NOT LISTED FOR SALE

685 NW Angeline Ave Unit 693 Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $503,000 - $597,000

5 Beds
3 Baths
3,164 Sq Ft
$170/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $553,500 $175 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,227/month

92 Days on Market

Highlights

  • Level Lot
  • Lap Siding
  • Heating System Uses Gas

About This Home

As of January 2024

Great opportunity for a well-maintained Gresham TriplexUnit 1 (685) was built in 1949 and is a 3 bed 1.5 bath with 1280 sqft. This unit had the heating system replaced with a heat pump.Unit 2 (693) was built in 1944 and is a 1 bed 1 bath with 628 sqft of livable space and a 628 sqft full basement. Home has a newer gas fireplace with full mantle.Unit 3 (697) was built in 1944 and is a 1 bed 1 bath 628 sqft. Home has a newer gas fireplace with full mantle.All units have had their water pipes replaced with new pex piping. This property can be subdivided into 2 lots for a possible 1 to 4 more units. Buyer to do their own due diligence.Property is only 2 blocks from Bella Vista Park

Last Agent to Sell the Property

Brian Whistler

Premiere Property Group, LLC License #201225531 Listed on: 08/15/2023

Premiere Property Group, LLC

Co-Listed By

Greg Whistler

Premiere Property Group, LLC License #940700095

Last Buyer's Agent

Todd Gang

ECOPRO Realty Group License #980700160

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1944

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Hollydale Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R338717

Community Details

Overview

  • 3 Units
  • East Hill Subdivision

Building Details

  • Operating Expense $8,338
  • Gross Income $33,600
  • Net Operating Income $25,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,433

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1944
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 553500.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: None
  • Cooling Y N: No
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Hollydale
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: L.DR
  • Parcel #: R338717

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4432.78

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.37
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 25262.0
  • Annual Operating Expense: 8338.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 19, 2024
Sold by
Klein Douglas L and Klein Mutsumi O
Bought by
Balderas Arellano Leonardo and Balderas Claudia Claudia
Seller's Agent
Brian Whistler
Premiere Property Group, LLC
Buyer's Agent
Todd Gang
ECOPRO Realty Group
List Price
$549,999
Sold Price
$553,500
Premium/Discount to List
$3,501
0.64%
Views
24
Current Estimated Value
$537,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,500
Avg. Annual Appreciation
-1.49%
Original Mortgage
$442,800
Outstanding Balance
$434,762
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$102,238

Purchase Details

Closed on
May 29, 2003
Sold by
Hug Duane L
Bought by
Klein Douglas L and Klein Mutsumi O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Balderas Arellano Leonardo $553,500 Wfg Title
Klein Douglas L $200,000 Transnation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderas Arellano Leonardo $442,800
Previous Owner Klein Douglas L $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2024 01/19/24 Sold $553,500 +0.6% $175 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $549,999 0.0% $174 / Sq Ft
11/08/2023 11/08/23 For Sale $549,999 -7.6% $174 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $594,999 -4.7% $188 / Sq Ft
08/15/2023 08/15/23 For Sale $624,500 -- $197 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $5,229 $256,950 -- --
2024 $5,005 $249,470 -- --
2023 $4,560 $242,210 $0 $0
2022 $4,433 $235,160 $0 $0
2021 $4,321 $228,320 $0 $0
2020 $4,066 $221,670 $0 $0
2019 $3,960 $215,220 $0 $0
2018 $3,775 $208,960 $0 $0
2017 $3,622 $202,880 $0 $0
2016 $3,194 $196,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Whistler

    Seller's Agent in 2024

    Brian Whistler

    Premiere Property Group, LLC

    (503) 349-9084

    3 in this area

    86 Total Sales

    Brian Whistler
    Section Image
  • Greg Whistler

    Seller Co-Listing Agent in 2024

    Greg Whistler

    Premiere Property Group, LLC

    (503) 936-3495

    3 in this area

    74 Total Sales

    Greg Whistler
    Section Image
  • Todd Gang

    Buyer's Agent in 2024

    Todd Gang

    ECOPRO Realty Group

    (855) 326-7767

    3 in this area

    142 Total Sales

    Todd Gang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23176742

Regional Multiple Listing Service (RMLS)

APN: R338717

Oregon Multnomah County Gresham 97030 Northwest Gresham

685 NW Angeline Ave Unit 693, Gresham, OR

Not Listed for Sale

MultiFamily

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