tomo logo

$1,250,000

Beds
4
Baths
3.0
sq ft
3,370

7855 SE 16th Ave, Portland, OR 97202

7855 SE 16th Ave

Portland, OR 97202

  • 56 days on market
    • Price drop $50,000↓
This sensational Sellwood Craftsman Bungalow has everything you would want in a home and more. Tastefully updated, yet keeping with the charm and character of a 1905 home. This flexible floor plan offers living options with a full bedroom and bath on the main level. The upper level primary suite has a spa like bath with heated floors and walk in shower. The kitchen was fully remodeled in 2018 and includes a gas stove and oven. The full basement includes a family room, a bedroom with heated cork floors, a full bath, laundry room, an exercise room and storage. A new furnace was installed in 2020 and a new hot water heater in 2019. Custom double hung wood windows were installed through out the home. Fir floors on the main level of the home, reminds you of years gone by. The fully fenced private backyard with covered deck is great for year round entertaining. For the avid gardener, there are raised garden beds and a convenient tool and garden shed. Or just sit on the front porch swing and relax and watch the world go by. This is truly a very special home in the heart of Sellwood, you won't want to miss! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10191814]

Details

Property type

Single Family Residence

Est. home value

$1,089,978

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$371

Year built

1905

Annual property taxes

$10,750.31

Price History

10/30/2024
PortlandOR

PortlandOR #24106040

Listed
$1,250,000
10/30/2024
PortlandOR

PortlandOR #24106040

Removed
$1,250,000
10/17/2024
PortlandOR

PortlandOR #24106040

Price change
$1,250,000
-3.85%

Schools & Community

Neighborhood: 

Sellwood-Moreland

Elementary school: 

Llewellyn

Middle school: 

Sellwood

High school: 

Cleveland

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

First Technology Federal Cu

Loan start date

February 2023

Original loan amount

$170,800

Est. remaining balance

Not provided

Interest rate

6.27%

Loan type

Credit Line (Revolving), 25 year

Seller

Kevin M Shields and Rebecca A Shields

Lender

Key Bank Na

Loan start date

June 2022

Original loan amount

$800,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Credit Line (Revolving), 30 year

Seller

Kevin Shields and Rebecca A Shields

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: 11/21/2024 at 5:00 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Linda Cohn, Coldwell Banker Bain Phone #: (503) 224-7325

MLS: PortlandOR #24106040

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