NOT LISTED FOR SALE

650 NW Division St Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $247,000 - $426,000

0.6 Acre
$605,452 Price per Acre
26,136 Sq Ft Lot

Last Sold September 27, 2021

Last sale price $285,000 $155 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,182/month

21 Days on Market

Highlights

  • Views
  • 4-minute walk to Gresham City Hall
  • Level Lot
  • Landscaped with Trees

About This Lot

As of September 2021

0.6 acres of prime location real estate across from Gresham Station shops and restaurants. Perfect opportunity and location for HB2001 middle housing project coming Summer 2021 in Gresham (cottage clusters, townhomes, triplex, quadplex, and more). Lot is fenced with sidewalk in front. Nearby transit line, crosswalk, max, and bus line make for convenient transportation. All utilities are available. Located in Opportunity Zone! Buyer to perform due diligence with city on development options.

Last Agent to Sell the Property

Richard Brazovan

MORE Realty License #201223868 Listed on: 04/27/2021

MORE Realty

Last Buyer's Agent

Berenice Green

Builders Marketing Group License #201229635

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Landscaped with Trees
  • Property is zoned TLDR

Additional Features

  • Property Views

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Land
  • Property Type: Residential/Recreational
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Legal Description: CASCADE VIEW AC, LOT 14 EXC S 300' & EXC PT IN ST

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: City
  • View: Yes
  • Road Surface: Concrete, Gravel

Utilities

  • Utilities: Electricity Available, Sewer Available, Water Available

Lot Info

  • Lot Description: Trees, Public Road, Light Rail
  • Acres: 0.60
  • Zoning: TLDR
  • Present Use: Multi Family, Residential
  • Land Description: Level

Rental Info

  • Availability: Sale

Tax Info

  • Tax Amount: 4020.71
  • Tax Deferral Desc: OPP ZONE
  • Tax Deferral: Yes
  • Assessor Parcel Number: R129553
  • Tax Year: 2020

MLS Schools

  • Elementary School: West Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Sep 22, 2021
Sold by
Sema Robert
Bought by
Silver V Construction Inc
Seller's Agent
Richard Brazovan
MORE Realty
Buyer's Agent
Berenice Green
Builders Marketing Group
List Price
$339,000
Sold Price
$285,000
Premium/Discount to List
-$54,000
-15.93%
Current Estimated Value
$363,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,271
Avg. Annual Appreciation
5.83%

Purchase Details

Listed on
May 31, 2019
Closed on
Nov 1, 2019
Sold by
Vo Binh T and Vo Christine A
Bought by
Sema Robert
Seller's Agent
Eric Lehouiller
Real Broker
Buyer's Agent
Richard Brazovan
MORE Realty
List Price
$369,000
Sold Price
$335,000
Premium/Discount to List
-$34,000
-9.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.11%
Original Mortgage
$318,250
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2001
Sold by
Seer Llc
Bought by
Vo Binh Thanh and Vo Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,650
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 1995
Sold by
Blankenship Bill Eugene
Bought by
Woodford Jerry E and Woodford Joy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,850
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 21, 1995
Sold by
Woodford Harvey J
Bought by
Woodford Jerry E and Woodford Joy E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,850
Interest Rate
7.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Silver V Construction Inc $285,000 Old Republic Title
Sema Robert $335,000 Ticor Title
Vo Binh Thanh $194,900 Pacific Nw Title
Woodford Jerry E $126,500 Stewart Title
Woodford Jerry E $35,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sema Robert $318,250
Previous Owner Vo Binh Thanh $126,650
Previous Owner Woodford Jerry E $94,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/27/2021 09/27/21 Sold $285,000 -15.9% $155 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
04/27/2021 04/27/21 For Sale $339,000 +1.2% $184 / Sq Ft
11/01/2019 11/01/19 Sold $335,000 -6.7% $130 / Sq Ft View Prior Sale
09/27/2019 09/27/19 Pending -- -- --
09/19/2019 09/19/19 Price Changed $359,000 -1.6% $139 / Sq Ft
08/29/2019 08/29/19 Price Changed $365,000 -1.1% $141 / Sq Ft
08/23/2019 08/23/19 For Sale $369,000 0.0% $143 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
07/18/2019 07/18/19 Price Changed $369,000 -1.6% $143 / Sq Ft
05/31/2019 05/31/19 For Sale $375,000 -- $145 / 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
2025 $3,391 $166,650 $166,650 --
2024 $3,246 $161,800 $161,800 --
2023 $3,246 $157,090 $157,090 --
2022 $2,875 $152,520 $0 $0
2021 $4,273 $225,780 $0 $0
2020 $4,021 $219,210 $0 $0
2019 $3,916 $212,830 $0 $0
2018 $3,734 $206,640 $0 $0
2017 $3,582 $200,630 $0 $0
2016 $3,158 $194,790 $0 $0
2015 $3,090 $189,120 $0 $0
2014 $3,015 $183,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Brazovan

    Seller's Agent in 2021

    Richard Brazovan

    MORE Realty

    (503) 353-6673

    1 in this area

    37 Total Sales

    Richard Brazovan
    Section Image
  • Berenice Green

    Buyer's Agent in 2021

    Berenice Green

    Builders Marketing Group

    (503) 833-2897

    4 in this area

    39 Total Sales

    Berenice Green
    Section Image
  • Eric Lehouiller

    Seller's Agent in 2019

    Eric Lehouiller

    Real Broker

    (503) 957-7497

    115 Total Sales

    Eric Lehouiller
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21440385

Regional Multiple Listing Service (RMLS)

APN: R129553

Oregon Multnomah County Gresham 97030 Northwest Gresham

650 NW Division St, Gresham, OR

Not Listed for Sale

Lots

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