tomo logo

$1,775,000

Beds
3
Baths
3.5
sq ft
Unknown

1040 SW Myrtle Dr, Portland, OR 97201

1040 SW Myrtle Dr

Portland, OR 97201

  • 7 days on market
    • Open house Mar 15
Breathtaking unobstructed views & unparalleled gated privacy await. Experience luxury living at its finest in this beautiful Portland Heights home. Perched high above the city, this exceptional residence boasts panoramic views of the city, river, and mountains—creating an awe-inspiring backdrop to your everyday life. Step into the stately foyer, where a dramatic wall of windows immediately captivates, seamlessly blending indoor elegance with the beauty of nature. Designed for effortless living and exceptional entertaining, the open-concept main level features hardwood floors that flow through the sophisticated living, dining, and kitchen areas. The living room is a masterpiece of comfort, complete with built-ins, a cozy gas fireplace, and access to the expansive wraparound deck—perfect for sunset toasts or morning tranquility. The formal dining area is as grand as your imagination, offering a setting for intimate dinners or large gatherings. At the heart of this home, a newly renovated chef’s kitchen dazzles with classic white cabinetry, gleaming quartz countertops, a stunning wall of counter-to-ceiling tiles, and automated blinds. High-end appliances, including a gas cooktop, double ovens, and a Subzero refrigerator, elevate the culinary experience, while the dry bar and sunlit nook provide the perfect finishing touches. The main-floor primary suite is a retreat, with deck access, a warm fireplace, and abundant closets. The en-suite bath features dual vanities, a walk-in shower, discreet laundry area for ultimate convenience, and more closets. A stylish half bath completes the main level. The lower level is a haven of its own, with a spacious family room with a fireplace and opening to covered decks for year round enjoyment, an en-suite bedroom with a fireplace, a third bedroom and full bath, plus a large laundry room and extensive storage space. For added accessibility, an elevator ensures effortless movement between levels. Come see for yourself. [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

Property condition

Updated/Remodeled

Lot size

0.23 acres

Price per sq ft

Unknown

Year built

1965

Annual property taxes

$29,070.64

HOA

No

Price History

03/07/2025
PortlandOR

PortlandOR #386763377

Listed
$1,775,000
-4.05%
09/25/2024
PortlandOR

PortlandOR #23640069

Removed
$1,849,999
04/01/2024
PortlandOR

PortlandOR #23640069

Price change
$1,849,999
-7.41%

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

$965,568
Asking price
$1,775,000
Closing costs (~8% of asking)
-$142,000
Est. remaining loan balance
-$667,432
Cash to seller
$965,568

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

$667,432

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?

Status: Active

Tomo last checked: 03/14/2025 at 1:15 AM

Listing updated: 03/13/2025 at 5:10 AM

Listed by: Linda Heinrichs, Keller Williams Realty Portland Premiere Phone #: (503) 597-2444

MLS: PortlandOR #386763377

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