tomo logo

$975,000

Beds
4
Baths
3.0
sq ft
3,451

7031 S Virginia Ave, Portland, OR 97219

7031 S Virginia Ave

Portland, OR 97219

  • 28 days on market
Stunning 1922 Craftsman Reimagined for Modern Living. Nestled in the sought-after John's Landing neighborhood, this beautifully remodeled 4-bedroom, 3-bathroom craftsman blends timeless character with luxurious updates. Originally built in 1922 and meticulously reimagined in 2013, the 3,451 sq ft home offers spacious, light-filled living spaces and sophisticated finishes throughout. Dual primary suites provide exceptional flexibility, with one on the main level for convenience and a sprawling suite upstairs featuring breathtaking views of Mt. Hood, a cozy sitting room with a gas fireplace, and a spa-like ensuite bath with heated floors. Each suite includes a walk-in closet, ensuring ample storage. The two additional bedrooms and versatile bonus rooms create ample room for home offices, guest quarters, or creative spaces—all above grade for abundant natural light.With off-street parking for four, EV charging, and easy access to beloved local spots like Jola Cafe, Zupan’s Market, and St. Honoré Patisserie, this property offers the ideal blend of convenience and charm. Located just 0.2 miles from Willamette Park and the waterfront, this home invites you to experience Portland at its best. This residence awaits those seeking upscale urban living in an iconic setting with convenience to all Portland has to offer. Seller is a licensed Oregon Real Estate Broker. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10185565]

Details

Property type

Single Family Residence

Est. home value

$944,582

Property condition

Updated/Remodeled

Lot size

5,662 sq ft

Price per sq ft

$283

Year built

1922

Annual property taxes

$12,518.11

Price History

10/25/2024
PortlandOR

PortlandOR #24674423

Listed
$975,000
+2.74%
02/17/2024
PortlandOR

PortlandOR #23051512

Removed
$949,000
-0.76%
02/15/2024
PortlandOR

PortlandOR #23051512

Sold
$956,250
+0.76%

Schools & Community

Neighborhood: 

Corbett-Terwilliger-Lair Hill

Elementary school: 

Capitol Hill

Middle school: 

Jackson

High school: 

Ida B Wells

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

$138,157
Asking price
$975,000
Closing costs (~8% of asking)
-$78,000
Est. remaining loan balance
-$758,843
Cash to seller
$138,157

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

Seller’s Loan History

Lender

Nations Direct Mortgage Llc

Loan start date

February 2024

Original loan amount

$765,000

Est. remaining balance

$758,843

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Erin Mcfadin

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: 11/21/2024 at 5:45 PM

Listing updated: 11/10/2024 at 3:21 PM

Listed by: Erin McFadin, Realty One Group Prestige Phone #: (503) 205-0614

MLS: PortlandOR #24674423

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