tomo logo

$580,000

Beds
4
Baths
2.0
sq ft
2,741

3818 SE 62nd Ave, Portland, OR 97206

3818 SE 62nd Ave

Portland, OR 97206

  • 148 days on market
    • Price drop $20,000↓
New price! Welcome to this inviting updated Craftsman home in the desirable Foster-Powell neighborhood. This charming residence features three spacious bedrooms and a full bath on the main floor. The large upstairs primary suite offers a serene retreat with an office space, full bath, oversized bedroom, and a walk-in closet. The full unfinished basement, with a separate entrance, presents numerous possibilities for customization or additional living space. Recent upgrades include a new water heater, dishwasher, and washing machine, ensuring modern convenience. Enjoy the tranquility of the quiet, private, fenced backyard, complete with garden beds and a drip irrigation system. The large open kitchen, equipped with stainless steel appliances, is perfect for cooking and entertaining. This home offers easy access to popular food cart pods & restaurants and is within walking distance to many local amenities. The covered front porch adds to the welcoming atmosphere of this delightful Craftsman home. ***This property is eligible for a free 1% interest rate buydown when using our preferred lender. Please inquire. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10030678]

Details

Property type

Single Family Residence

Est. home value

$569,787

Lot size

3,920 sq ft

Price per sq ft

$212

Year built

1910

Annual property taxes

$5,232.96

Price History

09/16/2024
PortlandOR

PortlandOR #24457587

Listed
$580,000
09/16/2024
PortlandOR

PortlandOR #24457587

Removed
$580,000
08/08/2024
PortlandOR

PortlandOR #24457587

Price change
$580,000
-3.33%

Schools & Community

Neighborhood: 

Foster-Powell

Elementary school: 

Creston

Middle school: 

Other

High school: 

Franklin

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

$186,815
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$346,785
Cash to seller
$186,815

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

July 2021

Original loan amount

$374,000

Est. remaining balance

$346,785

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Erica Viola Lewis and Katherine A G Lewis

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: 11/21/2024 at 4:45 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Zayda Arzen, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24457587

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