Living Room Realty

Bidding wars in April: Fevered Portland homebuyers pay more than asking price

In Portland's hot real estate market, modest homes are entered in bidding wars. A previous study of 2016 real estate transactions showed that residential properties were going quickly for up to almost double the asking price. A look at 10 homes that sold for so much more than the asking price in January 2017 reflected properties longer on the market. Many February and March sales were equally over the top. Here, we continue our series to document bidding wars each month once information is available from the real estate database Estately. Here's what sold over the asking price in April 2017 including this midcentury modern at 12003 SE Flavel St. in Portland that sold April 28, 2017 for $482,500, 22.2 percent over list (see more photos)

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Allison James Estates & Homes via Estately

Centennial fixer, former drug lab: 42.1 percent over $165,900 asking price

14814 SE Gladstone St. in Portland sold April 27, 2017 for $235,725 after 16 days on the market before an offer was accepted and the sale was pending, according to Estately. The fixer ranch-style house, a former drug lab with a Certificate of Fitness, built in 1963 on a 6,970-square-foot lot in Centennial, has three bedrooms, one bath and 1,008 square feet ($233 a square foot). The listing agent was Kelly Gebler of Allison James Estates & Homes

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Keller Williams-PDX Central via Estately

Arbor Lodge bungalow: 29 percent over $250,000 asking price

7205 N Greenwich Ave. in Portland sold April 7, 2017 for $322,500 after 16 days on the market before an offer was accepted and the sale was pending, according to Estately. The one-level house, built in 1922 on a 4,792-square-foot lot in Arbor Lodge, has two bedrooms, one bath and 794 square feet ($406 a square foot). The listing agent was Mark Charlesworth of Keller Williams-PDX Central

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Century 21 Hart via Estately

Hazelwood bunglow: 28.6 percent over $175,000 asking price

1925 SE 140th Ave. in Portland sold April 7, 2017 for $225,000 after 165 days on the market before an offer was accepted and the sale was pending, according to Estately. The single-story house, built in 1928 on a 6,534-square-foot lot in Hazelwood, has three bedrooms, two baths and 1,377 square feet ($163 a square foot). The listing agent was Judy Andrews of Century 21 Hart

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Keller Williams-PDX Central via Estately

Mt. Scott-Arleta bungalow: 27.7 percent over $274,900 asking price

6245 SE 70th Ave. in Portland sold April 3, 2017 for $351,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The single-level house, built in 1951 on a 4,356-square-foot lot in Mt. Scott-Arleta, has two bedrooms, one bath and 764 square feet ($459 a square foot). The listing agent was Jeff Capen of Keller Williams-PDX Central

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Windermere Stellar via Estately

Woodstock ranch-style house: 26 percent over $449,900 asking price

4025 SE Lexington St. in Portland sold April 24, 2017 for $567,000 after 25 days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level ranch-style house, built in 1949 on a 7,406-square-foot lot in Woodstock, has threebedrooms, one bath and 2,172 square feet ($261 a square foot). The listing agent was Linda Skeele of Windermere Stellar

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Georgetown Realty Inc. via Estately

Lents single-level house: 24.8 percent over $189,950 asking price

8415 SE Bybee Blvd. in Portland sold April 14, 2017 for $237,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The single-level house, built in 1910 on a 5,227-square-foot lot in Lents, has two bedrooms, one bath and 800 square feet ($296 a square foot). The listing agent was Larry Green of Georgetown Realty Inc.

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Real Estate Performance Group via Estately

Mt. Tabor contemporary: 24.2 percent over $979,960 asking price

New construction on 6421 SE Stark St. in Portland sold April 11, 2017 for $1,217,138, according to Estately. The custom, contemporary house, built in 2016 on a 7,505 -square-foot lot in Mt. Tabor, has four bedrooms, 2.5 baths and 3,254 square feet ($374 a square foot). The listing agent was Real Estate Performance Group

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Keller Williams-PDX Central via Estately

Kenton bungalow: 22.4 percent over $424,900 asking price

3154 N Arlington Place in Portland sold April 28, 2017 for $520,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The one-level bungalow, built in 1950 on a 7,405-square-foot lot in Kenton, has three bedrooms, two baths and 2,174 square feet ($239 a square foot). The listing agent was Jeff Capen of Keller Williams-PDX Central

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Living Room Realty

Pleasant Valley midcentury modern: 22.2 percent over $395,000 asking price

12003 SE Flavel St. in Portland sold April 28, 2017 for $482,500 after seven days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level midcentury modern, built in 1956 on a half-acre lot in Pleasant Valley, has three bedrooms, two baths, a Ferris Bueller-like glass garage and 2,124 square feet of living space in the home ($227 a square foot). The listing agent was Lauren Hurley of Living Room Realty (see more photos, read the story).

