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$531,719Estimated home value

Beds
4
Baths
1.0
sq ft
2,413

2405 SE Courtney Ave, Portland, OR 97222

2405 SE Courtney Ave

Milwaukie, OR 97222

  • Sold On 11/5/2024
    • Price drop $14,900↓
Timeless Victorian home with historic charm on a large, 0.37 acre fenced lot. The wrap around front porch and mature landscaping greets you from the driveway. Main level features dining room with shuttered windows overlooking the front of the house. Oversized living room with wood burning fireplace with period details, built ins, large storage closet, and french doors out to the wrap around front porch. Original hardwood flooring throughout. Primary on the main along with 2 other flex spaces - additional bedrooms, playroom, office, etc. Upstairs you will find 3 large rooms with cozy, coved ceilings and original hardwoods. See attached floorplan. Private lot, shaded by mature trees with many gardening opportunities. Attached one car garage. Electrical panel was updated this year, along with new vapor barrier in the crawlspace. New roof in 2012. BOM no fault of home & no inspections done.

Details

Property type

Single Family Residence

Est. home value

$531,719

Lot size

0.37 acres

Price per sq ft

$201

Year built

1910

Annual property taxes

$4,783.71

Price History

11/04/2024
PortlandOR

PortlandOR #24194060

Sold
$400,000
-17.53%
10/12/2024
PortlandOR

PortlandOR #24194060

Pending
$485,000
10/05/2024
PortlandOR

PortlandOR #24194060

Price change
$485,000
-2.98%

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

$130,284
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$315,916
Cash to seller
$130,284

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

December 2022

Original loan amount

$322,000

Est. remaining balance

$315,916

Interest rate

7.08%

Loan type

New Conventional, 30 year

Seller

Mahri Clare Morrow and Matthew Edward Barrer

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: Off Market

Tomo last checked: 11/08/2024 at 2:25 AM

Listing updated: 11/05/2024 at 12:10 PM

Listed by: Meagan Fogle, Keller Williams Realty Portland Elite Phone #: (503) 744-0000

MLS: PortlandOR #24194060

PortlandOR logo

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