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$488,453Estimated home value

Beds
5
Baths
2.0
sq ft
2,310

38376 Hood St, Sandy, OR 97055

38376 Hood St

Sandy, OR 97055

  • Off market
    • Price drop $15,000↓
Hard to find a home with livability and so many possibilities for income producing. Home was completely remodeled in 2005. Four bedrooms on the main level with an ADA bathroom, laundry room, this level was once used as an adult care home. The upstairs is a private 2 bedroom, siting area bath and laundry. Check with the city to see if you can run your business. It is a great home for a large family. Guest home could be an ADU. The backyard is private with a chicken coop, fruit trees, outbuildings

Details

Property type

Single Family Residence

Est. home value

$488,453

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$282

Year built

1930

Annual property taxes

$3,281.85

Price History

08/20/2024
PortlandOR

PortlandOR #22274532

Removed
$650,000
08/10/2024
PortlandOR

PortlandOR #22274532

Price change
$650,000
-2.26%
05/19/2024
PortlandOR

PortlandOR #22274532

Price change
$665,000
-0.75%

Schools & Community

Elementary school: 

Sandy

Middle school: 

Cedar Ridge

High school: 

Sandy

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

$401,644
Asking price
$650,000
Closing costs (~8% of asking)
-$52,000
Est. remaining loan balance
-$196,356
Cash to seller
$401,644

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

Seller’s Loan History

Lender

Metropolitan Home Mortgage Inc

Loan start date

January 2017

Original loan amount

$231,330

Est. remaining balance

$196,356

Interest rate

4.08%

Loan type

FHA, 30 year

Seller

Aranca Ferarita

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: Off Market

Tomo last checked: 08/26/2024 at 5:30 PM

Listing updated: 08/10/2024 at 2:23 PM

Listed by: Ella Clark, Mal & Seitz Phone #: (503) 667-1200

MLS: PortlandOR #22274532

PortlandOR logo

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