tomo logo

$950,000

Beds
3
Baths
4.0
sq ft
4,954

11550 SE 162nd Ave, Happy Valley, OR 97086

11550 SE 162nd Ave

Happy Valley, OR 97086

  • 58 days on market
    • Price drop $45,000↓
TWO LOTS - Buyers DYDD regarding building options. Check Matterport tour at link. No HOA/rental restrictions! Welcome to an exquisite residence in the heart of Happy Valley, where luxury meets tranquility. This elegant, updated, 4 bedroom, 3 full bath, and 2 half bath home is a masterpiece of design and comfort, set on a spacious lot with breathtaking views of local vineyards and the sprawling green landscapes. Indulge in the bright and inviting, newly refreshed gourmet kitchen, perfect for culinary adventures, and retreat to the grand master bedroom, a sanctuary of peace and luxury. The lower floor offers endless possibilities, easily convertible into a sophisticated living space, a vibrant game room or an ADU using the lower level entrance. Step outside to your private oasis, featuring an in-ground pool and a maintenance-free backyard, ideal for both lavish parties and serene relaxation. For the hobbyist, the bonus garage provides ample space for creativity and projects. With ample parking for RVs, off-road enthusiasts will find this home perfect for their adventurous lifestyle. The adjacent lot, included in the sale, offers exciting future development potential. Despite its country feel, this luxurious home is just moments away from fine dining and shopping, combining the best of both worlds. Experience unparalleled luxury, convenience, and serenity in this exceptional Happy Valley home, designed for grand living and exquisite entertaining.

Details

Property type

Single Family Residence

Est. home value

$1,212,876

Lot size

1.09 acres

Price per sq ft

$192

Year built

1996

Annual property taxes

$16,461.22

Price History

10/07/2024
PortlandOR

PortlandOR #24571219

Price change
$950,000
-4.52%
09/25/2024
PortlandOR

PortlandOR #24571219

Listed
$995,000
+30.49%
12/08/2020
PortlandOR

PortlandOR #20542785

Sold
$762,500

Schools & Community

Elementary school: 

Scouters Mtn

Middle school: 

Happy Valley

High school: 

Clackamas

Negotiation Insights

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

Seller could get up to

$422,541
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$451,459
Cash to seller
$422,541

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Gateway First Bank

Loan start date

December 2020

Original loan amount

$495,000

Est. remaining balance

$451,459

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Eric Bald and Baolan Zhu

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: 11/22/2024 at 6:20 AM

Listing updated: 11/03/2024 at 10:42 PM

Listed by: Daniel Treacy, Keller Williams Premier Partners Phone #: (360) 693-3336

MLS: PortlandOR #24571219

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