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$390,000

Beds
3
Baths
2.0
sq ft
2,056

8031 NE Glisan St, Portland, OR 97213

8031 NE Glisan St

Portland, OR 97213

  • 292 days on market
    • Price drop $40,000↓
Charming 3-bedroom bungalow nestled in the sought-after Montavilla neighborhood. Boasting a classic vintage appeal, this home features one bedroom on the main floor and two additional bedrooms upstairs, providing ample space and flexibility. An unfinished basement with a separate entry offers potential for additional living space or storage. Outside, the backyard beckons with a deck, perfect for outdoor gatherings or relaxation. Conveniently located just a short stroll from Montavilla Park, residents can enjoy the lush greenery and recreational amenities nearby. Positioned within a Commercial Employment zone, this property presents an exciting opportunity for mixed-use retail, office, and residential purposes (buyer to verify with the City of Portland). Commuters will appreciate the easy access to major thoroughfares including I-205 and I-84, ensuring seamless connectivity to destinations across the city and beyond. Embrace the quintessential charm of Montavilla living with this delightful bungalow as your new home. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10225637]

Details

Property type

Single Family Residence

Est. home value

$492,217

Lot size

3,049 sq ft

Price per sq ft

$190

Year built

1907

Annual property taxes

$4,369.9

Price History

12/13/2024
PortlandOR

PortlandOR #24143249

Price change
$390,000
-9.3%
09/06/2024
PortlandOR

PortlandOR #24143249

Price change
$430,000
-4.23%
05/17/2024
PortlandOR

PortlandOR #24143249

Removed
$449,000

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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

$205,316
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$153,484
Cash to seller
$205,316

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

Seller’s Loan History

Lender

Countrywide Home Loans Inc

Loan start date

July 2007

Original loan amount

$185,600

Est. remaining balance

$153,484

Interest rate

6.37%

Loan type

Not Provided, 40 year

Seller

Ngoclong Bui Dam

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: 12/22/2024 at 7:00 AM

Listing updated: 12/13/2024 at 6:08 AM

Listed by: Macky Keopaseuth, RE/MAX Advantage Group Phone #: (503) 855-3298

MLS: PortlandOR #24143249

PortlandOR logo

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