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$559,900

Beds
3
Baths
2.0
sq ft
1,920

3108 SE Olsen St, Portland, OR 97222

3108 SE Olsen St

Milwaukie, OR 97222

  • 117 days on market
    • Price drop $10,000↓
Nestled on a generous 0.4-acre lot, this enchanting 1920s home effortlessly blends historical charm with modern comforts. The spacious living room invites relaxation, featuring large windows that bathe the space in natural light. Adjacent to the living room, the dining area, provides a perfect setting for both intimate family dinners and BBQ's. The kitchen harmoniously marries vintage appeal with contemporary convenience. It offers ample counter space, and a cute pass through so you can see the living room. The home includes multiple bedrooms, each with its own distinctive charm and ample closet space. The master suite serves as a serene retreat, blending high ceilings, rustic beams and spacious closets. The outdoors is the show stopper. There is a gazebo with an open space at the peak, allowing the smoke to escape, a covered patio perfect for rainy evenings, an attached shop that is insulated, a detached shed and a chicken coop. The expansive grounds offer a park like setting with mature trees, shade and ample space to garden, get away from life and simply enjoy the tranquil surroundingsLocated in a desirable Ardenwald with a breakfast spot on the same block, downtown Milkwaukie, shops, restaurants, farmers market only a mile away and New season close also. Potential to subdivide.

Details

Property type

Single Family Residence

Est. home value

$559,556

Lot size

0.4 acres

Price per sq ft

$292

Year built

1930

Annual property taxes

$3,556.22

Price History

12/21/2024
PortlandOR

PortlandOR #24203399

Listed
$559,900
12/09/2024
PortlandOR

PortlandOR #24203399

Pending
$559,900
11/15/2024
PortlandOR

PortlandOR #24203399

Price change
$559,900
-1.75%

Schools & Community

Neighborhood: 

Ardenwald

Elementary school: 

Ardenwald

Middle school: 

Rowe

High school: 

Milwaukie

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

$505,526
Asking price
$559,900
Closing costs (~8% of asking)
-$44,792
Est. remaining loan balance
-$9,582
Cash to seller
$505,526

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

Seller’s Loan History

Lender

Premier Mtg Resources

Loan start date

February 1996

Original loan amount

$100,368

Est. remaining balance

$9,582

Interest rate

7.02%

Loan type

VA, 30 year

Seller

Paul R Long and Margaret L Long

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 2:00 PM

Listing updated: 12/21/2024 at 10:16 AM

Listed by: Leah Dowling, Urban Nest Realty Phone #: (503) 432-8126

MLS: PortlandOR #24203399

PortlandOR logo

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