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$460,000

Beds
2
Baths
1.5
sq ft
1,460

3123 SE Malcolm St, Portland, OR 97222

3123 SE Malcolm St

Milwaukie, OR 97222

  • 3 days on market
    • Open house Oct 06
Charming bungalow just minutes to Sellwood and the heart of Milwaukie! Whether you’re savoring your morning coffee, grilling with friends, or unwinding on the expansive, covered deck and yard, this home offers the perfect blend of outdoor living and comfort in a wonderful location. Enter into a light filled living and dining room with hardwood floors and beautiful French doors that open up to a spacious, covered deck. The dining room flows seamlessly into the functional, updated kitchen for easy living. The main level features a versatile bedroom that could serve as a comfortable home office or guest space, while upstairs you will find the lovely primary suite with a walk-in closet and attached half-bathroom. Moving downstairs, you will find a finished basement with a laundry area and a bonus room – ideal for a movie room, workout space, game room, and more! Outside, the covered deck is the perfect place to relax or entertain year-round. The fully fenced yard offers plenty of room for relaxation, children to play, and pets to roam. Complete with raised garden beds to fill with your favorite plantings, two sheds to store all your gardening tools and outdoor essentials, and kayak storage – this yard is a true urban oasis. Zoned Neighborhood Mixed Use (NMU). Zoning provides amazing opportunities (buyer to do own due diligence). New plumbing and tankless hot water heater added in 2021. Live just one block away from Milwaukie Café! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10233255]

Details

Property type

Single Family Residence

Est. home value

$449,044

Lot size

9,147 sq ft

Price per sq ft

$316

Year built

1925

Annual property taxes

$2,410.76

Price History

10/03/2024
PortlandOR

PortlandOR #24061646

Listed
$460,000
+8.24%
05/12/2021
PortlandOR

PortlandOR #21102700

Sold
$425,000
+23.19%
03/06/2017
PortlandOR

PortlandOR #17554792

Sold
$345,000

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

$144,529
Asking price
$460,000
Closing costs (~8% of asking)
-$36,800
Est. remaining loan balance
-$278,671
Cash to seller
$144,529

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2021

Original loan amount

$300,000

Est. remaining balance

$278,671

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Aaron Carpenter and Marissa Carpenter

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: 10/05/2024 at 6:20 PM

Listing updated: 10/04/2024 at 8:20 PM

Listed by: Julia Monson, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #24061646

PortlandOR logo

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