tomo logo

$1,125,000

Beds
4
Baths
3.0
sq ft
Unknown

12522 SW 123rd Ave, Portland, OR 97223

12522 SW 123rd Ave

Tigard, OR 97223

  • 12 days on market
LAKEFRONT GEM! Tigard’s Best-Kept Secret. Discover the joy of lakeside living w/this remarkable property, perfectly crafted for those who appreciate serene natural beauty and modern comfort. This thoughtfully designed daylight-style home features modern-inspired architecture w/3 bedrooms & 2 baths on the main lvl. The primary suite offers an updated bath w/side-by-side spa shower & heated bathroom flrs. The open-concept kitchen, dining, & family rm extend seamlessly to a spacious deck offering breathtaking lake views. No detail has been overlooked, from custom flooring and intricate tile patterns to cleverly hidden closets w/bookshelf doors & custom doors w/concealed hinges. The kitchen is a chef’s dream, boasting custom cabinetry, high-end appliances, a full-sized refrigerator & freezer, a beer tap, and an under-island brewing storage area that can easily convert to wine storage. The lower level offers a versatile living space, including a laundry/mudroom & a generous family room that opens onto a covered patio, yard, and private dock. A 1-bedroom, 1-bath suite is also located here, ideal for multi-gen living or ADU. Features a full living-Bonus or add. 5th bdrm, dining area, a kitchenette (convertible to a full kitchen), and private access while maintaining an internal connection to the main home. Meticulously updated w/modern systems, including HVAC, electrical, plumbing, energy-efficient windows, & a durable metal roof. It also features smart lights & blinds, and a Level II EV charger. Picture yourself sipping coffee in the morning as ducklings paddle by, Great Blue Herons wading in the shallows, or watching Ospreys gracefully dive. Enjoy paddleboarding, floating on warm summer days, or tending to raised garden beds. The custom, drought-tolerant landscaping is designed to enhancing the eco-friendly charm of this home. A unique community with shared ownership of a two-acre recreational area, offering a rare combination of water and access to nature!

Details

Property type

Single Family Residence

Est. home value

$1,302,851

Property condition

Updated/Remodeled

Lot size

9,583 sq ft

Price per sq ft

Unknown

Year built

1977

Annual property taxes

$9,332.26

Monthly HOA fee

$62.5

Price History

01/09/2025
PortlandOR

PortlandOR #738041818

Listed
$1,125,000
-5.86%
05/10/2024
PortlandOR

PortlandOR #23290844

Removed
$1,195,000
02/29/2024
PortlandOR

PortlandOR #23290844

Price change
$1,195,000
-9.81%

Schools & Community

Elementary school: 

Mary Woodward

Middle school: 

Fowler

High school: 

Tigard

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

$649,064
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$385,936
Cash to seller
$649,064

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

Seller’s Loan History

Lender

Onpoint Community Cu

Loan start date

May 2019

Original loan amount

$431,100

Est. remaining balance

$385,936

Interest rate

4.31%

Loan type

New Conventional, 30 year

Seller

Matthew Rodger and Molly Barbara Mcgowan

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: 01/21/2025 at 10:50 PM

Listing updated: 01/16/2025 at 7:27 PM

Listed by: Michelle Spanu, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #738041818

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