tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,896

832 NE Failing St, Portland, OR 97212

832 NE Failing St

Portland, OR 97212

  • 161 days on market
This property is a true fixer-upper, offering the chance to unleash your creativity and craftsmanship. Whether you're a seasoned investor or a first-time homeowner with a vision, the possibilities are endless. From updating the kitchen and bathrooms to refinishing the floors and adding modern conveniences, this home is a blank canvas waiting to be transformed into a masterpiece. This is a lucrative opportunity for those looking to build equity or customize their dream home. Whether you're planning to renovate and sell or make it your forever home, 832 NE Failing Street offers endless potential and value. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10201325]

Details

Property type

Single Family Residence

Est. home value

$442,553

Property condition

Fixer

Lot size

3,484 sq ft

Price per sq ft

$238

Year built

1909

Annual property taxes

$1,662.25

Price History

09/17/2024
PortlandOR

PortlandOR #24606049

Removed
$450,000
09/16/2024
PortlandOR

PortlandOR #24606049

Listed
$450,000
09/11/2024
PortlandOR

PortlandOR #24606049

Listed
$450,000

Schools & Community

Neighborhood: 

King

Elementary school: 

Sabin

Middle school: 

Harriet Tubman

High school: 

Jefferson

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

$162,217
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$251,783
Cash to seller
$162,217

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

Seller’s Loan History

Lender

Mann Mortgage Llc

Loan start date

June 2019

Original loan amount

$279,000

Est. remaining balance

$251,783

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Joe M Franquero and Catherine Franquero

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?

Similar Homes Nearby

Price drop
PortlandOR
$495,000
3 bd
|
1 ba
|
1,688 sq ft
|
House

5525 NE 12th Ave, Portland, OR 97211

Price drop
PortlandOR
$399,000
3 bd
|
1 ba
|
1,351 sq ft
|
House

546 NE Stanton St, Portland, OR 97212

Price drop
PortlandOR
$485,000
3 bd
|
2 ba
|
1,263 sq ft
|
Townhouse

2424 NE Hancock St, Portland, OR 97212

Status: Active

Tomo last checked: 09/17/2024 at 9:05 PM

Listing updated: 09/17/2024 at 1:20 AM

Listed by: Chris Suarez, Keller Williams Sunset Corridor Phone #: (503) 748-8300

MLS: PortlandOR #24606049

PortlandOR logo

Recently listed in Portland

$739,000|5 bd|3.5 ba|House
$741,990|5 bd|2.5 ba|House
$975,000|4 bd|2.5 ba|House
$2,350,000|4 bd|3.5 ba|House
$739,000|4 bd|1.5 ba|House
$375,000|3 bd|2.0 ba|House
$320,000|2 bd|1.0 ba|House
$479,000|8 bd|3.0 ba|House
$900,000|3 bd|2.0 ba|House