$527,632 EMV

3 Beds   1 Bath   1,194 Sq. Ft.

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Sw Condor Ave
Portland, OR 97239

Status: Inactive
Listing ID: 56776333

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Property Information

  • Bedrooms: 3
  • Bathrooms: 1
  • Living Area Size: 1,194
  • Year Built: 1932
  • Source ID: 21296405
  • Subdivision: PORTLAND HMSTD
  • Trustee Name: JAMES P LAURICK
  • Trustee Address: 2701 NW VAUGHN STREET SUITE 780
  • Trustee City: PORTLAND
  • Trustee State: OR
  • Trustee Zip: 97210
  • Trustee Phone: (503) 224-0055
  • Deed Category: NFS
  • Mortgage Balance: $575,000

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Public Records

  • Bedrooms: 3
  • Baths: 1
  • Full Baths: 1
  • No. of Stories: 1
  • Basement Sqft: 690
  • Parking Sqft: 216
  • Fireplaces: BRICK CHIMNEY
  • Exterior Wall Type: WOOD
  • Foundation Type: CONCRETE
  • Heating Fuel: OIL
  • Heating Type: GRAVITY
  • Roof Material: COMPOSITION
  • Roof Type: GABLE
  • Land Area Sqft: 5,000
  • Year Built: 1932
  • APN: R247712
  • Property Type: Single Family Residence
  • Living Sqft: 1,194
  • Garage: DETACHED
  • Sewer Type: PUBLIC
  • Subdivision: PORTLAND HMSTD


Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.


Auction Information

  • Auction Date: 11-19-2021
  • Auction Time: 01:00 PM
  • Auction Address: 1200 SW 1ST AVENUE
  • Auction City: PORTLAND

    Loan Information

  • 1st Mortgage Date: 12-16-2020
  • Mortgage Balance: $575,000

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Listing History

Start Date End Date Listing Type Bank Name
10/07/21 11/19/21 Preforeclosure L&M Recreation LLC

Portland, OR
Home Inspectors

Walker Inspection Service
Susan Walker
Ideal Property Inspections, LLC
Roland G. Zapata
Associated Master Inspectors LLC
Toby Deming
Tabor Northwest Home Inspections
Zach Cross
House Detective
Karen Krieger

Sw Condor Ave
Portland, OR 97239

3 Beds   1 Bath   1,194 sq. ft.

$527,632 EMV

Status: Inactive Listing ID: 56776333

Property Information

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Public Records

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Property Description

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