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$346,707Estimated home value

Beds
2
Baths
1.0
sq ft
926

4626 NE 98th Ave, Portland, OR 97220

4626 NE 98th Ave

Portland, OR 97220

  • Off market
    • Price drop $15,000↓
Nestled in the beautiful Parkrose neighborhood, this charming home boasts 2 bedrooms, 1 bathroom, and an open floor plan, perfect for modern living. The kitchen features newer stainless steel appliances, including a dishwasher, free-standing stove/oven, a double-door refrigerator with a bottom freezer, and a built-in microwave, adding both style and functionality to the space. For gardening enthusiasts, there are raised beds ready for planting and cultivating your favorite plants and vegetables. Additionally, the covered 11 x 11 backyard area is equipped with a picnic table and fire pit, perfect for outdoor gatherings and cozy evenings. With its wonderful condition and thoughtful updates, including a newer gas furnace (2018), RV and boat parking, a newer roof and electrical panel, this home offers comfort, convenience, and the opportunity to enjoy outdoor living to the fullest in the heart of the picturesque Parkrose neighborhood. Plus, enjoy easy freeway and airport access, making commuting and travel a breeze. [Home Energy Score = 7. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10227801]

Details

Property type

Single Family Residence

Est. home value

$346,707

Lot size

5,227 sq ft

Price per sq ft

$443

Year built

1924

Annual property taxes

$2,633.76

Price History

08/27/2024
PortlandOR

PortlandOR #24471040

Removed
$410,000
07/31/2024
PortlandOR

PortlandOR #24471040

Price change
$410,000
-3.53%
05/02/2024
PortlandOR

PortlandOR #24471040

Listed
$425,000
+146.38%

Schools & Community

Neighborhood: 

Parkrose

Elementary school: 

Prescott

Middle school: 

Parkrose

High school: 

Parkrose

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

$105,435
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$271,765
Cash to seller
$105,435

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$287,390

Est. remaining balance

$271,765

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Umesh Narayan Maharaj

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: Off Market

Tomo last checked: 08/26/2024 at 10:25 PM

Listing updated: 08/07/2024 at 5:54 AM

Listed by: Liz Carpenter, RE/MAX Equity Group Phone #: (503) 626-4600

MLS: PortlandOR #24471040

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