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.
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
DateNameOwned ForOwner Type
May 2022 - PresentGrecu Emanuel and Grecti Anya3 Years and 2 Months
Private Individual
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%
Current Estimated Value
$445,258
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,258
Avg. Annual Appreciation
3.50%
Original Mortgage
$391,483
Outstanding Balance
$376,742
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$74,196
Apr 2021 - May 2022Olsen Donald W and Olsen Diana L1 Year and 1 Month
Private Individual
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.
Income-producing duplex in thriving downtown Gresham--fantastic location just off Main Street's shops & restaurants. Centrally situated with access to services and transportation makes this easy to rent. Well-maintained property with newer paint, floors and appliances. Property is professionally managed--possible owner-occupied with rental unit. DCC zoning offers commercial possibilities. Keep
Great income producing duplex or live in one unit while offsetting your mortgage with income. Conveniently located in a charming, established SE Portland neighborhood! The main level is 1032sqft with three bedrooms and one bathroom, beautifully refinished hardwood floors and a new slider that opens to a covered patio. The kitchen is fully equipped and opens to a spacious dining area with built-in
Don’t miss this turnkey side-by-side duplex on a quiet cul-de-sac near Mt. Hood Community College and Mt. Hood Kaiser Medical Center. Each one-level unit offers 1,068 square feet of comfortable living, featuring large bedrooms, in-unit laundry rooms, and convenient tuck-under garages. Both units include full kitchens with dishwashers, generous living areas, and access to a large backyard—perfect
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ICE
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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
05/25/202205/25/22
Sold
$405,000
-1.2%
$234 / Sq Ft
04/13/202204/13/22
Pending
--
--
--
04/01/202204/01/22
For Sale
$409,999
0.0%
$237 / Sq Ft
03/02/202203/02/22
Pending
--
--
--
02/19/202202/19/22
Price Changed
$409,999
0.0%
$237 / Sq Ft
02/19/202202/19/22
For Sale
$409,999
+2.5%
$237 / Sq Ft
01/04/202201/04/22
Pending
--
--
--
12/28/202112/28/21
For Sale
$399,900
0.0%
$231 / Sq Ft
12/17/202112/17/21
Pending
--
--
--
12/05/202112/05/21
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 AssessmentTax 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.
This home is located at 633 SE 212th Ave Unit 635, Gresham, OR 97030 since 05 December 2021 and is currently estimated at $445,258, 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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