tomo logo

$425,000

Beds
1
Baths
2.0
sq ft
1,121

1030 NW 12th Ave Unit 523, Portland, OR 97209

1030 NW 12th Ave Unit 523

Portland, OR 97209

  • 167 days on market
    • Price drop $40,000↓
This bright and airy Penthouse in the North Pearl District is an opportunity Providing stunning views of the city over a private courtyard, this urban loft offers a versatile layout on two levels. The main living area features high ceilings, a modern gas fireplace, and a Juliet balcony. The primary bedroom suite impresses with vaulted ceilings, cityscape views, and a spacious balcony. Enjoy the convenience of a generously sized bathroom, and a large walk-in closet. The community amenities, including a gym, meeting room, and shared courtyard, add to the appeal. Plus, recent upgrades like new roof and decks enhance the living experience. Located near premier dining, grocery stores, and entertainment, this Penthouse is ideally positioned. Deeded parking and storage make this property even more enticing. Don't miss the opportunity to call this Penthouse your home!

Details

Property type

Condominium

Est. home value

$518,069

Lot size

Unknown

Price per sq ft

$380

Year built

2001

Annual property taxes

$8,225.51

Monthly HOA fee

$756

Price History

10/07/2024
PortlandOR

PortlandOR #24380460

Price change
$425,000
-8.6%
10/07/2024
PortlandOR

PortlandOR #24380460

Removed
$465,000
08/15/2024
PortlandOR

PortlandOR #24380460

Price change
$465,000
-6.06%

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

-$3,001
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$394,001
Cash to seller
-$3,001

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

Seller’s Loan History

Lender

First Technology Federal Cu

Loan start date

December 2020

Original loan amount

$432,000

Est. remaining balance

$394,001

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Samuel Lo and Polly Ames Bovarnick

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: 11/05/2024 at 3:20 PM

Listing updated: 10/08/2024 at 3:17 AM

Listed by: Erika Wrenn, Where, Inc Phone #: (503) 222-4373

MLS: PortlandOR #24380460

PortlandOR logo

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