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$1,150,000

Beds
5
Baths
3.0
sq ft
Unknown

34241 SE Colorado Rd, Sandy, OR 97055

34241 SE Colorado Rd

Sandy, OR 97055

  • 12 days on market
Private 20 acres. Fenced & gated. Generous upgrades. Remodel completed in 2024-2025. Enter over (approx.) 3400SF of living from covered deck. 5 bedrooms plus 3 versatile rooms currently used as bedrooms, all bedrooms with new vanities, toilets & showers. Two are supersized ensuites. All new kitchen appliances, laundry room is complete with new commercial grade washer & dryer. New fiberglass interior and exterior doors. Fresh paint inside & out. Deck newly refinished with paint and sealer. New Gutters. New Lighting. New trim. A detached 600SF unit designed for multi-purpose/multi-generational and features large great room, bedroom, full bath & kitchenette. Detached 20X20 garage with work bench, 36X60 pole barn's open plan gives the opportunity to do space planning to meet your needs, 4 12X12 lean-to horse stalls, 12X24 dog kennel & 7 kennel doors. 12X24 hay building/tool shed with sliding doors. Well test completed on 03/10/2025 and septic pumped on 03/06/2025. Fresh gravel placed 03/20/2024. During this ownership, no pesticides were used in any gardening. Property is approx. 26 miles west of Portland (PDX) & approx. 35 miles east to Mt. Hood recreation. Peace and quiet 20 acres of endless options. Not a drive by. Seller motivated.

Details

Property type

Manufactured On Land

Est. home value

$752,601

Lot size

20.0 acres

Price per sq ft

Unknown

Year built

1999

Annual property taxes

$2,510.34

HOA

No

Price History

03/22/2025
PortlandOR

PortlandOR #525133371

Listed
$1,150,000
+109.09%
11/23/2020
PortlandOR

PortlandOR #20116167

Sold
$550,000
+17.02%
05/11/2018
PortlandOR

PortlandOR #18463615

Sold
$470,000

Schools & Community

Elementary school: 

Sandy

Middle school: 

Boring

High school: 

Sandy

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

$732,879
Asking price
$1,150,000
Closing costs (~8% of asking)
-$92,000
Est. remaining loan balance
-$325,121
Cash to seller
$732,879

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

November 2020

Original loan amount

$360,000

Est. remaining balance

$325,121

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Michael James Buchanan and Shannon D Buchanan

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?

Status: Active

Tomo last checked: 04/03/2025 at 12:00 PM

Listing updated: 04/03/2025 at 5:21 AM

Listed by: Mary Morss, Western Oregon Properties, Inc Phone #: (503) 650-6588

MLS: PortlandOR #525133371

PortlandOR logo

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