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2722 Southeast Paloma Terrace

2722 Southeast Paloma Terrace, Gresham, OR 97080
House in Kelly Creek
Sold Jul 31, 2020
$535,000
$503,500 by Premier Mortgage Resources Llc
Mortgage Due Aug 01, 2050
Sold Feb 28, 2006
$342,900
$274,320 by Eagle Home Mortgage Inc
Mortgage Due Mar 01, 2036
Local assessors in Gresham, OR have categorized 2722 Southeast Paloma Terrace as a residential type of property. The home was built in 1989 and is 35 years old. The property's lot size has been calculated to be 14,496 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2722 Southeast Paloma Terrace has a total of 2,053 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. The building has a bowstring truss style roof that was made of tile. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jul 30, 2020 for $535,000. That's $203.50 per sqft. Prior to that sales transaction, the property was also sold in Feb 22, 2006 for $342,900. 2722 Southeast Paloma Terrace was last assessed in 2023. The total value of the property was assessed at $402,570. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,579. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 3
  • Exterior Walls Type: Wood
  • Roof Shape Type: Bowstring truss
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,496
  • Total Building Area: 2,629
  • Gross Building Area: 2,629
  • Building Area: 2,053
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,053
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: WILNER NURSERY
  • Land Acres: 0.333
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WILNER NURSERY, BLOCK 1, LOT 2

Ownership

  • Current Owner : GARDNER ZACHARY
  • Current Owner 2: GARDNER ERICA G
  • Previous Owner : RIESENMAN DENISE S
  • Previous Owner 2: RIESENMAN JOHN S
  • Owner Before Previous Owner: ST JOHN SUSAN E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Gresham-Barlow School District 1J
  • Census Tract: 010408

Zoning

  • Zoning: LDR

Geography

  • Account Number: R918700070
  • Parcel: R309339
  • Block: 1
  • Lot: 2
  • Meridian: SEC 13 TWN 01S RNG 03E
  • Latitude: 45.4775
  • Longitude: -122.392

    Address

  • Full Address: 2722 Se Paloma Ter
  • Address - House Number: 2722
  • Street Direction: SE
  • Address - Street Name: Paloma
  • Address - Suffix Type: Ter
  • State: OR
  • City Name: Gresham
  • Carrier Code: R010
  • 4-Digit Zip Code: 9289
  • Zip Code: 97080

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,579
  • Tax Rate Code Area: 026

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 79
  • Final Value: 623,211
  • High Value: 726,624
  • Low Value: 519,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $503,500
  • First Open Lien Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $503,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $649,610
  • Market Land Value: $261,750
  • Market Improvement Value: $387,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $402,570

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11776588885
  • Current Sale Price: $535,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-095393
  • Previous Sale Recording Date: Feb 28, 2006
  • Previous Sale Contract Date: Feb 22, 2006
  • Previous Sale Amount: $342,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER MORTGAGE RESOURCES LLC
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $503,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: EAGLE HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: Feb 28, 2006
  • Previous Mortgage Loan Amount: $274,320
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Mar 01, 2036

About Kelly Creek



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Nearby Rentals

Unit for rent at

$2,100 /mo

  • 3 Beds
  • 1.5 Baths
Listing by Manager
Unit for rent at

$1,995 /mo

  • 3 Beds
  • 1.5 Baths
  • 950 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 2722 Southeast Paloma Terrace located in?
The 2722 Southeast Paloma Terrace is a house located in the neighborhood of Kelly Creek in Kelly Creek, Gresham.
What is the average sales price for listings in 2722 Southeast Paloma Terrace?
The average sales price for units in 2722 Southeast Paloma Terrace is $525,000 , or $235/sqft. currently.

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