NOT LISTED FOR SALE

890 SE Lambert Cir Unit 892 Gresham, OR 97080

Mount Hood Neighborhood

Estimated Value: $480,488 - $543,000

4 Beds
4 Baths
2,368 Sq Ft
$220/Sq Ft Est. Value

Last Sold May 17, 2020

Last sale price $411,420 $174 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,281/month

6 Days on Market

Highlights

  • RV Access or Parking
  • Baseboard Heating
  • High Speed Internet
  • Cul-De-Sac
  • Garage
  • Level Lot

About This Home

As of May 2020

This duplex has been remodeled over time. Unit 890 has granite, SS appliances and newer cabinets. 892 has granite, formica and Oak cabinets. Both have vinyl windows, additional insulation, updated baseboards, large yards and RV Parking. Owner is an Oregon licensed agent.

Last Listed By

Adolfo Cuellar

Adolfo Street Realty LLC License #201213442 Listed on: 02/27/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1978 | Remodeled

Lot Details

  • Cul-De-Sac
  • Level Lot

Home Design

  • Composition Roof
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,368 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • Garage
  • RV Access or Parking

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number R164230

Community Details

Overview

  • 2 Units
  • Fleming Terrace Subdivision
  • Property managed by ROGER ERICKSON

Building Details

  • Operating Expense $4,260
  • Gross Income $34,740
  • Net Operating Income $30,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,861

Year Built

Built in 1978 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1978
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Cul_de_sac, Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

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

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Management Name: ROGER ERICKSON
  • Management Phone: 503-504-1202

Schools

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

Lot Info

  • Zoning: MDR-12
  • Parcel #: R164230

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 3860.74

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 12.09
  • Annual Gross Income: 34740.0
  • Property Net Operating Income: 30480.0
  • Annual Operating Expense: 4260.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2013
Sold by
Erickson Roger
Bought by
Erickson Roger and Erickson Terri
Total Days on Market
6
Current Estimated Value
$521,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,479
Outstanding Balance
$90,351
Interest Rate
3.28%
Mortgage Type
VA
Estimated Equity
$420,539

Purchase Details

Closed on
Apr 12, 1999
Sold by
Hammond David W
Bought by
Erickson Roger L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,900
Interest Rate
7.04%
Mortgage Type
VA

Purchase Details

Closed on
Dec 11, 1995
Sold by
Schuller Dale N
Bought by
Hammond David W and Hammond Vinnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.47%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Erickson Roger -- First American
Erickson Roger -- First American
Erickson Roger L $145,000 Pacific Nw Title
Hammond David W $133,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erickson Roger $126,479
Closed Erickson Roger L $147,900
Previous Owner Hammond David W $106,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2020 05/17/20 Sold $411,420 -2.0% $174 / Sq Ft
03/03/2020 03/03/20 Pending -- -- --
02/26/2020 02/26/20 For Sale $419,950 -- $177 / 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 $4,664 $247,700 $0 $0
2022 $4,533 $240,490 $0 $0
2021 $4,419 $233,490 $0 $0
2020 $4,158 $226,690 $0 $0
2019 $4,049 $220,090 $0 $0
2018 $3,861 $213,680 $0 $0
2017 $3,704 $207,460 $0 $0
2016 $3,266 $201,420 $0 $0
2015 $3,195 $195,560 $0 $0
2014 $3,087 $189,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20342245

Regional Multiple Listing Service (RMLS)

APN: R164230