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$437,759Estimated home value

Beds
3
Baths
1.0
sq ft
2,368

65 NE Lombard St, Portland, OR 97211

65 NE Lombard St

Portland, OR 97035

  • Off market
    • Price drop $15,000↓
Welcome home to your updated bungalow in Northeast Portland. This charming home features newer lvp floors, roof, white cabinets, large laundry room, sewer line, detached garage providing ample storage space and an unfinished basement offering potential for customization, this property presents a fantastic opportunity to create your dream living space.The kitchen is a highlight with its sleek quartz countertops, perfect for preparing meals and hosting gatherings. Step outside onto the Trex deck, where you can enjoy outdoor dining or simply unwind in the fresh air. Assumable 4.6% rate FHA. This home offers proximity to a variety of amenities, including parks, shops, and restaurants, ensuring both convenience and a vibrant lifestyle. Don't miss out on the chance to make this updated bungalow your own!

Details

Property type

Single Family Residence

Est. home value

$437,759

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$205

Year built

1915

Annual property taxes

$3,880.2

Price History

08/14/2024
PortlandOR

PortlandOR #24079182

Removed
$485,000
07/22/2024
PortlandOR

PortlandOR #24079182

Price change
$485,000
-3%
07/12/2024
PortlandOR

PortlandOR #24079182

Price change
$500,000
-2.91%

Schools & Community

Neighborhood: 

Piedmont

Elementary school: 

Woodlawn

Middle school: 

Ockley Green

High school: 

Jefferson

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

$431,253
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$14,947
Cash to seller
$431,253

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

Seller’s Loan History

Lender

Department Of Housing & Urban Dev

Loan start date

December 2023

Original loan amount

$15,053

Est. remaining balance

$14,947

Interest rate

7.79%

Loan type

FHA, 29 year

Seller

Chung Han

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?

Status: Off Market

Tomo last checked: 10/05/2024 at 7:45 PM

Listing updated: 08/02/2024 at 4:14 PM

Listed by: Narin Lay, Summa Real Estate Group Phone #: (503) 906-2606

MLS: PortlandOR #24079182

PortlandOR logo

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