tomo logo

$335,000

Beds
1
Baths
1.0
sq ft
592

6440 SE Laura St, Portland, OR 97222

6440 SE Laura St

Milwaukie, OR 97222

  • 8 days on market
Introducing this charming bungalow nestled on a beautiful large lot located in the central part of Milwaukie. One of the standout features of this property is its incredible versatility, allowing for flexibility in future living arrangements. Currently, this home boasts everything you need for comfortable living. The south facing windows allow for natural light, creating a warm and inviting atmosphere. Included with the home is a 160 SF ADU, a 192 SF Workshop and additional RV Parking. The fenced backyard of this property boasts beautiful cherry trees, adding a touch of natural beauty to the outdoor space. The soothing pond in the front is a roof rainwater catchment/raingarden. Notable recent updates include new Pergo floors installed in 2022. Mini Split system installed in 2023. ensuring comfort year-round. The outdoor electric was redone in 2023. This property offers easy access to a range of amenities. Within a short 10-minute drive, you can enjoy the waterfront, Milwaukie?s vibrant farmers market, mass transit options and much more.

Details

Property type

Single Family Residence

Est. home value

$350,340

Lot size

8,276 sq ft

Price per sq ft

$566

Year built

1940

Annual property taxes

$1,755.02

Price History

06/27/2024
PortlandOR

PortlandOR #24224759

Listed
$335,000
+4.69%
07/08/2021
PortlandOR

PortlandOR #21118089

Sold
$320,000

Schools & Community

Elementary school: 

Lewelling

Middle school: 

Rowe

High school: 

Milwaukie

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

$68,883
Asking price
$335,000
Closing costs (~8% of asking)
-$26,800
Est. remaining loan balance
-$239,317
Cash to seller
$68,883

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

July 2021

Original loan amount

$256,000

Est. remaining balance

$239,317

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Daniel D Montague and Veroncia Rose Schmitt

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: 07/04/2024 at 8:45 PM

Listing updated: 07/01/2024 at 1:28 PM

Listed by: Gina Shingler, ERA Freeman & Associates Phone #: (503) 665-3144

MLS: PortlandOR #24224759

PortlandOR logo

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