tomo logo

$550,000

Beds
2
Baths
1.0
sq ft
1,560

7723 SE Clay St, Portland, OR 97215

7723 SE Clay St

Portland, OR 97215

  • 5 days on market
Check out this adorable Mount Tabor bungalow, featuring 2 bedrooms, 1 bathroom, and an office. This charming home includes a basement with a separate entrance, offering great ADU potential. Enjoy the lovely back deck, a large, private back-yard, raised beds and a storage shed! Nestled within walking distance to Mt. Tabor Park and Montavilla's bustling commerce area, this home is both convenient and inviting. Recently updated while retaining its 1920s charm, the property boasts tons of natural light with a south-facing porch, a newer roof (2021) and newer HVAC. Enjoy original hardwood floors, SS appliances, custom cabinets and more in this gorgeously maintained gem! [Home Energy Score = 8. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10204686]

Details

Property type

Single Family Residence

Est. home value

$505,011

Lot size

5,227 sq ft

Price per sq ft

$353

Year built

1928

Annual property taxes

$4,736.4

Price History

07/03/2024
PortlandOR

PortlandOR #24250058

Listed
$550,000
+2.8%
09/27/2022
PortlandOR

PortlandOR #22009508

Sold
$535,000

Schools & Community

Neighborhood: 

Montavilla

Elementary school: 

Bridger

Middle school: 

Bridger

High school: 

Franklin

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

$62,758
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$443,242
Cash to seller
$62,758

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2022

Original loan amount

$454,750

Est. remaining balance

$443,242

Interest rate

5.22%

Loan type

New Conventional, 30 year

Seller

James Brown

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: 07/07/2024 at 5:55 PM

Listing updated: 07/04/2024 at 8:23 AM

Listed by: Courtney Brown, Keller Williams Premier Partners Phone #: (360) 693-3336

MLS: PortlandOR #24250058

PortlandOR logo

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