Milwaukie: Something Wrong? (Portland, Clackamas: for sale, condos, new house) - Oregon (OR) - City-Data Forum

JKA · 03-15-2009, 02:46 PM

There is a big, new house for sale in Milwaukie, 6620 Se Aldercrest Ct ,
http://www.realtor.com/realestateandhomes-detail/6620-Se-Aldercrest-Ct_Milwaukie_OR_97267_1106341885http://www.realtor.com/realestateandhomes-detail/6620-Se-Aldercrest-Ct_Milwaukie_OR_97267_1106341885 (broken link)
for what looks like a very, very low price $399,998.

Is there something wrong with Milwaukie? With the part of town the
house is in? With the immediate neighborhood? I can't tell from all the aerial/satellite picture sites whether the house is surrounded by strip malls, homes, steel mills or warehouses?

Can anyone help me understand this?

Thanks

JKA

PNW-type-gal · 03-15-2009, 02:59 PM

If you go up on zillow and look at the area (keeping in mind that zillow hasn't been particulary accurate since before the housing crash, and there are those who said it wasn't before anyway), it's actually a tad overpriced for the area. It also looks like a failed subdivision, guessing about the open land around it and the one similar house also for sale nearby.

Minervah · 03-15-2009, 09:15 PM

I have always like Milwaukie. I think the lowered cost of the house is just a sign of the times. This sounds like a subdivision that is not as well developed as the town itself.

Beat02 · 03-16-2009, 05:43 AM

Milwaukie is plenty nice for a suburb. Not like high class nice, but just pleasant.

BLAZER PROPHET · 03-16-2009, 09:09 AM

I work in Milwaukie and while some new condos have been built downtown, they only gave 1 parking space per unit, so people are parking in neighborhoods, downtown... The downtown area is closing up. Many businesses are gone. Overall, it's an OK area. The areas east of River Rd are especially nice.

ksucher · 03-16-2009, 11:07 AM

Price is less than what is owed, signs of the times is right, originally listed in May of 2008 for $725,000!!! It has been on the market since then, looks like a nice home on a large lot.

EnricoV · 03-16-2009, 02:56 PM

Downtown Milwaukie doesn't exist as the nice little town it once was. They killed it about 30 years ago, and now it really exists just as a suburb. But I think it's a great area. Like any town, some areas aren't so great. But I've always thought it was one of the more affordable nice areas left in the Portland area. But I'm prejudiced, since I grew up there, and most of my family is still there.

The property listed is in a very nice area. It's all residential, and is at the base of a hill (to the west), so it'd be unlikely to become overgrown. It looks like it's in one of the last holdout farmlands. It's a good school district, nice pretty quiet neighborhood. And has easy access to I-205. Only thing I'd look out for is it's along Kellogg Creek. There's an outside chance water could be an issue.

JKA · 03-19-2009, 12:12 AM

Thank you all for your information. House hunting from 600 miles away is not easy.

ceeglass · 03-21-2009, 04:38 PM

JKA - You need to drive through Milwaukie. It does have a few well kept bucolic looking areas, but emphasis on FEW. Drive down McLoughlin and it looks like no thought, no expense, no regulation was ever heard of or enforced. Very tacky looking.

EnricoV · 03-22-2009, 01:39 PM

Quote:

Originally Posted by ceeglass

JKA - You need to drive through Milwaukie. It does have a few well kept bucolic looking areas, but emphasis on FEW. Drive down McLoughlin and it looks like no thought, no expense, no regulation was ever heard of or enforced. Very tacky looking.

That's ridiculous. It's like saying judge all of Portland by driving down 82nd. McLoughlin doesn't have houses on it. It's a commercial strip, and looks like it. Besides which, very little of McLoughlin actually runs through the city of Milwaukie. The rest is unincorporated Clackamas County. And even that, I wouldn't call tacky.