tomo logo

$1,849,999

Beds
3
Baths
3.5
sq ft
4,784

1040 SW Myrtle Dr, Portland, OR 97201

1040 SW Myrtle Dr

Portland, OR 97201

  • 308 days on market
    • Price drop $148,001↓
Incredible price improvement! Perfectly positioned at the end of a quiet lane in Portland Heights, this stunning contemporary home features both privacy and spectacular mountain and downtown skyline views that are enjoyed from nearly every room! The beautifully designed interior boasts a functional, modern open floor plan with exceptional attention to detail. The elegant living room showcases new hardwood floors, extensive floor to ceiling built-ins surrounding the gas fireplace and opens to a wrap-around view deck. The newly remodeled chef's kitchen features quartz countertops, gourmet stainless steel appliances, a dry bar and eating area. The kitchen seamlessly flows to the dining and living rooms affording an abundance of natural light and views from every angle of the main floor living area. It is a true entertainers home! The primary suite on the main level is a true oasis, complete with an en-suite spa-like bathroom and walk- in closet, gas fireplace, and the convenience of a washer and dryer. On the lower level you will find a secondary primary suite, third bedroom and a spacious bonus room complete with a gas fireplace and multiple doors that open to the covered deck. The home also has ample storage, a gated entrance for added security and privacy, as well as an elevator providing accessibility between the floors. This home is conveniently located close to downtown, OHSU, parks, and trails and is situated in a top-rated school district. This truly is an exceptional view property in a prime Portland Heights location! [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10221292]

Details

Property type

Single Family Residence

Est. home value

$1,918,113

Lot size

0.23 acres

Price per sq ft

$387

Year built

1965

Annual property taxes

$27,953.03

Price History

04/01/2024
PortlandOR

PortlandOR #23640069

Price change
$1,849,999
-7.41%
03/17/2024
PortlandOR

PortlandOR #23640069

Removed
$1,998,000
03/13/2024
PortlandOR

PortlandOR #23640069

Listed
$1,998,000

Schools & Community

Neighborhood: 

Southwest Hills

Elementary school: 

Ainsworth

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

$1,023,825
Asking price
$1,849,999
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$678,174
Cash to seller
$1,023,825

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

Seller’s Loan History

Lender

Premier Mortgage Resources Llc

Loan start date

May 2021

Original loan amount

$725,000

Est. remaining balance

$678,174

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

David V Forni and Molly S Forni

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: 07/07/2024 at 7:25 PM

Listing updated: 06/04/2024 at 8:44 AM

Listed by: Christy MacColl, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #23640069

PortlandOR logo

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