What's this all about?

This blog is intended as a personal diary of one real estate broker's travels through the latest new residential listings in the city of Portland, OR.

Because the RMLS descriptions are written by the properties' listing agents, they are subjectively written - which is to say as "sunny" as possible - and are meant to showcase the best elements and minimize or even ignore sometimes glaring deficits. In the perpetual quest for the best home for each client, the author personally tours possible matches as they come on the market.

It is true that the best go fastest, so this is an effort to share one objective (and hopefully entertaining!) perspective on some of the latest listings for the benefit of "armchair" potential buyers and sellers in the Portland area.

Enjoy - and please, feel free to comment or even request that a particular listing be toured. If it's located within Portland city limits, I will do my best to see it and post my thoughts. Thanks for reading!

Thursday, January 20, 2011

Three Plots on the Spectrum

Vintage Sweetheart Bungalow 4022 SE 27th Ave $249,900 2BR/1BA - Adorable, largely intact Craftsman bungalow on a surprisingly pleasant block - not a given south of Powell in this area. Super high ceilings add a welcome illusion of spaciousness, topped off by unpainted millwork and a nice “deep” view looking west into the hills around OHSU from the living room. Small, but a nice distribution of space, including a rare 2nd closet in the master and a functional back mudroom cleverly adapted for laundry. Also, there’s a very nice fenced backyard with lovely laurels. Downsides are a stove in a funny, orphaned spot, a would-be-great-potential basement that is unfortunately off the backyard instead of the kitchen. Still, the vibe is a good one, and Hopworks is a joyous 2-3 blocks away. ML# 11238716





Former Vintage Sweetheart 4116 SE 27th Ave $215,000 2BR/1.5BA - What a difference a block can make! A disturbing transition it is, not at all helped by the current state of the interior of this house. From the watch-me-wince wallpaper (in abundance) to the grim choice of “new” cabinetry in the kitchen, this one needs it all. While functional, the oh-so-1960’s bathroom’s fluorescent lighting did a horror-movie flicker that creeped me out. The lower “finished” level smelled dank and felt similarly ghostly. A client in tow didn’t last 30 seconds down there.... sheesh! ML# 10088476




Lordly Ladd’s Foursquare 1563 SE Holly St $570,000 4BR/2BA - Stately, classic home restored to dignity with Caeserstone counters and custom, period-influenced kitchen cabinetry. The only flaw there was the need to punish the fridge with a “Time Out” location in the pantry, wrecking any hope of a working triangle. Beautifully-done baths, they were nevertheless both off the main floor; and I felt like the finishes of the rest of the lower level were substantially, shall we say, undercooked. It did boast a lovely yard and a truly magical original fireplace. ML# 10070460



Tuesday, January 18, 2011

New Listing

Abundant Ardenwald Family Home 

$309,000

ML# 11128183

Well-maintained and upgraded home with many desirable features:

*New or newer windows, plumbing, maple & slate floors, kitchen appliances
*Remodeled master bath
*Oversized lot/yard with 2-car attached garage
*3600+ sq ft
*5+ bed, 3.1 bath
*Quiet street, desirable nabe = perfect for growing family!
<1mi to Sellwood shops
<.5mi to Springwater Corridor bike trails.
*Ardenwald Elementary, Milwaukie High
*One short-sale approved lender, one lien!




Thursday, January 13, 2011

New Year, New Listings!

Waverly Cape Funhouse 3520 SE Kelly St $324,900 4BR/1.5BA - This would be a great deal if the floors in the partly - and otherwise decently - finished basement didn’t look and feel like the aftermath of an earthquake. To say that the concrete floor had buckled would be, well, an understatement.  More surprising was learning that the owners never had it properly evaluated. Too bad, because otherwise the house was sweet and showed well at this price:  4 true BRs above grade, open kitchen, a nice yard, and a desirable neighborhood walkable to all of Clinton/Division. ML# 11344483



Sweet Tea Montavilla Farmhouse 215 NE 79th Ave $264,900 3BR/1.5BA - Although the exterior of this home showed no sign of shining up for market (i.e. dead leaves, dirty porch) and the inside was definitely in need of some de-cluttering, the house was nevertheless charming and the kitchen very pleasant, not fancy but open and inviting. The layout’s only flaw was that the full bath was located off the dining room. Bedrooms were all upstairs; the half-bath was cute but also a tiny closet conversion off the master. The only other bummer was that the basement had an earthen floor covered in a vapor barrier sheeting. Good luck getting much use of that beyond bicycle storage; and there’s no garage to pick up the slack. Still, a solid deal for around $260K. ML# 11462725 






Big Rooms on Belmont 5115 SE Belmont St $519,000 4BR/2BA  - A well-kept home with the necessary window replacements for the busy street, the property had great spaces and was perched up nicely for pleasing views out the kitchen windows. The baths were neutral and updated, the formal rooms quite generous with a fireplace and original buffet. A newer kitchen remodel was a bit on the “budget” side, however, and the backyard almost a postage stamp. To my mind, it’s $30K high. ML# 11316198







Laurelhurst Treasure 3923 SE Ash St $769,900K 3BR/2.5BA - This one lives up to the price every bit, a fact that - at nearly three-quarters of a million bucks - is almost as stunning as the house itself. High ceilings, formal entry, beautiful period kitchen remodel, a large master with closet and shower perfection. And did I mention the lovely, oversized backyard? Perfect for the discerning, well-heeled buyer with no more than one child - otherwise, the basement would need finishing for house guests. ML# 11033344








Monday, January 10, 2011

New Mt. Tabor Listing


Uber-cool, restored 1951 day ranch built for stunning Mt. Hood views from living room, master, & covered balcony. Pristine mahoghany woodwork, custom orig. kitchen cabinetry, newer privacy-enhancing patio landscaping. All updated/upgraded mechanicals. Lower level has 2nd kitchen, bath & 3rd BR w/fireplace currently used as theater room. Main floor laundry, attached dbl.garage.





Please contact Chylese for questions or a viewing @ 503.703.3303 -or- chylese@meadowsgroup.com