NOT LISTED FOR SALE

709 SE 212th Ave Unit 723 Gresham, OR 97030

North Central Neighborhood

Estimated Value: $616,000 - $1,354,000

10 Beds
8 Baths
6,638 Sq Ft
$166/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $1,345,000 $203 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $7,032/month

43 Days on Market

About This Home

As of June 2022

Please do not disturb tenants. Great apartment complex on a private street in Gresham. One four-plex and a triplex with strong rents. Most units have been updated. Interior inspection with accepted offer.

Last Listed By

Patrick Sheehan

Better Homes & Gardens Realty License #200506399 Listed on: 01/15/2022

Better Homes & Gardens Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,226

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 0.5

Parking

  • Paved Parking

Home Design

  • Brick Exterior Construction
  • Lap Siding
  • Concrete Perimeter Foundation

Additional Features

  • Dishwasher
  • Crawl Space
  • Private Lot
  • Electric Water Heater

Community Details

  • 7 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,226

Year Built

Built in 1971 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6638
  • Year Built: 1971
  • Property Condition: Updated/Remodeled
  • Remarks Public: Please do not disturb tenants. Great apartment complex on a private street in Gresham. One four-plex and a triplex with strong rents. Most units have been updated. Interior inspection with accepted offer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LINDY ADD, BLOCK 2, LOT 22
  • Basement: Crawl Space

Exterior Features

  • Exterior Description: Brick, Lap Siding
  • Lot Size: 20K-.99AC
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Wall Furnace

Condo/Co-op/Association

  • Unit Features: Dishwasher, Refrigerator, Washer/Dryer Hookup

Schools

  • Middle School: Clear Creek

Lot Info

  • Lot Description: Private
  • Zoning: MDR12

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 10008.76
  • Assessor Parcel Number: R207663
  • Tax Year: 2020

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 12.01

MLS Schools

  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2022
Closed on
Jun 7, 2022
Sold by
Otis Developments Llc
Bought by
Hartshorn Enterprises 1 Llc
Seller's Agent
Patrick Sheehan
Better Homes & Gardens Realty
Buyer's Agent
Erik Meyer
MORE Realty
List Price
$1,365,000
Sold Price
$1,345,000
Premium/Discount to List
-$20,000
-1.47%
Total Days on Market
43
Current Estimated Value
$1,099,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$245,574
Avg. Annual Appreciation
-6.67%
Original Mortgage
$1,015,000
Outstanding Balance
$971,232
Interest Rate
5.09%
Mortgage Type
New Conventional
Estimated Equity
$128,194

Purchase Details

Listed on
Jul 3, 2019
Closed on
Dec 5, 2019
Sold by
Davu2 Investments Llc
Bought by
Otis Developments Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Patrick Sheehan
Better Homes & Gardens Realty
List Price
$1,170,000
Sold Price
$1,142,600
Premium/Discount to List
-$27,400
-2.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$551,000
Interest Rate
3.75%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 5, 2018
Closed on
Jun 7, 2018
Sold by
Hui Tong Bong Shing
Bought by
Davu2 Investments Llc
Seller's Agent
Bernard Gehret
Joseph Bernard LLC
Buyer's Agent
Bernard Gehret
Joseph Bernard LLC
List Price
$1,000,000
Sold Price
$875,000
Premium/Discount to List
-$125,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.61%
Original Mortgage
$615,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2004
Sold by
Suminski Michael T
Bought by
Hui Tony Bong Shing and Hui Luyen Thi Huynh

Purchase Details

Closed on
Dec 15, 1999
Sold by
Suminski Michael T and Suminski Doreen
Bought by
Albertsons Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 13, 1999
Sold by
Suminski Marie J
Bought by
Suminski Michael T and Suminski Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,350
Interest Rate
7.82%
Mortgage Type
Seller Take Back

Range of Values:

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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
Hartshorn Enterprises 1 Llc $1,345,000 Fidelity National Title
Otis Developments Llc $1,142,600 Fidelity National Ttl Of Or
Davu2 Investments Llc $875,000 Chicago Title
Hui Tony Bong Shing $460,000 First American
Albertsons Inc $165,000 First American Title Co
Suminski Michael T $175,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartshorn Enterprises 1 Llc $1,015,000
Previous Owner Otis Developments Llc $551,000
Previous Owner Davu2 Investments Llc $615,000
Previous Owner Suminski Michael T $50,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $1,345,000 -1.5% $203 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $1,365,000 0.0% $206 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
01/15/2022 01/15/22 For Sale $1,365,000 +19.5% $206 / Sq Ft
12/06/2019 12/06/19 Sold $1,142,600 -2.3% $172 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
07/03/2019 07/03/19 For Sale $1,170,000 +33.7% $176 / Sq Ft
06/11/2018 06/11/18 Sold $875,000 -12.5% $132 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $1,000,000 -- $151 / 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 $11,226 $596,270 $0 $0
2022 $10,913 $578,910 $0 $0
2021 $10,638 $562,050 $0 $0
2020 $10,009 $545,680 $0 $0
2019 $9,747 $529,790 $0 $0
2018 $9,293 $514,360 $0 $0
2017 $8,916 $499,380 $0 $0
2016 $7,861 $484,840 $0 $0
2015 $7,691 $470,720 $0 $0
2014 $7,504 $457,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patrick Sheehan

    Seller's Agent in 2022

    Patrick Sheehan

    Better Homes & Gardens Realty

    (503) 734-0337

    1 in this area

    55 Total Sales

    Patrick Sheehan
    Section Image
  • Erik Meyer

    Buyer's Agent in 2022

    Erik Meyer

    MORE Realty

    (503) 522-6939

    1 in this area

    17 Total Sales

    Erik Meyer
    Section Image
  • Bernard Gehret

    Seller's Agent in 2019

    Bernard Gehret

    Joseph Bernard LLC

    (503) 546-9390

    14 Total Sales

    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22611068

Regional Multiple Listing Service (RMLS)

APN: R207663

Oregon Multnomah County Gresham 97030 North Central

709 SE 212th Ave Unit 723, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 709 SE 212th Ave Unit 723, Gresham, OR 97030 since 15 January 2022 and is currently estimated at $1,099,426, approximately $165 per square foot. This property was built in 1971. 709 SE 212th Ave Unit 723 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.

Regional Multiple Listing Service (RMLS) The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2025 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.

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