tomo logo

$3,500,000

Beds
3
Baths
2.0
sq ft
2,596

7077 SE 190th Dr, Gresham, OR 97080

7077 SE 190th Dr

Gresham, OR 97080

  • 383 days on market
Discover the immense potential of this 3.47-acre corner lot, where the true value lies within the land. Situated on a level terrain, this property boasts an HDR-PV zoning, allowing for a variety of possibilities. Whether you envision attached housing, duplexes, senior housing with SUR, live-work arrangements, residential facilities, or other potential uses with SUR (Special Use Review), the city has confirmed that 80-130 units could be permitted depending on your plan. As the buyer, you have the opportunity to conduct your own due diligence and explore the full potential of this prime piece of land. Currently tenant-occupied, this property offers both immediate income potential and long-term possibilities. Don't miss out on this remarkable opportunity to shape the future of this dynamic property through your own vision and development.

Details

Property type

Single Family Residence

Est. home value

$3,475,678

Lot size

3.47 acres

Price per sq ft

$1,349

Year built

1910

Annual property taxes

$7,029.59

Price History

09/22/2024
PortlandOR

PortlandOR #23234790

Removed
$3,500,000
08/07/2024
PortlandOR

PortlandOR #23234790

Listed
$3,500,000
08/05/2024
PortlandOR

PortlandOR #23234790

Removed
$3,500,000

Schools & Community

Neighborhood: 

Pleasant Valley

Elementary school: 

Butler Creek

Middle school: 

Centennial

High school: 

Centennial

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Great Wstrn Mtg

Loan start date

July 1995

Original loan amount

$149,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

Not Provided, 30 year

Seller

Abel H Canales and Alberta Canales

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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18485 SE Foster Rd, Damascus, OR 97089

Status: Active

Tomo last checked: 11/04/2024 at 12:50 PM

Listing updated: 09/22/2024 at 1:47 PM

Listed by: Nancy Kelly, Harcourts Real Estate Network Group Phone #: (503) 344-4554

MLS: PortlandOR #23234790

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