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$949,999

Beds
4
Baths
3.0
sq ft
3,299

5305 NE Rodney Ave, Portland, OR 97211

5305 NE Rodney Ave

Portland, OR 97211

  • 48 days on market
This meticulously renovated corner home is a studs-out remodel, with updated wiring and plumbing throughout. This home is now a duplex. Kitchens boast elegant granite countertops and custom cabinetry. Reclaimed wood trim and molding are tastefully enhanced by mirrors, glass block accents, and expertly applied paint and plaster work. Designer touches abound, creating a luxurious atmosphere throughout the home. Yes, woodwork and craftmanship IS that good! The finished attic has its own mini-split and currently serves as storage, office, wardrobe and bonus bedroom all at the same time. Outdoor amenities include a HUGE front porch, partial kitchen and a LARGE dual oven brick rotisserie BBQ, all perfect for entertaining. The front yard is a traditional lawn, contrasted by the homes' low maintenance cement work out back. The storage friendly 2-car detached garage is also equipped with a washer-dryer and pellet stove. In addition to the garage, there are 3+ off-street parking spots and plentiful street parking available.This is a unique offering, a perfect blend of upscale and unique, Old Portland and new ideas. Matterport virtual tours and detailed floor plans are readily accessible to provide a comprehensive view of this exceptional property. Request a showing today!Tiny house behind residence is for sale, and excluded from this offering.

Details

Property type

Single Family Residence

Est. home value

$849,457

Lot size

5,227 sq ft

Price per sq ft

$288

Year built

1909

Annual property taxes

$5,971.74

Price History

07/10/2024
PortlandOR

PortlandOR #24450421

Listed
$949,999

Schools & Community

Neighborhood: 

Humboldt

Elementary school: 

Boise-Eliot

Middle school: 

Harriet Tubman

High school: 

Jefferson

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

$851,139
Asking price
$949,999
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$22,860
Cash to seller
$851,139

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

Seller’s Loan History

Lender

Portland Housing Bureau

Loan start date

March 2017

Original loan amount

$40,177

Est. remaining balance

$22,860

Interest rate

3.41%

Loan type

Not Provided, 15 year

Seller

Lucious Allen Jr and Wendell Allen

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: 08/27/2024 at 3:25 AM

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

Listed by: Eric Squires, All Professionals Real Estate Phone #: (503) 259-2100

MLS: PortlandOR #24450421

PortlandOR logo

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