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$390,000

Beds
3
Baths
1.0
sq ft
Unknown

734 NE 120th Ave, Portland, OR 97220

734 NE 120th Ave

Portland, OR 97220

  • <1 day on market
    • Open house Apr 05
Charming starter home nestled on a peaceful cul-de-sac, just a short walk to local coffee shop, restaurants and minimart.Situated on a spacious lot, this home features numerous updates, including metal roof, brand-new windows, an upgraded electrical panel, an energy-efficient furnace, refinish hardwood floor and new interior/exterior paint. The durable metal roof ensures long-lasting protection, while the recently remodeled bathroom and kitchen with stainless steel appliances add a fresh, contemporary touch.Step outside to the patio and enjoy the large private fenced yard where you can have an urban farm or build an ADU and plenty of space to park your RVShed is included as additional storage and there is also a second storage space accessible from the side of the house.A great opportunity for first-time buyers.

Details

Property type

Single Family Residence

Est. home value

$361,927

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$3,552.92

HOA

No

Price History

04/03/2025
PortlandOR

PortlandOR #799330171

Listed
$390,000
+65.96%
11/08/2019
PortlandOR

PortlandOR #19507084

Sold
$235,000

Schools & Community

Neighborhood: 

Hazelwood

Elementary school: 

Ventura Park

Middle school: 

Floyd Light

High school: 

David Douglas

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

$157,950
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$200,850
Cash to seller
$157,950

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

September 2020

Original loan amount

$223,500

Est. remaining balance

$200,850

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Geritt Vassar Shipley

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?

Status: Active

Tomo last checked: 04/04/2025 at 4:30 AM

Listing updated: 04/03/2025 at 8:16 AM

Listed by: Moonaya Moonaya, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #799330171

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