tomo logo

$379,000

Beds
4
Baths
1.5
sq ft
2,324

3524 SE 42nd Ave, Portland, OR 97206

3524 SE 42nd Ave

Portland, OR 97035

  • Pending
    • Price drop $70,000↓
House is a fixer and likely not financeable. The value is in the oversized lot, which backs to Creston Park and is zoned RM1. Per the City of Portland - "The RM1 zone is a low-scale multi-dwelling zone applied around centers and corridors in locations near single-dwelling residential areas. Housing is generally characterized by 1-3 story buildings with front setbacks that relate to the patterns of residential neighborhoods. The types of new development include duplexes, rowhouses, courtyard housing and small apartment buildings." Buyer is responsible for all due diligence with regards to use, planning and zoning, PBOT, etc. Property sits just off Powell Blvd, easy access to services and transportation. MAJOR PRICE ADJUSTMENT. SOLD AS-IS, SELLER TO DO NO REPAIRS OR CONCESSIONS.

Details

Property type

Single Family Residence

Est. home value

$625,035

Property condition

Fixer

Lot size

0.27 acres

Price per sq ft

$164

Year built

1913

Annual property taxes

$4,870.21

Price History

11/17/2024
PortlandOR

PortlandOR #24489793

Pending
$379,000
11/13/2024
PortlandOR

PortlandOR #24489793

Price change
$379,000
-15.59%
09/10/2024
PortlandOR

PortlandOR #24489793

Listed
$449,000

Schools & Community

Neighborhood: 

Creston-Kenilworth

Elementary school: 

Creston

Middle school: 

Hosford

High school: 

Franklin

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

Directors Mortgage Inc

Loan start date

September 2006

Original loan amount

$248,500

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Stand Alone Refi (Refinance of Original Loan), 30 year

Seller

Richard H Dehen and Dorene Dehen

Lender

Home Savings Of America

Loan start date

August 1995

Original loan amount

$68,600

Est. remaining balance

$0

Interest rate

7.01%

Loan type

Not Provided, 15 year

Seller

Richard H Dehen and Dorene M Dehen

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: Pending/Under Contract

Tomo last checked: 11/21/2024 at 11:40 PM

Listing updated: 11/16/2024 at 4:31 PM

Listed by: Erin Livengood, Where Real Estate Collaborative Phone #: (503) 841-5618

MLS: PortlandOR #24489793

PortlandOR logo

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