Large Location Icon

492 Nw Norman Ave; Gresham, OR Property Details

492 Nw Norman Ave, Gresham, OR is a Single Family that was built in 1980. This property is currently Financed and is not for sale. Our records show that 492 Nw Norman Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,056 square feet. The lot size of 492 Nw Norman Ave is 6,550 square feet.

Off market
492 NW Norman Ave Gresham, OR 97030
$257,970 Estimated Value
3 Beds
2 Baths
2,056 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1980
  • Purchase Price: $226,500
  • Open Loans / Balance: 1 / $212,609
  • Est. Equity / %: $270,391 / 55.98%
  • Gross Yield: 7.163%
  • APN: R303424
  • Situs County: Multnomah
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Roof Type: Gable
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Yes
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 2,056/SqFt
  • Lot: 6,550/SqFt
  • Gross: 3,240/SqFt
  • Garage: 528/SqFt
  • Living: 2,056/SqFt
  • Basement: 1,356/SqFt
  • Building: 3,240/SqFt
  • Ground: 1,356/SqFt
  • Basement Finished: 700/SqFt
  • Basement Unfinished: 656/SqFt
  • Price Per Square Foot: $110.17

Legal Description

  • Description: WESTFAIR ADD, BLOCK 2, LOT 38
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: 45.50093 / -122.437645
  • Subdivision: Westfair Add
  • Property Class: Residential
  • Zoning: LDR
  • County Use Code: 101

Amenities

  • Plus Four: 6957
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

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

Taxes

492 NW Norman Ave has 9 associated Taxes items

492 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 $257,970. The APN we've located for 492 Nw Norman Ave is R303424.

Unlock the full report
Taxes
  • Assessed Value:  $257,970
  • Assessed Year:  2025
  • Assessed County:  Multnomah
  • APN:  R303424
  • Market Land Value:  220000
  • Tax Amount:  5249.59
  • Tax Year:  2025
  • Market Value:  481660
  • Market Year:  2025

Tax History

492 NW Norman Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $257,970 Land Value Improvement Value Tax Amount $5,249.59 Change Rate +0.044653% Assessed CR Tax Rate +0.02035%
Year 2024 Assessed Value $250,460 Land Value Improvement Value Tax Amount $5,025.2 Change Rate +0.09761% Assessed CR Tax Rate +0.020064%
Year 2023 Assessed Value $243,170 Land Value Improvement Value Tax Amount $4,578.31 Change Rate +0.028762% Assessed CR Tax Rate +0.018828%
Year 2022 Assessed Value $236,090 Land Value Improvement Value Tax Amount $4,450.31 Change Rate +0.025812% Assessed CR Tax Rate +0.01885%
Year 2021 Assessed Value $229,220 Land Value Improvement Value Tax Amount $4,338.33 Change Rate +0.062803% Assessed CR Tax Rate +0.018926%
Year 2020 Assessed Value $222,550 Land Value Improvement Value Tax Amount $4,081.97 Change Rate +0.026877% Assessed CR Tax Rate +0.018342%
Year 2019 Assessed Value $216,070 Land Value Improvement Value Tax Amount $3,975.13 Change Rate +0.048767% Assessed CR Tax Rate +0.018397%
Year 2018 Assessed Value $209,780 Land Value Improvement Value Tax Amount $3,790.29 Change Rate +0.042311% Assessed CR Tax Rate +0.018068%
Year 2017 Assessed Value $203,670 Land Value Improvement Value Tax Amount $3,636.43 Change Rate +0.134198% Assessed CR Tax Rate +0.017855%
Year 2016 Assessed Value $197,740 Land Value Improvement Value Tax Amount $3,206.17 Change Rate +0.02203% Assessed CR Tax Rate +0.016214%
Year 2015 Assessed Value $191,990 Land Value Improvement Value Tax Amount $3,137.06 Change Rate +0.03548% Assessed CR Tax Rate +0.01634%
Year 2014 Assessed Value $186,400 Land Value Improvement Value Tax Amount $3,029.57 Change Rate Assessed CR Tax Rate +0.016253%