Check Availability
$700,000
House - For Sale

3400 SW SHERWOOD PL

Portland, OR 97239
bedrooms
Studio
bathrooms
3.5 Baths, 1 Half Bath
square feet
4637 Sqft
$4,663
Estimated Monthly
$0
HOA / Fees
2.49%
Cap Rate

About This Property

SPECTACULAR VIEW OVERLOOKING park & city! Situated on TWO LOTS adjacent to Marquam Nature Park and BEAUTIFUL SW HILLS TRAILS. This diamond in the rough has AMAZING MAIN FLOOR LIVING with large rooms and plenty of light filled windows! Three bedrooms plus office. Downstairs could be separate living, short-term rental, or use as one large home. OVERSIZED GARAGE has tons of storage. Enjoy the EXPANSIVE DECKS while admiring nature! Truly AMAZING LOCATION with deer walking by on a regular basis. Contact your agent for additional details regarding this sale.  This is a short sale and has deferred maintenance, a $30,000 foundation bid, and $45,000 of out of pocket buyer expenses in addition to sale price.  BUT, it's by far the best deal in neighborhood even considering that!!!  There was a 2023 as-is appraisal done for $860,000 that took into account the foundation work needed.

The manager has listed the unit size as 4637 square feet.
Unit Size
4,637Ft²
Days on Market
118 days
Land Size
0.38 acres
Price per sqft
$151
Property Type
House
Property Taxes
$1,225
HOA Dues
-
Year Built
1962
Listed By
Last updated: 3 months ago (RMLSOR #24639955)

Price History

Date / Event Date Event Price
Jan 5, 2024 Listed by RE/MAX equity group $700,000
Listed by RE/MAX equity group
Nov 14, 2023 No longer available -
No longer available
Aug 12, 2023 Price Increased $775,000
↑ $25K (3.3%)
Price Increased
Jul 20, 2023 Price Decreased $750,000
↓ $25K (3.2%)
Price Decreased
May 5, 2023 Price Decreased $775,000
↓ $85K (9.9%)
Price Decreased
Show More

Property Highlights

Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Cedar Siding

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 4
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 2,202
  • Garage Square Area: 879
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 10,000
  • Total Building Area: 5,458
  • Gross Building Area: 5,458
  • Building Area: 4,579
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,579
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: PANORAMA
  • Land Acres: 0.23
  • Legal Description 1: PANORAMA, INC PT VAC ALLEY LOT 5 EXC N 75

Ownership

  • Current Owner : GROSS ERIK D
  • Current Owner 2: GROSS CHERIE
  • Previous Owner : LOVE ROLLIN G
  • Previous Owner 2: LOVE JUDITH A
  • Owner Before Previous Owner: SLOAN DONALD C
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown
  • Vacant Flag: unknown
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Portland School District 1J
  • Census Tract: 005800

Zoning

  • Zoning: R7

Geography

  • Account Number: R642250140
  • Parcel: R233356
  • Lot: 5
  • Meridian: SEC 09 TWN 01S RNG 01E
  • Latitude: 45.4984
  • Longitude: -122.698

    Address

  • Full Address: 3400 Sw Sherwood Pl
  • Address - House Number: 3400
  • Street Direction: SW
  • Address - Street Name: Sherwood
  • Address - Suffix Type: Pl
  • State: OR
  • City Name: Portland
  • Carrier Code: C023
  • 4-Digit Zip Code: 1462
  • Zip Code: 97239

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $14,703
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.1507
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 81
  • Final Value: 901,832
  • High Value: 1,037,782
  • Low Value: 765,882

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $679,882
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 06, 2019
  • First Open Lien Mortgage Loan Amount: $679,882
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2050

    Market Valuation

  • Market Total Value: $775,000
  • Market Land Value: $365,000
  • Market Improvement Value: $410,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $775,000
  • Assessed Land Value: $365,000
  • Assessed Improvements Value: $410,000

    Sales

  • Current Sale Contract Date: Mar 25, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11591946355
  • Current Sale Price: $710,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2019-030605
  • Previous Sale Recording Date: Aug 11, 1998
  • Previous Sale Contract Date: Aug 07, 1998
  • Previous Sale Amount: $382,500
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: NATIONS DIRECT MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $663,390
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Apr 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Aug 11, 1998
  • Previous Mortgage Loan Amount: $140,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: unknown
  • Previous Mortgage Loan Due Date: Sep 01, 2018

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,293 ft²
$463/ft²
$599,000 Oct 11, 2023
-
$526/mo
House
4 Beds
2.5 Baths
2,783 ft²
$251/ft²
$699,000 Aug 17, 2023
-
$1,226/mo
Condo
2 Beds
2 Baths
1,667 ft²
$417/ft²
$695,000 Aug 18, 2023
-
$1,300/mo

About Southwest Hills


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Frequently Asked Questions

When was property at 3400 Southwest Sherwood Place built and last sold?
The property at 3400 Southwest Sherwood Place was built in 1962 and last sold on Mar 25, 2019 for $710,000.
How much is this home worth?
The estimated value of the home located at 3400 Southwest Sherwood Place is $776,177.
What are some comparable homes to 3400 Southwest Sherwood Place?
Homes that are comparable to 3400 Southwest Sherwood Place include a house property at 3505 Southwest Marquam Hill Road, 2712 Southwest Patton Road, 1837 Southwest Elm Street.

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