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$529,000

Beds
2
Baths
1.0
sq ft
1,227

8434 SE 17th Ave, Portland, OR 97202

8434 SE 17th Ave

Portland, OR 97202

  • 524 days on market
    • Price drop $70,000↓
Spectacular corner lot, ideal for multifamily development, office or live/work space. The CM2 zoning allows for a wide variety of usages including residential, commercial & office. It is perfect for multifamily development or could be used as a professional space. Blocks away from restaurants, a cafe, a gym, shops, etc. Close to Springwater Corridor and parks.

Details

Property type

Single Family Residence

Est. home value

$573,625

Lot size

4,791 sq ft

Price per sq ft

$432

Year built

1900

Annual property taxes

$4,042.88

Price History

08/20/2024
PortlandOR

PortlandOR #23651756

Removed
$529,000
08/05/2024
PortlandOR

PortlandOR #23651756

Listed
$529,000
05/01/2023
PortlandOR

PortlandOR #23651756

Listed
$529,000

Schools & Community

Neighborhood: 

Sellwood-Moreland

Elementary school: 

Llewellyn

Middle school: 

Sellwood

High school: 

Cleveland

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

$464,701
Asking price
$529,000
Closing costs (~8% of asking)
-$42,320
Est. remaining loan balance
-$21,979
Cash to seller
$464,701

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

Seller’s Loan History

Lender

Klamath First Fsla

Loan start date

March 1999

Original loan amount

$73,000

Est. remaining balance

$21,979

Interest rate

6.74%

Loan type

Not Provided, 30 year

Seller

Clyde V Brummel and Clyde V Brummel Trust

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: 10/05/2024 at 7:00 PM

Listing updated: 09/13/2024 at 2:34 AM

Listed by: Jeffrey Clair, All Professionals Real Estate Phone #: (503) 259-2100

MLS: PortlandOR #23651756

PortlandOR logo

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