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$509,000

Beds
4
Baths
2.0
sq ft
2,322

10907 SE Wood Ave, Portland, OR 97222

10907 SE Wood Ave

Milwaukie, OR 97222

  • 70 days on market
    • Price drop $20,000↓
Charming 4BD/2BA ranch with great opportunities. Upstairs you'll find two recently refreshed bedrooms, a remodeled bathroom, and a remodeled kitchen with brand new appliances. Enjoy lots of light and hardwood floors in the dining room and expansive living room. Downstairs you'll find two more bedrooms, a family room, a full bathroom, an extra room and the utility room. Excellent multi-generational or ADU possibilities here. There is a large detached garage with an extra long driveway in front. Outside features a front yard and a huge backyard with covered patio, garden area, and tool shed. All of this in a quiet neighborhood just a few minutes away from shopping areas, restaurants, and major highways.

Details

Property type

Single Family Residence

Est. home value

$570,097

Lot size

Unknown

Price per sq ft

$220

Year built

1955

Annual property taxes

$5,875.99

Price History

10/16/2024
PortlandOR

PortlandOR #24213597

Listed
$509,000
10/04/2024
PortlandOR

PortlandOR #24213597

Pending
$509,000
10/04/2024
PortlandOR

PortlandOR #24213597

Listed
$509,000

Schools & Community

Neighborhood: 

Hector Campbell

Elementary school: 

Lewelling

Middle school: 

Rowe

High school: 

Milwaukie

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

$127,857
Asking price
$509,000
Closing costs (~8% of asking)
-$40,720
Est. remaining loan balance
-$340,423
Cash to seller
$127,857

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

December 2021

Original loan amount

$363,000

Est. remaining balance

$340,423

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

John J King and Louella Marie Harrison

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 5:40 AM

Listing updated: 10/31/2024 at 6:16 PM

Listed by: Arnie Valdivia, Keller Williams PDX Central Phone #: (503) 548-4848

MLS: PortlandOR #24213597

PortlandOR logo

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