$1,142,600
SOLD DEC 6, 2019

709 SE 212th Ave Unit 723 Gresham, OR 97030

North Central Neighborhood
5 Beds
4 Baths
6,638 Sq Ft
0.5 Acres

Recently Sold

$172 Per Sq Ft

2% Below List Price

34 Days on Market

About This Home

As of June 2022

This Gresham seven unit is located in a quiet location, with off-street parking, and has had full renovations on four of the units. All units have 1.5 baths, with four- two bedroom units and three- three bedroom units. Three of the units have potential to be upgraded upon turnover.

Last Agent to Sell the Property

Bernard Gehret

Joseph Bernard LLC License #200009029 Listed on: 07/03/2019

Joseph Bernard LLC

Last Buyer's Agent

Patrick Sheehan

Better Homes & Gardens Realty License #200506399

Better Homes & Gardens Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,226

Year Built

  • Built in 1971

Additional Features

  • 2-Story Property
  • 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

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 6638
  • Stories: 2
  • Year Built: 1971
  • Remarks Public: This Gresham seven unit is located in a quiet location, with off-street parking, and has had full renovations on four of the units. All units have 1.5 baths, with four- two bedroom units and three- three bedroom units. Three of the units have potential to be upgraded upon turnover.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: LINDY ADD, BLOCK 2, LOT 22

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres

Utilities

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

Schools

  • Elementary School: North Gresham
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Zoning: MDR-12

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 9293.36
  • Assessor Parcel Number: R207663
  • Tax Year: 2018

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 7
  • Gross Rent Multiplier: 11.56

MLS Schools

  • Elementary School: North Gresham
  • High School: Gresham
  • 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%
Current Estimated Value
$1,122,674

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$222,326
Avg. Annual Appreciation
-6.26%
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
Source: Public Records

Similar Home in Gresham, OR

  • 151 SE Hogan Rd Unit 165, Gresham, OR 97080

    $950,000

    • 8 Beds
    • 4 Baths
    • 151 SE Hogan Rd
    • Unit 165
    • Gresham, OR

    Excellent Investment Opportunity in Prime Gresham Location! Don’t miss this rare chance to own a well-maintainedfourplex just minutes from shopping, dining, transit, and downtown Gresham. Each of the four 2-bedroom, 1-bath units oerscomfortable living. Tenants enjoy the convenience of a detached single-car garage for each unit, plus extra parking space.Located close to Mt. Hood Community College,

    ANITA CASTRO Matin Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,345,000 Fidelity National Title
Warranty Deed $1,142,600 Fidelity National Ttl Of Or
Warranty Deed $875,000 Chicago Title
Warranty Deed $460,000 First American
Warranty Deed $165,000 First American Title Co
Interfamily Deed Transfer $175,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,015,000 New Conventional
Previous Owner $551,000 Future Advance Clause Open End Mortgage
Previous Owner $615,000 Commercial
Previous Owner $50,350 Seller Take Back
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19503067

Regional Multiple Listing Service (RMLS)

APN: R207663