Long before the coronavirus pandemic crushed the economy and slowed real estate sales, some high-priced residential properties were lingering on the market.
Asking prices were dropped and negotiations took place to close the deal. Here are examples:
$350,000 price drop in Forest Park: 621 N.W. Skyline Blvd. in Portland sold for $850,000 on Feb. 28, 2020, a reduction of $350,000 since being listed for $1.2 million on April 24, 2018, according to public records.
The house with sweeping valley and coast range views was built in 1989 on 1.94 acres and has three bedrooms, three bathrooms and 3,473 square feet of living space. The gated driveway leads to a five-car garage, greenhouse, gazebo, tool building and raised garden beds and in-ground sprinklers.
“Possible apartment with kitchen and separate entry in lower level with unbelievable storage and/or shop potential” said listing agent Don Jones with Casey Jones of John L. Scott. See active listings
$234,000 price drop in Forest Park: 2524 N.W. Skyline Blvd. in Portland sold for $1,465,000 on March 25, 2020, a reduction of $234,000 since being listed for $1,699,000 on June 24, 2019 (It was listed at $1.9 million on July 30, 2018).
The French Country-style house, built in 1995 on 1.22 acres, has a real concrete stucco exterior and real stucco interior walls plus three fireplaces. French doors, balconies, three bedrooms, four bathrooms and 4,625 square feet of living space.
Among the landscaped grounds are a saltwater pool, sauna and hot tub.
“Quality construction throughout. Zinc windowsills and thresholds,” said listing agent Mary Ann McDowell with Darrin Amico of Hasson Company. See active listings
$200,000 price drop in Portland Heights: 3510 S.W. Sherwood Place in Portland sold for $1.35 million on April 16, 2020, a reduction of $200,000 since being listed for $1.55 million on July 19, 2019.
The custom home was built in 1962 on 1.03 acres and designed to frame city, river and mountain views over Marquam Park and have direct access to trails and OHSU. The house has four bedrooms, 3.5 bathrooms and 4,383 square feet of living space.
There is a fenced yard and deep, two-car garage.
“Designed for privacy by the father of Pacific Northwest architecture John Storrs. A recent remodel kept the original design integrity intact. Updates include a luxury master suite, complete kitchen and all bathrooms. Nearly every surface has been thoughtfully recreated,” said listing agent Dennis Laird of Windermere Realty Trust. See active listings
$195,000 price drop in Forest Park: 13731 N.W. Glendoveer Dr. in Portland sold for $1 million on April 15, 2020, a reduction of $195,000 since being listed for $1,195,000 on April 6, 2019.
The Craftsman house with a wraparound porch was built in 1999 on 1.02 acres and was showcased in NW Natural’s Street of Dreams.
The custom luxury home has four bedrooms, 3.5 bathrooms, a bonus room and 4,876 square feet of living space.
“There’s a double staircase, crown moldings and wainscoting, and refinished hardwoods,” said listing agent Don Jones with Casey Jones of John L. Scott. See active listings
$100,000 price drop in Sauvie Island: 13810 N.W. Charlton Road in Portland sold for $1,050,000 on April 15, 2020, a reduction of $100,000 since being listed for $1,150,000 on Feb. 20, 2020.
The custom house, built in 2002 on 2.11 acres, has three bedrooms, two bathrooms, an indoor sauna and 2,176 square feet of living space.
There is a covered outdoor patio with a wood-burning pizza oven and a three-bay, 30x50 shop.
“Completely designed and reimagined by award-winning Olson Design Build at the end of Charlton Road, making it extremely private,” said listing agent Matt Mahaffy of Windermere Realty Trust. See active listings
$75,000 price drop in Corbett: 48000 E. Larch Mountain Road in the Larch Mountain Corridor sold for $850,000 on Feb. 13, 2020, a reduction of $75,000 since being listed for $925,000 on May 30, 2019.
The two-level, traditional-style house, built in 1995 on 13.58 acres, has five bedrooms, 3.5 bathrooms and 4,021 square feet of living space.
A gate opens to a blacktop driveway. There is extensive decking plus outbuildings, including a 3,600-square-foot shop and 1,200-square-foot tractor barn.
“Get away from it all. Experience nature at its finest. Amazing opportunity to raise your family and animals on extremely quiet and private acreage in a low wind area in the Corbett School District,” said listing agent Michelle Smith of RE/MAX Equity Group. See active listings
--Janet Eastman | 503-294-4072
jeastman@oregonian.com | @janeteastman
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