tomo logo

$555,000

Beds
1
Baths
2.0
sq ft
1,076

1030 NW 12th Ave Unit 525, Portland, OR 97209

1030 NW 12th Ave Unit 525

Portland, OR 97209

  • 194 days on market
    • Price drop $5,000↓
Discover the epitome of urban sophistication in this in the iconic Street Car Lofts top floor industrial 1BR/2BA loft. This unit is complete with interior storage areas and washer/dryer. Enjoy this unit's seamless fusion of industrial aesthetics with contemporary elegance, soaring ceilings, and expansive windows that bathe the space in natural light with private patio on main level and bedroom loft. Beyond its stylish interior, this residence includes amenities for the modern urban dweller. Enjoy the convenience of secure entry and parking, providing peace of mind and ease of access. Located in the heart of the Pearl district. Enter the tranquil courtyard oasis, perfect for relaxation or social gatherings. Stay active and energized with exclusive access to the on-site fitness center, equipped with top-of-the-line facilities. Experience the vibrant pulse of city living while enjoying the serenity of your own private retreat. This building has a completed new roof and several other upgrades and longevity repairs. **Seller has paid HOA assessment in full**.

Details

Property type

Condominium

Est. home value

$513,317

Lot size

Unknown

Price per sq ft

$516

Year built

2001

Annual property taxes

$8,297.9

Monthly HOA fee

$726

Price History

07/18/2024
PortlandOR

PortlandOR #24510658

Price change
$555,000
-0.89%
03/26/2024
PortlandOR

PortlandOR #24510658

Listed
$560,000
+5.66%
02/11/2022
PortlandOR

PortlandOR #21223684

Sold
$530,000
+15.59%

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

$134,885
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$375,715
Cash to seller
$134,885

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

February 2022

Original loan amount

$397,500

Est. remaining balance

$375,715

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Eric Barnhart and Jodi Barnhart

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: 10/05/2024 at 8:05 PM

Listing updated: 09/27/2024 at 10:49 AM

Listed by: Kris Cochran, Cochran Property Group Inc. Phone #: (503) 663-8343

MLS: PortlandOR #24510658

PortlandOR logo

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