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$1,622,087Estimated home value

Beds
7
Baths
5.0
sq ft
6,001

7380 SW Norwood Rd, Tualatin, OR 97062

7380 SW Norwood Rd

Tualatin, OR 97062

  • Sold On 10/1/2024
    • Price drop $410,400↓
Seller to credit buyer $10,000 at closing towards rate buy down or closing costs. Nestled on a serene and secluded 5-acre parcel, this property offers effortless proximity to PDX, Lake Oswego, West Linn, and Wilsonville. The 6000 sq. ft. home underwent a comprehensive renovation in 2020. The modern kitchen is adorned with Thomasville cabinets, quartz countertops, and stainless steel appliances, while the primary bedroom boasts a lavish ensuite bathroom and expansive walk-in closets. The lower level is a haven for entertainment, featuring a wet bar, game room, and a cozy family room with a fireplace. Additionally, a library/music room, home gym, and media room infuse the property with a luxurious yet welcoming ambiance, or as a potential B-n-B. With four attached garages and additional living quarters with a separate entrance, flexibility is paramount. The historic barn and three garages offer ample space for at-home businesses or hobbies. The property benefits from a deep aquifer well, providing high-quality, delicious water, and is in a forest tax deferral-AFS Agricultural & Forest District. Fully fenced and boasting a potential spot for a swimming pool, the property also features a stamped concrete front porch extending the length of the home, exuding charm and character. With newer carpet and luxury vinyl plank flooring, accessibility is enhanced, while easy access to major highways, Meridian Park Hospital, and local amenities ensures convenience. A long driveway leads to the home and outbuildings, ensuring coveted privacy and tranquility. Seller financing offered for one year with large down.

Details

Property type

Single Family Residence

Est. home value

$1,622,087

Property condition

Updated/Remodeled

Lot size

5.0 acres

Price per sq ft

$264

Year built

1964

Annual property taxes

$9,772.31

Price History

10/01/2024
PortlandOR

PortlandOR #22072154

Sold
$1,526,000
-3.39%
08/27/2024
PortlandOR

PortlandOR #22072154

Pending
$1,579,500
08/15/2024
PortlandOR

PortlandOR #22072154

Price change
$1,579,500
-1.25%

Schools & Community

Elementary school: 

Hawks View

Middle school: 

Sherwood

High school: 

Sherwood

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

Columbia State Bank

Loan start date

October 2014

Original loan amount

$579,900

Est. remaining balance

Not provided

Interest rate

3.12%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

John Hutchinson and Virginia L Lenneville

Lender

West Coast Bank

Loan start date

June 2009

Original loan amount

$160,000

Est. remaining balance

Not provided

Interest rate

4.9%

Loan type

Commercial, 10 year

Seller

John Hutchinson and Virginia L Lenneville

Lender

Greenpoint Mtg Funding Inc

Loan start date

April 2001

Original loan amount

$269,050

Est. remaining balance

Not provided

Interest rate

6.87%

Loan type

Not Provided, 30 year

Seller

John Hutchinson and Virginia L Lenneville

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: Off Market

Tomo last checked: 10/05/2024 at 6:45 PM

Listing updated: 10/02/2024 at 2:14 AM

Listed by: Lisa Balmes PC, Chris Balmes Properties LLC Phone #: (503) 427-0372

MLS: PortlandOR #22072154

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