NOT LISTED FOR SALE

804 SE Cochran Dr Unit 814 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $524,647 - $599,000

6 Beds
4 Baths
2,128 Sq Ft
$260/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $449,900 $211 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,491/month

47 Days on Market

Highlights

  • Corner Lot
  • Board and Batten Siding
  • Garage

About This Home

As of January 2021

Great investment property on a corner lot in a quiet Gresham neighborhood! Near to park, shopping, and schools. Both units have been maintained extremely well, unit 804 has had a kitchen remodel, bathroom upgrades, newer water heater, newer interior paint, new heaters. Unit 814 has had updates in the bathroom. Exterior paint on entire structure in 2020. Gutter helmet system. Tenants are on month to month leases, would like to stay, one tenant has been renting since 2007. Don't miss this one!

Last Listed By

Aaron Rader

Redfin License #201214015 Listed on: 10/14/2020

Redfin

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1978

Lot Details

  • 8,581

Parking

  • Garage

Home Design

  • Board and Batten Siding
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space

Kitchen

  • Range
  • Dishwasher
  • Disposal

Additional Features

  • Corner Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 2128
  • Stories: 2
  • Year Built: 1978
  • Remarks Public: Great investment property on a corner lot in a quiet Gresham neighborhood! Near to park, shopping, and schools. Both units have been maintained extremely well, unit 804 has had a kitchen remodel, bathroom upgrades, newer water heater, newer interior paint, new heaters. Unit 814 has had updates in the bathroom. Exterior paint on entire structure in 2020. Gutter helmet system. Tenants are on month to month leases, would like to stay, one tenant has been renting since 2007. Don't miss this one!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: FLEMING TERRACE, BLOCK 4, LOT 1
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Board & Batten Siding, Cement Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Paved, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity, Tank
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Range, Washer/Dryer Hookup

Schools

  • Elementary School: Hogan Cedars
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Corner Lot
  • Zoning: MDR-12

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 4371.22
  • Assessor Parcel Number: R164258
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.71

MLS Schools

  • Elementary School: Hogan Cedars
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Jan 5, 2021
Sold by
Grant Paul E and Grant Sharon D
Bought by
Wu Zhen and Wu Karen
Seller's Agent
Aaron Rader
Redfin
Buyer's Agent
Karen Wu
Habitat Resource Properties
List Price
$449,900
Sold Price
$449,900
Total Days on Market
47
Current Estimated Value
$553,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,012
Avg. Annual Appreciation
4.93%
Original Mortgage
$337,425
Outstanding Balance
$304,532
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$249,380

Purchase Details

Closed on
Jul 21, 2006
Sold by
Anderson Dan E
Bought by
Grant Paul E and Grant Sharon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,650
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Liesagang Christine Y
Bought by
Anderson Dan E and Anderson Jana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,900
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 14, 2002
Sold by
Ables Mary C
Bought by
Liesagang Christine Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

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
Wu Zhen $449,900 Fidelity National Ttl Of Or
Grant Paul E $273,350 Pacific Nw Title
Anderson Dan E $234,900 Transnation Title Agency Or
Liesagang Christine Y $179,500 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Zhen $337,425
Previous Owner Grant Paul E $218,650
Previous Owner Grant Paul E $27,300
Previous Owner Anderson Dan E $187,900
Previous Owner Anderson Dan E $23,500
Previous Owner Liesegang Christine Y $75,000
Previous Owner Liesagang Christine Y $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $449,900 0.0% $211 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
10/30/2020 10/30/20 For Sale $449,900 0.0% $211 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $449,900 -- $211 / 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 $5,035 $267,400 $0 $0
2022 $4,894 $259,620 $0 $0
2021 $4,771 $252,060 $0 $0
2020 $4,489 $244,720 $0 $0
2019 $4,371 $237,600 $0 $0
2018 $4,168 $230,680 $0 $0
2017 $3,999 $223,970 $0 $0
2016 $3,526 $217,450 $0 $0
2015 $3,450 $211,120 $0 $0
2014 $3,366 $204,980 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20284387

Regional Multiple Listing Service (RMLS)

APN: R164258