Taxes
- Assessed Value: $492,860
- Assessed Year: 2025
- Assessed County: Multnomah
- APN: R314068
- Market Land Value: 220000
- Tax Amount: 10029.5
- Tax Year: 2025
- Market Value: 678580
- Market Year: 2025
503 Ne 2nd St; Gresham, OR Property Details
Off market
505 NE 2nd St Gresham, OR 97030
$492,860 Estimated Value
4,010 SqFt
Property Type
GeneralProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1957
- Purchase Price: $760,000
- Open Loans / Balance: 1 / $532,000
- APN: R314068
- Situs County: Multnomah
- Length Of Ownership: 3 months
Structure
- Building Style: Masonry
- Stories: 1
- Roof Type: Sawtooth
- Roof Cover Type: Asbestos
Measurements
- Total: 4,010/SqFt
- Lot: 11,000/SqFt
- Gross: 4,010/SqFt
- Garage: 3,800/SqFt
- Living: 4,010/SqFt
- Building: 4,010/SqFt
- Ground: 4,010/SqFt
- Price Per Square Foot: $189.53
Legal Description
- Description: ZENITH ADD, BLOCK 24, INC PT VAC ALLEY LOT 3&4
Building Insights
Land Information
- Property Type: General
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Gresham-Barlow School District 1J
- Lat / Lon: 45.49917 / -122.42554
- Subdivision: Zenith Add
- Property Class: Commercial
- Zoning: DCC
- County Use Code: 211
Amenities
- Plus Four: 7511
- Fireplaces: 1
- Garage: Garage
- Parking: 13
Ownership Info
505 NE 2nd St has no associated ownership info
505 NE 2nd St has no associated ownership info.
Taxes
505 NE 2nd St has 9 associated Taxes items
503 Ne 2nd St, 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 $492,860. The APN we've located for 503 Ne 2nd St is R314068.
Unlock the full reportTax History
505 NE 2nd St has 11 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $492,860 | Land Value | Improvement Value | Tax Amount $10,029.5 | Change Rate +0.044655% | Assessed CR | Tax Rate +0.02035% |
| Year 2024 | Assessed Value $478,510 | Land Value | Improvement Value | Tax Amount $9,600.78 | Change Rate +0.097612% | Assessed CR | Tax Rate +0.020064% |
| Year 2023 | Assessed Value $464,580 | Land Value | Improvement Value | Tax Amount $8,746.97 | Change Rate +0.028772% | Assessed CR | Tax Rate +0.018828% |
| Year 2022 | Assessed Value $451,050 | Land Value | Improvement Value | Tax Amount $8,502.34 | Change Rate +0.025823% | Assessed CR | Tax Rate +0.01885% |
| Year 2021 | Assessed Value $437,920 | Land Value | Improvement Value | Tax Amount $8,288.31 | Change Rate +0.062823% | Assessed CR | Tax Rate +0.018927% |
| Year 2020 | Assessed Value $425,170 | Land Value | Improvement Value | Tax Amount $7,798.39 | Change Rate +0.026881% | Assessed CR | Tax Rate +0.018342% |
| Year 2019 | Assessed Value $412,790 | Land Value | Improvement Value | Tax Amount $7,594.25 | Change Rate +0.04878% | Assessed CR | Tax Rate +0.018397% |
| Year 2018 | Assessed Value $400,770 | Land Value | Improvement Value | Tax Amount $7,241.03 | Change Rate +0.042296% | Assessed CR | Tax Rate +0.018068% |
| Year 2017 | Assessed Value $389,100 | Land Value | Improvement Value | Tax Amount $6,947.19 | Change Rate +0.1342% | Assessed CR | Tax Rate +0.017855% |
| Year 2016 | Assessed Value $377,770 | Land Value | Improvement Value | Tax Amount $6,125.19 | Change Rate +0.022073% | Assessed CR | Tax Rate +0.016214% |
| Year 2015 | Assessed Value $366,770 | Land Value | Improvement Value | Tax Amount $5,992.91 | Change Rate | Assessed CR | Tax Rate +0.01634% |