tomo logo

$390,000

Beds
2
Baths
1.0
sq ft
727

7724 N Bank St, Portland, OR 97203

7724 N Bank St

Portland, OR 97203

  • 136 days on market
    • Price drop $9,000↓
First time on the market ever! This bungalow is the perfect starter home in the heart of St Johns. Your front door is within walking distance to parks, shops, restaurants and grocery stores. It has been tastefully updated inside with fresh paint, new windows, new flooring and fixtures throughout, a beautifully tiled bathroom and kitchen, and new cabinets with quartz countertops. Everything inside the walls has been updated as well, including electrical, plumbing, a tankless water heating system, and even fresh insulation. The outside has a new roof and gutters, a fresh coat of paint, a 12'x8' storage shed with workbench, and a neatly landscaped, fully fenced yard. Don't miss out on this turn key gem, she is ready for her 2nd owner. Come see it today!

Details

Property type

Single Family Residence

Est. home value

$349,466

Lot size

5,227 sq ft

Price per sq ft

$537

Year built

1954

Annual property taxes

$2,622.59

Price History

10/04/2024
PortlandOR

PortlandOR #24475098

Price change
$390,000
-2.26%
10/01/2024
PortlandOR

PortlandOR #24475098

Listed
$399,000
10/01/2024
PortlandOR

PortlandOR #24475098

Removed
$399,000

Schools & Community

Neighborhood: 

St.Johns

Elementary school: 

Sitton

Middle school: 

George

High school: 

Roosevelt

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

$143,835
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$214,965
Cash to seller
$143,835

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

April 2022

Original loan amount

$225,000

Est. remaining balance

$214,965

Interest rate

3.89%

Loan type

New Conventional, 30 year

Seller

Sherry Littlejohn and Scott Littlejohn

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 6:40 PM

Listing updated: 10/04/2024 at 8:59 PM

Listed by: Scott Brooks, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #24475098

PortlandOR logo

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