tomo logo

$1,200,000

Beds
5
Baths
5.5
sq ft
3,893

5815 SW Orchid Dr, Portland, OR 97219

5815 SW Orchid Dr

Portland, OR 97219

  • 129 days on market
    • Price drop $99,900↓
Light, bright one level home set up perfectly for living featuring 5 ensuite bedrooms, 5.5 baths. 5th bedroom originally set up as gym could be easily converted into a bonus space set apart from the main living area. Central kitchen and family room in open floor plan has generous space for family gathering and entertaining with walls of windows providing natural light. Secluded private back patio with covered area, gazebo and water feature creates perfect indoor/outdoor living. The lot is situated for exceptional privacy. Pull up driveway to a spacious 2 car garage with room to park additional 2-3 cars on the level parking pad with direct access to the front entry. Minutes from downtown PDX, shopping, restaurants, medical facilities and top rated schools. Owners added a Generac generator that powers the entire home in case of power outage. PNW living at its best! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10189077]

Details

Property type

Single Family Residence

Est. home value

$1,228,353

Lot size

0.44 acres

Price per sq ft

$309

Year built

2001

Annual property taxes

$20,745.32

Price History

10/17/2024
PortlandOR

PortlandOR #24688223

Removed
$1,200,000
10/16/2024
PortlandOR

PortlandOR #24688223

Listed
$1,200,000
09/01/2024
PortlandOR

PortlandOR #24688223

Removed
$1,200,000

Schools & Community

Neighborhood: 

Ashcreek

Elementary school: 

Markham

Middle school: 

Jackson

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

$241,519
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$862,481
Cash to seller
$241,519

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

Seller’s Loan History

Lender

Trident Home Loans Llc

Loan start date

April 2021

Original loan amount

$935,000

Est. remaining balance

$862,481

Interest rate

3.02%

Loan type

VA, 30 year

Seller

Ronald S Thornton Jr and Crystal N Thornton

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: 11/21/2024 at 6:05 PM

Listing updated: 11/13/2024 at 12:56 PM

Listed by: Nick Shivers, Keller Williams PDX Central Phone #: (503) 548-4848

MLS: PortlandOR #24688223

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