tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
Unknown

1040 NE 78th Ave, Portland, OR 97213

1040 NE 78th Ave

Portland, OR 97213

  • 1 day on market
Wonderful Montavilla Bungalow. The finished basement has a separate entrance, perfect for muli-gen or rental. This property has endless possibilities! Extra long driveway with private gate for RV/Boat/Toys, room to expand on side or back of home or additional ADU/garage. You will love the large covered patio, sunporch, room for entertaining, beautiful west facing. Sit on covered front porch to watch the sunset. Sideyard has perfect sun for garden or raised bed. Conveniently located to neighborhood restaurants. Newer roof/carpet paint/furnace. Walkable Score 76, Bike score 95, Transit score 96.

Details

Property type

Single Family Residence

Est. home value

$502,630

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

1922

Annual property taxes

$4,164.74

HOA

No

Price History

02/20/2025
PortlandOR

PortlandOR #354504096

Listed
$499,000
+2.89%
12/16/2024
PortlandOR

PortlandOR #24513330

Removed
$485,000
12/06/2024
PortlandOR

PortlandOR #24513330

Price change
$485,000
-0.51%

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Other

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

The Sutton Family Trust

Loan start date

February 2019

Original loan amount

$287,844

Est. remaining balance

Not provided

Interest rate

3.89%

Loan type

Commercial, 15 year

Seller

Steven Strauss and Norma Strauss

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/22/2025 at 9:00 AM

Listing updated: 02/21/2025 at 8:42 PM

Listed by: Christina Bentley Wise, Real Estate Concierge Phone #: (541) 788-4253

MLS: PortlandOR #354504096

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