tomo logo

$1,900,000

Beds
3
Baths
2.0
sq ft
1,755

9270 SW Edgewood St, Portland, OR 97223

9270 SW Edgewood St

Portland, OR 97223

  • 8 days on market
NO SIGN ON PROPERTY, DO NOT WALK PROPERTY WITHOUT PERMISSION AND DO NOT DISTURB TENANT.Value is in the land + entitlements. Property has approval for the development of a 20-unit cottage cluster development from the City of Tigard. Peaceful setting, walkable to mass transit, access to commercial services and solid proximity to employment centers. Includes all third party work completed to date, including; architectural, civil engineering, geotechnical engineering, electrical engineering, arborist reports, and traffic analysis completed to date. Perfect project for build to rent or build for sale product. Competitive 2-Bed, 1.5-Bath floorplans at roughly 1,100 sq.ft. per cottage. Land Use Approval Available for Review, Contact Selling Agent for Documents.

Details

Property type

Single Family Residence

Est. home value

$745,616

Lot size

1.16 acres

Price per sq ft

$1,083

Year built

1930

Annual property taxes

$4,151.07

Price History

07/07/2024
PortlandOR

PortlandOR #24598602

Removed
$1,900,000
07/01/2024
PortlandOR

PortlandOR #24598602

Listed
$1,900,000
06/30/2024
PortlandOR

PortlandOR #24598602

Listed
$1,900,000
+152.32%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Templeton

Middle school: 

Twality

High school: 

Tigard

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

$1,168,072
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$579,928
Cash to seller
$1,168,072

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

May 2022

Original loan amount

$600,000

Est. remaining balance

$579,928

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Jason Snider and Jodi Snider

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: 07/07/2024 at 5:55 PM

Listing updated: 07/07/2024 at 1:48 AM

Listed by: Ross Masters, Where, Inc Phone #: (503) 222-4373

MLS: PortlandOR #24598602

PortlandOR logo

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