tomo logo

$845,000

Beds
4
Baths
2.5
sq ft
2,195

6920 NE 27th Ave, Portland, OR 97211

6920 NE 27th Ave

Portland, OR 97211

  • 49 days on market
    • Price drop $54,000↓
This stunning Mid-Century Modern home is situated on a prime corner lot, zoned for additional ADU structures, offering a unique layout and incredible potential for expansion. The yard has been professionally leveled and is ready for construction. Key Features: • Complete Renovation: The entire home has been remodeled with brand new electrical, plumbing, ceilings, floors, fixtures, and windows, ensuring a modern and worry-free living experience. • Upstairs: Boasts high vaulted ceilings with exposed beams, large windows, and an open-concept layout featuring hardwood floors, custom built-ins, and a beautifully remodeled kitchen designed for versatility and style. • Downstairs: Serves as a luxurious master suite with a separate entrance and laundry, making it ideal as a private ADU or guest living quarters.The upper backyard is a retreat in itself, complete with wood decking and two gazebos—perfect for outdoor entertaining. Furniture is negotiable per the seller. This is a must-see property with significant potential for additional income and expansion. Please refer to the private remarks for more detailed information.

Details

Property type

Single Family Residence

Est. home value

$516,578

Property condition

Updated/Remodeled

Lot size

6,098 sq ft

Price per sq ft

$385

Year built

1954

Annual property taxes

$4,243.24

Price History

11/11/2024
PortlandOR

PortlandOR #24698662

Price change
$845,000
-6.01%
10/16/2024
PortlandOR

PortlandOR #24698662

Price change
$899,000
-5.86%
09/27/2024
PortlandOR

PortlandOR #24698662

Listed
$955,000
+101.05%

Schools & Community

Neighborhood: 

Concordia

Elementary school: 

Faubion

Middle school: 

Faubion

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

$410,569
Asking price
$845,000
Closing costs (~8% of asking)
-$67,600
Est. remaining loan balance
-$366,831
Cash to seller
$410,569

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

October 2018

Original loan amount

$412,250

Est. remaining balance

$366,831

Interest rate

4.51%

Loan type

New Conventional, 30 year

Seller

Ani Vartanian

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: 11/15/2024 at 1:45 AM

Listing updated: 11/11/2024 at 2:01 PM

Listed by: Kevin Riley, Vantage Point Brokers, LLC Phone #: (503) 523-0997

MLS: PortlandOR #24698662

PortlandOR logo

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