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Property Q&A in Damascus : Real Estate Advice

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Activity 5
Tue Oct 7, 2014
MOMEN ELGOHARY asked:
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This question was asked from this property: http://www.trulia.com/rental/3169195721-3214-SE-174th-Ave-1-Portland-OR-97236#rateReview
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Tue Oct 8, 2013
Tom Inglesby answered:
These sellers were dreamers listed for $995,000 in 2009 and then they dropped to $799,000 in 2011 and $724,000 in 2012. I can send you a comps in 2 minutes of values that are a lot less. There are some homes in that area are still off close to 30% of what they sold for in 2007. This area is 20+ miles from Portland and a long commute. It is hard to get acreage inside 20 miles to Portland but eastside is a lot less than westside. Send me an email if you want more information. Thanks Tom Inglesby, Broker, RE/MAX equity group ... more
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Wed Jun 29, 2011
Tom Inglesby answered:
Tanya, I'm am not sure how you got to this listing since it sold last year, but it does show a transfer in March for $7000. This was bank owned and it sold for more than list price. It sold in 2000 for $417 again in 2004 for $468,500 and we are down below 2004 prices if you watch the news right now. It is a great time to buy with rates in the mid 4%. The large piece of ground is what is hard to find with a good house on it and that is why there were multiple offers last year in this lower price range. Tanya there are 15 homes for sale in Damascus on 1-2 acres right now between $39,000-$539,000 and some much newer at the same price as this one. Call or email me if you would like further information. Thanks, Tom Inglesby, RE/MAX Broker ... more
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Mon Apr 25, 2011
Tom Inglesby answered:
Craigs list is good like Dave said and Trulia also has rentals but only 2 show up right now in Damascus. You might call some rental property managers out in that area. Good Luck.

Tom Inglesby. Broker
RE/MAX Equity Group
... more
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Wed May 13, 2009
HLR answered:
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