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$375,000

Beds
2
Baths
2.0
sq ft
Unknown

5116 SE Knapp St, Portland, OR 97206

5116 SE Knapp St

Portland, OR 97206

  • 36 days on market
    • Price drop $24,000↓
Don't miss this adorable 2 bedroom 2 bathroom bungalow near Woodstock. With updates throughout, this home is ready for its new owners. Outside you are welcomed in by a covered front patio and fully fenced yard. Upon entering you are greeted by hardwood flooring, glowing in the abundance of natural light, an updated kitchen with eat-at bar, and newer appliances. Take a look today! [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10235386]

Details

Property type

Single Family Residence

Est. home value

$365,384

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

1942

Annual property taxes

$3,336.65

HOA

No

Price History

02/06/2025
PortlandOR

PortlandOR #564815374

Price change
$375,000
-6.02%
01/27/2025
PortlandOR

PortlandOR #564815374

Listed
$399,000
01/23/2025
PortlandOR

PortlandOR #564815374

Pending
$399,000

Schools & Community

Neighborhood: 

Brentwood-Darlington

Elementary school: 

Lewis

Middle school: 

Sellwood

High school: 

Cleveland

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

-$28
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$345,028
Cash to seller
-$28

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

March 2023

Original loan amount

$353,072

Est. remaining balance

$345,028

Interest rate

6.33%

Loan type

FHA, 30 year

Seller

Jessa Smith and Jacob J Waldren

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: 02/22/2025 at 9:10 AM

Listing updated: 02/21/2025 at 12:45 AM

Listed by: Wansi Huang, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #564815374

PortlandOR logo

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