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$609,868Estimated home value

Beds
4
Baths
2.0
sq ft
2,230

2926 NE 63rd Ave, Portland, OR 97213

2926 NE 63rd Ave

Portland, OR 97213

  • Off market
    • Price drop $1,500↓
Nestled in a vibrant urban neighborhood, this charming English cottage boasts four spacious bedrooms and two elegant bathrooms. The home blends classic charm with modern comfort, featuring a cozy living room with a fireplace, a sunlit kitchen with updated appliances, and a delightful garden perfect for relaxing. Original hardwood floors, vintage fixtures, and abundant natural light enhance its timeless appeal. Conveniently located just blocks from shops, cafes, and parks, this cottage offers an idyllic urban retreat. Recent updates include a new roof, windows, electrical throughout, plumbing, and much more!

Details

Property type

Single Family Residence

Est. home value

$609,868

Lot size

5,227 sq ft

Price per sq ft

$325

Year built

1924

Annual property taxes

$6,161.22

Price History

07/14/2024
PortlandOR

PortlandOR #24045042

Removed
$723,500
07/01/2024
PortlandOR

PortlandOR #24045042

Removed
$723,500
06/26/2024
PortlandOR

PortlandOR #24045042

Listed
$723,500

Schools & Community

Neighborhood: 

Rose City Park

Elementary school: 

Rose City Park

Middle school: 

Roseway Heights

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

$199,779
Asking price
$723,500
Closing costs (~8% of asking)
-$57,880
Est. remaining loan balance
-$465,841
Cash to seller
$199,779

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

Seller’s Loan History

Lender

Ally Bank

Loan start date

July 2021

Original loan amount

$500,000

Est. remaining balance

$465,841

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Samuel Newman and Porsha Newman

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: Off Market

Tomo last checked: 10/05/2024 at 7:20 PM

Listing updated: 07/01/2024 at 1:22 PM

Listed by: Corey Rudolph, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #24045042

PortlandOR logo

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