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 Agent to Sell the Property
Amy Goodenough
Respect Realty, LLCLicense #201214438Listed on: 04/30/2018
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
DateNameOwned ForOwner Type
Jun 2018 - PresentMargherio Genevieve and Reid Charles R7 Years and 1 Month
Private Individual
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
Current Estimated Value
$503,968
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,968
Original Mortgage
$296,250
Outstanding Balance
$262,018
Interest Rate
4.5%
Mortgage Type
New Conventional
Feb 2008 - Jun 2018Reed Tim and Reed Crystal10 Years and 4 Months
Private Individual
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
Jun 2006 - Feb 2008Reed Timothy J and Reed Crystal D1 Year and 8 Months
Private Individual
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
Nov 2004 - Jun 2006Saeteum Bryce F and Saeteum Annah L1 Year and 7 Months
Private Individual
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
Dec 1997 - Nov 2004Daugherty Timothy and Daugherty Mary6 Years and 11 Months
Private Individual
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
Apr 1997 - Dec 1997Daugherty Timothy and Daugherty Mary8 Months
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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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
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
06/26/201806/26/18
Sold
$395,000
0.0%
$128 / Sq Ft
05/04/201805/04/18
Pending
--
--
--
04/30/201804/30/18
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 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 642 SE 208th Ave Unit 644, Gresham, OR 97030 since 30 April 2018 and is currently estimated at $503,968, approximately $163 per square foot. This property was built in 1971. 642 SE 208th Ave Unit 644 is a home located in Multnomah County with nearby schools including North Gresham Elementary School, Clear Creek Middle School, and Gresham 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.
