tomo logo

$575,000

Beds
3
Baths
2.0
sq ft
Unknown

3837 NE Sumner St, Portland, OR 97211

3837 NE Sumner St

Portland, OR 97211

  • 40 days on market
    • Price drop $20,000↓
Sleek and stylish 3-bedroom, 2-bathroom home in the heart of NE Portland! This move-in ready home is nestled in the vibrant and desirable Concordia neighborhood. With its contemporary design, smart layout, and unbeatable location, this home is perfect for urban living. The kitchen features modern stainless-steel appliances, including a gas range, ideal for home cooks and entertainers alike. The open-concept living and dining area provides a cozy gas fireplace, large windows, and abundant light. Just outside the sliding glass door is a fully fenced yard with a private, low maintenance patio – ideal for hosting, gardening, or relaxing. Upstairs, you'll find three well-sized bedrooms, including a primary suite with double closets offering ample storage. Walking distance to McMenamins Kennedy School, 42nd St, and the Alberta Arts District's eclectic shops, restaurants, and cafes. Close to New Seasons Market, parks, and top-rated schools. Convenient access to public transportation and major commuting routes. Whether you’re looking for a starter home, investment property, or a place to settle in a dynamic community, this home is ready to welcome you!

Details

Property type

Single Family Residence

Est. home value

$520,399

Lot size

2,613 sq ft

Price per sq ft

Unknown

Year built

2004

Annual property taxes

$5,104.1

HOA

No

Price History

01/16/2025
PortlandOR

PortlandOR #24048553

Price change
$575,000
-3.36%
12/13/2024
PortlandOR

PortlandOR #24048553

Listed
$595,000
+7.21%
03/18/2022
PortlandOR

PortlandOR #22371472

Sold
$555,000

Schools & Community

Neighborhood: 

Concordia

Elementary school: 

Vernon

Middle school: 

Vernon

High school: 

Jefferson

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

$135,941
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$393,059
Cash to seller
$135,941

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

March 2022

Original loan amount

$416,250

Est. remaining balance

$393,059

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Jacob Sandoval and Ratna Pillai

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: 01/21/2025 at 9:05 PM

Listing updated: 01/16/2025 at 3:15 PM

Listed by: Rikki Hooker, Opt Phone #: (916) 296-8623

MLS: PortlandOR #24048553

PortlandOR logo

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