tomo logo

$349,900

Beds
3
Baths
1.0
sq ft
Unknown

3020 SE 122nd Ave, Portland, OR 97236

3020 SE 122nd Ave

Portland, OR 97236

  • <1 day on market
OPEN HOUSES: Sat/Sun 3/15 & 3/16 @ 11am - 1pm! Great home near all the things! 3 bedrooms or 2 bedrooms and a large family room (which is how it is currently staged). Dining area & sitting room have laminate flooring. Many updates include: heat/AC wall unit in 2021, carpet in 2023. Roof, radon mitigation system & exterior paint in 2020! Updated vinyl windows, light fixtures, flooring, some plumbing & electrical. Fenced backyard off the dining room sliding door includes a handy storage shed. Private, fenced front yard with artificial turf. Plenty of driveway parking for 3 cars or rv/boat. Near bus line and shopping. Consistently rented for $1950/mo so it could make a great investment property. Downstairs you will find the laundry/storage room with utility sink. Refrigerator, washer & dryer included. HES = 3.

Details

Property type

Single Family Residence

Est. home value

$332,605

Lot size

2,613 sq ft

Price per sq ft

Unknown

Year built

1951

Annual property taxes

$3,763.07

HOA

No

Price History

03/13/2025
PortlandOR

PortlandOR #345657137

Listed
$349,900
+30.32%
08/13/2020
PortlandOR

PortlandOR #20496363

Sold
$268,500

Schools & Community

Neighborhood: 

Powellhurst Gilbert

Elementary school: 

Mill Park

Middle school: 

Ron Russell

High school: 

David Douglas

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

$84,400
Asking price
$349,900
Closing costs (~8% of asking)
-$27,992
Est. remaining loan balance
-$237,508
Cash to seller
$84,400

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

August 2020

Original loan amount

$263,636

Est. remaining balance

$237,508

Interest rate

3.13%

Loan type

FHA, 30 year

Seller

Miranda Mandadi Laxman and Praveen Kumar Mandadi Laxman

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: Active

Tomo last checked: 03/14/2025 at 8:20 AM

Listing updated: 03/13/2025 at 10:10 AM

Listed by: Jennifer Lillie, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #345657137

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