tomo logo

$695,000

Beds
4
Baths
3.0
sq ft
3,288

16410 Hiram Ave, Oregon City, OR 97045

16410 Hiram Ave

Oregon City, OR 97045

  • 89 days on market
    • Price drop $20,000↓
Price improvement! Rare In-Town Acreage with Tremendous Potential – 1.72 Prime Acres in Oregon City!Come see this spacious 3,288 sqft home, sitting on an incredible 1.72 acres of PRIME, in-town land in Oregon City. This property offers a rare opportunity to enjoy both the convenience of urban living and the space for endless possibilities. Whether you're looking for room to grow, the potential to add a home business, build 2 or more Accessory Dwelling Units (ADUs), or create a large urban garden, this property has the space and flexibility to make it happen!The home has been tastefully updated with new LVP flooring, fresh carpet, and new paint throughout, offering a move-in-ready space with oversized bedrooms, large bathrooms, and a massive 4-car garage—perfect for storing all your toys, creating a home office, or working from home. The large lot is ideal for adding a large shop or expanding your living space.Additionally, this property comes with the potential of two additional .45-acre lots, offering even more opportunities for development or investment. Whether you're looking to create a multi-generational living space, add extra ADUs, or simply enjoy the luxury of space in a prime location, this property provides options that are hard to find in Oregon City.Situated on a gated flag lot, the home offers privacy while still being close to freeways, shopping, grocery stores, and local nightlife—truly the best of both worlds. This is a nearly impossible find, offering the rare combination of in-town convenience and expansive acreage.With its size, potential for a home business, ADUs, or a large shop, and the option to purchase additional land, this property is an incredible investment opportunity at an attractive price. Don’t miss out on this one-of-a-kind find!

Details

Property type

Single Family Residence

Est. home value

$674,276

Lot size

1.72 acres

Price per sq ft

$212

Year built

1949

Annual property taxes

$6,623.06

Price History

12/11/2024
PortlandOR

PortlandOR #24530213

Price change
$695,000
-2.8%
12/04/2024
PortlandOR

PortlandOR #24530213

Price change
$715,000
-1.38%
10/31/2024
PortlandOR

PortlandOR #24530213

Price change
$725,000
-3.33%

Schools & Community

Neighborhood: 

Park Place

Elementary school: 

Holcomb

Middle school: 

Other

High school: 

Oregon City

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

$287,254
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$352,146
Cash to seller
$287,254

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

February 2020

Original loan amount

$389,500

Est. remaining balance

$352,146

Interest rate

3.73%

Loan type

New Conventional, 30 year

Seller

Danielle E Brubaker

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: 12/22/2024 at 11:05 PM

Listing updated: 12/16/2024 at 7:46 PM

Listed by: Anjali Gatpandan, Kelly Right Real Estate of Portland, LLC Phone #: (503) 719-6056

MLS: PortlandOR #24530213

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