tomo logo

$490,000

Beds
2
Baths
1.0
sq ft
768

8554 SW 9th Ave, Portland, OR 97219

8554 SW 9th Ave

Portland, OR 97219

  • 78 days on market
    • Price drop $5,000↓
Discover your chance to live in the highly sought-after Burlingame neighborhood—an undiscovered gem that offers a perfect blend of charm and convenience just minutes from downtown! Don’t be deceived by the size of this home; it’s full of character and lives much larger than it appears.Step onto the inviting covered front porch, the perfect spot for your morning coffee, and enter a sunlit living room that glows with warmth thanks to its original hardwood floors. These beautiful floors extend throughout the hallway, leading to two generously-sized bedrooms and a full bathroom. The thoughtfully placed utility room, conveniently located off the hallway, provides easy access to the kitchen, making laundry a breeze.The kitchen exudes vintage charm with open shelving and a large window that frames views of the lush, private backyard—your very own park-like retreat, lovingly landscaped and shaded by mature trees.Beyond the beauty of the home itself, the community stands out. Many neighbors have called this area home for 30+ years, creating a welcoming and close-knit atmosphere. Excellent schools, quick freeway access, and proximity to downtown Portland make commuting easy. And with nearby gems like Tryon Creek and Marshall Park, you'll have endless opportunities for serene hikes and outdoor activities right at your doorstep.Come experience the charm and tranquility of this hidden oasis for yourself—this home is truly a must-see!

Details

Property type

Single Family Residence

Est. home value

$417,969

Lot size

5,227 sq ft

Price per sq ft

$639

Year built

1950

Annual property taxes

$4,186.55

Price History

10/17/2024
PortlandOR

PortlandOR #24403287

Price change
$490,000
-1.01%
10/02/2024
PortlandOR

PortlandOR #24403287

Price change
$495,000
-0.98%
08/19/2024
PortlandOR

PortlandOR #24403287

Listed
$499,900
+62.04%

Schools & Community

Neighborhood: 

Marshall Park

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

$100,572
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$350,228
Cash to seller
$100,572

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

August 2020

Original loan amount

$385,000

Est. remaining balance

$350,228

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Thalia Martinez and Sonia Rivas

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: 11/05/2024 at 2:40 AM

Listing updated: 11/05/2024 at 1:09 AM

Listed by: Taira Harper, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #24403287

PortlandOR logo

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