NOT LISTED FOR SALE

875 SE Rene Ave Unit 885 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $474,134 - $524,000

4 Beds
2 Baths
1,728 Sq Ft
$288/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $461,000 $267 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,127/month

8 Days on Market

Highlights

  • Fireplace
  • Washer and Dryer
  • Wood Siding
  • Attached Garage
  • Level Lot

About This Home

As of June 2022

One level duplex featuring 2 beds / 1 bath and 1 attached garage! Refresh update on unit 875 with new gas furnace, floor, interior paint & appliances... Large size front and back yard with private cover patio & fully fence! Minutes to everything, shop, supermarket, restaurant...! DO NOT DISTURB! SUBJECT TO INTERIOR INSPECTION! Only show vacant unit 875

Last Listed By

Huy Nugyen

iStar Realty LLC License #200601046 Listed on: 04/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,405

Year Built

  • Built in 1975

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Wood Siding

Interior Spaces

  • Fireplace
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Rent includes sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,405

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1975
  • Property Condition: Approximately
  • Remarks Public: One level duplex featuring 2 beds / 1 bath and 1 attached garage! Refresh update on unit 875 with new gas furnace, floor, interior paint & appliances... Large size front and back yard with private cover patio & fully fence! Minutes to everything, shop, supermarket, restaurant...! DO NOT DISTURB! SUBJECT TO INTERIOR INSPECTION! Only show vacant unit 875
  • Unreinforced Masonry Building: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: COMSTOCK HOME TR, BLOCK 2, LOT 20
  • Basement: Crawl Space
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Wood Siding
  • Lot Size: 7K-9,999SF
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air

Condo/Co-op/Association

  • Unit Features: Dishwasher, Disposal, Fireplace, Washer/Dryer

Schools

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

Lot Info

  • Lot Description: Level
  • Zoning: LDR

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Amount: 4174.43
  • Assessor Parcel Number: R139179
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 31.96

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
Apr 29, 2022
Closed on
Jun 14, 2022
Sold by
Ann Nguyen
Bought by
Ghiyas Abdul Samir Abdul
Seller's Agent
Huy Nugyen
iStar Realty LLC
Buyer's Agent
Nicholas Sackman
MORE Realty
List Price
$420,000
Sold Price
$461,000
Premium/Discount to List
$41,000
9.76%
Total Days on Market
8
Current Estimated Value
$497,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,784
Avg. Annual Appreciation
2.69%
Original Mortgage
$345,750
Outstanding Balance
$333,032
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$164,752

Purchase Details

Closed on
May 7, 2014
Sold by
Do Phuoc
Bought by
Do Phuoc and Nguyen Ann

Purchase Details

Closed on
Aug 16, 2006
Sold by
Do Peter H
Bought by
Do Phuoc and Nguyen Ann

Purchase Details

Closed on
Mar 28, 2004
Sold by
Nguyen Ann
Bought by
Do Peter H

Purchase Details

Closed on
Mar 22, 2004
Sold by
Hud
Bought by
Nguyen Ann

Purchase Details

Closed on
Aug 20, 2003
Sold by
Montgomery David R
Bought by
Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Nov 1, 2001
Sold by
Montgomery Belinda J
Bought by
Montgomery David R

Purchase Details

Closed on
May 27, 1999
Sold by
Scarborough William E
Bought by
Montgomery David R and Montgomery Belinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,773
Interest Rate
6.86%
Mortgage Type
FHA

Range of Values:

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Average Value
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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
Ghiyas Abdul Samir Abdul $461,000 Chicago Title
Do Phuoc -- None Available
Do Phuoc $145,000 None Available
Do Peter H $145,000 --
Nguyen Ann $145,000 First American
Wells Fargo Home Mortgage Inc $169,541 Fatco
Montgomery David R -- --
Montgomery David R $150,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghiyas Abdul Samir Abdul $345,750
Previous Owner Montgomery David R $148,773
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $461,000 +9.8% $267 / Sq Ft
05/07/2022 05/07/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $420,000 -- $243 / 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 $4,405 $233,980 $0 $0
2022 $4,282 $227,170 $0 $0
2021 $4,174 $220,560 $0 $0
2020 $3,928 $214,140 $0 $0
2019 $3,825 $207,910 $0 $0
2018 $3,647 $201,860 $0 $0
2017 $3,499 $195,990 $0 $0
2016 $3,085 $190,290 $0 $0
2015 $3,019 $184,750 $0 $0
2014 $2,906 $179,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22398871

Regional Multiple Listing Service (RMLS)

APN: R139179