NOT LISTED FOR SALE

847 SE Francis Ave Unit 867 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $510,573 - $590,000

4 Beds
2 Baths
1,976 Sq Ft
$272/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $430,000 $218 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,319/month

138 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Level Lot
  • Detached Garage
  • Zoned Heating

About This Home

As of December 2020

Quiet Gresham location south of Powell. Both units have a garage, deck, back yard, new siding and vinyl windows. Unit 867 has recent interior upgrades. Live in one unit and rent the other. One unit has RV Parking. Drive by, take a look and call your realtor. Do not enter property or contact the tenants... Thanks

Last Agent to Sell the Property

Laraine Durham

Premiere Property Group, LLC License #930100011 Listed on: 06/04/2020

Premiere Property Group, LLC

Last Buyer's Agent

Mathew Purcell

John L. Scott Market Center License #201209428

John L. Scott Market Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1978

Lot Details

  • Level Lot

Parking

  • Detached Garage

Home Design

  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,976 Sq Ft Home
  • Wood Flooring
  • Crawl Space

Schools

  • Harold Oliver Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R139158

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,600
  • Gross Income $33,600
  • Net Operating Income $28,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,967

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Year Built: 1978
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Exempt

Garage/Parking

  • Parking Description: Detached, Garage
  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Harold Oliver
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: MDR-12
  • Parcel #: R139158

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2019
  • Tax Annual Amount: 3967.22

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 13.08
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 28000.0
  • Annual Operating Expense: 5600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2020
Closed on
Dec 1, 2020
Sold by
Jnj Properties Llc
Bought by
Zhang Ansheng and Zhang Wei
Seller's Agent
Laraine Durham
Premiere Property Group, LLC
Buyer's Agent
Mathew Purcell
John L. Scott Market Center
List Price
$449,595
Sold Price
$430,000
Premium/Discount to List
-$19,595
-4.36%
Current Estimated Value
$538,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,393
Avg. Annual Appreciation
4.71%
Original Mortgage
$322,500
Outstanding Balance
$286,979
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$251,414

Purchase Details

Closed on
May 13, 2015
Sold by
Hessler Ginger Lee
Bought by
Jnj Properties Llc

Purchase Details

Closed on
Sep 18, 2012
Sold by
Swanson Michael Amling
Bought by
Hessler Ginger Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2004
Sold by
Edmonds Stephen A
Bought by
Swanson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 17, 1997
Sold by
Edmonds Stephen A
Bought by
Edmonds Stephen A and Edmonds Wanda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Zhang Ansheng $430,000 Fidelity National Title Of O
Jnj Properties Llc -- None Available
Hessler Ginger Lee $192,000 First American
Swanson Barbara $173,000 Chicago Title Insurance Co
Edmonds Stephen A -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Ansheng $322,500
Previous Owner Hessler Ginger Lee $144,000
Previous Owner Swanson Barbara $138,400
Previous Owner Edmonds Stephen A $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $430,000 -2.2% $218 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
07/30/2020 07/30/20 Price Changed $439,595 -2.2% $222 / Sq Ft
06/03/2020 06/03/20 For Sale $449,595 -- $228 / 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 $5,788 $284,440 -- --
2024 $5,541 $276,160 -- --
2023 $5,048 $268,120 $0 $0
2022 $4,907 $260,320 $0 $0
2021 $4,783 $252,741 $0 $0
2020 $4,074 $222,100 $0 $0
2019 $3,967 $215,640 $0 $0
2018 $3,783 $209,360 $0 $0
2017 $3,629 $203,270 $0 $0
2016 $3,200 $197,350 $0 $0
2015 $3,131 $191,610 $0 $0
2014 -- $186,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Laraine Durham

    Premiere Property Group, LLC

    Section Image
  • Mathew Purcell

    Buyer's Agent in 2020

    Mathew Purcell

    John L. Scott Market Center

    (503) 729-1495

    1 in this area

    64 Total Sales

    Mathew Purcell
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20340391

Regional Multiple Listing Service (RMLS)

APN: R139158

Oregon Multnomah County Gresham 97080 Mount Hood

847 SE Francis Ave Unit 867, Gresham, OR

Not Listed for Sale

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