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$466,838Estimated home value

Beds
2
Baths
1.0
sq ft
970

2850 SW Miles St, Portland, OR 97219

2850 SW Miles St

Portland, OR 97219

  • Sold On 8/2/2022
    • Price drop $14,000↓
Vintage 1920's cottage in the heart of Multnomah Village. New roof & new sewer. This home has a wonderful floorplan, beautiful fir flooring, a quaint dining room with era-style built-ins, and a charming backyard is an orchard. The backyard is a gardener's paradise! Excellent location only 2 blocks to shops, restaurants, parks, and cafes. Terrific location, great sized lot, and minutes to Downtown PDX. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10199213]

Details

Property type

Single Family Residence

Est. home value

$466,838

Lot size

9,583 sq ft

Price per sq ft

$500

Year built

1925

Annual property taxes

$4,835.88

Price History

11/16/2024
PortlandOR

PortlandOR #24648456

Removed
$530,000
10/10/2024
PortlandOR

PortlandOR #24648456

Listed
$530,000
-3.55%
09/20/2024
PortlandOR

PortlandOR #24520007

Removed
$549,500

Schools & Community

Neighborhood: 

Multnomah

Elementary school: 

Maplewood

Middle school: 

Robert Gray

High school: 

Ida B Wells

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

$58,140
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$388,060
Cash to seller
$58,140

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

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

May 2022

Original loan amount

$406,000

Est. remaining balance

$388,060

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Candace Albornoz

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: 11/21/2024 at 11:35 PM

Listing updated: 08/02/2022 at 3:21 AM

Listed by: Kathleen MacNaughton, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #22279464

PortlandOR logo

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