tomo logo

$1,500,000

Beds
4
Baths
2.0
sq ft
Unknown

9715 NE Glisan St, Portland, OR 97220

9715 NE Glisan St

Portland, OR 97220

  • 68 days on market
Builder and developer investment alert! Property is in quite an opportunity zone. Value in the land. RX zone is a high-density multi-dwelling zone that allows the greatest intensity of development scale in the residential zones. The zone is applied within Portland's most intensely urban areas, specifically the Central City and the Gateway Regional Center. Allowed housing development is characterized by large buildings with a very high percentage of building coverage. The major types of new housing development will be mid-rise and high-rise multi-dwelling structures, often with allowed retail, institutional, or other service-oriented uses. Development is intended to be pedestrian oriented, with buildings that contribute to an urban environment with a strong street edge of buildings located close to sidewalks. The Design overlay zone is applied to this zone. Excellent transit score 71. Very walkable score 76, Biker's paradise score 95! Some photos taken prior to tenant living in home. Tenants in property now. Do not disturb. HES score 2. https://rpt.greenbuildingregistry.com/hes/OR10200583.pdf

Details

Property type

Single Family Residence

Est. home value

$1,713,881

Lot size

0.3 acres

Price per sq ft

Unknown

Year built

1930

Annual property taxes

$4,127.96

HOA

No

Price History

11/29/2024
PortlandOR

PortlandOR #24096742

Listed
$1,500,000
04/01/2024
PortlandOR

PortlandOR #23071958

Removed
$1,500,000
07/05/2023
PortlandOR

PortlandOR #23071958

Listed
$1,500,000

Schools & Community

Neighborhood: 

Hazelwood

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

$1,281,438
Asking price
$1,500,000
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$98,562
Cash to seller
$1,281,438

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

Seller’s Loan History

Lender

Nationstar Mortgage Llc

Loan start date

January 2014

Original loan amount

$176,000

Est. remaining balance

$98,562

Interest rate

4.46%

Loan type

New Conventional, 20 year

Seller

Tomas P Griessmann

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: 02/05/2025 at 12:05 PM

Listing updated: 01/05/2025 at 7:01 PM

Listed by: Janice Lundy, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 668-8050

MLS: PortlandOR #24096742

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