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$485,000

Beds
3
Baths
2.5
sq ft
1,586

1022 NE 196th Ave, Portland, OR 97230

1022 NE 196th Ave

Portland, OR 97035

  • 48 days on market
    • Price drop $5,000↓
Discover this beautifully maintained home, featuring a stunning private backyard surrounded by trees, complete with a lovely deck and a hot tub—perfect for relaxing! The primary suite boasts a private balcony for your morning coffee. Recent upgrades include fresh paint, new flooring, and a brand-new water heater. Plus, enjoy the added convenience of an RV parking space! Nestled in a peaceful neighborhood with friendly neighbors, this home is a true gem. Don’t miss your chance to make it yours!"

Details

Property type

Single Family Residence

Est. home value

$443,633

Lot size

7,405 sq ft

Price per sq ft

$306

Year built

1985

Annual property taxes

$3,927.72

Price History

10/09/2024
PortlandOR

PortlandOR #24146810

Price change
$485,000
-1.02%
09/18/2024
PortlandOR

PortlandOR #24146810

Listed
$490,000
+3.81%
02/04/2022
PortlandOR

PortlandOR #21498610

Sold
$472,000

Schools & Community

Elementary school: 

Salish Ponds

Middle school: 

Reynolds

High school: 

Reynolds

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

$69,338
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$376,862
Cash to seller
$69,338

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$400,000

Est. remaining balance

$376,862

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Priscella Kah and Lay Lay Paw

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 5:55 AM

Listing updated: 10/15/2024 at 11:31 AM

Listed by: Shaehler Shee, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 652-1235

MLS: PortlandOR #24146810

PortlandOR logo

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