NOT LISTED FOR SALE

850 W Powell Blvd Unit 860 Gresham, OR 97030

Hollybrook Neighborhood

Estimated Value: $421,000 - $454,000

4 Beds
2 Baths
1,768 Sq Ft
$252/Sq Ft Est. Value

Last Sold February 19, 2016

Last sale price $204,621 $116 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,849/month

60 Days on Market

Highlights

  • Washer and Dryer
  • Wood Siding
  • 1-Story Property
  • Level Lot

About This Home

As of February 2016

Affordable duplex in Gresham near shopping, bus lines, etc. Great investment opportunity! New roof in 2011. Add'l updates include newer windows, water heater, carpet and paint. One unit had complete remodel in 2010.

Last Agent to Sell the Property

Mike Miller

RE/MAX HomeSource License #900300332 Listed on: 10/19/2015

RE/MAX HomeSource

Last Buyer's Agent

Tony Uzuegbunam

M Realty Llc - L.O. License #201107040

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,336

Year Built

  • Built in 1973

Lot Details

  • 8,494

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Washer and Dryer

Kitchen

  • Range
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units
  • Property managed by Tenant, Pam, unit 850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,336

Year Built

Built in 1973

Lot Details

0

Parking

4

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1768
  • Stories: 1
  • Year Built: 1973
  • Year Built Description: Approximately
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: CREASY PK, BLOCK 2, LOT 5

Exterior Features

  • Exterior Description: T-111 Siding, Wood Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 4
  • Parking Description: Paved

Utilities

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

Condo/Co-op/Association

  • Management Name: Tenant, Pam, unit 850
  • Management Phone: 971-274-6663
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer

Schools

  • Elementary School: West Gresham
  • Middle School: Dexter McCarty
  • High School: Gresham

Lot Info

  • Lot Description: Level
  • Zoning: C-2-4

Tax Info

  • Tax Amount: 2834.90
  • Assessor Parcel Number: R142378

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 10.95

MLS Schools

  • Elementary School: West Gresham
  • High School: Gresham
  • Middle School: Dexter McCarty

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Mustapha Abdulai
Bought by
Nesukh Diana
Total Days on Market
60
Current Estimated Value
$445,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$320,582
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$124,640

Purchase Details

Listed on
Oct 19, 2015
Closed on
Feb 10, 2016
Sold by
Bell Christopher T
Bought by
Abdulai Mustapha
Seller's Agent
Mike Miller
RE/MAX HomeSource
Buyer's Agent
Tony Uzuegbunam
M Realty Llc - L.O.
List Price
$214,900
Sold Price
$204,621
Premium/Discount to List
-$10,279
-4.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%
Original Mortgage
$153,450
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2005
Sold by
Bell Christopher T
Bought by
Bell Christopher T and Bell Carri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 11, 2005
Sold by
Hogaboam Radley
Bought by
Bell Christopher T and Bell Carri A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
5.74%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 23, 2001
Sold by
Baker Kenneth B
Bought by
Hogaboam Hadley and Hogaboam Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,640
Interest Rate
7.15%
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
Nesukh Diana $350,000 Ticor Title
Abdulai Mustapha $204,620 Fidelity Natl Title Co Of Or
Bell Christopher T -- --
Bell Christopher T $200,000 Pacific Nw Title
Hogaboam Hadley $141,000 Transnation Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nesukh Diana $343,660
Previous Owner Bdulai Mustapha A $172,500
Previous Owner Abdulai Mustapha $173,600
Previous Owner Abdulai Mustapha $153,450
Previous Owner Bell Christopher T $40,000
Previous Owner Bell Christopher T $160,000
Previous Owner Hogaboam Hadley $146,640
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2016 02/19/16 Sold $204,621 -4.8% $116 / Sq Ft
12/18/2015 12/18/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $214,900 -- $122 / 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 $4,336 $230,290 $0 $0
2022 $4,215 $223,590 $0 $0
2021 $4,109 $217,080 $0 $0
2020 $3,866 $210,760 $0 $0
2019 $3,765 $204,630 $0 $0
2018 $3,590 $198,670 $0 $0
2017 $3,444 $192,890 $0 $0
2016 $3,037 $187,280 $0 $0
2015 $2,942 $181,830 $0 $0
2014 $2,835 $176,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15614334

Regional Multiple Listing Service (RMLS)

APN: R142378