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$550,000

Beds
4
Baths
2.0
sq ft
1,712

5440 NE 34th Ave, Portland, OR 97211

5440 NE 34th Ave

Portland, OR 97211

  • 195 days on market
    • Price drop $10,000↓
Welcome to this charming, urban cottage in the heart of Concordia. A lovingly, cared for gem with 4beds & 2 baths. The home features new siding, interior/exterior paint, new roof, newer windows, a permitted finished basement and a minisplit system. A fully fenced back yard, with covered patio, outdoor fireplace and enchanting pergola, is the perfect space for gardening & enjoying an outdoor evening. On a corner lot with an attached garage and off-street parking steps to popular restaurants, grocery stores and parks!

Details

Property type

Single Family Residence

Est. home value

$556,309

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$322

Year built

1949

Annual property taxes

$5,048.03

Price History

11/04/2024
PortlandOR

PortlandOR #24007395

Price change
$550,000
-1.79%
10/24/2024
PortlandOR

PortlandOR #24007395

Listed
$560,000
10/24/2024
PortlandOR

PortlandOR #24007395

Removed
$560,000

Schools & Community

Neighborhood: 

Concordia

Elementary school: 

Vernon

Middle school: 

Vernon

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

$64,181
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$441,819
Cash to seller
$64,181

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

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

December 2020

Original loan amount

$484,500

Est. remaining balance

$441,819

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Sofia Castillo

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: 11/16/2024 at 9:20 PM

Listing updated: 11/16/2024 at 1:12 AM

Listed by: Irving Casas, Keller Williams Sunset Corridor Phone #: (503) 270-5700

MLS: PortlandOR #24007395

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