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$1,240,000

Beds
5
Baths
4.0
sq ft
3,684

1234 SW 57th Ave, Portland, OR 97221

1234 SW 57th Ave

Portland, OR 97221

  • 167 days on market
    • Price drop $50,000↓
Discover your perfect home in Sylvan Highlands. This fully remodeled gem has 5 bedrooms, 4 full bathrooms, which includes a separate guest apartment for visitors or short-term rental opportunity. Step into the bright, open living area with vaulted ceilings, hardwood floors and abundant natural light. The gourmet kitchen features top-of-the-line appliances and a large center island, ideal for entertaining. Enjoy seamless indoor-outdoor living with an expansive deck with SW views, perfect for gatherings. The primary suite offers a private retreat with a luxurious en-suite bathroom, ample closet space with it's own laundry and deck. Located in a tranquil, tree-lined neighborhood with easy access to top-rated schools and vibrant city life, this home is perfect for those who appreciate luxury and love to entertain. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10230322]

Details

Property type

Single Family Residence

Est. home value

$1,273,827

Lot size

0.56 acres

Price per sq ft

$337

Year built

1968

Annual property taxes

$13,797.95

Price History

12/03/2024
PortlandOR

PortlandOR #24032539

Price change
$1,240,000
-3.88%
09/19/2024
PortlandOR

PortlandOR #24032539

Price change
$1,290,000
-5.15%
07/17/2024
PortlandOR

PortlandOR #24032539

Listed
$1,360,000

Schools & Community

Neighborhood: 

Sylvan Highlands

Elementary school: 

Bridlemile

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

$383,287
Asking price
$1,240,000
Closing costs (~8% of asking)
-$99,200
Est. remaining loan balance
-$757,513
Cash to seller
$383,287

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

August 2020

Original loan amount

$835,000

Est. remaining balance

$757,513

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Jacek Materna and Colleen Materna

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: 12/22/2024 at 9:10 AM

Listing updated: 12/19/2024 at 9:12 PM

Listed by: Michele Shea-han, ELEETE Real Estate Phone #: (503) 292-1500

MLS: PortlandOR #24032539

PortlandOR logo

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