Julie

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Julie,  in 97211
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About Me
Julie owns 100 % Equity at 7111 NE 9th, Portland Oregon 97211.

Huge Kitchen, Sunroom, 4 br, 2 bath,walkout basement with egress, 2 porches impressive architecture...a solid house - where a series of projects will yeild great equity.

Call or email to talk Purchase Terms this high-appreciation VICTORIAN FIXER. Flexible Seller!
Broker's will receive a Courtesy Fee for bringing Buyers who want to buy a Historic Conservation
property under market in WOODLAWN. representation. Those who already own small boring houses
will love this one. It can be a dream house.

Courtesy to Brokers. IF you are a NE Portland Pro who can effectlively market to other Brokers and Investors
specifically for people looking for quality architecture rehab oppportunities...
see details at Zillow and call weekdays to preview the house.

3 levels with high ceilings, loads of storage.
About 840 sq' ft each level. Sun-room.

3 upper Bedrooms have 9' ceilings! Spacious upper bath - has Clawfoot Tub - upstairs.
Antique Pedestal Sink ready to install. Space on the main for a full bath

Great Rm on main - new insul, elecric. Drywall almost done!
Basement Bathroom in process now - MAY 2008.

Wonderful space; light, flow.
Main: exposed 10' ceiling in Great Room with 2 Bay Walls, dimmer, large F/P.
Floors need re-finishing ( recent 5-star PRO bid under $4000. (Old-growth Fir under vinyl)

Front wrap-around front porch - and full back porch - very private.
TLC will return period charm...some materials here.

Great south-facing Sunroom for passive solar space heat - off the kitchen.
Rehang a few doors (they're here)
and choose color and lights, old Chandeliers or Modern?

It's a truly distinctive house. You'll love this:

HUGE kitchen with 26 custom wood cabinets and drawers. Ceiling can gfo to over 10'
5 work areas, space for more than one Frig, to let Housemates help pay a mortgage!
Table space, custom counters, work island, retro white formica & chrome/black trim.
It's just plain Groovy. Just update flooring here, raise the ceiling
and add aeasy-install Tin to the Ceiling for the total WOW effect.

Sunroom to the south, back porch provides shade on the West,
and a view of 4-season fruit, flower, perennial and veggie gardens.

Formal entry, arch and dining room welcomes guests.
Vaulted open stairway, 3 wood windows with storms, and quality origional trim
light the stairs.

GENUINE custom Victorian era building features!

Feature details/needs:
Large Great Room (add master, or keep as front/rear parlour?
...Has NEW Drywall, insul, elec,
6 windows in 2 bay walls! Orig wavy glass, wood/rope/weights in great shape
large wood-burning FP, new grate & screen (your choice of Mantle, Damper or Insert)
(impressive - TALL chimney - in great shape, and has a rain cap)

Add trim; paint. Refinish floors and porches - to bring the house back to WOW status.

IMPRESSIVEly tall, New tear-off ,45-year roof, w/gutters - in 2002 - by Tom Leach Co;
3 new electric lines on updates panel - open spaces for more!
Most of the needed tear-out is already done.

Complete drywall on basement ceiling, upper bedroom/den.
Restore 4" old-growth Fir wood floors up, and this house will shine.
Work is in process, but Seller wants As Is Bids now. Can Carry Financing.

Walk-out Basement: bath w/shower (fixtures, tile here to update)
a cool great room w/2 Bay Walls, brick-arch windows, laundry area,
a workshop, Wine Cellar, and loads of storage!
Basement Rents easily ($475 now - can be more, $750 for a couple)

Magnolia, Apple Trees, cottage garden, Fig, Cherry tree,
raspberries, and showy Sambucas, privacy in back.

It is being prepared for Sale - ready now on an AS IS basis. Cash, Conventional,
Owner Carry, Lease/Option or Rent-to-Own basis - all Ok with reasonable Down..

It is not yet on the MLS - but can be offered to a qualty restorationist/rehabber - at $322,000.
$3K credit for floor refinishing with a 10 percent Down.

1 housemate wants to stay - respectful and quiet -
while you do the series of small Rehab projects.

Do the math - under $130 per sq ft now...a
fter your labor - so much higher! (called _Forced_ Equity Appreciation)
The Square Footage in 97211 makes this a better investment than small Fixers.
See the tiny' turnaround Comps on NE 8th to see the sq footage advantage here.

Make contact ASAP - if interested -
Seller is ready to move.
My Q&A View all >>
Julie's Questions (2)
Julie's Answers (7)
Julie answered:
Thanx eveyrone - I appreciate your helping me mull thru this next investment.
All properties have Pros and Cons. Maybe the economics will work out
to do both in the coming months. You never know! - Mon Feb 18 2008, 15:24

Why are addresses not disclosed in some MLS listings?

Julie answered:
I think others have summarized possible reasons, so I want ot suggest if you are not yet working with a Buyer Broker, and you found a property by Map Search on a Broker site, try the same search - using the same details and Zip Code - on Zillow.com - iinclude ALL HOMES in case the Agent hasn't added a link yet, and you mey well find more info than a Broker may offer (except their TREO report may tell you what is still owed on the property - which can help you determine Seller Flexibility).

