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$504,900

Beds
4
Baths
2.0
sq ft
2,932

8712 N Druid Ave, Portland, OR 97203

8712 N Druid Ave

Portland, OR 97203

  • 154 days on market
    • Price drop $20,000↓
*NEW PRICE* This charming home in Portsmouth offers endless possibilities! The main floor has three bedrooms with hardwood floors, one newly updated full bath, and an open living and kitchen area with newer stainless steel appliances. Enjoy peace of mind with a newer furnace, water heater, and washer/dryer set! The bonus loft space upstairs could easily become a 5th bedroom, and leads to a large attic area for additional storage or even an at-home gym. Step downstairs to the massive unfinished basement, along with one bedroom and a full bath. The backdoor entrance leading straight to the basement stairs offers major ADU potential! There's no shortage of space for your creativity and hobbies! Huge fenced lot, new exterior paint, and a shed for outdoor storage. Secluded and quiet street, but within walking distance of Columbia park, Lombard's restaurants, coffee shops, tap houses, and more!

Details

Property type

Single Family Residence

Est. home value

$551,888

Lot size

6,098 sq ft

Price per sq ft

$173

Year built

1922

Annual property taxes

$4,562.87

Price History

08/24/2024
PortlandOR

PortlandOR #24240814

Price change
$504,900
-3.81%
07/19/2024
PortlandOR

PortlandOR #24240814

Price change
$524,900
-2.62%
06/18/2024
PortlandOR

PortlandOR #24240814

Removed
$539,000

Schools & Community

Neighborhood: 

Portsmouth

Elementary school: 

Rosa Parks

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

$44,943
Asking price
$504,900
Closing costs (~8% of asking)
-$40,392
Est. remaining loan balance
-$419,565
Cash to seller
$44,943

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

May 2021

Original loan amount

$451,250

Est. remaining balance

$419,565

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Lawrence Franklin Meadows and Lela Anne Britton

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: 09/13/2024 at 2:00 PM

Listing updated: 09/13/2024 at 2:57 AM

Listed by: Peter Gentile, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24240814

PortlandOR logo

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