NOT LISTED FOR SALE

725 NE 5th St Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $350,000 - $491,933

4 Beds
2 Baths
1,069 Sq Ft
$398/Sq Ft Est. Value

Last Sold August 16, 2019

Last sale price $270,000 $253 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,606/month

6 Days on Market

Highlights

  • RV Access or Parking
  • 5-minute walk to Gresham Central Transit Center
  • 2 Car Attached Garage
  • Corner Lot
  • No HOA
  • 4-minute walk to Gresham Splash Pad Park

About This Home

As of August 2019

Investors Delight! 4 bedroom, 2 bath fixer, oversized corner lot,Vinyl windows, Note: Buyer to check with City for what can be done with the property. Lot zoned DLR-2. Home has Master Bedroom with Bath. Excellent potential for the right buyer. Walking distance to downtown Gresham. Enjoy quaint shops and restaurants. Close to Saturday Gresham Farmers Market. Close to Bus and Churches.

Last Agent to Sell the Property

Leslee Dirk

ERA Freeman & Associates License #780301826 Listed on: 06/10/2019

Last Buyer's Agent

Darren O'Halloran

Kohler Meyers O'Halloran Inc. License #990200101

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1955

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned DRL-2

Parking

  • 2 Car Attached Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Composition Roof
  • Shake Siding

Interior Spaces

  • 1,069 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Self Contained Fireplace Unit Or Insert
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Highland Elementary School
  • Clear Creek Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Zoned Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R313979

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,732

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Stories: 1
  • Year Built: 1955
  • Property Condition: Approximately
  • Property Sub Type: SingleFamilyResidence
  • Architectural Style: Ranch
  • New Construction: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None

Interior Features

  • Total Bathrooms: 2.0
  • Fireplaces: 1
  • Room 4 Description: _4thBedroom
  • Room 4 Level: Main
  • Basement: CrawlSpace
  • Appliances: Dishwasher, FreeStandingRange
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert, WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt10000to14999
  • Room 11 Level: Main
  • Room 12 Level: Main
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Additional Room 8 Level: Main
  • Room 9 Description: DiningRoom
  • Additional Room 9 Level: Main

Exterior Features

  • Exterior Description: ShakeSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • View: No
  • Lot Features: CornerLot, Level
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway, RVAccessParking
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle Or Junior School: Clear Creek

Lot Info

  • Farm: No
  • Zoning: DRL-2
  • Lot Size Acres: 0.25
  • Lot Size: 11,000
  • Lot Size Sq Ft: 10890.0
  • Parcel #: R313979

Green Features

  • Green Certification: No

Rental Info

  • Rent Amount: 1500

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 2731.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Aug 13, 2019
Sold by
Rockove Properties 1 Llc
Bought by
Weber Andrea Christine
Seller's Agent
Leslee Dirk
ERA Freeman & Associates
Buyer's Agent
Darren O'Halloran
Kohler Meyers O'Halloran Inc.
List Price
$249,950
Sold Price
$270,000
Premium/Discount to List
$20,050
8.02%
Current Estimated Value
$414,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,251
Avg. Annual Appreciation
7.80%

Purchase Details

Closed on
Mar 27, 2014
Sold by
Rockove Shammai
Bought by
Rockove Properties #1 Llc

Purchase Details

Closed on
Dec 29, 2010
Sold by
Rockove Theresa
Bought by
Rockove Shammai and Rockove Theresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2001
Sold by
Rockove Theresa
Bought by
Rockove Theresa and Rockove Shammai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2001
Sold by
Foxon Keith F
Bought by
Rockove Theresa and Rockove Shammai
Source: Public Records

Range of Values:

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Average Value
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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
Weber Andrea Christine $270,000 First American
Rockove Properties #1 Llc -- None Available
Rockove Shammai -- Fidelity Natl Title Co Of Or
Rockove Theresa -- Chicago Title Insurance Co
Rockove Theresa -- Chicago Title Insurance Co
Rockove Theresa $90,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rockove Shammai $97,000
Previous Owner Rockove Theresa $104,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2019 08/16/19 Sold $270,000 +8.0% $253 / Sq Ft
06/16/2019 06/16/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $249,950 -- $234 / 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 $4,184 $222,250 $0 $0
2022 $4,067 $215,780 $0 $0
2021 $3,965 $209,496 $0 $0
2020 $2,942 $160,400 $0 $0
2019 $2,865 $155,730 $0 $0
2018 $2,732 $151,200 $0 $0
2017 $2,621 $146,800 $0 $0
2016 $2,311 $142,530 $0 $0
2015 $2,261 $138,380 $0 $0
2014 $2,206 $134,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leslee Dirk

    Seller's Agent in 2019

    Leslee Dirk

    ERA Freeman & Associates

    (503) 318-0927

    72 Total Sales

    Section Image
  • Darren O'Halloran

    Buyer's Agent in 2019

    Darren O'Halloran

    Kohler Meyers O'Halloran Inc.

    (503) 703-8168

    2 in this area

    98 Total Sales

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 19388855

Regional Multiple Listing Service (RMLS)

APN: R313979

Oregon Multnomah County Gresham 97030 Downtown Gresham

725 NE 5th St, Gresham, OR

This home is located at 725 NE 5th St, Gresham, OR 97030 since 10 June 2019 and is currently estimated at $425,233, approximately $397 per square foot. This property was built in 1955. 725 NE 5th St is a home located in Multnomah County with nearby schools including Highland Elementary School, Clear Creek Middle School, and Gresham High School.

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