After you find the address, use it to also click around PortlandMaps.com - here you can easily see the Permits, Photos, Oil Tanks, near Bus routes, Zoning restrictions, potential Hazards and much more. In this way you can enjoy narrowing your search - before buying gas. I've had Inspections fail to determine serious things. PortlandMaps has recent Tax Info, a better Sales History, and can help you determine what kids of expertise you may need. Professionals and Contractors can walk thru with you on your second look, if desired. Many great properties are passed over for a fairly simple fix item. In reality all properties have SOME issue. Many can be handled before you move in, or help to negotiate on price. Both sites have several kids of photos that can help you see the neighborhood and architecture also...saving you time and gas money. You can email questions to the Agent or Seller directly thru Zillow. Enjoy! - Mon Dec 31 2007, 11:57
Julie answered:
Using Tri Met is MUCH safer than being out o the road, that's for sure,
and MAX is a great way to get to Lloyd Center and downtown from Gresham.
Amny employers (including Lloyd Dist Assn Members) will make the Bus Pass a real bargain,
with amazingly low, reduced rates. Ask about it.

The number 9 bus is also a good way downtown, if you are talking about this neighborhood: http://www.ci.gresham.or.us/departments/ocm/neighborhoods/fu…

Yours seem like long daily commute plans to me however. Have you considered finding a place closer to the central city, to keep it under 30 minutes? There are MANY homes on the market now, and lots of help for first-time home-buyers is available. I like to check the Tri-Met.org web site right away using any address that I am considering. Athttp:// www.PortlandMaps.com you can also click the Transit tab while you are researching public records on the property. There are also some Carpool matching services in the area that might work for you, to save asome money on a quicker commute.

I've used the Bus & Max daily for 15 years, including many time very late at night,
and it has been an excellent choice! Fellow riders are often friendly and helpful,
and drivers will look out for you.

I prefer to buy a house within 6 blocks or so to major Bus stops.
The brisk daily walk is a great way to protect your heart & health.
And using the bus can save you alot of money,
that you can use to pay down your mortgage,
and make your home a safer place.
(Living safely involves many more considerations than crime, to be sure...)

Like in other aspects of life, people who look for trouble - tend to fnd it. Public
Transit is no differnt, really. There are more than 30 Transit Police riding and more being hired.
Just use common sense; bring headphones and a book - and enjoy your music and your commute.

Best to use a Monthly or Annual Pass, instead of fumbling for money in public places.
Carrying a Cell Phone is also a good, Can make you feel safer, allow you to verify arrival times,
and you can use the lit screen to signal a driver on a dark night. - Sat Dec 8 2007, 02:16
Julie answered:
Also check out Skamania County - including Stevenson, Washington.
Just 40 minutes away, and beautiful views all along the drive.

Many of the rural properties have a septic system & well,
so budget for that kind of testing. Stevenson is a charming little town
with some good summer events. Knowing which side of Portland will be your main commute target can make a big difference in this decision. If you'll be working in Beaverton/WA County, consider a property 1/2 wy to the Oregon Coast, or toward the Columbia River. Veronia is a nice little town, with a Friendship Festival in early August. - Sun Dec 2 2007, 21:11
You might look in the Powell Butte area of Southeast Portland. Or Sandy, in rural Clackamas County, Oregon CIty, Mollalla, Estacada, or Canby corridors. All offer real bargains compared to the city.

Possible site in Wine Country communities too, west of Portland...like Newberg or Sherwood, but traffic can be an issue. Beautiful country, here, so if you enjoy that aspect of driving, parhaps choose a country road commute, rather than a freeway? Can you work part-time from a home office?

We have lots of excellent Brokers here who can help you find a place that fits your whole list.
Often a larger property will offer Rental or Lease possibilities to allow you to make a higher offer.
(I'm pretty familiar with the market right now and have seen some great ones recently. Can act as a Finder for you if you, and do research on the properties if prefer to look without a Broker - until you are ready to negotiate & write your Offers. Zillow.com can help you assess some info from Public Records, as canhttp:// www.PortlandMaps.com Trulia's map search function is a good place to start, using the town names I suggested above. Have fun with it - and Good Luck! - Sat Dec 1 2007, 22:07

Are home property tax's in Oregon changed upon sale of property?

Julie answered:
If you notice a possible lot division adjacent to a property you are considering buying - call the County to verify what Taxes will be. A State Law limits the annual increase - but in cases where land is being prepared for development - all adjacent lots can get a _correction_ in land value closer to the current Market Value. http://www.PortlandMaps.com displays a lot of public record data, and you can see current lot lines, and even spot new land divisions that are likely to result in upward tax changes.

Also our Tax Law is due for another adjustment, so things could change. With just 3 votes, City Councils could add a Transfer Tax for certain types of property, lke from sales by Investor Buyers, possibly targeted to help young families become homeowners. Also Voters in most parts of Oregon keep on supporting schools, Parks and Libraries, so Taxes can rise temporarily from a variety of Bond Measures. To balance things, we have no Sales Tax. And you get a LOT of livability for the dollar, here, IMO.

Now is a great time to buy - I encourage you to get busy even if you are not a traditional Candidate for Credit, something can work out for you...and many folks here would love to help make it happen. (I am not a Broker) - Sat Dec 1 2007, 22:22
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