tomo logo

$445,000

Beds
1
Baths
1.0
sq ft
Unknown

5254 SE 74th Ave, Portland, OR 97206

5254 SE 74th Ave

Portland, OR 97206

  • 25 days on market
Oh Wow! The Detached Art Studio! Sunny 1923 bungalow cottage and adorable detached art studio with natural light! Spacious fenced yard with trees & sun. Just off Foster near food carts, shops & cafes. Beautiful wood floors, original trim and vintage details. Charming & practical floor plan makes amazing use of the square footage in main house with everything you need: a cozy bedroom, a cute bath with retro fixtures, a roomy kitchen with eating area, a living room, a utility room with laundry, and two front porches! The Mt. Scott Community Center, Park, and Pool is just 3.5 blocks away. Back yard is perfect for gatherings. Plant in the corrugated tall garden containers. Yard includes a large tool shed with power, and a sheltered grilling spot. Extra parking - the driveway has parking for 5 cars, 2 of them covered. Zoning is "CE" according to "Portland Maps" which may allow retail and office. All electric home. Total sq ft includes detached studio. Energy score = 6! Buyer to verify all info. Don't miss this gem! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10236329]

Details

Property type

Single Family Residence

Est. home value

$282,555

Lot size

5,227 sq ft

Price per sq ft

Unknown

Year built

1923

Annual property taxes

$2,941.21

HOA

No

Price History

03/07/2025
PortlandOR

PortlandOR #636489788

Listed
$445,000

Schools & Community

Neighborhood: 

Mount Scott

Elementary school: 

Marysville

Middle school: 

Kellogg

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

$334,764
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$74,636
Cash to seller
$334,764

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

Seller’s Loan History

Lender

Advantis Cu

Loan start date

June 2013

Original loan amount

$103,200

Est. remaining balance

$74,636

Interest rate

3.41%

Loan type

New Conventional, 30 year

Seller

Eric M Wilken and Pamela K Parrish Wilken

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: 04/01/2025 at 3:35 PM

Listing updated: 03/28/2025 at 4:51 PM

Listed by: Laurie Sonnenfeld, Laurie Sonnenfeld Realty Phone #: (503) 750-1630

MLS: PortlandOR #636489788

PortlandOR logo

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