tomo logo

$567,400

Beds
3
Baths
2.0
sq ft
Unknown

5054 SE 11th Way, Gresham, OR 97080

5054 SE 11th Way

Gresham, OR 97080

  • 2 days on market
    • Open house Apr 05
*OPEN SAT 1-3pm* Rare opportunity to own a home in the coveted Sun Meadows community! This thoughtfully designed and exquisitely maintained single-level home boasts stunning architectural elements. A grand 20-ft windmill palm tree welcomes you at the private, covered garden entrance. Inside, soaring ceilings, vaulted living and family rooms, elegant archways, and a calming neutral color palette enhance the home's airy sophistication. The formal dining room, adorned with a ceiling medallion and chandelier, flows into the living room, where a gas fireplace adds warmth and ambiance. Tall arched south-facing windows showcase a beautifully landscaped front yard with breathtaking views of the mature pink dogwoods. The kitchen features solid oak cabinets and flooring, an eat-in island, newer Whirlpool appliances, including a gas range and French-door refrigerator. An open-concept design seamlessly connects the kitchen and family room, making it an ideal space for gatherings and everyday living. The sunlit octagonal breakfast nook offers charm and backyard access to a newly painted 20' x 9' wood deck, perfect for outdoor enjoyment. Down the spacious hallway, the laundry/mudroom with oak built-ins and ample storage sits conveniently off the garage. Two generously sized bedrooms accommodate various needs, from an office or media space to an exercise or craft room, while an adjacent full bath provides floor-to-ceiling storage. The luxurious primary suite is a private oasis, featuring double doors, a spa-like ensuite with an oversized jetted tub beneath a large private window, dual sinks, a walk-in shower, and a spacious walk-in closet. Just two blocks from Ironwood Park’s trails and close to schools, Sun Meadows offers something for everyone! Special features include central heat & A/C, Milgard windows, a 2-car garage with separate remote entry, a Brinks security system, custom top/bottom cellular blinds throughout, an in-ground sprinkler system, and a Rainbird 4-zone system.

Details

Property type

Single Family Residence

Est. home value

$538,513

Lot size

5,662 sq ft

Price per sq ft

Unknown

Year built

1998

Annual property taxes

$6,091

HOA

No

Price History

04/02/2025
PortlandOR

PortlandOR #24295530

Removed
$567,400
04/02/2025
PortlandOR

PortlandOR #24295530

Listed
$567,400
+3.16%
07/23/2021
PortlandOR

PortlandOR #21007118

Sold
$550,000

Schools & Community

Neighborhood: 

Kelly Creek

Elementary school: 

Powell Valley

Middle school: 

Gordon Russell

High school: 

Sam Barlow

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

$499,074
Asking price
$567,400
Closing costs (~8% of asking)
-$45,392
Est. remaining loan balance
-$22,934
Cash to seller
$499,074

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

Seller’s Loan History

Lender

Norwest Mtg

Loan start date

June 1998

Original loan amount

$99,950

Est. remaining balance

$22,934

Interest rate

7.17%

Loan type

Not Provided, 30 year

Seller

Joretta H Bailey

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: 04/04/2025 at 12:35 PM

Listing updated: 04/04/2025 at 11:26 AM

Listed by: Cary Knight, John L. Scott Portland Metro Phone #: (503) 665-0111

MLS: PortlandOR #24295530

PortlandOR logo

Recently listed in Gresham

$749,000|3 bd|2.0 ba|House
$1,000,000|1 bd|1.0 ba|House
$695,000|4 bd|2.5 ba|House
$239,000|2 bd|2.5 ba|Condo
$649,400|4 bd|3.5 ba|House
$299,995|2 bd|1.5 ba|Condo
$549,950|3 bd|2.5 ba|House
$442,900|3 bd|2.5 ba|Townhouse