tomo logo

$634,000

Beds
4
Baths
2.5
sq ft
Unknown

308 SW 38th Loop, Gresham, OR 97080

308 SW 38th Loop

Gresham, OR 97080

  • 67 days on market
    • Price drop $25,000↓
Charming Home in Tranquil Gresham Neighborhood – A Must-See!Step into this beautifully updated, sun-filled home nestled in a peaceful Gresham neighborhood. With an open-concept design, the home seamlessly blends spaciousness and functionality, perfect for contemporary living. The main floor features stunning hardwood floors and a gourmet kitchen with a heated floor—ideal for enjoying meals in comfort all year round. Relax in the cozy family room by the inviting fireplace, and effortlessly entertain guests in the adjacent dining area.Looking for a quiet workspace? The thoughtfully designed home office offers the privacy and focus you need. Plus, save on energy costs with newly installed solar panels!The expansive primary bedroom provides a peaceful retreat, complete with a generous walk-in closet. Enjoy the flexibility of a huge bonus room, offering endless possibilities for entertainment, hobbies, or even a home theater.Located just minutes from Persimmon Country Club, you’ll have easy access to golf, nature, and all the wonderful amenities this charming neighborhood has to offer. Don’t miss out on this exceptional home!

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

03/25/2025
PortlandOR

PortlandOR #112433590

Price change
$634,000
-3.79%
03/21/2025
PortlandOR

PortlandOR #112433590

Price change
$659,000
-2.95%
02/07/2025
PortlandOR

PortlandOR #112433590

Price change
$679,000
-2.86%

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

$158,078
Asking price
$634,000
Closing costs (~8% of asking)
-$50,720
Est. remaining loan balance
-$425,202
Cash to seller
$158,078

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

$425,202

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: 04/01/2025 at 3:00 PM

Listing updated: 04/01/2025 at 10:12 AM

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

MLS: PortlandOR #112433590

PortlandOR logo

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