NOT LISTED FOR SALE

685 NW Angeline Ave Unit 693 Gresham, OR 97030

Northwest Gresham Neighborhood

Estimated Value: $504,000 - $579,000

5 Beds
3 Baths
3,164 Sq Ft
$169/Sq Ft Est. Value

Last Sold January 19, 2024

Last sale price $553,500 $175 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,359/month

92 Days on Market

Highlights

  • Level Lot
  • Lap Siding
  • Heating System Uses Gas

About This Home

As of January 2024

Great opportunity for a well-maintained Gresham TriplexUnit 1 (685) was built in 1949 and is a 3 bed 1.5 bath with 1280 sqft. This unit had the heating system replaced with a heat pump.Unit 2 (693) was built in 1944 and is a 1 bed 1 bath with 628 sqft of livable space and a 628 sqft full basement. Home has a newer gas fireplace with full mantle.Unit 3 (697) was built in 1944 and is a 1 bed 1 bath 628 sqft. Home has a newer gas fireplace with full mantle.All units have had their water pipes replaced with new pex piping. This property can be subdivided into 2 lots for a possible 1 to 4 more units. Buyer to do their own due diligence.Property is only 2 blocks from Bella Vista Park

Last Listed By

Brian Whistler

Premiere Property Group, LLC License #201225531 Listed on: 08/15/2023

Premiere Property Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,433

Year Built

  • Built in 1944

Lot Details

  • Level Lot

Home Design

  • Composition Roof
  • Lap Siding
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,164 Sq Ft Home
  • 2-Story Property

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Hollydale Elementary School
  • Dexter Mccarty Middle School
  • Gresham High School

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R338717

Community Details

Overview

  • 3 Units
  • East Hill Subdivision

Building Details

  • Operating Expense $8,338
  • Gross Income $33,600
  • Net Operating Income $25,262

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,433

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1944
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace, PartialBasement
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding,LapSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Attached Garage: No

Utilities

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

Schools

  • Elementary School: Hollydale
  • High School: Gresham
  • Middle Or Junior School: Dexter McCarty

Lot Info

  • Zoning: L.DR
  • Parcel #: R338717

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 4432.78

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 16.37
  • Annual Gross Income: 33600.0
  • Property Net Operating Income: 25262.0
  • Annual Operating Expense: 8338.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Jan 19, 2024
Sold by
Klein Douglas L and Klein Mutsumi O
Bought by
Balderas Arellano Leonardo and Balderas Claudia Claudia
Seller's Agent
Brian Whistler
Premiere Property Group, LLC
Buyer's Agent
Todd Gang
ECOPRO Realty Group
List Price
$549,999
Sold Price
$553,500
Premium/Discount to List
$3,501
0.64%
Total Days on Market
92
Views
24
Current Estimated Value
$533,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,833
Avg. Annual Appreciation
-6.00%
Original Mortgage
$442,800
Outstanding Balance
$438,328
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$73,339

Purchase Details

Closed on
May 29, 2003
Sold by
Hug Duane L
Bought by
Klein Douglas L and Klein Mutsumi O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

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
Balderas Arellano Leonardo $553,500 Wfg Title
Klein Douglas L $200,000 Transnation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balderas Arellano Leonardo $442,800
Previous Owner Klein Douglas L $132,000
Previous Owner Klein Douglas L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2024 01/19/24 Sold $553,500 +0.6% $175 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
11/08/2023 11/08/23 Price Changed $549,999 0.0% $174 / Sq Ft
11/08/2023 11/08/23 For Sale $549,999 -7.6% $174 / Sq Ft
11/04/2023 11/04/23 Pending -- -- --
10/24/2023 10/24/23 Price Changed $594,999 -4.7% $188 / Sq Ft
08/15/2023 08/15/23 For Sale $624,500 -- $197 / 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 $4,560 $242,210 $0 $0
2022 $4,433 $235,160 $0 $0
2021 $4,321 $228,320 $0 $0
2020 $4,066 $221,670 $0 $0
2019 $3,960 $215,220 $0 $0
2018 $3,775 $208,960 $0 $0
2017 $3,622 $202,880 $0 $0
2016 $3,194 $196,980 $0 $0
2015 $3,125 $191,250 $0 $0
2014 $3,049 $185,680 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brian Whistler

    Seller's Agent in 2024

    Brian Whistler

    Premiere Property Group, LLC

    (503) 349-9084

    3 in this area

    82 Total Sales

    Brian Whistler
    Section Image
  • Greg Whistler

    Seller Co-Listing Agent in 2024

    Greg Whistler

    Premiere Property Group, LLC

    (503) 936-3495

    3 in this area

    78 Total Sales

    Greg Whistler
    Section Image
  • Todd Gang

    Buyer's Agent in 2024

    Todd Gang

    ECOPRO Realty Group

    (855) 326-7767

    1 in this area

    143 Total Sales

    Todd Gang
    Section Image
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23176742

Regional Multiple Listing Service (RMLS)

APN: R338717

Oregon Multnomah County Gresham 97030 Northwest Gresham

685 NW Angeline Ave Unit 693, Gresham, OR

Homes for Sale in Gresham, OR

This home is located at 685 NW Angeline Ave Unit 693, Gresham, OR 97030 since 15 August 2023 and is currently estimated at $533,667, approximately $168 per square foot. This property was built in 1944. 685 NW Angeline Ave Unit 693 is a home located in Multnomah County with nearby schools including Dexter McCarty Middle School, Gresham High School, and Gresham Arthur Academy.

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