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$634,000

Beds
3
Baths
2.0
sq ft
2,132

5204 SE 38th Ave, Portland, OR 97202

5204 SE 38th Ave

Portland, OR 97202

  • Pending
Adorable 1945 Cape Cod on tree-lined, quiet street in the desirable Reed Neighborhood. Spacious 3 bedroom, with finished "flex" bonus room on lower level + full bath. Cozy wood-burning fireplace adorns the living/dining; kitchen fully renovated with breakfast nook and newer stainless appliances. Large fenced yard, mature landscaping, shade trees and covered patio. Endless possibilities with 440 sq.ft. shop. Recent updates include gas furnace, new roof & gutters, sewer line replacement, chimney rebuild, water heater, LVP flooring & vinyl windows. You will love living in the heart of SE Portland, just minutes to Eastmoreland & Woodstock! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10188186]

Details

Property type

Single Family Residence

Est. home value

$596,397

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$298

Year built

1945

Annual property taxes

$6,460.12

Price History

09/01/2024
PortlandOR

PortlandOR #24118592

Removed
$634,000
08/29/2024
PortlandOR

PortlandOR #24118592

Pending
$634,000
08/10/2024
PortlandOR

PortlandOR #24118592

Listed
$634,000
+9.97%

Schools & Community

Neighborhood: 

Reed

Elementary school: 

Grout

Middle school: 

Hosford

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

$215,935
Asking price
$634,000
Closing costs (~8% of asking)
-$50,720
Est. remaining loan balance
-$367,345
Cash to seller
$215,935

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2021

Original loan amount

$400,130

Est. remaining balance

$367,345

Interest rate

2.66%

Loan type

New Conventional, 30 year

Seller

Mary Coussons Read

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 11:45 AM

Listing updated: 09/04/2024 at 11:52 AM

Listed by: Deanna Wray, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24118592

PortlandOR logo

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