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$399,900

Beds
2
Baths
1.0
sq ft
Unknown

829 NE 107th Ave, Portland, OR 97220

829 NE 107th Ave

Portland, OR 97220

  • <1 day on market
Uncover the Potential in a Prime Location! Situated in a well-established and desirable neighborhood, this expansive 12,740 sq ft lot offers endless possibilities. The original home has been taken down to the studs, paving the way for a fresh start—whether you're planning a stunning custom rebuild or exploring development opportunities.Included with an accepted offer are plans for a thoughtfully designed 3-bedroom, 2.5-bath home with an additional 2-bedroom ADU (Accessory Dwelling Unit). Buyers should conduct their due diligence to ensure plans meet current municipal codes.The in-ground swimming pool has been resurfaced and is ready for summer fun—a large investment already made for you! The property also offers ample R/V parking and is conveniently located by shopping centers and major freeways for easy commuting.This property is sold as-is, providing a unique chance to craft your vision from the ground up. Don't miss out on this rare opportunity—explore the potential today!

Details

Property type

Single Family Residence

Est. home value

$433,667

Property condition

Fixer

Lot size

0.29 acres

Price per sq ft

Unknown

Year built

1927

Annual property taxes

$4,854.99

HOA

No

Price History

04/04/2025
PortlandOR

PortlandOR #257049863

Listed
$399,900
+8.08%
04/15/2021
PortlandOR

PortlandOR #21237991

Sold
$370,000
+48%
11/01/2018
PortlandOR

PortlandOR #18343345

Sold
$250,000

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

$111,949
Asking price
$399,900
Closing costs (~8% of asking)
-$31,992
Est. remaining loan balance
-$255,959
Cash to seller
$111,949

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$280,000

Est. remaining balance

$255,959

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Stephen Kenneth Wilmot and Joan C Wilmot

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 9:05 PM

Listing updated: 04/04/2025 at 12:21 PM

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

MLS: PortlandOR #257049863

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