tomo logo

$560,000

Beds
3
Baths
2.0
sq ft
1,712

7601 SE Roots Rd, Portland, OR 97267

7601 SE Roots Rd

Milwaukie, OR 97267

  • 17 days on market
Seller may consider buyer concessions if made in an offer. Welcome to your dream home, boasting a neutral color paint scheme that exudes elegance and simplicity. The kitchen is a chef's delight with all stainless steel appliances and an accent backsplash adding a touch of sophistication. Cozy up next to the fireplace on chilly evenings and enjoy the convenience of double closets in the primary bedroom, not to mention a spacious walk-in closet. Additional features include a storage shed for all your extra items and a covered patio, perfect for outdoor relaxation. The property is complete with a fenced in backyard offering privacy and security. This home is waiting for your personal touch to make it your own. This home has been virtually staged to illustrate its potential.

Details

Property type

Single Family Residence

Est. home value

$546,491

Lot size

0.38 acres

Price per sq ft

$328

Year built

1950

Annual property taxes

$5,186.6

Price History

12/05/2024
PortlandOR

PortlandOR #24196561

Listed
$560,000
-0.88%
05/03/2024
PortlandOR

PortlandOR #24070435

Sold
$565,000
04/22/2024
PortlandOR

PortlandOR #24070435

Pending
$565,000

Schools & Community

Elementary school: 

Bilquist

Middle school: 

Alder Creek

High school: 

Putnam

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

$177,484
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$337,716
Cash to seller
$177,484

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

February 2021

Original loan amount

$370,228

Est. remaining balance

$337,716

Interest rate

2.67%

Loan type

FHA, 30 year

Seller

Michaela Thompson and Riley Carson

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: 12/22/2024 at 2:50 AM

Listing updated: 12/13/2024 at 3:31 PM

Listed by: Michelle Holmes, Opendoor Brokerage LLC Phone #: (480) 462-5392

MLS: PortlandOR #24196561

PortlandOR logo

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