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$605,000

Beds
2
Baths
2.0
sq ft
1,857

5915 SW Patton Rd, Portland, OR 97221

5915 SW Patton Rd

Portland, OR 97221

  • 96 days on market
    • Price drop $10,000↓
Located in the sought-after Sylvian/Bridlemile neighborhood! This well-maintained home sits on a large private wooded lot, offering serene nature views and abundant natural light throughout. Recent upgrades include a new roof, furnace, and A/C! The upstairs primary bedroom boasts two spacious closets, and a versatile loft provides ample space for a home office. Enjoy outdoor living on the expansive wraparound back deck, perfect for relaxing or entertaining. This is a rare opportunity to own a slice of tranquility in a prime location.

Details

Property type

Single Family Residence

Est. home value

$674,834

Lot size

0.46 acres

Price per sq ft

$326

Year built

1980

Annual property taxes

$9,598.38

Price History

10/24/2024
PortlandOR

PortlandOR #24104708

Price change
$605,000
-1.63%
09/20/2024
PortlandOR

PortlandOR #24104708

Price change
$615,000
-0.81%
09/05/2024
PortlandOR

PortlandOR #24104708

Listed
$620,000

Schools & Community

Elementary school: 

Bridlemile

Middle school: 

Robert Gray

High school: 

Lincoln

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

$147,611
Asking price
$605,000
Closing costs (~8% of asking)
-$48,400
Est. remaining loan balance
-$408,989
Cash to seller
$147,611

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

Seller’s Loan History

Lender

Pacific Residential Mortgage Llc

Loan start date

July 2020

Original loan amount

$450,000

Est. remaining balance

$408,989

Interest rate

3.15%

Loan type

New Conventional, 30 year

Seller

Albert Cohen and Katherine Cohen

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 3:10 PM

Listing updated: 11/01/2024 at 6:41 PM

Listed by: Nia Woods, Works Real Estate Phone #: (503) 714-7053

MLS: PortlandOR #24104708

PortlandOR logo

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