tomo logo

$625,000

Beds
4
Baths
1.0
sq ft
3,013

1980 SW 71st Ave, Portland, OR 97225

1980 SW 71st Ave

Portland, OR 97225

  • 271 days on market
    • Price drop $24,000↓
Amazing price improvement. Welcome to this charming 4-bedroom home nestled in the highly sought-after Bridlemile school district. Located on an expansive 17,000+ square foot lot, this property boasts an absolutely amazing location.The house spans three levels and features original hardwood flooring that adds warmth and character to every room. As you step inside, you'll be captivated by the personality and charm that this home exudes. With 2 wood-burning fireplaces, you can cozy up on chilly evenings, and the large windows flood the interior with natural light, creating a warm and inviting atmosphere.One of the bedrooms is non-conforming, offering versatility for your unique needs. Situated on a peaceful dead-end street, this residence provides a serene and tranquil setting, perfect for enjoying the beautiful surroundings.This property is a true gem in a coveted school district, offering an exceptional blend of space, character, and location.

Details

Property type

Single Family Residence

Est. home value

$731,979

Lot size

0.4 acres

Price per sq ft

$208

Year built

1953

Annual property taxes

$7,482.37

Price History

06/08/2024
PortlandOR

PortlandOR #23225926

Listed
$625,000
06/07/2024
PortlandOR

PortlandOR #23225926

Removed
$625,000
05/31/2024
PortlandOR

PortlandOR #23225926

Price change
$625,000
-3.7%

Schools & Community

Neighborhood: 

West Slope

Elementary school: 

Bridlemile

Middle school: 

West Sylvan

High school: 

Lincoln

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

$288,299
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$286,701
Cash to seller
$288,299

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2013

Original loan amount

$385,000

Est. remaining balance

$286,701

Interest rate

3.42%

Loan type

New Conventional, 30 year

Seller

Jordan M Dominic

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 3:35 PM

Listing updated: 07/07/2024 at 2:19 AM

Listed by: Julie Yunger, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #23225926

PortlandOR logo

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