tomo logo

$385,000

Beds
3
Baths
2.5
sq ft
1,370

2896 SE 87th Ave, Portland, OR 97266

2896 SE 87th Ave

Portland, OR 97266

  • 45 days on market
    • Price drop $14,000↓
Amazing centrally located newer townhome with discounted property taxes, under $1k PER YEAR!! Transferrable with qualified buyer under Portland HOLTE program's guidelines- buyer to do due diligence. High quality newer construction townhome with *ideal* floor plan at an amazing price! Home Energy Score 10/10- highly energy efficient home! Easy access to public transit, and nestled amongst some of the best restaurants in southeast Portland. Take a quick trip down the street to Portland Nursery to add to your plant collection, or down to Mt. Tabor and enjoy all of the trails in one of the best parks in Portland. Contact agent for more info! [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10182358]

Details

Property type

Townhouse

Est. home value

$361,629

Lot size

Unknown

Price per sq ft

$282

Year built

2020

Annual property taxes

$971.17

Monthly HOA fee

$44

Price History

09/11/2024
PortlandOR

PortlandOR #24162536

Listed
$385,000
09/11/2024
PortlandOR

PortlandOR #24162536

Removed
$385,000
08/09/2024
PortlandOR

PortlandOR #24162536

Price change
$385,000
-3.51%

Schools & Community

Neighborhood: 

Powellhurst Gilbert

Elementary school: 

Clark

Middle school: 

Harrison Park

High school: 

Leodis McDaniel

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

$71,801
Asking price
$385,000
Closing costs (~8% of asking)
-$30,800
Est. remaining loan balance
-$282,399
Cash to seller
$71,801

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2020

Original loan amount

$310,303

Est. remaining balance

$282,399

Interest rate

3.51%

Loan type

New Conventional, 30 year

Seller

Cecil Evvan Pendergrass

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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2512 SE 87th Ave, Portland, OR 97266

Status: Active

Tomo last checked: 09/13/2024 at 12:30 PM

Listing updated: 09/13/2024 at 2:57 AM

Listed by: Rebecca Wilson, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24162536

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