$480,000
SOLD SEP 16, 2020

887 NE Hacienda Ct Unit 889 Gresham, OR 97030

Powell Valley Neighborhood
6 Beds
4 Baths
2,332 Sq Ft
8,015 Sq Ft Lot

Recently Sold

$206 Per Sq Ft

1% Below List Price

56 Days on Market

Highlights

  • RV Access or Parking
  • Fireplace
  • Washer and Dryer
  • Cul-De-Sac
  • Garage

About This Home

As of September 2020

Cash flow property, investor's dream. Duplex in quite cul-de-sac, in great Tenants love their home and want to stay long term. Great rental rate from each side. Master bedroom with its own bathroom, gas fireplace, oak cabinets. Washer and dryer included for units. These will have very little vacancy, one unit under market to friend.(easy to remedy)

Last Agent to Sell the Property

Ann-Marie Nava

MORE Realty License #200604076 Listed on: 06/01/2020

MORE Realty

Last Buyer's Agent

Brian Porter

Opt License #200305174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,507

Year Built

  • Built in 1978

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Dishwasher
  • Washer and Dryer

Parking

  • Garage
  • RV Access or Parking

Additional Features

  • Cul-De-Sac
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,507

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Year Built: 1978
  • Remarks Public: Cash flow property, investor's dream. Duplex in quite cul-de-sac, in great Tenants love their home and want to stay long term. Great rental rate from each side. Master bedroom with its own bathroom, gas fireplace, oak cabinets. Washer and dryer included for units. These will have very little vacancy, one unit under market to friend.(easy to remedy)
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SUGARBUSH, BLOCK 2, LOT 21
  • Basement: None
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Cement Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Description: RV Access/Parking, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Zoned

Association/Amenities

  • Amenities Supplement: No

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Washer/Dryer, Air Conditioning

Schools

  • Middle School: Gordon Russell
  • High School: Sam Barlow

Lot Info

  • Lot Description: Cul-de-sac
  • Zoning: r2.5
  • Water Rights Supplement: No

Green Features

  • Green Energy Supplement: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Amount: 4781.10
  • Assessor Parcel Number: R278346
  • Tax Year: 2019

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.93

MLS Schools

  • High School: Sam Barlow
  • Middle School: Gordon Russell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2020
Closed on
Sep 14, 2020
Sold by
Woods Marcus E and Woods Alahnna D
Bought by
Millen Noah
Seller's Agent
Ann-Marie Nava
MORE Realty
Buyer's Agent
Brian Porter
Opt
List Price
$484,900
Sold Price
$480,000
Premium/Discount to List
-$4,900
-1.01%
Current Estimated Value
$560,951

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,951
Avg. Annual Appreciation
3.01%
Original Mortgage
$384,000
Outstanding Balance
$344,621
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$209,993

Purchase Details

Listed on
Jan 25, 2017
Closed on
Apr 4, 2017
Sold by
Schultz Scott G
Bought by
Woods Marcus E and Woods Alahnna D
Seller's Agent
Jesse Rivera
PDX Investment Real Estate LLC
Buyer's Agent
Ann-Marie Nava
MORE Realty
List Price
$429,900
Sold Price
$422,000
Premium/Discount to List
-$7,900
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$308,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2012
Sold by
Lozzi Steven A
Bought by
Schultz Scott G and Schultz Brigitte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,250
Interest Rate
3.83%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $480,000 Fidelity National Ttl Of Or
Warranty Deed $422,000 Lawyers
Warranty Deed $215,000 Wfg Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $384,000 New Conventional
Previous Owner $308,250 New Conventional
Previous Owner $161,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2020 09/16/20 Sold $480,000 0.0% $206 / Sq Ft
09/16/2020 09/16/20 Sold $480,000 -1.0% $185 / Sq Ft
08/15/2020 08/15/20 Pending -- -- --
07/27/2020 07/27/20 Pending -- -- --
07/20/2020 07/20/20 Price Changed $484,900 0.0% $208 / Sq Ft
07/20/2020 07/20/20 For Sale $484,900 +1.2% $208 / Sq Ft
07/04/2020 07/04/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $479,000 -0.2% $205 / Sq Ft
04/18/2020 04/18/20 Off Market $480,000 -- --
04/04/2020 04/04/20 Price Changed $499,000 -1.2% $193 / Sq Ft
03/28/2020 03/28/20 For Sale $505,000 +19.7% $195 / Sq Ft
04/03/2017 04/03/17 Sold $422,000 -1.8% $181 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/25/2017 01/25/17 For Sale $429,900 -- $184 / 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 $5,507 $292,480 $0 $0
2022 $5,353 $283,970 $0 $0
2021 $5,218 $275,700 $0 $0
2020 $4,910 $267,670 $0 $0
2019 $4,781 $259,880 $0 $0
2018 $4,559 $252,320 $0 $0
2017 $4,374 $244,980 $0 $0
2016 $3,857 $237,850 $0 $0
2015 $3,773 $230,930 $0 $0
2014 $3,583 $224,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20380088

Regional Multiple Listing Service (RMLS)

APN: R278346