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$465,000

Beds
3
Baths
1.5
sq ft
2,310

10018 NE Prescott St, Portland, OR 97220

10018 NE Prescott St

Portland, OR 97220

  • 60 days on market
    • Price drop $10,000↓
This charming 1940s ranch-style home is situated in the sought-after Maywood Park neighborhood. It boasts 4 bedrooms, 2 baths, hardwood floors, Corian-like countertops, and a cozy wood-burning fireplace. A spacious utility room with a partially finished second bath offers great potential for customization. The home provides flexible living options, including a large lower-level family room and a bonus room that can serve as an extra bedroom or office.Outside, enjoy your own private, park-like backyard featuring a lovely gazebo—ideal for outdoor entertaining or serene relaxation. Despite the peaceful setting, you’re only minutes from downtown Portland, with convenient access to freeways, shopping, dining, and public transportation.This home strikes the perfect balance between vintage charm and modern comfort. Don’t miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$480,198

Lot size

7,840 sq ft

Price per sq ft

$202

Year built

1941

Annual property taxes

$3,958.39

Price History

10/04/2024
PortlandOR

PortlandOR #24392321

Price change
$465,000
-2.11%
09/06/2024
PortlandOR

PortlandOR #24392321

Listed
$475,000
+30.14%
03/22/2019
PortlandOR

PortlandOR #19245179

Sold
$365,000

Schools & Community

Elementary school: 

Prescott

Middle school: 

Parkrose

High school: 

Parkrose

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$117,763
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$310,037
Cash to seller
$117,763

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

January 2021

Original loan amount

$338,900

Est. remaining balance

$310,037

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Cullen M Drain and Megan C Drain

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 3:10 PM

Listing updated: 10/20/2024 at 10:18 AM

Listed by: Trisha Dirks, John L. Scott Portland Central Phone #: (503) 230-8600

MLS: PortlandOR #24392321

PortlandOR logo

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