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$1,100,000

Beds
3
Baths
1.5
sq ft
2,246

11961 SE 162nd Ave, Happy Valley, OR 97086

11961 SE 162nd Ave

Happy Valley, OR 97086

  • 2 days on market
Prime development opportunity on nearly 3 acres of land in a highly desirable neighborhood! The true value lies in the expansive property, offering endless potential for future projects. Located within short distance to New Seasons Market and charming local shops, and just 10 minutes from the freeway and Clackamas Town Center, this location provides both convenience and growth potential.

Details

Property type

Single Family Residence

Est. home value

$698,390

Property condition

Fixer

Lot size

2.74 acres

Price per sq ft

$490

Year built

1943

Annual property taxes

$5,119.81

Price History

10/03/2024
PortlandOR

PortlandOR #24205658

Listed
$1,100,000

Schools & Community

Elementary school: 

Happy Valley

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

$688,964
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$323,036
Cash to seller
$688,964

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

June 2020

Original loan amount

$355,000

Est. remaining balance

$323,036

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Valerit Semenyuk

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: 10/05/2024 at 3:25 AM

Listing updated: 10/04/2024 at 12:19 PM

Listed by: Raisa Sidorenko, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #24205658

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