tomo logo

$495,000

Beds
4
Baths
2.5
sq ft
2,329

7904 SW 14th Ave, Portland, OR 97219

7904 SW 14th Ave

Portland, OR 97219

  • 93 days on market
    • Price drop $4,000↓
Welcome to this charming and versatile property in the heart of Portland, Oregon. This 1926 home boasts original trim work and built-ins, adding character and charm to every corner. With 4 bedrooms and 2 1/2 bathrooms, this home offers plenty of space for commercial, residence or office space, making it perfect for those looking to run a business from home or generate additional income with a rental unit. The basement provides even more potential for expansion with separate entrance. This home allows easy access to shops, restaurants, parks & transportation. Don't miss out on the opportunity to own a piece of Portland history with this versatile income property. Some electrical updates including updated panel, new A/C. Schedule your showing today! [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10193818]

Details

Property type

Single Family Residence

Est. home value

$525,254

Lot size

3,920 sq ft

Price per sq ft

$213

Year built

1926

Annual property taxes

$5,612.16

Price History

10/29/2024
PortlandOR

PortlandOR #24169365

Price change
$495,000
-0.8%
10/18/2024
PortlandOR

PortlandOR #24169365

Removed
$499,000
08/26/2024
PortlandOR

PortlandOR #24169365

Listed
$499,000

Schools & Community

Neighborhood: 

Hillsdale

Elementary school: 

Capitol Hill

Middle school: 

Jackson

High school: 

Ida B Wells

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

$47,702
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$407,698
Cash to seller
$47,702

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

Seller’s Loan History

Lender

Onpoint Community Cu

Loan start date

November 2021

Original loan amount

$436,500

Est. remaining balance

$407,698

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

John Daniel Fruits and Ken Richard Ableman

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: 11/24/2024 at 4:10 PM

Listing updated: 10/29/2024 at 8:21 AM

Listed by: Tiffany Pool, Realty One Group Prestige Phone #: (503) 205-0614

MLS: PortlandOR #24169365

PortlandOR logo

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