tomo logo

$424,900

Beds
4
Baths
2.0
sq ft
1,618

16841 SE Franklin St, Portland, OR 97236

16841 SE Franklin St

Portland, OR 97236

  • 38 days on market
    • Price drop $19,000↓
This two-level home is located in the Centennial neighborhood, just a short stroll from Lynchwood Park. The main level boasts genuine oak hardwood floors, a remodeled gourmet kitchen with quartz countertops, custom-built cabinets, stainless steel appliances, and a sliding door open to a spacious backyard.

Details

Property type

Single Family Residence

Est. home value

$458,011

Lot size

7,840 sq ft

Price per sq ft

$263

Year built

1967

Annual property taxes

$5,066.02

Price History

11/04/2024
PortlandOR

PortlandOR #24070325

Price change
$424,900
-4.28%
10/01/2024
PortlandOR

PortlandOR #24070325

Listed
$443,900
+1.84%
09/26/2024
PortlandOR

PortlandOR #24387619

Removed
$435,900

Schools & Community

Neighborhood: 

Centennial

Elementary school: 

Powell Butte

Middle school: 

Centennial

High school: 

Centennial

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

$88,624
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$302,284
Cash to seller
$88,624

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2018

Original loan amount

$341,050

Est. remaining balance

$302,284

Interest rate

4.61%

Loan type

New Conventional, 30 year

Seller

Vitaliy Konkin

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: 11/08/2024 at 5:40 AM

Listing updated: 11/04/2024 at 1:21 PM

Listed by: Lizbeth Hale, Tree City Real Estate Phone #: (503) 757-1869

MLS: PortlandOR #24070325

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