WALKTHROUGH CANCELLED!! THIS DEAL IS CANCELLED. Title found another $30k in loans AND won’t insure title without another $35k of loans being paid at closing… rendering this deal dead for any investor.
SUBJECT TO ALERT! OWN THIS UPSCALE HOUSE FOR ONLY $49k DOWN!
WALKTHROUGH THURSDAY 01/15 /2026 FROM 3 PM – 4 PM ONLY. DO NOT ARRIVE EARLY.
14799 SE 130TH Dr, Clackamas OR 97015
How often do you find an opportunity to step into equity in an upscale neighborhood for $50k?. Plus, Houses DO NOT last long when listed on the market here! Located near Clackamas Highschool, this home has 4 bedrooms and 3 bathrooms, is 1,900 sq ft and in great shape. The furnace is good, the Water Heater is good, the Roof and gutters are brand new. This is a rare opportunity to add a home that is almost certain to appreciate in the coming years without having to touch a bank, apply for a loan, pay huge loan fees, or deal with the common hurdles from lenders. The existing financing stays in place, so you’re be picking up a deal with ease. You’ll only need to bring your down payment and your rehab funds if you plan on updating the house.
That’s not all. This property comps out at $550,000 – $580,000, so you’ll be picking up instant equity upon purchase. The HOA is $200 per YEAR, so you won’t have a problem with monthly fees. There’s very little work needed on this house, we’d recommend painting and carpeting.
The home has a 2 car garage, along with a large backyard and the neighborhood is upper middle class to upper class. Clackamas Highschool is also around the corner.
1ST MORTGAGE SUBJECT TO DETAILS:
Existing 30 Year PITI: $2,779.23
Interest Rate: 2.875%
Down Payment: $20k
Remaining Principal Balance: $402k
Reinstatement Amount: $14,085.72
Balloon: No
2ND MORTGAGE SUBJECT TO DETAILS (NOT A HELOC!)
Existing Monthly Payment: $394.84
Remaining Principal Balance: Approximately $35k
**Does not need to be paid off at closing**
Each party to pay for their own standard title and escrow fees at closing which is currently scheduled for on or before 02/20/2026. Transaction coordinator fee applies to each purchase. This property will be vacant at closing.
**We will obtain updated photos shortly. Appointment was literally Friday night so we haven’t had time to grab updated photos in the daylight. House is the same as the photos except 7 years of normal wear and tear and a new roof and gutters**
WALKTHROUGH WEDNESDAY 01/15/2026 FROM 3 PM – 4 PM ONLY! DO NOT ARRIVE EARLY.