tomo logo

$299,900

Beds
3
Baths
2.0
sq ft
1,688

127 SE 106th Ave, Portland, OR 97216

127 SE 106th Ave

Portland, OR 97216

  • 40 days on market
    • Price drop $15,100↓
Builders and developers! Gem of a fixer with development potential on a large level infill lot. Charming features include hardwood floors throughout, high ceilings with vaulted 14x21 master suite. Clawfoot tub and tons of natural light. Still plenty of value in the current home and build multiplex with min 7 units and no maximum. RM2 zoning, build 16 townhomes or 4 four-plexes. So many options here! Home and property sold as-is. Call today!

Details

Property type

Single Family Residence

Est. home value

$407,744

Property condition

Fixer

Lot size

0.23 acres

Price per sq ft

$178

Year built

1946

Annual property taxes

$4,067.85

Price History

12/13/2024
PortlandOR

PortlandOR #24659244

Price change
$299,900
-4.79%
11/27/2024
PortlandOR

PortlandOR #24659244

Pending
$315,000

Schools & Community

Neighborhood: 

Hazelwood

Elementary school: 

Cherry Park

Middle school: 

Floyd Light

High school: 

David Douglas

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

$156,019
Asking price
$299,900
Closing costs (~8% of asking)
-$23,992
Est. remaining loan balance
-$119,889
Cash to seller
$156,019

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

Seller’s Loan History

Lender

American Mortgage Network Inc

Loan start date

March 2008

Original loan amount

$187,500

Est. remaining balance

$119,889

Interest rate

5.48%

Loan type

Not Provided, 30 year

Seller

Jon P Witte and Susan L Witte

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?

Similar Homes Nearby

PortlandOR
$272,000
3 bd
|
1.5 ba
|
1,140 sq ft
|
Condo

12410 SE Main St, Portland, OR 97233

Price drop
PortlandOR
$284,000
3 bd
|
1.5 ba
|
1,140 sq ft
|
Condo

12600 SE Main St, Portland, OR 97233

Sold
PortlandOR
$265,000
3 bd
|
2.5 ba
|
1,352 sq ft
|
Townhouse

679 SE 148th Ave, Portland, OR 97233

Status: Active

Tomo last checked: 01/02/2025 at 11:40 PM

Listing updated: 12/17/2024 at 8:16 PM

Listed by: Adriane Bovero, All County Real Estate Phone #: (503) 658-2600

MLS: PortlandOR #24659244

PortlandOR logo

Recently listed in Portland

$629,999|4 bd|2.5 ba|House
$459,950|3 bd|2.0 ba|House
$492,637|3 bd|2.5 ba|Townhouse
$529,900|3 bd|2.0 ba|House
$524,500|3 bd|1.0 ba|House
$825,000|3 bd|1.5 ba|House
$529,000|3 bd|2.0 ba|House
$689,460|4 bd|2.5 ba|House