tomo logo

$395,000

Beds
3
Baths
1.0
sq ft
Unknown

406 NE 92nd Ave, Portland, OR 97220

406 NE 92nd Ave

Portland, OR 97220

  • Pending
Step into this delightful 3-bed, 1-bath single-story home, where mid-century charm meets modern convenience! Built in 1951, this well-maintained gem is move-in ready and packed with features to make you feel right at home.The beautifully manicured front yard welcomes you with curb appeal, while the gated driveway and covered carport provide added security and convenience. Inside, you'll find original hardwood floors, freshly painted walls (both interior and exterior just a few years ago), and upgraded vinyl windows that let in plenty of natural light while keeping energy efficiency top of mind.All three bedrooms feature walk-in closets, offering ample storage space—rare for a home of this era. The updated kitchen boasts stainless steel appliances, granite counter tops and a seamless flow into the cozy dining and living areas, making it perfect for entertaining or everyday living. A dedicated laundry room with built-in storage adds extra functionality to the space.The fully fenced backyard features a covered tile patio that’s perfect for year-round gatherings, barbecues, or just relaxing with your morning coffee. Whether you’re looking to garden, play, or entertain, the spacious yard provides endless possibilities.Recent updates include a new gas furnace (installed in 2021) and a roof that’s only 3 years old, offering peace of mind for years to come. Conveniently located with easy access to downtown and major freeways, only a 5 block walk from bus stops, and less than a mile from the Gateway Transit center; this home combines charm, comfort, and practicality in a highly desirable location.Don’t miss the opportunity to own this truly special home—schedule your showing today!

Details

Property type

Single Family Residence

Est. home value

$396,830

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

1951

Annual property taxes

$3,866.95

HOA

No

Price History

02/04/2025
PortlandOR

PortlandOR #355860267

Pending
$395,000
01/23/2025
PortlandOR

PortlandOR #355860267

Listed
$395,000
+8.22%
01/25/2021
PortlandOR

PortlandOR #20408024

Sold
$365,000

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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

$98,058
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$265,342
Cash to seller
$98,058

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

January 2021

Original loan amount

$292,000

Est. remaining balance

$265,342

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Shannon E K Lee

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: Pending/Under Contract

Tomo last checked: 02/05/2025 at 2:55 PM

Listing updated: 02/04/2025 at 12:25 PM

Listed by: Sean Premo, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #355860267

PortlandOR logo

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