tomo logo

$724,900

Beds
4
Baths
2.0
sq ft
1,656

15120 SE Fairoaks Ave, Portland, OR 97267

15120 SE Fairoaks Ave

Milwaukie, OR 97267

  • 25 days on market
    • Price drop $9,100↓
Discover serene living close to the city in this beautifully remodeled one-level home on a peaceful .27-acre lot in Oak Grove. This 4-bedroom, 2-bathroom home features new Australian knotty Cypress hardwood floors, fresh paint inside and out, and a spacious vaulted great room with nature views from every window. The versatile 4th bedroom can serve as an office or formal living room. Significant improvements include a remodeled bathroom, updated fireplace, new lighting, new stainless kitchen appliances, new hardwood floors, custom doors, and a modern garage door. Outdoor living includes a precious view from the expansive deck with a covered area, all overlooking the creek, trees, and year-round natural interest. The front yard has a flower and vegetable-filled garden with a slate patio seating area, perfect for enjoying the vibrant colors and bounty of the season. Low maintenance front and side gardens with drip irrigation throughout. The side yard includes a fenced space for pets or chickens, complete with a coop. Extra space for RV or boat parking next to the driveway. Located just blocks from the neighborhood boat launch on the Willamette River and 17 minutes from downtown Portland, this home offers the perfect blend of natural beauty and modern convenience.

Details

Property type

Single Family Residence

Est. home value

$572,891

Property condition

Updated/Remodeled

Lot size

0.27 acres

Price per sq ft

$438

Year built

1977

Annual property taxes

$5,191.67

Price History

07/05/2024
PortlandOR

PortlandOR #24532317

Price change
$724,900
-1.24%
06/13/2024
PortlandOR

PortlandOR #24532317

Listed
$734,000
+35.93%
06/23/2021
PortlandOR

PortlandOR #21323474

Sold
$540,000

Schools & Community

Elementary school: 

Oak Grove

Middle school: 

Alder Creek

High school: 

Putnam

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

$560,127
Asking price
$724,900
Closing costs (~8% of asking)
-$57,992
Est. remaining loan balance
-$106,781
Cash to seller
$560,127

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

Seller’s Loan History

Lender

Mann Mortgage Llc

Loan start date

June 2021

Original loan amount

$114,200

Est. remaining balance

$106,781

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Danna Marie Dresmal

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: 07/07/2024 at 5:10 PM

Listing updated: 07/07/2024 at 11:33 AM

Listed by: Kim Campbell, Soldera Properties, Inc Phone #: (503) 334-1515

MLS: PortlandOR #24532317

PortlandOR logo

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