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$395,000

Beds
3
Baths
1.0
sq ft
1,284

12248 SE Market St, Portland, OR 97233

12248 SE Market St

Portland, OR 97233

  • 95 days on market
    • Price drop $4,000↓
Super sweet one-level ranch home lives large! This Mill Park home is light and bright and has the dreamiest backyard. Lovely parquet floors, open rooms, and large kitchen. The outside is an oasis complete with wood-fired sauna, covered hot tub, large covered patio, chicken coop and more! Home has been very well-maintained and is move-in ready. Extended carport perfect for trailer parking! Ask about creative financing/SubTo.

Details

Property type

Single Family Residence

Est. home value

$376,415

Lot size

6,969 sq ft

Price per sq ft

$308

Year built

1951

Annual property taxes

$4,663.84

Price History

10/25/2024
PortlandOR

PortlandOR #24093150

Price change
$395,000
-7.06%
08/17/2024
PortlandOR

PortlandOR #24093150

Price change
$425,000
-5.35%
08/02/2024
PortlandOR

PortlandOR #24093150

Listed
$449,000
+6.9%

Schools & Community

Neighborhood: 

Mill Park

Elementary school: 

Menlo Park

Middle school: 

Floyd Light

High school: 

David Douglas

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

-$3,491
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$366,891
Cash to seller
-$3,491

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

March 2022

Original loan amount

$386,400

Est. remaining balance

$366,891

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Katrina M Doughty

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 5:50 AM

Listing updated: 10/25/2024 at 2:29 PM

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

MLS: PortlandOR #24093150

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