tomo logo

$649,000

Beds
4
Baths
1.5
sq ft
2,132

725 Portland Ave, Gladstone, OR 97027

725 Portland Ave

Gladstone, OR 97027

  • 61 days on market
    • Price drop $50,000↓
Stunning building frontage/rare gem in the sought after area in the heart of Gladstone. Zoned C-2 allowing for Commercial, Residential or mixed-use - Residential/Commercial. Opportunity for you to live on-site and have your business or use space as your home. Large front room/entry, four office/bedroom spaces, kitchen, dining area with built-ins, two bathrooms, conference room (family room), storage/file room. Extra-large lot with plenty of parking. Property is on two lots (ADU possibility). Buyer to do own due diligence. Business sign included. Many possibilities. Sold As/Is - Do not disturb current tenants. Shown by appointment only and Motivated.

Details

Property type

Single Family Residence

Est. home value

$561,172

Lot size

Unknown

Price per sq ft

$305

Year built

1948

Annual property taxes

$6,172.12

Price History

09/01/2024
PortlandOR

PortlandOR #24272522

Removed
$649,000
08/30/2024
PortlandOR

PortlandOR #24272522

Listed
$649,000
08/30/2024
PortlandOR

PortlandOR #24272522

Price change
$649,000
-7.15%

Schools & Community

Elementary school: 

John Wetten

Middle school: 

Kraxberger

High school: 

Gladstone

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

Tritalent Funding Group Inc

Loan start date

December 2023

Original loan amount

$350,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial, 1 year

Seller

Jon S Henricksen Pc

Lender

Mbank

Loan start date

May 2007

Original loan amount

$319,000

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Commercial, 10 year

Seller

Jon S Henricksen Pc

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: 09/13/2024 at 8:15 AM

Listing updated: 09/04/2024 at 11:54 AM

Listed by: Tammy Townsend, Stellar Realty Northwest Phone #: (503) 265-8153

MLS: PortlandOR #24272522

PortlandOR logo

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