tomo logo

$679,000

Beds
4
Baths
2.5
sq ft
Unknown

308 SW 38th Loop, Gresham, OR 97080

308 SW 38th Loop

Gresham, OR 97080

  • 34 days on market
    • Price drop $20,000↓
Charming Home in Quiet Gresham Neighborhood – A Must-See!This beautifully updated, light-filled home nestled in a serene Gresham neighborhood! Featuring an open-concept layout, this home offers a spacious and functional flow, perfect for modern living. The main floor boasts immaculate hardwood floors, complemented by a gourmet kitchen with a heated floor, ideal for cozy meals year-round. The family room includes a welcoming fireplace, while the adjacent dining space makes entertaining a breeze. Need a dedicated workspace? The well-appointed home office provides the privacy and quiet you need to focus.In addition, save on energy costs with recently installed solar panels! The expansive primary bedroom offers plenty of room for relaxation, plus a large walk-in closet for all your storage needs. A huge bonus room awaits, providing ample space for entertainment, hobbies, or even a home theater.Located just moments from Persimmon Country Club, you'll enjoy easy access to golf, nature, and all the amenities this lovely area has to offer.Don't miss out—schedule your tour today!

Details

Property type

Single Family Residence

Est. home value

$575,372

Lot size

6,969 sq ft

Price per sq ft

Unknown

Year built

1996

Annual property taxes

$7,047.85

HOA

No

Price History

02/07/2025
PortlandOR

PortlandOR #112433590

Price change
$679,000
-2.86%
01/24/2025
PortlandOR

PortlandOR #112433590

Listed
$699,000
+20.75%
06/17/2021
PortlandOR

PortlandOR #21271391

Sold
$578,900

Schools & Community

Neighborhood: 

Gresham Butte

Elementary school: 

Hogan Cedars

Middle school: 

Dexter McCarty

High school: 

Gresham

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

$198,588
Asking price
$679,000
Closing costs (~8% of asking)
-$54,320
Est. remaining loan balance
-$426,092
Cash to seller
$198,588

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

Seller’s Loan History

Lender

Home Mortgage Alliance Llc

Loan start date

June 2021

Original loan amount

$463,120

Est. remaining balance

$426,092

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Lance Fields and Elizabeth Younger

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: 02/27/2025 at 2:20 PM

Listing updated: 02/27/2025 at 1:51 AM

Listed by: Debra Neal, Windermere Realty Trust Phone #: (503) 284-7755

MLS: PortlandOR #112433590

PortlandOR logo

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