NOT LISTED FOR SALE

911 NW Victoria Ave Unit 913 Gresham, OR 97030

Downtown Gresham Neighborhood

Estimated Value: $483,256 - $535,000

4 Beds
2 Baths
1,730 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $526,000 $304 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,189/month

5 Days on Market

Highlights

  • Fireplace
  • 4-minute walk to Gresham City Hall
  • Lap Siding
  • Garage
  • Level Lot

About This Home

As of May 2021

OPEN HOUSE SATURDAY 4/17 NOON to 4PM. Great Investor Opportunity! Updated duplex on large lot and quiet street. Nearby to the MAX Line and Historic Downtown Gresham shops & restaurants. Huge backyard. Quality interior upgrades include vinyl windows, recent kitchen and bath remodels, exterior fencing & paint 2017, attic insulation 2018, new concrete driveway 2020. Excellent tenants have stayed current on rent through pandemic. Please do not disturb tenants. Offer deadline Monday 4/19 6PM.

Last Listed By

Cindy Smith

RE/MAX Equity Group License #201225025 Listed on: 04/15/2021

RE/MAX Equity Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,488

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • 10,019

Parking

  • Garage

Home Design

  • Lap Siding
  • Plywood Siding Panel T1-11
  • Concrete Perimeter Foundation

Interior Spaces

  • Fireplace
  • Dishwasher

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Rent includes trash collection, sewer, water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,488

Year Built

Built in 1979 | Remodeled

Lot Details

0

Listing Details

  • Status: Sold
  • Property Category: Multi Family
  • Sq Ft Approximate Building Total: 1730
  • Year Built: 1979
  • Property Condition: Updated/Remodeled
  • Remarks Public: OPEN HOUSE SATURDAY 4/17 NOON to 4PM. Great Investor Opportunity! Updated duplex on large lot and quiet street. Nearby to the MAX Line and Historic Downtown Gresham shops & restaurants. Huge backyard. Quality interior upgrades include vinyl windows, recent kitchen and bath remodels, exterior fencing & paint 2017, attic insulation 2018, new concrete driveway 2020. Excellent tenants have stayed current on rent through pandemic. Please do not disturb tenants. Offer deadline Monday 4/19 6PM.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Legal Description: SECTION 10 1S 3E, TL 6900 0.23 ACRES

Exterior Features

  • Exterior Description: Lap Siding, T-111 Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Roof Type: Composition
  • Foundation Details: Concrete Perimeter
  • Road Surface: Paved

Garage/Parking

  • Parking Description: Garage

Utilities

  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard

Condo/Co-op/Association

  • Unit Features: Dishwasher, Fireplace, Refrigerator, Washer/Dryer Hookup

Schools

  • Elementary School: Highland
  • Middle School: Clear Creek
  • High School: Gresham

Lot Info

  • Lot Description: On Busline, Level, Light Rail
  • Zoning: DMU

Rental Info

  • Rent Includes: Trash Collection, Sewer, Water

Tax Info

  • Tax Amount: 3792.90
  • Assessor Parcel Number: R339068
  • Tax Year: 2021

Multi Family

  • Unit Type: 1, 2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 14.24

MLS Schools

  • Elementary School: Highland
  • High School: Gresham
  • Middle School: Clear Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 20, 2021
Sold by
Shonda Rau Rhonda and Rau Family Trust
Bought by
Burke Jane M and Burke James M
Seller's Agent
Cindy Smith
RE/MAX Equity Group
Buyer's Agent
Nikki del Giudice
Farrell Realty & Property Management, Inc
List Price
$418,000
Sold Price
$526,000
Premium/Discount to List
$108,000
25.84%
Total Days on Market
5
Current Estimated Value
$505,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,686
Avg. Annual Appreciation
-1.77%
Original Mortgage
$345,000
Outstanding Balance
$319,218
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$170,960

Purchase Details

Closed on
Feb 20, 2007
Sold by
Anderson Gary C
Bought by
Rau Jay and Shoda Rau Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,000
Interest Rate
6.21%
Mortgage Type
Unknown

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
Burke Jane M $526,000 First American
Rau Jay $242,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Jane M $345,000
Previous Owner Shoda Rau Rhonda $181,750
Previous Owner Rau Jay $194,000
Previous Owner Rau Jay $24,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $526,000 +25.8% $304 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $418,000 -- $242 / 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 $4,488 $238,380 $0 $0
2022 $4,363 $231,440 $0 $0
2021 $4,031 $212,990 $0 $0
2020 $3,793 $206,790 $0 $0
2019 $3,694 $200,770 $0 $0
2018 $3,522 $194,930 $0 $0
2017 $3,379 $189,260 $0 $0
2016 $2,979 $183,750 $0 $0
2015 $2,915 $178,400 $0 $0
2014 $2,813 $173,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21036012

Regional Multiple Listing Service (RMLS)

APN: R339068