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$485,000

Beds
4
Baths
2.0
sq ft
Unknown

2525 NE 161st Ave, Portland, OR 97230

2525 NE 161st Ave

Portland, OR 97230

  • 25 days on market
    • Price drop $2,000↓
Beautiful resale due to relocation! The owner has made numerous updates, including a new garage door, front door, landscaping, backyard shed, rear porch overhang, complete perimeter fencing, fresh interior paint, new carpets, updated bathrooms, updated kitchen, new lighting, and more. Nestled in a quiet, charming neighborhood, this move-in ready home is a must-see and won’t last long! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10206209]

Details

Property type

Single Family Residence

Est. home value

$433,078

Lot size

8,276 sq ft

Price per sq ft

Unknown

Year built

1986

Annual property taxes

$5,111.82

HOA

No

Price History

02/26/2025
PortlandOR

PortlandOR #549665794

Price change
$485,000
-0.41%
02/19/2025
PortlandOR

PortlandOR #549665794

Pending
$487,000
02/06/2025
PortlandOR

PortlandOR #549665794

Listed
$487,000
+10.68%

Schools & Community

Neighborhood: 

Wilkes

Elementary school: 

Margaret Scott

Middle school: 

H.B. Lee

High school: 

Reynolds

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

$339,907
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$106,293
Cash to seller
$339,907

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

Seller’s Loan History

Lender

Golf Savings Bank

Loan start date

May 2009

Original loan amount

$163,975

Est. remaining balance

$106,293

Interest rate

4.78%

Loan type

FHA, 30 year

Seller

Maria Quevedo

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: 03/03/2025 at 8:10 PM

Listing updated: 03/02/2025 at 10:05 PM

Listed by: Alan Daniels, Works Real Estate Phone #: (503) 714-7053

MLS: PortlandOR #549665794

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