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$440,000

Beds
3
Baths
1.0
sq ft
1,076

12915 NE Multnomah St, Portland, OR 97230

12915 NE Multnomah St

Portland, OR 97230

  • 53 days on market
    • Price drop $10,000↓
Come take a tour of this quiet manicured city retreat on an oversized lot....nestled on 5.7 Acre park. A huge master Bedroom, refinished hardwood floors, spacious remodeled kitchen and updated bathroom add to the light filled interior. Seller offering a credit for a new Tough Shed + Credit for Buyer's closing costs. Additional updates within the last 2 years include a new roof, all windows, interior and exterior paint and new carpeting in the main bedroom. This home offers a peaceful atmosphere with its dead end street location. After your tour take a stroll around the 1/4 mile walking path in the park and check out the play equipment up at the South end along with the 3 block long dog park on the north end. This neighborhood park is not well known so provides a peaceful atmosphere in and around its borders. This pocket of homes has a friendly community feel and includes many residents attending 2 neighborhood parties a year! Within 4 blocks is a 240 acre park offering golf, a 2 mile nature trail and a fun brewery to visit for a great happy hour after your workout! Multiple shopping & other dining choices are also nearby with an easy commute to trendy commercial strips and freeway entrances. Previously rented for $2295/month. Seller is a licensed Oregon real estate Broker. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10200040]

Details

Property type

Single Family Residence

Est. home value

$368,387

Property condition

Updated/Remodeled

Lot size

7,840 sq ft

Price per sq ft

$409

Year built

1952

Annual property taxes

$3,572.31

Price History

10/12/2024
PortlandOR

PortlandOR #24002327

Price change
$440,000
-2.22%
09/22/2024
PortlandOR

PortlandOR #24002327

Price change
$450,000
-2.17%
09/13/2024
PortlandOR

PortlandOR #24002327

Listed
$460,000
+45.52%

Schools & Community

Neighborhood: 

Hazelwood

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

$97,210
Asking price
$440,000
Closing costs (~8% of asking)
-$35,200
Est. remaining loan balance
-$307,590
Cash to seller
$97,210

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

May 2022

Original loan amount

$320,000

Est. remaining balance

$307,590

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Vicky Turel and Vicky Turel Living Trust

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 6:55 AM

Listing updated: 11/01/2024 at 9:41 AM

Listed by: Vicky Turel, RE/MAX Equity Group Phone #: (503) 287-8989

MLS: PortlandOR #24002327

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