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20/20 Properties via Estately

Centennial ranch-style house: 21.3 percent over $164,900 asking price

1132 SE 167th Ave. in Portland sold April 12, 2017 for $200,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level ranch-style house, built in 1958 on a 6,970-square-foot lot in Centennial, has three bedrooms, 1.5 baths and 1,900 square feet ($105 a square foot). The listing agent was Roger Erickson of 20/20 Properties

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John L. Scott RE Portland S via Estately

Piedmont Old Portland house: 20.9 percent over $282,900 asking price

26 N Saratoga St. in Portland sold April 21, 2017 for $342,000 after 63 days on the market before an offer was accepted and the sale was pending, according to Estately. The property was listed Jan. 23 for $339,900, with a pending offer accepted 10 days later. The property was relisted March 21 for $339,900, then the price changed the next day at $282,900 (a 16.8 percent decrease). The thee-level Old Portland house, built in 1947 on a 4,792-square-foot lot in Piedmont, has four bedrooms, two baths and 2,720 square feet ($125 a square foot). The listing agent was David Lemen of John L. Scott RE Portland S.

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Farrell And Associates via Estately

Portsmouth bungalow: 20.3 percent over $199,500 asking price

8504 N Fiske Ave. in Portland sold April 5, 2017 for $240,000 after two days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1926 on a 4,792-square-foot lot in Portsmouth, has two bedrooms, one bath and 1,656 square feet ($144 a square foot). The listing agent was Whitney Petersen of Farrell And Associates

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Residential Realty Northwest via Estately

Montavilla house: 20.2 percent over $249,300 asking price

816 NE 91st Ave. in Portland sold April 14, 2017 for $299,700 after two days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level house, built in 1952 on a 4,792-square-foot lot in Montavilla, has two bedrooms, one bath and 816 square feet ($367 a square foot). The listing agent was David Turra of Residential Realty Northwest

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Living Room Realty via Estately

Woodlawn bungalow: 19.2 percent over $369,900 asking price

722 NE Stafford St. in Portland sold April 12, 2017 for $440,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1925 on a 4,792-square-foot lot in Woodlawn, has two bedrooms, one bath and 1,697 square feet ($259 a square foot). The listing agent was Teri Toombs of Living Room Realty

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RE/MAX Equity Group via Estately

King farmhouse: 18.9 percent over $349,000 asking price

4227 NE 6th Ave. in Portland sold April 7, 2017 for $415,000 after eight days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level farmhouse, built in 1890 on a 2,178-square-foot lot in King, has three bedrooms, one bath and 1,344 square feet ($ a square foot). The listing agent was Karoline Ashley of RE/MAX Equity Group

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RE/MAX Equity Group via Estately

Brentwood-Darlington Old Portland house: 18.9 percent over $249,000 asking price

7920 SE Flavel St. in Portland sold April 10, 2017 for $296,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The single-level Old Portland house, built in 1948 on a 5,663-square-foot lot in Brentwood-Darlington, has two bedrooms, one bath and 5,663 square feet ($294 a square foot). The listing agent was Channon Burns of RE/MAX Equity Group

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Keller Williams Realty Professionals via Estately

St. Johns bungalow: 18.7 percent over $315,000 asking price

9452 N Polk Ave. in Portland sold April 13, 2017 for $374,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1923 on a 4,972-square-foot lot in St. Johns, has two bedrooms, one bath and 1,602 square feet ($233 a square foot). The listing agent was Katelin Wille of Keller Williams Realty Professionals

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Pink Dot Properties via Estately

Roseway bungalow: 18.6 percent over $295,000 asking price

3325 NE 77th Ave. in Portland sold April 24, 2017 for $350,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The one-level bungalow, built in 1915 on a 4,792-square-foot lot in Roseway, has one bedroom, one bath and 688 square feet ($508 a square foot). The listing agent was Heidi Torkko of Pink Dot Properties, LLC

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RE/MAX Equity Group via Estately

