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$489,000

Beds
3
Baths
2.0
sq ft
1,762

603 NE 75th Ave, Portland, OR 97213

603 NE 75th Ave

Portland, OR 97213

  • 56 days on market
    • Price drop $10,000↓
    • Open house Sep 21
Welcome to this unique Montavilla Bungalow, featuring a new roof, large bedrooms, spacious kitchen, and opportunity to envision a new and unique space. The large living room is perfect for both entertaining or putting your feet up with a beverage and a show. Leading to the kitchen, the central dining room/study features a distinctive wooden staircase, and access to the spacious primary bedroom, complete with en suite tiled bath and jetted tub. The airy kitchen shines with parquet flooring, granite tile, and newer appliances, along with a dedicated laundry room and breakfast nook looking out over the backyard. A finished half-basement makes a wonderful flex space for a non-conforming bedroom (just needs egress window), or quiet home office. Upstairs, the second bedroom offers ample space for a home gym, office, music room, bedroom, and play area. The shady backyard features a breezy gazebo for outdoor relaxation and entertainment, along with a mature fig tree. Located near loads of local restaurants and shops, and quick access to 205 and 84 for commutes! [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192562]

Details

Property type

Single Family Residence

Est. home value

$524,374

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$278

Year built

1908

Annual property taxes

$5,645.02

Price History

09/01/2024
PortlandOR

PortlandOR #24129870

Removed
$489,000
08/22/2024
PortlandOR

PortlandOR #24129870

Listed
$489,000
08/22/2024
PortlandOR

PortlandOR #24129870

Price change
$489,000
-2%

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Vestal

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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

$104,984
Asking price
$489,000
Closing costs (~8% of asking)
-$39,120
Est. remaining loan balance
-$344,896
Cash to seller
$104,984

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

December 2021

Original loan amount

$366,000

Est. remaining balance

$344,896

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Matthew T Blum and Elizabeth Arwood

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: 09/19/2024 at 3:05 AM

Listing updated: 09/11/2024 at 10:25 AM

Listed by: Devin Arthurs, Works Real Estate Phone #: (503) 714-7053

MLS: PortlandOR #24129870

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