NOT LISTED FOR SALE

830 SE Lambert Cir Unit 832 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $491,059 - $534,000

5 Beds
3 Baths
1,884 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $524,900 $279 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,291/month

2 Days on Market

Highlights

  • Corner Lot
  • Cooling Available
  • 4 Car Garage
  • Cul-De-Sac
  • Baseboard Heating
  • 1-Story Property

About This Home

As of August 2023

INVESTMENT OPPORTUNITY!!! This charming, single-level duplex is perfect for investors and owner occupants alike. Live on one side and rent the other, or leave long-term tenants in place! Nestled in a quiet cul-de-sac, #832 features 3 beds / 1.5 baths and 2 beds / 1 bath in #830. Both units include an attached single-car garage full of storage potential, as well as separate/private backyard spaces. Conveniently located close to shopping/restaurants, multiple parks, Mt. Hood Community College, DT Gresham & much more! Quick access to HWY 26. No HOA!

Last Agent to Sell the Property

Cody Gibson

Keller Williams PDX Central License #201109060 Listed on: 07/06/2023

Keller Williams PDX Central

Co-Listed By

David Girard

Keller Williams PDX Central License #201221204

Last Buyer's Agent

Benjamin Roth

MORE Realty License #201011016

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 1979

Lot Details

  • Cul-De-Sac
  • Corner Lot

Parking

  • 4 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,884 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Schools

  • Hogan Cedars Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R164228

Community Details

Overview

  • 2 Units
  • Fleming Terrace Subdivision
  • Property managed by Andrew Gilburne

Building Details

  • Operating Expense $9,000
  • Gross Income $45,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,831

Year Built

Built in 1979

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1979
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Cul_de_sac
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 4.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: HeatPump
  • Cooling Y N: Yes
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: Andrew Gilburne
  • Management Phone: 503-788-8669

Schools

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

Lot Info

  • Zoning: MDR-12
  • Parcel #: R164228

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4830.91

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 11.66
  • Annual Gross Income: 45000.0
  • Property Net Operating Income: 36000.0
  • Annual Operating Expense: 9000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Aug 18, 2023
Sold by
Salmon Loretta Denise
Bought by
Lytle Jordan
Seller's Agent
Cody Gibson
Keller Williams PDX Central
Buyer's Agent
Benjamin Roth
MORE Realty
List Price
$524,900
Sold Price
$524,900
Views
17
Current Estimated Value
$518,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,385
Avg. Annual Appreciation
-1.42%
Original Mortgage
$515,392
Outstanding Balance
$506,865
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$4,388

Purchase Details

Closed on
Jan 19, 2011
Sold by
Salmon Loretta
Bought by
Salmon Loretta Denise and Brunson Gloria Grace

Purchase Details

Closed on
Sep 26, 2008
Sold by
Kramer Tammy A
Bought by
Salmon Loretta and Brunson Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Lytle Jordan $524,900 Chicago Title
Salmon Loretta Denise -- None Available
Salmon Loretta $250,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lytle Jordan $515,392
Previous Owner Salman Loretta Denise $15,000
Previous Owner Salmon Loretta Denise $117,200
Previous Owner Salmon Loretta Denise $156,000
Previous Owner Salmon Loretta $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $524,900 0.0% $279 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $524,900 -- $279 / 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 $4,970 $263,960 $0 $0
2022 $4,831 $256,280 $0 $0
2021 $4,709 $248,820 $0 $0
2020 $4,431 $241,580 $0 $0
2019 $4,315 $234,550 $0 $0
2018 $4,114 $227,720 $0 $0
2017 $3,947 $221,090 $0 $0
2016 $3,481 $214,660 $0 $0
2015 $3,405 $208,410 $0 $0
2014 $3,322 $202,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23641345

Regional Multiple Listing Service (RMLS)

APN: R164228