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$449,900

Beds
3
Baths
1.0
sq ft
Unknown

12603 NE Russell St, Portland, OR 97230

12603 NE Russell St

Portland, OR 97230

  • 6 days on market
Welcome to this light-filled, 3-bedroom home in the heart of the Russell neighborhood. Step inside and experience the spacious open floor plan, featuring oak hardwood floors and an updated kitchen with modern fixtures that seamlessly flows into the dining and living areas. The sunken family room is a cozy retreat, with high ceilings and charming fireplace. Down the hall, you’ll find the bedrooms and an updated bathroom. The roomy utility/mud room offers extra storage and comes complete with a washer and dryer for added convenience. Outside, the fully fenced yard has a private feel, featuring a spacious covered patio, room for gardening, and a handy tool shed. The long driveway provides plenty of parking, with space for a boat or RV. This unbeatable location offers quick access to Hwy 205 and I-84, making it a breeze to head into town or escape to the Gorge. Don’t miss your chance to see this fantastic home! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199445]

Details

Property type

Single Family Residence

Est. home value

$419,590

Lot size

8,712 sq ft

Price per sq ft

Unknown

Year built

1955

Annual property taxes

$5,050.16

HOA

No

Price History

03/26/2025
PortlandOR

PortlandOR #492514478

Listed
$449,900
-2.2%
03/24/2022
PortlandOR

PortlandOR #22066104

Sold
$460,000
+90.48%
07/05/2019
PortlandOR

PortlandOR #19620945

Sold
$241,500

Schools & Community

Neighborhood: 

Russell

Elementary school: 

Russell

Middle school: 

Parkrose

High school: 

Parkrose

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

$2,765
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$411,143
Cash to seller
$2,765

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

March 2022

Original loan amount

$437,000

Est. remaining balance

$411,143

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Melissa Ozmore

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?

Status: Active

Tomo last checked: 04/01/2025 at 3:20 PM

Listing updated: 03/31/2025 at 1:04 PM

Listed by: Amy Walsh, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #492514478

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