NOT LISTED FOR SALE

885 SE Lambert Cir Unit 887 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $462,435 - $535,000

4 Beds
2 Baths
1,664 Sq Ft
$298/Sq Ft Est. Value

Last Sold December 18, 2023

Last sale price $485,000 $291 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,029/month

49 Days on Market

Highlights

  • Built-In Refrigerator
  • Private Yard
  • Covered Patio or Porch
  • 2 Fireplaces
  • No HOA
  • Cul-De-Sac

About This Home

As of December 2023

Ideal duplex! This single-level duplex will have both sides vacant by close which allows multiple possibilities! Located at the end of the Lambert Circle cul-de-sac for quiet living, both floor plans are 2 bed/1 bath, 832 sq ft on a large lot (.21 acres). Both units include a single-car garage and large private backyards. Conveniently located close to downtown Gresham, Gradin Community Sports Park & Thom Park and Mt. Hood Community College with easy access to highway 26. Rentometer has median rents at 1550 for 2 bedroom/1 bath units in this area, buyer to do due diligence.

Last Agent to Sell the Property

Thomas Salisbury

MORE Realty Brokerage Phone: License #201252150 Listed on: 10/05/2023

MORE Realty

Last Buyer's Agent

Anthony Pitre

Limbrick Real Estate Group License #201206910

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,262

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Cul-De-Sac
  • Private Yard
  • Garden

Parking

  • 2 Car Attached Garage
  • Garage on Main Level
  • Driveway

Home Design

  • Property Attached
  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,664 Sq Ft Home
  • 1-Story Property
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Vinyl Clad Windows
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Built-In Refrigerator
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Accessibility Features
  • Level Entry For Accessibility

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • No Cooling
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number R164231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,262

Year Built

Built in 1978 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: Residential
  • Accessibility: Yes
  • Stories: 1
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Sub Type: Attached
  • Architectural Style: Stories1
  • New Construction: No
  • Property Attached Yn: Yes
  • Open House: No
  • Special Features: None

Interior Features

  • Accessibility Features: GarageonMain, OneLevel
  • Total Bathrooms: 2.0
  • Fireplaces: 2
  • Interior Amenities: WasherDryer
  • Basement: CrawlSpace
  • Window Features: VinylFrames
  • Appliances: BuiltinOven, BuiltinRange, BuiltinRefrigerator, Dishwasher, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: WoodBurning
  • Fireplace: Yes
  • Main Level Full Bathrooms: 2
  • BathroomsTotalLowerLevel: 0.0
  • BathroomsTotalMainLevel: 2.0
  • BathroomsTotalUpperLevel: 0.0
  • Lot Size Range: SqFt7000to9999
  • Room 13 Level: Main
  • Room 7 Description: _2ndBedroom
  • Additional Room 7 Level: Main
  • Room 8 Description: _3rdBedroom
  • Room 9 Description: DiningRoom

Exterior Features

  • Exterior Description: Brick,T111Siding,WoodSiding
  • Exterior Features: CoveredPatio, Garden, Yard
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Home Warranty: No
  • Roof: Composition

Garage/Parking

  • Garage Type: Attached
  • Parking Description: Driveway
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: None
  • Cooling: None
  • Cooling Y N: No
  • Heating: Other
  • Heating Yn: No
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Farm: No
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.0
  • Parcel #: R164231

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4261.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Nov 27, 2023
Sold by
Glenn Aimee K
Bought by
Christopher Harris Revocable Trust and Harris
Seller's Agent
Thomas Salisbury
MORE Realty
Buyer's Agent
Anthony Pitre
Limbrick Real Estate Group
List Price
$499,500
Sold Price
$485,000
Premium/Discount to List
-$14,500
-2.9%
Views
26
Current Estimated Value
$495,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,359
Avg. Annual Appreciation
1.14%
Original Mortgage
$460,750
Outstanding Balance
$452,730
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$42,629

Purchase Details

Closed on
Aug 1, 2016
Sold by
Potratz William L
Bought by
Glenn Aimee K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,031
Interest Rate
3.56%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2007
Sold by
Morrison Edward L
Bought by
Potratz William L and Potratz Linda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,400
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Morrison Edward L
Bought by
Morrison Edward L and Morrison Pamela J
Source: Public Records

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
Christopher Harris Revocable Trust $485,000 First American Title
Glenn Aimee K $257,700 Fidelity Natl Title Of Or
Potratz William L $244,900 Chicago Title Insurance Co
Morrison Edward L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Christopher Harris Revocable Trust $460,750
Previous Owner Glenn Aimee K $253,031
Previous Owner Potratz William L $171,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2023 12/18/23 Sold $485,000 0.0% $291 / Sq Ft
10/23/2023 10/23/23 Off Market $485,000 -- --
10/05/2023 10/05/23 For Sale $499,500 -- $300 / 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 $5,027 $247,030 -- --
2024 $4,812 $239,840 -- --
2023 $4,384 $232,860 $0 $0
2022 $4,262 $226,080 $0 $0
2021 $4,154 $219,500 $0 $0
2020 $3,909 $213,110 $0 $0
2019 $3,807 $206,910 $0 $0
2018 $3,630 $200,890 $0 $0
2017 $3,482 $195,040 $0 $0
2016 $3,070 $189,360 $0 $0
2015 $3,004 $183,850 $0 $0
2014 $2,892 $178,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23111304

Regional Multiple Listing Service (RMLS)

APN: R164231