gresham Elementary School, Clear Creek Middle School, and Gresham High School.

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