NOT LISTED FOR SALE

642 SE 208th Ave Unit 644 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $425,000 - $528,342

5 Beds
3 Baths
3,080 Sq Ft
$160/Sq Ft Est. Value

Last Sold June 26, 2018

Last sale price $395,000 $128 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,171/month

4 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • Wood Siding
  • Attached Garage

About This Home

As of June 2018

Nicely remodeled duplex on a quiet street. Roof is 7 years old. Both units have done some upgrades and remodeling. Fresh paint. Great investment opportunity. Live on one side and rent the other. Or rent out both.

Last Listed By

Amy Goodenough

Respect Realty, LLC License #201214438 Listed on: 04/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,195

Year Built

  • Built in 1971

Lot Details

  • 8,059

Parking

  • Attached Garage
  • Carport

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,195

Year Built

Built in 1971

Lot Details

0

Parking

4

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 3080
  • Stories: 2
  • Year Built: 1971
  • Remarks Public: Nicely remodeled duplex on a quiet street. Roof is 7 years old. Both units have done some upgrades and remodeling. Fresh paint. Great investment opportunity. Live on one side and rent the other. Or rent out both.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LINDY ADD, BLOCK 2, LOT 8
  • Storage: Individual Storage Units

Exterior Features

  • Exterior Description: Brick, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Slab

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Attached, Carport

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Cooling Description: Wall Unit(s)
  • Heating Description: Baseboard

Condo/Co-op/Association

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

Lot Info

  • Lot Description: On Busline, Level
  • Zoning: RES

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4126.73
  • Tax Deferral: Yes
  • Assessor Parcel Number: R207650

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
Jun 21, 2018
Sold by
Reed Tim
Bought by
Margherio Genevieve and Reid Charles R
Seller's Agent
Amy Goodenough
Respect Realty, LLC
Buyer's Agent
Michael Bivens
Bridgetown Equity Prop LLC
List Price
$395,000
Sold Price
$395,000
Total Days on Market
4
Current Estimated Value
$493,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,836
Original Mortgage
$296,250
Outstanding Balance
$262,018
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 25, 2008
Sold by
Reed Timothy J
Bought by
Reed Tim and Reed Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
5.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jun 8, 2006
Sold by
Saeteurn Bryce F
Bought by
Reed Timothy J and Reed Crystal D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,800
Interest Rate
7%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 29, 2004
Sold by
Daugherty Timothy
Bought by
Saeteum Bryce F and Saeteum Annah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,696
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 8, 1997
Sold by
Daugherty Janet L
Bought by
Daugherty Timothy and Daugherty Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 1997
Sold by
Leeding Frank H
Bought by
Daugherty Timothy and Daugherty Mary

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
Margherio Genevieve $395,000 Wfg Title
Reed Tim -- Lawyers Title Ins
Reed Timothy J $248,500 Fidelity Natl Title Co Of Or
Saeteum Bryce F $193,370 Fidelity Natl Title Co Of Or
Daugherty Timothy -- Stewart Title
Daugherty Timothy $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margherio Genevieve $296,250
Previous Owner Reed Tim $278,000
Previous Owner Irajpanah Aresh $500,000
Previous Owner Reed Tim $286,000
Previous Owner Reed Timothy J $66,000
Previous Owner Reed Timothy J $198,800
Previous Owner Reed Timothy J $49,700
Previous Owner Saeteum Bryce F $154,696
Previous Owner Daugherty Timothy $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2018 06/26/18 Sold $395,000 0.0% $128 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $395,000 -- $128 / 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 $5,195 $275,950 $0 $0
2022 $5,050 $267,920 $0 $0
2021 $4,923 $260,120 $0 $0
2020 $4,632 $252,550 $0 $0
2019 $4,511 $245,200 $0 $0
2018 $4,301 $238,060 $0 $0
2017 $4,127 $231,130 $0 $0
2016 $4,250 $224,400 $0 $0
2015 $3,461 $217,870 $0 $0
2014 $3,565 $192,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 18315251

Regional Multiple Listing Service (RMLS)

APN: R207650