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$1,250,000

Beds
4
Baths
3.5
sq ft
Unknown

3725 SE Martins St, Portland, OR 97202

3725 SE Martins St

Portland, OR 97202

  • 2 days on market
    • Open house Apr 05
Nestled in the heart of Portland’s highly desirable Sellwood-Moreland neighborhood, this beautifully updated 4-bedroom, 3.5-bathroom home offers 3,469 sq. ft. of thoughtfully designed living space. Built in 1957, the home blends mid-century charm with modern updates. The open-concept layout is filled with natural light, showcasing gorgeous hardwood floors throughout. The spacious living room is ideal for relaxing or entertaining, while the chef-inspired kitchen features high-end appliances, sleek countertops, a large island, and a brand new double size, built-in refrigerator and freezer, along with a beverage cooler and second prep sink. The main level also includes a beautiful primary suite with a cedar lined closet that has 2 built-in dressers. Upstairs you will find 2 spacious bedrooms filled with light, both with large closets and built-ins. Don’t miss the hidden storage behind the pull out cabinets! The finished basement provides additional living space with a family room and media center as well as a craft area or workspace with drawers and cabinets. Wine aficionados will love the 1,100 bottle wine cellar! There is also a 4th bedroom on this level that can be used as an office or guest room with access to a full bathroom. Recent upgrades include a convection oven, a warming drawer under the range, and a Lenox furnace and A/C system with transferable warranties. The expansive backyard with mature trees is perfect for outdoor entertaining, with a large deck, manicured lawn, and drip irrigation around the rear patio. Located in the Eastmoreland Historic District, this home is "non-contributing," allowing for potential future projects without special review. Ideally situated near parks, cafes, and shops with easy access to downtown, this home offers the perfect blend of comfort, style, and location. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10188766]

Details

Property type

Single Family Residence

Est. home value

$1,125,796

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

1957

Annual property taxes

$16,292.97

HOA

No

Price History

04/03/2025
PortlandOR

PortlandOR #155225401

Listed
$1,250,000
+13.53%
06/03/2021
PortlandOR

PortlandOR #21308931

Sold
$1,101,000

Schools & Community

Neighborhood: 

Eastmoreland

Elementary school: 

Duniway

Middle school: 

Sellwood

High school: 

Cleveland

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

$392,818
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$757,182
Cash to seller
$392,818

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

Seller’s Loan History

Lender

Selco Community Cu

Loan start date

June 2021

Original loan amount

$825,750

Est. remaining balance

$757,182

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Shawn W Allison and Kevin J Mclain

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: 04/04/2025 at 9:30 PM

Listing updated: 04/04/2025 at 2:55 PM

Listed by: Robin Malcomson, Opt Phone #: (503) 908-4908

MLS: PortlandOR #155225401

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