tomo logo

$1,125,000

Beds
5
Baths
4.0
sq ft
4,412

12425 SW 55th Pl, Portland, OR 97219

12425 SW 55th Pl

Portland, OR 97219

  • 9 days on market
Welcome home to this beautifully updated 5-bedroom, 4-bathroom home, perfectly situated in a quiet cul-de-sac near Lake Oswego and PCC. With recent upgrades such as new exterior paint, hardwoods, carpet, surfaces and more, this spacious 4,412 sqft home will not disappoint! The main floor features a versatile open floor plan with vaulted ceilings and abundant natural light. The kitchen features updated stainless steel appliances, countertops, backsplash and hardware and opens perfectly to the family room, nook and spacious outdoor composite deck. Upstairs you will find new wide plank hardwood flooring, three bedrooms including the light and bright primary with gas fireplace, balcony and spacious walk in closet. Downstairs is ideal for entertaining with a large bonus area, multiple bedrooms and abundant storage space. Step outside to a fully fenced private yard with a stunning natural backdrop of trees. Convenient central location with nearby walking path to PCC and modern upgrades such as EV charger, newer HVAC, water filtration and more! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182744]

Details

Property type

Single Family Residence

Est. home value

$973,180

Lot size

0.24 acres

Price per sq ft

$255

Year built

1995

Annual property taxes

$18,922.08

Price History

09/27/2024
PortlandOR

PortlandOR #24516590

Listed
$1,125,000
+42.59%
05/04/2020
PortlandOR

PortlandOR #20305839

Sold
$789,000
+31.94%
05/04/2016
PortlandOR

PortlandOR #15030129

Sold
$598,000

Schools & Community

Neighborhood: 

Far Southwest

Elementary school: 

Markham

Middle school: 

Jackson

High school: 

Ida B Wells

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

$390,229
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$644,771
Cash to seller
$390,229

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

April 2020

Original loan amount

$710,100

Est. remaining balance

$644,771

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Neil Ivey and Laurie Ivey

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: 10/05/2024 at 9:25 PM

Listing updated: 10/04/2024 at 11:09 AM

Listed by: Matthew Tercek, Real Broker Phone #: (503) 360-1640

MLS: PortlandOR #24516590

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