tomo logo

$530,000

Beds
5
Baths
3.0
sq ft
2,430

1945 NW 7th Pl, Gresham, OR 97030

1945 NW 7th Pl

Gresham, OR 97030

  • 61 days on market
    • Price drop $37,000↓
Located in a sought-after neighborhood, this delightful home offers ample space inside and out. The large fenced backyard features a covered patio, deck, and tool shed, ideal for relaxation and storage! Inside, each room boasts generous proportions, while the finished basement, with exterior entry, offers two non-conforming bedrooms, including a potential mother-in-law suite with a private bath. With endless possibilities and abundant space, this home is ready to accommodate your dream home! *Offering a $10,000 credit*

Details

Property type

Single Family Residence

Est. home value

$500,184

Lot size

7,840 sq ft

Price per sq ft

$219

Year built

1964

Annual property taxes

$4,863.95

Price History

06/18/2024
PortlandOR

PortlandOR #24002621

Price change
$530,000
-6.53%
05/02/2024
PortlandOR

PortlandOR #24002621

Listed
$567,000
+3.49%
04/24/2024
PortlandOR

PortlandOR #24561086

Removed
$547,900

Schools & Community

Neighborhood: 

Northwest

Elementary school: 

East Gresham

Middle school: 

Dexter McCarty

High school: 

Gresham

Seller’s Loan History

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

Lender

Fairway Independent Mortgage Corp

Loan start date

May 2017

Original loan amount

$450,000

Est. remaining balance

Not provided

Interest rate

4.26%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Roger M Simshaw

Lender

Us Bank Na

Loan start date

April 2006

Original loan amount

$33,500

Est. remaining balance

Not provided

Interest rate

6.26%

Loan type

Credit Line (Revolving)

Seller

Roger M Simshaw and Gladys M Simshaw

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: 07/02/2024 at 4:15 PM

Listing updated: 06/18/2024 at 4:24 PM

Listed by: Jordan Matin, Matin Real Estate Phone #: (503) 447-3599

MLS: PortlandOR #24002621

PortlandOR logo

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