tomo logo

$475,000

Beds
3
Baths
2.0
sq ft
2,240

746 NE Stafford St, Portland, OR 97211

746 NE Stafford St

Portland, OR 97211

  • 68 days on market
    • Price drop $74,000↓
*** Huge Price Adjustment *** Framed by the blooms of two Dogwoods, this classic mid century ranch sits on a quiet corner lot in a beautiful neighborhood just steps from parks, shops, delicious food, and local brews. The main level includes the dining room, living room and 3 bedrooms. Fresh paint and gleaming oak floors run throughout. An updated kitchen with butcher block counters sits at the center of it all. Downstairs the full basement has multiple rooms that could be updated to bedrooms with legal egress, or the whole thing can be converted to an adu with a separate entrance. As it sits currently, there's a second bathroom, laundry room, and a ton of space for spreading out. The 2 car detached garage offers additional space for your imagination - it's already perfect for storage, keeping vehicles and toys out of the weather, or tinkering in your private shop. It would also be an ideal candidate for a conversion to a detached adu or finished studio/ work space. Blocks from Dekum Triangle this house is perfect for living locally. Walk to Woodlawn Coffee, Good Neighbor Pizza, The Fire House, Ps and Qs, Breakside Brewing, Woodlawn Park, the Saturday farmers market and so much more.

Details

Property type

Single Family Residence

Est. home value

$560,721

Property condition

Updated/Remodeled

Lot size

5,227 sq ft

Price per sq ft

$213

Year built

1951

Annual property taxes

$4,070.04

Price History

11/15/2024
PortlandOR

PortlandOR #24327376

Price change
$475,000
-13.48%
09/15/2024
PortlandOR

PortlandOR #24017540

Removed
$549,000
09/15/2024
PortlandOR

PortlandOR #24327376

Listed
$549,000

Schools & Community

Neighborhood: 

Woodlawn

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

$9,408
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$427,592
Cash to seller
$9,408

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

June 2022

Original loan amount

$444,000

Est. remaining balance

$427,592

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Beth Adele Long

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 5:45 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Nathan Reimer, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24327376

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