tomo logo

$559,000

Beds
4
Baths
2.0
sq ft
Unknown

9516 SE 74th Ave, Portland, OR 97222

9516 SE 74th Ave

Milwaukie, OR 97222

  • 2 days on market
Photos are virtually staged. Rare opportunity to own 2 living units at this price, each offering significant energy savings! This income-producing property boasts a main home featuring 2 BD/1 BA with a bonus room/office while the newly constructed 2-level ADU features an additional 2 BD/1BA, large UL loft space, and finished earthen flooring on main level. Both properties offer net zero impact; Primary home uses a reverse osmosis, mineralization, and filtration water system, while both homes feature mini-split heating/cooling units and solar electric systems. Solar panels are fully owned and do not require buyers to purchase or lease panels! EV charging station included with purchase! Buyer to verify square footage -- tax record overstates actual square footage. Main home kitchen features gas range while ADU kitchen features electric range. Enjoy the shared back yard space with apple and cherry trees, grapes, kale, and more! New attached ADU features 2 BD/1.0 BA, on-demand hot water system, solar electric, mini-split heating and cooling. See Public Remarks for more details.

Details

Property type

Single Family Residence

Est. home value

$519,400

Lot size

Unknown

Price per sq ft

Unknown

Year built

1942

Annual property taxes

$4,497.74

HOA

No

Price History

02/20/2025
PortlandOR

PortlandOR #482949387

Listed
$559,000
+72%
09/25/2020
PortlandOR

PortlandOR #20168059

Sold
$325,000

Schools & Community

Elementary school: 

Whitcomb

Middle school: 

Rowe

High school: 

Milwaukie

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

$230,564
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$283,716
Cash to seller
$230,564

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

Seller’s Loan History

Lender

Bank Of England

Loan start date

September 2020

Original loan amount

$314,153

Est. remaining balance

$283,716

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Michael Charles Esposito and Kara Cooper

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?

Status: Active

Tomo last checked: 02/22/2025 at 9:55 AM

Listing updated: 02/20/2025 at 8:13 AM

Listed by: Patrick Smith, Century 21 North Homes Realty Phone #: (503) 652-2260

MLS: PortlandOR #482949387

PortlandOR logo

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