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 LLCLicense #200009029Listed on: 07/03/2019
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
DateNameOwned ForOwner Type
Jun 2022 - PresentHartshorn Enterprises 1 Llc3 Years and 1 Month
Company
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
Dec 2019 - Jun 2022Otis Developments Llc2 Years and 6 Months
Company
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
Jun 2018 - Dec 2019Davu2 Investments Llc1 Year and 6 Months
Company
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
Mar 2004 - Jun 2018Hui Tony Bong Shing and Hui Luyen Thi Huynh14 Years and 3 Months
Private Individual
Purchase Details
Closed on
Mar 29, 2004
Sold by
Suminski Michael T
Bought by
Hui Tony Bong Shing and Hui Luyen Thi Huynh
Dec 1999 - Mar 2004Albertsons Inc4 Years and 3 Months
Private Individual
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
Dec 1999 - Dec 1999Suminski Michael T and Suminski DoreenLess than a month
Private Individual
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.
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,
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
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This home is located at 709 SE 212th Ave Unit 723, Gresham, OR 97030 and is currently priced at $1,142,600, approximately $172 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.
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