NOT LISTED FOR SALE

840 NE Division St Unit 842 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $437,000 - $480,000

4 Beds
2 Baths
1,778 Sq Ft
$258/Sq Ft Est. Value

Last Sold February 26, 2015

Last sale price $226,000 $127 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $2,939/month

197 Days on Market

Highlights

  • Fireplace
  • Level Lot
  • 1-Story Property
  • Attached Garage
  • Wood Siding

About This Home

As of February 2015

Rcently updated w/new cadet heaters. 2013 roof, vinyl windows. 840 bath redone to studs; newer appliances & bath fixtures; wood-type laminate in dining/kitchen/laundry; fenced back & side with patio. 842 redone in 2012, fenced back. Rear parking for units+garage. Sparkles inside! Good location by bus & lite rail, shopping. Rents low w/new tenants, owner friends on mo-mo may stay longer. Call Listing agents for showings.

Last Listed By

Darren O'Halloran

Kohler Meyers O'Halloran Inc. License #990200101 Listed on: 07/10/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 1973

Lot Details

  • 7,667

Parking

  • Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,723

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1778
  • Stories: 1
  • Year Built: 1973
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Slab
  • Legal Description: CLEVELAND ADD, BLOCK B, LOT 20&21 TL 2300

Exterior Features

  • Exterior Description: Aluminum, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Parking Description: Attached

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Wall Furnace
  • Utilities Included: Trash Collection, Water

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Range, Refrigerator

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: Multi

Tax Info

  • Tax Amount: 2514.28
  • Assessor Parcel Number: R135498

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.63

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2014
Closed on
Feb 24, 2015
Sold by
Jensen Kurt N
Bought by
Massoni Family Living Trust
Seller's Agent
Darren O'Halloran
Kohler Meyers O'Halloran Inc.
Buyer's Agent
Sayla Hachey
HomeSmart Realty Group
List Price
$237,500
Sold Price
$226,000
Premium/Discount to List
-$11,500
-4.84%
Total Days on Market
197
Current Estimated Value
$459,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,030
Avg. Annual Appreciation
7.22%

Purchase Details

Closed on
Oct 1, 1999
Sold by
Noe Jerry D
Bought by
Nugent Pamela R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1999
Sold by
Noe Jerry D and Noe Teresa L Nugent
Bought by
Noe Jerry D and Noe Teresa L Nugent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 1997
Sold by
Zeigler Ryan C
Bought by
Noe Jerry D and Nugent Teresa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
7.49%
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
Massoni Family Living Trust $226,000 First American
Nugent Pamela R $170,000 Oregon Title Insurance Co
Noe Jerry D -- Oregon Title Insurance Co
Noe Jerry D $155,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nugent Pamela R $161,500
Previous Owner Noe Jerry D $31,200
Previous Owner Noe Jerry D $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2015 02/26/15 Sold $226,000 -4.8% $127 / Sq Ft
01/23/2015 01/23/15 Pending -- -- --
07/10/2014 07/10/14 For Sale $237,500 -- $134 / 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 $4,723 $250,860 $0 $0
2022 $4,591 $243,560 $0 $0
2021 $4,476 $236,470 $0 $0
2020 $4,211 $229,590 $0 $0
2019 $4,101 $222,910 $0 $0
2018 $3,910 $216,420 $0 $0
2017 $3,752 $210,120 $0 $0
2016 $3,308 $204,000 $0 $0
2015 $3,236 $198,060 $0 $0
2014 $2,755 $172,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 14374789

Regional Multiple Listing Service (RMLS)

APN: R135498