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$485,000

Beds
4
Baths
2.0
sq ft
1,732

8618 NE Thompson St, Portland, OR 97220

8618 NE Thompson St

Portland, OR 97220

  • 34 days on market
Welcome to 8618 NE Thompson St, a delightful 4-bedroom, 2-bath home nestled on a fabulously quiet street with fantastic light and dreamy outdoor spaces. This property offers a perfect blend of comfort, convenience, and outdoor living with potential for a lower level ADU. Step inside to a cozy and inviting main level featuring hardwood floors, a light-filled living room and kitchen, and two bright bedrooms and a full bathroom. The lower level boasts two additional bedrooms and another full bath, providing plenty of space for guests, a home gym, and a home office setup.The real showstopper is the amazing backyard, where you can unwind in your very own private oasis. The patio is perfect for outdoor dining, and the gazebo with fire pit offers a great spot for evening gatherings under the stars. The front yard is an ideal spot for the garden enthusiast, as it enjoys full sun exposure, making it perfect for growing vegetables and flowers.Conveniently located near schools, parks, and easy access to downtown Portland, this home offers the best of both peaceful living and walkable city amenities. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10192161]

Details

Property type

Single Family Residence

Est. home value

$435,321

Lot size

5,227 sq ft

Price per sq ft

$281

Year built

1952

Annual property taxes

$5,260.54

Price History

10/02/2024
PortlandOR

PortlandOR #24552025

Listed
$485,000
+17.72%
07/16/2021
PortlandOR

PortlandOR #21645784

Sold
$412,000

Schools & Community

Neighborhood: 

Madison South

Elementary school: 

Jason Lee

Middle school: 

Roseway Heights

High school: 

Leodis McDaniel

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

$63,350
Asking price
$485,000
Closing costs (~8% of asking)
-$38,800
Est. remaining loan balance
-$382,850
Cash to seller
$63,350

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

July 2021

Original loan amount

$412,000

Est. remaining balance

$382,850

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Angelmary Urban and Boyd Urban

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 2:55 AM

Listing updated: 10/25/2024 at 2:29 PM

Listed by: Yascha Noonberg, Living Room Realty Phone #: (503) 719-5588

MLS: PortlandOR #24552025

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