10 awful, oddball Portland-area homes get flipped

Can you recognize a house with “good bones” even when it’s buried in debris? Flippers can. They lay down cash for a dwelling deemed unlivable, then remodel, restore and remake it into a property a new buyer will pay a bundle for. Or so they hope.

Check out these before and after photos to see how 10 awful Portland-area homes rose in value when the hammering was done.

 

 

 

 

 

 

 

A deconstructed, single-story 1965 house was deemed “a major fixer” by listing agent Brian Flatt of Legacy Realty Group. The 0.29-acre property at 352 N.E. Enyeart Place in Hillsboro sold for $307,125 in December 2018.

After it was “taken down to studs” and rebuilt, it went put back on the market at $549,900. “Can I just say WOW,” says listing agent Sherry Hawkins of Knipe Realty ERA Powered.

 

 

 

 

 

 

 

A ranch-style house, built in 1960 on a 6,098-square-foot lot in Northeast Portland’s Parkrose neighborhood sold for $150,000 in March 2019.

The structure was described at the time by listing agent  Beth Kellan of Windermere Realty Trust as one that “cannot be financed even with repairs… a very heavy fixer or tear down.”

The remodeled, expanded house at 10908 N.E. Marx St. is now back on the market at $269,999. It has three bedrooms, two bathrooms and 1,209 square feet of living space with hardwood floors and new appliances, says listing agent Chris Wagner of Mal & Seitz.

 

 

 

 

 

 

The tri-level house, built in 1978 on a 10,000-square-foot lot in Sherwood, was for sale as a cash-only transaction since it “not financeable in this condition,” according to listing agents Donald Johnson and Jay Westfall of Premiere Property Group. It sold for $277,000 in November 2018.

Fast forward after a complete remodel of the house with four bedrooms, 2.5 bathrooms and 2,471 square feet of living space: The property on Southwest June Court sold for $430,000 in June 2019 by listing agent Jennifer McNair of All Professionals Real Estate.

 

View the full article here at The Oregonian