tomo logo

$1,499,000

Beds
2
Baths
2.5
sq ft
Unknown

1025 NW Couch St Unit 1415, Portland, OR 97209

1025 NW Couch St Unit 1415

Portland, OR 97209

  • 217 days on market
Dramatic Price Drop! Experience the best of luxury urban living in this one-of-a-kind penthouse located in the coveted Gold LEED Certified Henry Building. This exceptional condo is unlike any other with custom, matte black millwork throughout plus opulent fixtures creating a swanky, vintage feel that uniquely blends with the building's contemporary design. Ten-foot ceilings & floor to ceiling windows usher in natural light & expansive northern views of the city plus the West Hills, St. Johns Bridge and Mt. St. Helens. The Gourmet kitchen opens to the living & dining room & enjoys sweeping panoramic views. The perfect space for gatherings & entertaining w/ a large island, Viking appliances, granite countertops & built in wine fridge. The living room has a nook area perfect for a home office or reading area. It leads to the spacious covered patio. The primary suite includes a fireplace, access to the covered patio & walk-in closet. The elegant, attached bathroom has double sinks, a tiled walk-in shower, soaking tub & high-end fixtures. The 2nd bedroom is ideally located on the opposite end of the home & has its own attached suite w/ walk in shower. Two deeded, side by side parking spaces w/ EV outlet. Located in the middle of the vibrant Pearl District just steps away from Powell's bookstore, Whole Foods, shopping & restaurants. On site Concierge. Seller open to discussing condo trade options.

Details

Property type

Condominium

Est. home value

$1,540,219

Lot size

Unknown

Price per sq ft

Unknown

Year built

2004

Annual property taxes

$25,599.29

Monthly HOA fee

$1,701

Price History

12/04/2024
PortlandOR

PortlandOR #24168046

Price change
$1,499,000
-9.15%
11/06/2024
PortlandOR

PortlandOR #24168046

Removed
$1,650,000
10/31/2024
PortlandOR

PortlandOR #24168046

Listed
$1,650,000

Schools & Community

Neighborhood: 

Pearl District

Elementary school: 

Chapman

Middle school: 

West Sylvan

High school: 

Lincoln

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

$644,291
Asking price
$1,499,000
Closing costs (~8% of asking)
-$119,920
Est. remaining loan balance
-$734,789
Cash to seller
$644,291

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

January 2024

Original loan amount

$766,550

Est. remaining balance

$734,789

Interest rate

6.29%

Loan type

New Conventional, 15 year

Seller

Joseph Alan Stipek

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: 02/05/2025 at 12:00 PM

Listing updated: 01/20/2025 at 9:01 PM

Listed by: Jeanie Williams, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 624-9660

MLS: PortlandOR #24168046

PortlandOR logo

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