tomo logo

$425,000

Beds
3
Baths
1.0
sq ft
1,526

711 SE 5th St, Gresham, OR 97080

711 SE 5th St

Gresham, OR 97080

  • 52 days on market
    • Price drop $14,900↓
Introducing this delightful cottage that has been completely remodeled from the studs up! Step inside and enjoy a fresh, modern interior featuring brand new plumbing, electrical systems, mini-splits for efficient climate control, stylish paint, beautiful flooring, and energy-efficient windows throughout.Key Features:2 Spacious Bedrooms: Located conveniently on the main level, perfect for easy living.Full Bathroom: Just steps away from the bedrooms for added convenience. Enjoy a cozy 3rd bedroom above the garage, offering extra privacy.Bonus Space: Steep stairs lead to a finished area above the main house—ideal for storage or a fun playroom (not included in the square footage).Outdoor Enjoyment: A flat, mostly fenced yard provides plenty of space for gardening, pets, or outdoor activities.Parking and Workshop: Includes a 1-car garage with additional workshop space in the back, plus a carport for extra convenience. There are 2 lots of record, a lot line adjustment necessary to divide and build OR the side yard would make an excellent place to put a large shop or ADU. This charming cottage is perfect for first-time homebuyers or anyone looking to downsize into a comfortable, move-in-ready home. Don’t miss out on this amazing opportunity to own a beautifully updated space in a lovely neighborhood!

Details

Property type

Single Family Residence

Est. home value

$302,046

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$279

Year built

1949

Annual property taxes

$3,490.65

Price History

11/08/2024
PortlandOR

PortlandOR #24191960

Price change
$425,000
-3.39%
10/08/2024
PortlandOR

PortlandOR #24191960

Price change
$439,900
-4.35%
10/07/2024
PortlandOR

PortlandOR #24191960

Removed
$459,900

Schools & Community

Neighborhood: 

Historic Southeast

Elementary school: 

East Gresham

Middle school: 

Dexter McCarty

High school: 

Gresham

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

Kruwis Holdings Llc

Loan start date

December 2023

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

7.5%

Loan type

Purchase Money Mortgage, 1 year

Seller

Scott Dinsdale

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: 11/09/2024 at 8:25 AM

Listing updated: 11/08/2024 at 3:11 PM

Listed by: Merilee Lloyd, Mal & Seitz Phone #: (503) 722-7000

MLS: PortlandOR #24191960

PortlandOR logo

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