Foster-Powell house: 18.6 percent over $279,900 asking price

7128 SE Mall St. in Portland sold April 28, 2017 for $332,000 after tw0 days on the market before an offer was accepted and the sale was pending, according to Estately. The one-level house, built in 1959 on a 3,920-square-foot lot in Foster-Powell, has two bedrooms, one bath and 758 square feet ($437 a square foot). The listing agent was Stephanie Wilde of RE/MAX Equity Group

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Think Real Estate via Estately

Sumner bungalow: 18.5 percent over $249,000 asking price

4400 NE 86th Ave. in Portland sold April 20, 2017 for $295,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The single-story bungalow, built in 1926 on a 4,792-square-foot lot in Sumner, has two bedrooms, one bath and 1,728 square feet ($170 a square foot). The listing agent was Winston Murray of Think Real Estate

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Hasson Company via Estately

Concordia house: 18.4 percent over $359,000 asking price

5225 NE 35th Ave. in Portland sold April 11, 2017 for $425,000 after six days on the market before an offer was accepted and the sale was pending, according to Estately. The single-level house, built in 1951 on a 4,792-square-foot lot in Concordia, has two bedrooms, one bath and 844 square feet ($503 a square foot). The listing agent was Myles Faulkner of Hasson Company

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Keller Williams Realty Portland Premiere via Estately

Portsmouth ranch: 18.1 percent over $274,900 asking price

4836 N Houghton St. in Portland sold April 12, 2017 for $324,750 after three days on the market before an offer was accepted and the sale was pending, according to Estately. On May 4, it went back on the market for 1.5 percent less: $319,900. The single-story ranch-style house, built in 1970 on a 4,792-square-foot lot in Portsmouth, has two bedrooms, one bath and 864 square feet ($375 a square foot). The listing agent was Darryl Bodle of Keller Williams Realty Portland Premiere

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Portland Real Estate via Estately

Eastmoreland house: 18.1 percent over $429,500 asking price

7222 SE 36th Ave. in Portland sold April 18, 2017 for $507,250 after 15 days on the market before an offer was accepted and the sale was pending, according to Estately. The three-level English-style house, built in 1927 on a 3,920-square-foot lot in Eastmoreland, has two bedrooms, one bath and 1,757 square feet ($288 a square foot). The listing agent was Jim Peterson of Portland Real Estate LLC

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Paris Group Realty via Estately

Arbor Lodge Old Portland house: 17.6 percent over $425,000 asking price

6105 N Atlantic Ave. in Portland sold April , 2017 for $500,000 after seven days on the market before an offer was accepted and the sale was pending, according to Estately. The three-level Old Portland house, built in 1910 on a 4,792-square-foot lot in Arbor Lodge, has three bedrooms, 1.5 baths and 1,760 square feet ($284 a square foot). The listing agent was Heather Paris of Paris Group Realty LLC

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Cascade Sothebys International Realty via Estately

Hazelwood ranch: 16.7 percent over $239,900 asking price

34 NE 128th Ave. in Portland sold April 28, 2017 for $280,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The single-story, ranch-style house, built in 1951 on a 6,098-square-foot lot in Hazelwood, has three bedrooms, one bath and 1,156 square feet ($242 a square foot). The listing agent was Nick Bodeman of Cascade Sothebys International Realty

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Premiere Property Group via Estately

Madison South house: 16.7 percent over $299,900 asking price

9006 NE Brazee St. in Portland sold April 28, 2017 for $350,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level, traditional house, built in 1948 on a 6.970-square-foot lot in Madison South, has two bedrooms, one bath and 1,708 square feet ($204 a square foot). The listing agent was Jason Preuit of Premiere Property Group, LLC

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Scout Realty Co. via Estately

University Park house: 16.7 percent over $449,000 asking price

7415 N McKenna Ave. in Portland sold April 14, 2017 for $525,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The three-level bungalow, built in 1928 on a 4,792-square-foot lot in University Park, has four bedrooms, 2.5 baths and 2,000 square feet ($262 a square foot). The listing agent was NancyMarie Hendricks of Scout Realty Co.

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Home Team Realty via Estately

Hosford-Abernethy house: 16.4 percent over $599,900 asking price

1961 SE 27th Ave. in Portland sold April24 , 2017 for $698,000 after seven days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1922 on a 4,792-square-foot lot in Hosford-Abernethy, has three bedrooms, two baths and 2,288 square feet ($305 a square foot). The listing agent was Carrie Richardson of Home Team Realty, Inc.

