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$639,634Estimated home value

Beds
3
Baths
2.0
sq ft
1,608

7506 SE 18th Ave, Portland, OR 97202

7506 SE 18th Ave

Portland, OR 97202

  • Sold On 10/3/2024
Welcome to 7506 SE 18th Avenue, a charming bungalow located in the heart of Portland's desirable Westmoreland neighborhood. This home seamlessly blends original charm with modern updates, offering a comfortable and stylish living experience. The updated kitchen is a highlight, designed with functionality and style in mind. It boasts contemporary finishes and stainless-steel appliances, ensuring a delightful cooking experience. The living areas maintain their original charm, creating a warm and inviting atmosphere throughout the home. The main level features two bedrooms, with hardwood floors and an abundance of natural light, plus a full bath equipped with original charm and details. The lower level features a large versatile room, currently used as a an office and second living room, but easily could transform into a primary suite or guest quarters. The exterior of the home is equally impressive. A welcoming front porch invites you to unwind and enjoy the neighborhood's tranquil ambiance. The large backyard offers abundant space for outdoor activities, gardening, or simply enjoying the fresh air. Located in a walkable area, this property provides easy access to a variety of local parks and restaurants, enhancing your lifestyle with convenience and leisure. The Westmoreland neighborhood is known for its vibrant community and picturesque surroundings, making it an ideal place to call home. Walk Score: 90, Bike Score: 100 and Transit Score: 47!

Details

Property type

Single Family Residence

Est. home value

$639,634

Lot size

5,227 sq ft

Price per sq ft

$435

Year built

1924

Annual property taxes

$5,621.44

Price History

10/03/2024
PortlandOR

PortlandOR #24167057

Sold
$690,000
-1.29%
09/03/2024
PortlandOR

PortlandOR #24167057

Pending
$699,000
09/01/2024
PortlandOR

PortlandOR #24167057

Removed
$699,000

Schools & Community

Neighborhood: 

Sellwood-Moreland

Elementary school: 

Llewellyn

Middle school: 

Sellwood

High school: 

Cleveland

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

$178,414
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$464,666
Cash to seller
$178,414

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

September 2020

Original loan amount

$510,400

Est. remaining balance

$464,666

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Nicholas J Poloni

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: Off Market

Tomo last checked: 10/05/2024 at 6:50 PM

Listing updated: 10/03/2024 at 1:49 PM

Listed by: Christina McChesney, Corcoran Prime Phone #: (503) 321-2000

MLS: PortlandOR #24167057

PortlandOR logo

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