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$724,500

Beds
3
sq ft
1,695

2725 SE Stark St, Portland, OR 97214

2725 SE Stark St

Portland, OR 97214

  • 164 days on market
    • Price drop $45,000↓
Classic craftsman home from the late 1800s that was remodeled into a duplex. Main floor unit features 2 bedrooms & 1 bath and the upper unit includes 1 bedroom & 1 bath with wood floors throughout. This property is less than 2 blocks from private school and have several other community amenities just moments away. Please do not disturb the tenants. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196666]

Details

Property type

Est. home value

$619,445

Lot size

4,356 sq ft

Price per sq ft

$428

Year built

1896

Annual property taxes

$4,943.08

Price History

09/21/2024
PortlandOR

PortlandOR #24532735

Price change
$724,500
-5.85%
06/22/2024
PortlandOR

PortlandOR #24532735

Listed
$769,500
06/22/2024
PortlandOR

PortlandOR #24532735

Removed
$769,500

Schools & Community

Neighborhood: 

Buckman

Elementary school: 

Sunnyside Env

Middle school: 

Sunnyside Env

High school: 

Franklin

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

$193,469
Asking price
$724,500
Closing costs (~8% of asking)
-$57,960
Est. remaining loan balance
-$473,071
Cash to seller
$193,469

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

February 2022

Original loan amount

$500,500

Est. remaining balance

$473,071

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Jimmy Chau and Sarah P Chu

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?

Status: Active

Tomo last checked: 10/05/2024 at 11:30 PM

Listing updated: 09/22/2024 at 12:27 AM

Listed by: Greg Whistler, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24532735

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