tomo logo

$259,900

Beds
1
Baths
1.0
sq ft
480

5503 NE Prescott St, Portland, OR 97218

5503 NE Prescott St

Portland, OR 97218

  • 147 days on market
    • Price drop $40,100↓
Corner Lot Fixer on prime real estate in Cully neighborhood. Bring your vision. 2 buildings on one Lot. building hasn't been used for over 10yrs and small house has been vacant for 4 yrs. Buyer to Due diligence on property and schools.

Details

Property type

Single Family Residence

Est. home value

$327,901

Property condition

Fixer

Lot size

5,227 sq ft

Price per sq ft

$542

Year built

1931

Annual property taxes

$1,112.68

Price History

09/27/2024
PortlandOR

PortlandOR #24431650

Listed
$259,900
09/01/2024
PortlandOR

PortlandOR #24431650

Removed
$259,900
08/22/2024
PortlandOR

PortlandOR #24431650

Pending
$259,900

Schools & Community

Neighborhood: 

Cully

Elementary school: 

Rigler

Middle school: 

Beaumont

High school: 

Leodis McDaniel

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Eugene Spencer

Loan start date

September 2002

Original loan amount

$150,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Seller take-back

Seller

St Jude Church Service Center

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: 10/05/2024 at 7:50 PM

Listing updated: 09/27/2024 at 8:42 AM

Listed by: Ted Williams, Urbane Realty Group Phone #: (971) 373-8294

MLS: PortlandOR #24431650

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