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242 Nw Norman Ave; Gresham, OR Property Details

242 Nw Norman Ave, Gresham, OR is a Single Family that was built in 2022. This property is currently Financed,New Construction and is not for sale. Our records show that 242 Nw Norman Ave has 2 bedrooms, and 2.5 bathrooms, and a total of 1,773 square feet. The lot size of 242 Nw Norman Ave is 6,585 square feet.

Off market
242 NW Norman Ave Gresham, OR 97030
$699,000 Listing Price
2 Beds
2.5 Baths
1,773 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2022
  • Purchase Price: $699,000
  • Open Loans / Balance: 1 / $514,748
  • Est. Equity / %: $112,252 / 17.9%
  • Gross Yield: 4.436%
  • APN: R303418
  • Situs County: Multnomah
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Good
  • Roof Type: Bowstring Truss
  • Porch Type: Screened
  • Roof Cover Type: Aluminum
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,773/SqFt
  • Lot: 6,585/SqFt
  • Gross: 1,927/SqFt
  • Garage: 240/SqFt
  • Living: 1,773/SqFt
  • Basement: 947/SqFt
  • Building: 1,927/SqFt
  • Ground: 980/SqFt
  • Basement Finished: 793/SqFt
  • Basement Unfinished: 154/SqFt
  • Price Per Square Foot: $394.25

Legal Description

  • Description: WESTFAIR ADD, BLOCK 2, LOT 30
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gresham-Barlow School District 1J
  • Lat / Lon: 45.499763 / -122.43766
  • Subdivision: Westfair Add
  • Property Class: Residential
  • Zoning: LDR-5
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Oil
  • Plus Four: 6953
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

242 NW Norman Ave has no associated ownership info
242 NW Norman Ave has no associated ownership info.

Taxes

242 NW Norman Ave has 9 associated Taxes items

242 Nw Norman Ave, Gresham, OR pays taxes in Multnomah County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $334,030. The APN we've located for 242 Nw Norman Ave is R303418.

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Taxes
  • Assessed Value:  $334,030
  • Assessed Year:  2025
  • Assessed County:  Multnomah
  • APN:  R303418
  • Market Land Value:  230000
  • Tax Amount:  6797.37
  • Tax Year:  2025
  • Market Value:  664850
  • Market Year:  2025

Tax History

242 NW Norman Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $334,030 Land Value Improvement Value Tax Amount $6,797.37 Change Rate +0.044634% Assessed CR Tax Rate +0.02035%
Year 2024 Assessed Value $324,310 Land Value Improvement Value Tax Amount $6,506.94 Change Rate -0.153239% Assessed CR Tax Rate +0.020064%
Year 2023 Assessed Value $314,870 Land Value Improvement Value Tax Amount $7,684.51 Change Rate +0.599307% Assessed CR Tax Rate +0.024405%
Year 2022 Assessed Value $254,900 Land Value Improvement Value Tax Amount $4,804.9 Change Rate +0.649462% Assessed CR Tax Rate +0.01885%
Year 2021 Assessed Value $157,500 Land Value Improvement Value Tax Amount $2,913.01 Change Rate +0.072944% Assessed CR Tax Rate +0.018495%
Year 2020 Assessed Value $170,700 Land Value Improvement Value Tax Amount $2,714.97 Change Rate +0.026877% Assessed CR Tax Rate +0.015905%
Year 2019 Assessed Value $165,730 Land Value Improvement Value Tax Amount $2,643.91 Change Rate +0.048754% Assessed CR Tax Rate +0.015953%
Year 2018 Assessed Value $160,910 Land Value Improvement Value Tax Amount $2,521 Change Rate +0.042274% Assessed CR Tax Rate +0.015667%
Year 2017 Assessed Value $156,230 Land Value Improvement Value Tax Amount $2,418.75 Change Rate +0.134253% Assessed CR Tax Rate +0.015482%
Year 2016 Assessed Value $131,520 Land Value Improvement Value Tax Amount $2,132.46 Change Rate +0.021983% Assessed CR Tax Rate +0.016214%
Year 2015 Assessed Value $127,700 Land Value Improvement Value Tax Amount $2,086.59 Change Rate -0.111284% Assessed CR Tax Rate +0.01634%
Year 2014 Assessed Value $142,990 Land Value Improvement Value Tax Amount $2,347.87 Change Rate Assessed CR Tax Rate +0.01642%