tomo logo

$649,575

Beds
5
Baths
3.5
sq ft
3,125

16544 SE Dagmar Rd, Portland, OR 97267

16544 SE Dagmar Rd

Milwaukie, OR 97267

  • 122 days on market
    • Price drop $15,425↓
BOM, no fault of seller. All repairs completed and appraisal came in over list price at $658. Instant equity. Move in ready. Fabulous remodel has brought this mid-century gem back to life! Gorgeous woodwork on the ceilings! 2 units! All new main floor kitchen, new baths throughout, new garage doors, new roof/gutters, new interior/ext paint, all new crawl space insulation, mold remediation and new vapor barrier. Loads of flexibility for multi-generational, rent the ADU to offset your mortgage or rent both units as an investor duplex. City of Milwaukie allows AirBnbs. STR/MTR/LTR. Buyers to do all your own due diligence regarding rentals. Previously used for multi-generational living, no financials. Unit 1 is 3/2.5 with a 2 car garage. Main level full bed and all new bath with Walk In Closet and 2 lower level bedrooms. Rentometer Market rent is $2559. Unit 2 features private side entrance with walking path, full kitchen, 2 bed/1 bath with on street parking in front of the property. Family room and dining area, plus set up for stackable w/d. $1867 Rentometer avg market rent. Huge yard, full of possibilities. NO HOA. Great Milwaukie location in a quiet neighborhood. Easy access to shopping at Clackamas Town Center, restaurants and I-205. NOTE: Projected rents are for long term rents. Unrepresented Buyers welcome. Our agents work for the seller and are there to give you access during the open house. No sign at property.

Details

Property type

Single Family Residence

Est. home value

$456,546

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$208

Year built

1961

Annual property taxes

$6,348.08

Price History

12/18/2024
PortlandOR

PortlandOR #24185790

Listed
$649,575
11/06/2024
PortlandOR

PortlandOR #24185790

Pending
$649,575
10/26/2024
PortlandOR

PortlandOR #24185790

Removed
$649,575

Schools & Community

Elementary school: 

John Wetten

Middle school: 

Kraxberger

High school: 

Gladstone

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rain City Capital Of Oregon Llc

Loan start date

October 2023

Original loan amount

$437,750

Est. remaining balance

Not provided

Interest rate

7.12%

Loan type

Closed-end Mortgage, 1 year

Seller

Lj Industries Llc

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: 12/22/2024 at 1:45 PM

Listing updated: 12/19/2024 at 9:12 PM

Listed by: Kelly Asmus, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 907-2280

MLS: PortlandOR #24185790

PortlandOR logo

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