tomo logo

$400,000

Beds
2
Baths
2.0
sq ft
1,688

127 SE 106th Ave, Portland, OR 97216

127 SE 106th Ave

Portland, OR 97216

  • 407 days on market
Gem of a fixer with development potential on a large level lot. Charming features include hardwood floors throughout, high ceilings with vaulted 14x21 master suite. Claw foot tub and tons of natural light. still plenty of value in current home, fix it up or remodel to your preferred finishes and have a beautiful large backyard or gardening and entertaining. You can also create a flag lot behind to build multiple units or clear the home and build multiplex with min 7 units and no maximum. RM2 zoning, build 16 townhomes or 4 fourplexes. So many options here! Home 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

$237

Year built

1946

Annual property taxes

$4,067.85

Price History

08/20/2024
PortlandOR

PortlandOR #23233745

Removed
$400,000
08/05/2024
PortlandOR

PortlandOR #23233745

Listed
$400,000
08/10/2023
PortlandOR

PortlandOR #23233745

Listed
$400,000

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

$246,581
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$121,419
Cash to seller
$246,581

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

$121,419

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?

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Status: Active

Tomo last checked: 09/20/2024 at 1:45 AM

Listing updated: 09/13/2024 at 2:20 AM

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

MLS: PortlandOR #23233745

PortlandOR logo

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