1257 SW 10th Dr Gresham, OR 97080

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3 beds · 2 baths · 2,236 sq ft · Lot Size: 10,400 sq ft · Single Family Home · Gresham Butte
Est. Property Value: $475,244

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1257 SW 10th Dr is in the Gresham Butte neighborhood of Gresham, OR. It is located in Multnomah County and ZIP code 97080. This Single Family Home was built in 1975 and is approximately 50 years old. The single family home spans 2236 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10400 sq ft lot. According to public records, it was last sold in 2011 for $225,000 and has a tax-assessed value of $577,850, which is $213 per sq ft. The Gresham Butte area of Gresham has 3 residential homes with an average size of 2960 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1257 SW 10th Dr Gresham, OR 97080 with Property Intel by Whitepages.

1257 SW 10th Dr

Gresham, OR 97080

Owner Info

Owners & Occupancy for 1257 SW 10th Dr

This property is owned by Cordell A Painter. Owner contact information includes 7 phone numbers.

Property Owners

Cell Phone(503) ***-****View Cell Phone
Residence***********
Landline(503) 667-3301
Distance from Property**********

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 55
Resident 2**************** age 59

Property Financials for 1257 SW 10th Dr

1257 SW 10th Dr, Gresham, OR has a mortgage from Stearns Lndg Inc (orig. April 22, 2020). The Multnomah county assessment for 2024 values it at $577,850, with annual taxes of $5,247.

Mortgage & Equity Information

Loan Amount$******
LenderStearns Lndg Inc
Origination DateApril 22, 2020
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date************
Equity View Equity

Property Tax

Purchase DateMarch 24, 2011
Property Tax Amount$5,247 in 2023
Purchase Price$225,000
Assessed Value$577,850 on 2024

Investment Potential for 1257 SW 10th Dr

The property has a current estimated value of $475,244, which is 24% below the neighborhood median, based on public records. It last sold on March 24, 2011 for $225K. Projected long-term
is $40,800 annually ($3,400 per month) with a 96% occupancy rate.

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Long-Term

Gross Rental
$40,800 per year($3,400 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 97080 zip code
 
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Property Details for 1257 SW 10th Dr

Property Details

Property Sq Ft

Living Area

2,236 sq ft

24% below market

Lot Size

10,400 sq ft

82% below market

Price Per Sq Ft

Living Area

$213 / sq ft

0% above market

Lot Size Area

$46 / sq ft

257% above market

Property condition, age, exterior, etc. for 1257 SW 10…
Longitude: -122.445373 Latitude: 45.48926 Parcel Number (APN): R154607…

Recommended Properties in Gresham Butte

Discover more single family homes near 1257 SW 10th Dr in Gresham, Oregon. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1257 SW 10th Dr in Multnomah County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$475,244
$405,405
$69,839 (17%)
$445,366
$48,298 (11%)
YoY Price Change
1.13%
-29%
Year Built
1975
1980
-5 years
Living Space
2,236 sq ft
1,594 sq ft
642 (40%)
$ Per Living Sq Ft
$213
$255
-$43 (-17%)
Lot Size
10,400 sq ft
8,438 sq ft
1962 (23%)
$ Per Lot Sq Ft
$46
$46
$0 (0%)

Net Operating Income
$22,387
$4,246 (19%)
Annual Revenue
$40,800
$33,600
$7,200 (21%)
$11,250
$2,917 (26%)
Net Operating Income
$22,387
$4,246 (19%)
Cap Rate
5.43%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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