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$529,000

Beds
2
Baths
1.0
sq ft
1,728

3807 NE Grand Ave, Portland, OR 97212

3807 NE Grand Ave

Portland, OR 97212

  • 522 days on market
    • Price drop $50,000↓
Discover the potential of this 5,000 sq. ft. CM3 lot, located amidst commercial properties on all three sides. The lot boasts zero setbacks and a 3:1 Floor Area Ratio (FAR), which extends to 5:1 FAR with bonus provisions (please verify with the City of Portland). A detailed land survey is readily available.Nested within this lot is a charming, two-story fixer-upper in the heart of the Lincoln Park neighborhood. The interior features beautiful hardwood floors, original arched room entrances, and an inviting set of French doors that lead out to the deck from the kitchen.The property is complemented by a 612 sq. ft. unfinished basement, well-supported and ready for your personal touches. With 200 amps supplying power to the property, the electrical system has been recently updated.The home also comes with a spacious two-car garage, equipped with a separate electrical panel and great potential to be converted into an Accessory Dwelling Unit (ADU).Enjoy the convenience of this location, just a short distance from the 99E on/off ramp, public parks, schools, and the array of hip, new restaurants that North-East has to offer. Perfect for those who love to walk or cycle, this neighborhood is a true paradise!This property has a Home Energy Score of 5. The detailed HES report can be found at: https://rpt.greenbuildingregistry.com/hes/OR10207388. Explore the possibilities of this unique offering! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10207388]

Details

Property type

Single Family Residence

Est. home value

$579,678

Property condition

Fixer

Lot size

4,791 sq ft

Price per sq ft

$307

Year built

1900

Annual property taxes

$1,973.11

Price History

06/02/2023
PortlandOR

PortlandOR #23186100

Listed
$529,000

Schools & Community

Neighborhood: 

King

Elementary school: 

Sabin

Middle school: 

Beaumont

High school: 

Grant

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

Bank Of America Na

Loan start date

March 2005

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.67%

Loan type

Credit Line (Revolving), 25 year

Seller

Johan H Van Gelderen

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: 11/05/2024 at 4:20 AM

Listing updated: 09/04/2024 at 11:40 AM

Listed by: Connor McWilliams, RE/MAX Equity Group Phone #: (503) 287-8989

MLS: PortlandOR #23186100

PortlandOR logo

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