Business & Investment

New list: Cedarmill’s stately colonial home

Working with repeat clients is always a pleasure!

I helped the client buy the last home in 2016. They are approaching the five-year capital gains exemption standard (which is at the bottom if you are interested) and have determined that it is the best time to sell. Check out their lovely colonial style homes with all the modern features!

When you enter, the west facing house is in the sun. Your eyes will soon be drawn to the arches of the family room and the ceiling of the cove. The main floor is bright and spacious, with an open concept kitchen, casual dining and living room, with plenty of space to enjoy all year round. The kitchen has an eat-in breakfast bar and a casual dining area. The dining area flows into the living room with a cozy gas fireplace and access to a private outdoor deck. In preparation for selling the house, the owner updated the main floor to a beautiful hardwood floor.

On the second floor there are 3 bedrooms and a loft office space. The primary bedroom has two walk-in closets and a private bathroom. The primary bathroom has a large rain shower, a double sink vanity and a deep soaking tub. The backyard is completely surrounded by a fire pit and a large deck.

Michael and April, thank you for trusting me another Home transaction! I can’t wait to finish this and settle down in my new home. Thank you for your trust!

Oregon Duty Free: Capital Gains

Capital gains tax exemptions for Oregon homes have changed in the last few years. If you’re considering selling your home, stick to it. Certain state and federal income taxes may be exempt. If you have lived at home for at least two of the last five years, you may be exempt from capital gains of up to $ 250,000 ($ 500,000 for couples) for a home sale. In short, your profits include the original closing price of your home and the value of the improvements made while you own the home minus the selling price. After selling your home, profits of less than $ 250,000 as a single owner or less than $ 500,000 as a couple are exempt from capital gains tax.

Talk to a tax expert or Reach out I have a question!

List details:

Street address: 1370 NW 88th Ave

Listing price: $ 599,900

bedroom: 3

Bathroom: 2.5

Square Ft: 2128

RMLS: # 21226074

Marissa Sainz

Earth Advantage Broker

Whether you want to live in a fashionable Pearl District condo or in a unique Eastside bungalow, I can help you find the perfect home. The Pearl District and its surroundings are exciting and evolving areas where I concentrate my business. In the changing world of real estate, where location is very important to homebuyers, it’s important to work with local experts. We all want to live near a local grocery store and within walking distance of our favorite coffee spots, restaurants and parks. If you’re a first-time homebuyer looking for the perfect starter home, or moving to suit your family and lifestyle changes, I’ll tell buyers and sellers every step in the process I’m here to guide you. Marissa majored in real estate at the University of Texas at Austin and earned a degree in finance. Prior to coming to Portland’s residential real estate, Marissa worked for both national and local commercial real estate companies. Around the town, Marissa is involved in the Women’s Branch of Insurance and Financial Services in Portland and the REALTORS® Women’s Council.

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New list: Cedarmill’s stately colonial home New list: Cedarmill’s stately colonial home

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