tomo logo

$535,000

Beds
3
Baths
2.0
sq ft
Unknown

3431 NE Fremont Dr, Portland, OR 97220

3431 NE Fremont Dr

Portland, OR 97220

  • 16 days on market
Welcome home to this delightful mid-century ranch with a permitted ADU, offering flexibility, character, and rental potential—all in a prime NE Portland location. With a total of 1,612 sqft between the two residences, this property is perfect for those seeking a multi-functional living space or an income-generating opportunity while maintaining the warmth and charm of vintage design. Step inside this sun-filled 3-bedroom, 1-bath home, where original hardwood floors and built-in charm create a warm and inviting atmosphere. The floor plan maximizes space, while abundant storage options help keep everything in its place. The cozy living area is perfect for unwinding after a long day, and the functional kitchen is ready for all your culinary creations.The ADU, which was originally a garage, this fully permitted 2018 conversion (648 sqft) offers an open-concept design, French doors that flood the space with natural light, and a spacious kitchen ready for entertaining. A full bath, in-unit washer/dryer, and private entrance make this an ideal guest suite, rental, or home office.This property offers the perfect blend of vintage charm and modern convenience, with the added bonus of a versatile ADU. Whether you're looking for multi-generational living, rental income, or creative workspace options, this home delivers. Schedule your showing today and explore the possibilities! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196480]

Details

Property type

Single Family Residence

Est. home value

$473,118

Lot size

5,662 sq ft

Price per sq ft

Unknown

Year built

1952

Annual property taxes

$5,237.36

HOA

No

Price History

02/06/2025
PortlandOR

PortlandOR #24122009

Listed
$535,000
+11.69%
12/20/2021
PortlandOR

PortlandOR #21686952

Sold
$479,000

Schools & Community

Neighborhood: 

Madison South

Elementary school: 

Jason Lee

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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

$134,814
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$357,386
Cash to seller
$134,814

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

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

December 2021

Original loan amount

$383,200

Est. remaining balance

$357,386

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Chaelin Song

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: 02/22/2025 at 9:15 AM

Listing updated: 02/08/2025 at 3:52 AM

Listed by: Julia Monaghan, Real Broker Phone #: (503) 360-1640

MLS: PortlandOR #24122009

PortlandOR logo

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