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$445,000

Beds
3
Baths
2.0
sq ft
1,344

236 NE 156th Ave Unit A, Portland, OR 97230

236 NE 156th Ave Unit A

Portland, OR 97230

  • 127 days on market
    • Price drop $15,000↓
2 homes on 1 Lot! Just Reduced $30,000! Located on an oversize lot near the Glendoveer Golf Course. Come grab this investment opportunity! Home A is the original 2 bedroom home, and Home B is a detached 6 year old ADU with one bedroom. Each home boasts separately fenced front and backyards and each have plenty of off-street parking. The current rent for Unit B is $1500. The month to month renter pays water, sewer, electricity and garbage outside of the specified rent. This detached ADU was built in 2017, it has 1 bedroom with beautiful finishes, soft close cabinets, stainless appliances, Luxury Vinyl Plank Flooring throughout the home and laundry hookups off the kitchen. Unit A is the original 1940's 2 bedroom home featuring; one bath, a large living room, dining area and a main floor laundry room that has access to the fenced backyard. Live in one while the rents received from the 2nd home helps pay off your mortgage quicker! Drive by but Do Not Disturb our renters-interior showings can be arranged with 24-48 hour notice.

Details

Property type

Single Family Residence

Est. home value

$466,640

Lot size

8,276 sq ft

Price per sq ft

$332

Year built

1943

Annual property taxes

$4,063.6

Price History

09/24/2024
PortlandOR

PortlandOR #24384632

Price change
$445,000
-3.26%
09/05/2024
PortlandOR

PortlandOR #24384632

Price change
$460,000
-3.16%
07/15/2024
PortlandOR

PortlandOR #24384632

Price change
$475,000

Schools & Community

Neighborhood: 

Glenfair

Elementary school: 

Glenfair

Middle school: 

H.B. Lee

High school: 

Reynolds

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

Homexpress Mortgage Corp

Loan start date

February 2020

Original loan amount

$274,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

New Conventional, 30 year

Seller

Martin C Cutshall and The Martin C Cutshall Living Trust

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: 10/05/2024 at 7:20 PM

Listing updated: 09/24/2024 at 2:59 PM

Listed by: Terri Boughton, Century 21 North Homes Realty Phone #: (503) 652-2260

MLS: PortlandOR #24384632

PortlandOR logo

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