tomo logo

$530,000

Beds
2
Baths
1.0
sq ft
970

2850 SW Miles St, Portland, OR 97219

2850 SW Miles St

Portland, OR 97219

  • 26 days on market
Surrounded by an incredible front and back garden within 5 minute walking distance of Multnomah Village, this sweet 1925 cottage has been thoughtfully upgraded and cared for, and is ready for a new owner to cherish! On nearly 1/4 acre, fully fenced with fruiting apple & cherry trees, blueberries and raspberries, this 2 bedroom, 1 bath home has a recently replaced roof, recently replaced internal and external electrical panels, freshly painted, with updated fixtures and hardware throughout. Lovely built-ins and original floors add character. Lower level daylight basement is a great bonus room for a variety of things. Lush established plantings and pathways lead to a large deck to enjoy a fire or BBQ. The ample back corner of the yard could be perfect for an ADU or office (permissions to be sought by the new owner). The external attached shed fits all of your gardening tools. Beautiful Rock Garden with Trillium. Very friendly neighborhood with long-term residents, locally arranged events like the pumpkin roll and hill sledding, and great neighbors to lend a hand or a tool when you need it! Walking distance to the Multnomah Arts Center, restaurants, shops, coffee shops and more! 1/2 block walk to 44 bus line, close to freeways, Gabriel Park, dog parks, and OHSU

Details

Property type

Single Family Residence

Est. home value

$466,838

Property condition

Updated/Remodeled

Lot size

9,583 sq ft

Price per sq ft

$547

Year built

1925

Annual property taxes

$5,481.12

Price History

10/10/2024
PortlandOR

PortlandOR #24648456

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

PortlandOR #24520007

Removed
$549,500
08/15/2024
PortlandOR

PortlandOR #24520007

Listed
$549,500
+8.28%

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

$99,540
Asking price
$530,000
Closing costs (~8% of asking)
-$42,400
Est. remaining loan balance
-$388,060
Cash to seller
$99,540

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?

Similar Homes Nearby

Price drop
PortlandOR
$499,000
2 bd
|
1 ba
|
1,020 sq ft
|
House

7224 SW 33rd Ave, Portland, OR 97219

Price drop
PortlandOR
$490,000
2 bd
|
1 ba
|
768 sq ft
|
House

8554 SW 9th Ave, Portland, OR 97219

Price drop
PortlandOR
$489,900
2 bd
|
1 ba
|
1,082 sq ft
|
House

7623 SW 49th Ave, Portland, OR 97219

Status: Active

Tomo last checked: 11/05/2024 at 2:55 AM

Listing updated: 10/16/2024 at 5:33 AM

Listed by: Helen Hoyt, Portland Creative Realtors Phone #: (503) 998-4429

MLS: PortlandOR #24648456

PortlandOR logo

Recently listed in Portland

$445,000|2 bd|1.0 ba|House
$399,900|3 bd|1.0 ba|House
$965,000|5 bd|3.0 ba|House
$650,000|2 bd|2.0 ba|House
$350,000|4 bd|2.0 ba|House
$380,000|3 bd|1.5 ba|House
$449,900|3 bd|1.5 ba|House
$550,000|3 bd|2.0 ba|House