tomo logo

$1,159,950

Beds
3
Baths
3.0
sq ft
3,748

2925 NW Raleigh St, Portland, OR 97210

2925 NW Raleigh St

Portland, OR 97210

  • 7 days on market
**Charming 1910 Bungalow in Willamette Heights!** Discover this delightful 3-bedroom (with potential for a 4th), 3-bathroom bungalow nestled on a dead end street in the prestigious Willamette Heights neighborhood, and just a stone's throw from the trendy shops and restaurants on NW 23rd. This home has been thoughtfully updated with an array of modern amenities while retaining its timeless charm. Key features/improvements include: new roof and copper gutters - new doors(including front door) - new Anderson Windows throughout - new custom window coverings - the backyard features Trex decking with new fencing, landscaping and drainage systems - new furnace and Central AC unit for year-round comfort - fresh interior and exterior paint - kitchen is equipped with new cabinets, quartz counters + high-end Cafe appliances; gas cooking - hardwood floors in the main living areas and a newly tiled fireplace in the spacious living room - A separate dining room, ideal for hosting gatherings. The fully finished basement boasts three versatile rooms(bedroom/bonus/den), a full bath, and a separate entrance—perfect for guests or a private home office. Seller’s engaged well known Portland Architect Michael Howells to complete redesign the top floor into a large primary suite + 2nd better defined bed/bath + den area. Plans are complete and included with the sale. Enjoy the convenience of being just a short walk to NW 23rd, Forest Park, and only three blocks from the scenic Wallace Park and the highly sought-after Chapman Elementary. Take in partial views of downtown and the Northwest from the cozy wrap around porch, making this charming bungalow a true gem in a prime location. Don’t miss your chance to call it home!

Details

Property type

Single Family Residence

Est. home value

$1,078,327

Lot size

5,227 sq ft

Price per sq ft

$310

Year built

1910

Annual property taxes

$16,897.76

Price History

12/15/2024
PortlandOR

PortlandOR #24142994

Listed
$1,159,950
+38.17%
09/19/2019
PortlandOR

PortlandOR #19616899

Sold
$839,500

Schools & Community

Neighborhood: 

Hillside

Elementary school: 

Chapman

Middle school: 

West Sylvan

High school: 

Lincoln

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

$503,446
Asking price
$1,159,950
Closing costs (~8% of asking)
-$92,796
Est. remaining loan balance
-$563,708
Cash to seller
$503,446

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

September 2019

Original loan amount

$629,625

Est. remaining balance

$563,708

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Alexander George Ward and Yupeng Ji

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: 12/22/2024 at 3:50 AM

Listing updated: 12/15/2024 at 7:21 PM

Listed by: Michael Maloney, Soldera Properties, Inc Phone #: (503) 334-1515

MLS: PortlandOR #24142994

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