tomo logo

$889,900

Beds
6
sq ft
2,815

3741 SE Cesar E Chavez Blvd, Portland, OR 97202

3741 SE Cesar E Chavez Blvd

Portland, OR 97202

  • 41 days on market
    • Price drop $10,000↓
Fantastic Investment Opportunity conveniently located near the Division/Hawthorne area. Nicely updated kitchen and baths and LVT flooring throughout. The previous owner did electrical and plumbing updates. On-site coin operated laundry for addition revenue to new owner. Close to local shopping. All units leased until April of 2025. Drive by is ok, but do not go on property or disturb tenants.Currently being managed by a property management company. Photos are form previous rental listing. Any offer must be made contingent on interior inspection. Owner is a license agent in the state of Oregon.

Details

Property type

Est. home value

$786,329

Property condition

Updated/Remodeled

Lot size

4,791 sq ft

Price per sq ft

$317

Year built

1951

Annual property taxes

$9,788.36

Price History

09/27/2024
PortlandOR

PortlandOR #24657886

Price change
$889,900
-1.11%
09/11/2024
PortlandOR

PortlandOR #24657886

Listed
$899,900
09/10/2024
PortlandOR

PortlandOR #24657886

Removed
$899,900

Schools & Community

Neighborhood: 

Creston-Kenilworth

Elementary school: 

Grout

Middle school: 

Hosford

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

$252,426
Asking price
$889,900
Closing costs (~8% of asking)
-$71,192
Est. remaining loan balance
-$566,282
Cash to seller
$252,426

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

Seller’s Loan History

Lender

Amerisave Mortgage Corp

Loan start date

January 2022

Original loan amount

$600,000

Est. remaining balance

$566,282

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Anuraj Sidhu and Jatinder Gill

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: 10/05/2024 at 9:25 PM

Listing updated: 10/05/2024 at 1:27 AM

Listed by: Bradley Mulliner, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #24657886

PortlandOR logo

Recently listed in Portland

$755,000|3 bd|2.0 ba|House
$1,650,000|5 bd|3.0 ba|House
$365,900|3 bd|2.5 ba|Condo
$639,900|3 bd|2.5 ba|House
$490,000|4 bd|2.0 ba|House
$410,000|2 bd|1.0 ba|House
$425,000|2 bd|2.5 ba|Townhouse
$255,000|1 bd|1.0 ba|Condo
$419,900|3 bd|1.0 ba|House
$142,000|3 bd|2.0 ba|Manufactured

Explore top cities in Oregon