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Keller Williams-PDX Central via Estately

Roseway bungalow: 16.3 percent over $399,900 asking price

4348 NE 78th Ave. in Portland sold April 27, 2017 for $465,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The three-level house, built in 1913 on a 4,792-square-foot lot in Roseway, has three bedrooms, one bath and 2,626 square feet ($177 a square foot). The listing agent was C. Morgan Davis of Keller Williams-PDX Central

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Living Room Realty via Estately

Portsmouth house: 16.1 percent over $279,900 asking price

8969 N Van Houten Ave. in Portland sold April 19, 2017 for $325,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1919 on a 3,920-square-foot lot in Portsmouth, has two bedrooms, one bath and 1,287 square feet ($252 a square foot). The listing agent was Carly Van Aart of Living Room Realty

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Urbane Realty Group via Estately

Boise house: 16 percent over $349,900 asking price

4207 N Kerby Ave. in Portland sold April 21, 2017 for $406,000 after 31 days on the market before an offer was accepted and the sale was pending, according to Estately. The tw-story house, built in 1907 on a 4,792-square-foot lot in Boise, has three bedrooms, one bath and 2,358 square feet ($172 a square foot). The listing agent was Marelle Wallace of Urbane Realty Group

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RE/MAX Equity Group via Estately

Overlook split-level: 15.9 percent over $479,900 asking price

5006 N Denver Ave. in Portland sold April 20, 2017 for $556,000 after five days on the market before an offer was accepted and the sale was pending, according to Estately. The three-story, split-level house, built in 1953 on a 5,227-square-foot lot in Overlook, has three bedrooms, 1.5 baths and 2,322 square feet ($239 a square foot). The listing agent was Jacob York of RE/MAX Equity Group

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Keller Williams Realty Professionals via Estately

Lents bungalow: 15.8 percent over $259,000 asking price

9003 SE Cooper St. in Portland sold April 26, 2017 for $300,000 after four days on the market before an offer was accepted and the sale was pending, according to Estately. The one-story bungalow, built in 1911 on a 6,098-square-foot lot in Lents, has two bedrooms, one bath and 758 square feet ($395 a square foot). The listing agent was Rick Sadle of Keller Williams Realty Professionals

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Think Real Estate via Estately

Woodlawn bungalow: 15.4 percent over $399,900 asking price

1503 NE Holman St. in Portland sold April 14, 2017 for $461,500 after five days on the market before an offer was accepted and the sale was pending, according to Estately. The two-level bungalow, built in 1923 on a 4,356-square-foot lot in Woodlawn, has two bedrooms, one bath and 1,152 square feet ($400 a square foot). The listing agent was Amber Turner of Think Real Estate

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Redfin

Bottom: Sunderland house: 31.4 percent under $299,000 asking price

7300 NE 33rd Dr. in Portland sold April 14, 2017 for $205,000 after three days on the market before an offer was accepted and the sale was pending, according to Estately. The single-level house, built in 1946 on a three-fourth-acre lot in Sunderland, has two bedrooms, one bath and 1,406 square feet ($145 a square foot). The listing agent was Andi Peck of Redfin

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20/20 Properties via Estately

Bidding wars in 2016

Look at residential properties that went for more than their asking price in 2016, including this Centennial ranch house at 14630 SE Caruthers St. in Portland that sold for 92.3 percent over $67,600 asking price.

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Keller Williams-PDX Central via Estately

January 2017 bidding wars

A look at

10 homes that sold for so much more than the asking price in January 2017

reflected properties snapped up for land and location, such as this Kenton bungalow, which sold for 23 percent over its $249,900 asking price. The property at 3610 N Baldwin St. in Portland sold Jan. 13, 2017 for $307,500 after 35 days on the market, according to Estately. The two-level bungalow, built in 1913 on a 3,485-square-foot lot, has one bedroom, one bath and 1,396 square feet ($248 a square foot). The listing agent was Jeff Capen of Keller Williams-PDX Central

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The Agency via Estately

February 2017 bidding wars

See the top homes that sold over their asking price in February 2017, including this Linnton fixer upper at 10060 NW Wilark Ave. in Portland that went for 37.1 percent over its $175,000 asking price.

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Harcourts Real Estate Network Group via Estately

March 2017 bidding wars

See the top 40 homes that sold over their asking price in March 2017, like this non-conforming duplex at 14134 SE Center St. in Portland in Powellhust-Gilbert that went for 66.7 percent over its $150,000 asking price

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