NOT LISTED FOR SALE

760 W Powell Blvd Unit 780 Gresham, OR 97030

Hollybrook Neighborhood

Estimated Value: $502,000 - $609,000

6 Beds
4 Baths
2,370 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 09, 2023

Last sale price $569,500 $240 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,334/month

40 Days on Market

Highlights

  • Territorial View
  • Landscaped with Trees
  • Forced Air Heating System
  • Storage
  • Property is near a bus stop
  • Level Lot

About This Home

As of February 2023

Exceptional investment opportunity! Spacious single-story w/3 beds, 2 baths & an abundance of natural light. Both units beautifully updated w/new granite countertops, moldings, toilets, cabinets, int/ext paint & tile showers/backsplashes. Unit 780 is vacant w/new blinds, sliding glass door, laminate flooring, cabinets & vinyl floor in bath. Unit 760 w/long term tenants. Fenced yard w/mature landscaping & views create a private oasis. Roof 2007.Furnace & PEX plumbing 2006. Range, DW & fridge 2020

Last Agent to Sell the Property

Rod McAdams

Keller Williams PDX Central License #960100013 Listed on: 09/08/2022

Keller Williams PDX Central

Last Buyer's Agent

Shawn Yu

Shawn Realty License #200801215

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,588

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Level Lot
  • Landscaped with Trees

Parking

  • 5 Car Garage

Home Design

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

Interior Spaces

  • 2,370 Sq Ft Home
  • 1-Story Property
  • Storage
  • Territorial Views
  • Crawl Space
  • Security Lights

Location

  • Property is near a bus stop

Schools

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

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number R142380

Community Details

Overview

  • 2 Units
  • Hollybrook Subdivision
  • Property managed by Lic Asst Kiara 503-260-0591

Building Details

  • Operating Expense $3,747
  • Gross Income $15,612
  • Net Operating Income $11,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,588

Year Built

Built in 1973 | Remodeled

Lot Details

0

Parking

5

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1973
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: Yes
  • Lot Features: Level, OnBusline, Trees
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Territorial

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No
  • Garage Spaces: 5.0
  • Total Parking Spaces: 5.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Security: SecurityLights
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Lic Asst Kiara 503-260-0591
  • Neighborhood Features: Sidewalks and near shopping

Schools

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

Lot Info

  • Zoning: ldr
  • Parcel #: R142380

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 4587.79

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 37.79
  • Annual Gross Income: 15612.0
  • Property Net Operating Income: 11865.0
  • Annual Operating Expense: 3747.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2022
Sold by
Posch Julie A and Posch Ryan T
Bought by
Meressa Abraham and Shiferaw Tigist
Current Estimated Value
$545,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,125
Interest Rate
5.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 2, 2005
Sold by
Schmidt Mark E
Bought by
Posch Ryan T and Posch Julie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 1998
Sold by
Lindsley Robin B
Bought by
Schmidt Mark E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
7.1%
Mortgage Type
VA
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
Meressa Abraham $569,500 None Listed On Document
Posch Ryan T $192,500 Ticor Title Insurance Compan
Schmidt Mark E $157,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meressa Abraham $427,125
Previous Owner Posch Ryan T $100,000
Previous Owner Schmidt Mark E $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/09/2023 02/09/23 Sold $569,500 -3.5% $240 / Sq Ft
09/08/2022 09/08/22 For Sale $589,900 -- $249 / 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
2025 $5,552 $272,810 -- --
2024 $5,314 $264,870 -- --
2023 $5,314 $257,160 $0 $0
2022 $4,706 $249,670 $0 $0
2021 $4,588 $242,400 $0 $0
2020 $4,317 $235,340 $0 $0
2019 $4,204 $228,490 $0 $0
2018 $4,008 $221,840 $0 $0
2017 $3,846 $215,380 $0 $0
2016 $3,391 $209,110 $0 $0
2015 $3,282 $203,020 $0 $0
2014 $3,163 $197,110 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rod McAdams

    Seller's Agent in 2023

    Rod McAdams

    Keller Williams PDX Central

    (503) 504-7637

    1 in this area

    71 Total Sales

    Rod McAdams
    Section Image
  • Shawn Yu

    Buyer's Agent in 2023

    Shawn Yu

    Shawn Realty

    (503) 515-4499

    1 in this area

    33 Total Sales

    Shawn Yu
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22299386

Regional Multiple Listing Service (RMLS)

APN: R142380

Oregon Multnomah County Gresham 97030 Hollybrook

760 W Powell Blvd Unit 780, Gresham, OR

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