tomo logo

$299,500

Beds
1
Baths
1.0
sq ft
747

1400 NW Irving St Unit 602, Portland, OR 97209

1400 NW Irving St Unit 602

Portland, OR 97209

  • 50 days on market
    • Price drop $18,000↓
Enjoy the feel of a stylish NYC artist's loft at a fraction of the price. This sophisticated condo in The Pearl's Avenue Lofts is filled with natural light thanks to a wall of gorgeous windows and high ceilings. The sleek kitchen includes modern appliances and blonde wood cabinetry that matches the impeccable floors. Washer and dryer included. Option to buy the unit furnished for an additional $10k. No car necessary for urban adventures to some of the city's best dining, shopping, Timbers and Thorns matches, and more. Road trips are also easy thanks to secure deeded parking near the elevator. The striking building is one of the neighborhood's historic converted warehouses and offers great amenities, including a gym and beautiful interior bamboo courtyard. Prime Downtown location also near picturesque Jamison Park, NW 23rd, and countless other exciting Portland destinations.

Details

Property type

Condominium

Est. home value

$316,943

Lot size

Unknown

Price per sq ft

$401

Year built

1923

Annual property taxes

$5,229.6

Monthly HOA fee

$421

Price History

06/11/2024
PortlandOR

PortlandOR #24561983

Price change
$299,500
-5.67%
05/16/2024
PortlandOR

PortlandOR #24561983

Listed
$317,500
-0.78%
10/23/2019
PortlandOR

PortlandOR #19220591

Sold
$320,000

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

$43,825
Asking price
$299,500
Closing costs (~8% of asking)
-$23,960
Est. remaining loan balance
-$231,715
Cash to seller
$43,825

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

Seller’s Loan History

Lender

Lpmc Llc

Loan start date

October 2019

Original loan amount

$256,000

Est. remaining balance

$231,715

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

William W Swift and Susan M Swift

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: 07/04/2024 at 8:35 PM

Listing updated: 06/11/2024 at 4:53 PM

Listed by: Beth Benner, Living Room Realty Phone #: (503) 719-5588

MLS: PortlandOR #24561983

PortlandOR logo

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