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507 Ne 197th Ave; Gresham, OR Property Details

507 Ne 197th Ave, Gresham, OR is a Single Family that was built in 1960. This property is currently Financed and is not for sale. Our records show that 507 Ne 197th Ave has 3 bedrooms, and 1 bathroom, and a total of 1,414 square feet. The lot size of 507 Ne 197th Ave is 10,454 square feet.

Off market
507 NE 197th Ave Portland, OR 97230
$279,950 Listing Price
3 Beds
1 Baths
1,414 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1960
  • Purchase Price: $280,000
  • Open Loans / Balance: 1 / $237,036
  • Est. Equity / %: $176,964 / 42.74%
  • Gross Yield: 7.217%
  • APN: R321860
  • Situs County: Multnomah
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Roof Type: Bowstring Truss
  • Roof Cover Type: Composition Shingle
  • Water Source: Yes
  • Deck: true

Measurements

  • Total: 1,414/SqFt
  • Lot: 10,454/SqFt
  • Gross: 1,870/SqFt
  • Garage: 456/SqFt
  • Living: 1,414/SqFt
  • Building: 1,870/SqFt
  • Ground: 1,414/SqFt
  • Price Per Square Foot: $198.02

Legal Description

  • Description: SECTION 32 1N 3E, TL 1600 0.24 ACRES
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Reynolds School District 7
  • Lat / Lon: 45.52694 / -122.460236
  • Property Class: Residential
  • Zoning: LDR-5
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 8016
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

Ownership Info

507 NE 197th Ave has no associated ownership info
507 NE 197th Ave has no associated ownership info.

Taxes

507 NE 197th Ave has 9 associated Taxes items

507 Ne 197th 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 $214,640. The APN we've located for 507 Ne 197th Ave is R321860.

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Taxes
  • Assessed Value:  $214,640
  • Assessed Year:  2025
  • Assessed County:  Multnomah
  • APN:  R321860
  • Market Land Value:  230250
  • Tax Amount:  4118.79
  • Tax Year:  2025
  • Market Value:  421110
  • Market Year:  2025

Tax History

507 NE 197th Ave has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $214,640 Land Value Improvement Value Tax Amount $4,118.79 Change Rate +0.056878% Assessed CR Tax Rate +0.019189%
Year 2024 Assessed Value $208,390 Land Value Improvement Value Tax Amount $3,897.13 Change Rate +0.105111% Assessed CR Tax Rate +0.018701%
Year 2023 Assessed Value $202,320 Land Value Improvement Value Tax Amount $3,526.46 Change Rate +0.096877% Assessed CR Tax Rate +0.01743%
Year 2022 Assessed Value $183,620 Land Value Improvement Value Tax Amount $3,215 Change Rate +0.025312% Assessed CR Tax Rate +0.017509%
Year 2021 Assessed Value $178,280 Land Value Improvement Value Tax Amount $3,135.63 Change Rate +0.068893% Assessed CR Tax Rate +0.017588%
Year 2020 Assessed Value $173,090 Land Value Improvement Value Tax Amount $2,933.53 Change Rate +0.043185% Assessed CR Tax Rate +0.016948%
Year 2019 Assessed Value $168,050 Land Value Improvement Value Tax Amount $2,812.09 Change Rate +0.010188% Assessed CR Tax Rate +0.016734%
Year 2018 Assessed Value $163,160 Land Value Improvement Value Tax Amount $2,783.73 Change Rate +0.033384% Assessed CR Tax Rate +0.017061%
Year 2017 Assessed Value $158,410 Land Value Improvement Value Tax Amount $2,693.8 Change Rate +0.045393% Assessed CR Tax Rate +0.017005%
Year 2016 Assessed Value $153,800 Land Value Improvement Value Tax Amount $2,576.83 Change Rate +0.029715% Assessed CR Tax Rate +0.016754%
Year 2015 Assessed Value $149,330 Land Value Improvement Value Tax Amount $2,502.47 Change Rate +0.034989% Assessed CR Tax Rate +0.016758%
Year 2014 Assessed Value $144,990 Land Value Improvement Value Tax Amount $2,417.87 Change Rate Assessed CR Tax Rate +0.016676%