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$539,900

Beds
3
Baths
1.0
sq ft
1,309

5508 SW Cameron Rd, Portland, OR 97221

5508 SW Cameron Rd

Portland, OR 97221

  • 61 days on market
    • Price drop $10,000↓
Charming Hayhurst home with a spacious, flat yard and inviting living spaces! This cozy residence offers a warm and welcoming atmosphere, featuring a large front room, a full laundry room, and two generously sized bedrooms. The converted garage provides flexibility, serving as either a second family room or a roomy third bedroom. Enjoy the beauty of bamboo floors, new carpet, and durable Milgard vinyl windows throughout. The private backyard boasts a large composite deck, surrounded by mature trees and stunning flowers that bloom each spring. With easy access to all amenities and just a short walk to Pendleton Park and the highly-rated Hayhurst School, this home offers both convenience and charm. Don’t miss out on this delightful property—it won’t last long! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10113216]

Details

Property type

Single Family Residence

Est. home value

$503,037

Property condition

Updated/Remodeled

Lot size

6,969 sq ft

Price per sq ft

$413

Year built

1943

Annual property taxes

$5,713.81

Price History

10/18/2024
PortlandOR

PortlandOR #24523166

Removed
$539,900
10/03/2024
PortlandOR

PortlandOR #24523166

Listed
$539,900
10/03/2024
PortlandOR

PortlandOR #24523166

Price change
$539,900
-1.82%

Schools & Community

Neighborhood: 

Hayhurst

Elementary school: 

Hayhurst

Middle school: 

Other

High school: 

Ida B Wells

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

$82,042
Asking price
$539,900
Closing costs (~8% of asking)
-$43,192
Est. remaining loan balance
-$414,666
Cash to seller
$82,042

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2021

Original loan amount

$451,250

Est. remaining balance

$414,666

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Isaiah Mathew Shay

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: 11/05/2024 at 8:20 AM

Listing updated: 10/18/2024 at 3:12 PM

Listed by: Carissa Aulich, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #24523166

PortlandOR logo

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