tomo logo

$505,000

Beds
2
Baths
1.0
sq ft
2,238

8640 SW 21st Ave, Portland, OR 97219

8640 SW 21st Ave

Portland, OR 97219

  • 25 days on market
    • Price drop $15,000↓
PRICE IMPROVED $15,000 price improvement Just before the Holidays! This classic 1950s gem features stunning hardwood floors, an updated bath, and newer kitchen appliances, all while preserving its original charm. The retro cabinetry, beautiful fireplace, and unique built-in diner seating in the kitchen give this home loads of character. An updated laundry room with a washer and dryer adds modern convenience, and the unfinished basement with 8' ceilings holds endless potential—expand the living space, create a TV room, an office, or both! The choice is yours. Relax on the covered patio with a new side and back fence and retaining wall. Freeway noise is pretty unnoticeable from inside the house. Enjoy peace of mind with a new roof and gutters. She’s all set and excited to meet her new owners! [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10073224]

Details

Property type

Single Family Residence

Est. home value

$505,924

Lot size

7,405 sq ft

Price per sq ft

$226

Year built

1949

Annual property taxes

$6,266.58

Price History

11/18/2024
PortlandOR

PortlandOR #24614841

Price change
$505,000
-2.88%
10/28/2024
PortlandOR

PortlandOR #24614841

Listed
$520,000
-14.05%
06/02/2022
PortlandOR

PortlandOR #22037585

Sold
$605,000

Schools & Community

Neighborhood: 

Markham

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

$68,693
Asking price
$505,000
Closing costs (~8% of asking)
-$40,400
Est. remaining loan balance
-$395,907
Cash to seller
$68,693

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

April 2023

Original loan amount

$402,975

Est. remaining balance

$395,907

Interest rate

6.65%

Loan type

VA, 30 year

Seller

Oliver Raymundo Garcia and Autumn Baker

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: 11/21/2024 at 5:45 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Heather Parmley, Coldwell Banker Bain Phone #: (503) 224-7325

MLS: PortlandOR #24614841

PortlandOR logo

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