tomo logo

$509,900

Beds
4
Baths
3.0
sq ft
2,382

7470 SE 118th Dr, Portland, OR 97266

7470 SE 118th Dr

Portland, OR 97266

  • 177 days on market
    • Price drop $5,000↓
There's a lot to love in this stunning property with its park-like yard, seasonal creek, and greenbelt setting. Beautifully updated with refinished hardwood; newer laminate flooring; stylish baths; and modern kitchen with quartz counters, full height tile backsplash, and stainless steel appliances. The main floor features an open floor plan with two bedrooms and a full bath while the upper level has the primary and 4th bedrooms with their charming sloped ceilings and skylights, and a stylish bath overlooking the sky. The charm continues into the light and bright Sunroom with floor-to-ceiling windows and skylights. You'll find more space in the daylight basement with a great room featuring a full bath with a walk-in tub, a laundry room and a balcony. Enjoy the terrific views of the green outdoors from the extensive wrap-around decks that are also perfect for barbecues and other activities. Terrific location with nearby and walkable Leach Botanical Garden, a breathtaking 16-acre nature preserve. $10,000 credit towards Buyer's closing costs/nonrecurring fees! OPEN HOUSE SAT 9/28 12-3 pm.

Details

Property type

Single Family Residence

Est. home value

$522,080

Lot size

0.23 acres

Price per sq ft

$215

Year built

1954

Annual property taxes

$7,221.98

Price History

09/01/2024
PortlandOR

PortlandOR #24376663

Removed
$509,900
08/22/2024
PortlandOR

PortlandOR #24376663

Listed
$509,900
08/22/2024
PortlandOR

PortlandOR #24376663

Price change
$509,900
-0.97%

Schools & Community

Neighborhood: 

Pleasant Valley

Elementary school: 

Gilbert Park

Middle school: 

Alice Ott

High school: 

David Douglas

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

$230,728
Asking price
$509,900
Closing costs (~8% of asking)
-$40,792
Est. remaining loan balance
-$238,380
Cash to seller
$230,728

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

June 2021

Original loan amount

$256,500

Est. remaining balance

$238,380

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Evelyn K Manalo and Gregorio P Manalo

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: 10/05/2024 at 6:05 PM

Listing updated: 09/28/2024 at 9:52 AM

Listed by: Zenny Way, Location Realty Phone #: (360) 718-2998

MLS: PortlandOR #24376663

PortlandOR logo

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