tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
1,706

1040 NE 78th Ave, Portland, OR 97213

1040 NE 78th Ave

Portland, OR 97213

  • 47 days on market
    • Price drop $10,000↓
This 1922 Montavilla bungalow is clean and move-in ready. New roof in 2022, furnace and w/heater in 2019, plenty of built-in storage. New laminate floor in living room, new carpet and fresh paint in main-floor bedrooms. Bamboo floors in sunroom and lower-level. Basement has a separate entrance. Perfect for multi-generational living. Covered back patio, fenced & private back yard with a Tuff Shed. Appliances included with a full-price offer. Within walking distance of Montavilla shops and restaurants. Convenient to mass transit. Walk Score of 76, Bike Score of 95, Transit Score of 66.

Details

Property type

Single Family Residence

Est. home value

$502,630

Lot size

5,227 sq ft

Price per sq ft

$293

Year built

1922

Annual property taxes

$4,004.77

Price History

10/21/2024
PortlandOR

PortlandOR #24513330

Price change
$499,000
-1.96%
10/10/2024
PortlandOR

PortlandOR #24513330

Price change
$509,000
-2.02%
10/03/2024
PortlandOR

PortlandOR #24513330

Price change
$519,500
-1.89%

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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?

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Status: Active

Tomo last checked: 11/05/2024 at 7:15 AM

Listing updated: 10/21/2024 at 5:45 AM

Listed by: Christopher Lancefield, Lancefield Realty Phone #: (503) 807-6642

MLS: PortlandOR #24513330

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