tomo logo

$675,000

Beds
1
Baths
2.0
sq ft
1,689

1400 NW Irving St Unit 721, Portland, OR 97209

1400 NW Irving St Unit 721

Portland, OR 97209

  • 46 days on market
Enjoy everything the Pearl District offers in the iconic and historic Avenue Lofts, built in 1923 and converted from the Meier & Frank department store warehouse into contemporary lofts in 2004. With award-winning restaurants, boutiques, Whole Foods, and entertainment immediately out your front door, you won't have any reason to leave the house by car! Soaring West Hills views through the wall of windows immediately greet you upon entering the open-concept kitchen, dining room, and living room. The 1,689 square foot two-story unit is located on the top level of the building and includes a loft-style bedroom and two full bathrooms. With the kitchen and bathrooms updated in 2020, this unit is rare as it aligns with today's modern design aesthetics and function. Appreciate the extended kitchen, allowing additional counter and storage space and luxury upgrades like a Sub-Zero refrigerator, Fulgor Milano gas range, Bosch dishwasher, and wine refrigerator. Escape to the upstairs primary suite, with additional flex space for an office/sitting room and an expansive walk-in closet. Appreciate the common amenities like a shared space atrium with BBQs perfect for entertaining, or check out the on-site weight room. This unit includes a deeded, secure parking space and storage.

Details

Property type

Condominium

Est. home value

$669,754

Lot size

Unknown

Price per sq ft

$400

Year built

1923

Annual property taxes

$12,657.8

Monthly HOA fee

$1,014

Price History

09/01/2024
PortlandOR

PortlandOR #24340076

Removed
$675,000
08/23/2024
PortlandOR

PortlandOR #24340076

Listed
$675,000
08/21/2024
PortlandOR

PortlandOR #24340076

Listed
$675,000
+26.76%

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

$299,054
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$321,946
Cash to seller
$299,054

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

August 2020

Original loan amount

$420,922

Est. remaining balance

$321,946

Interest rate

2.58%

Loan type

New Conventional, 15 year

Seller

Charles Christian Koole and Nikki Santos Diman

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 9:30 PM

Listing updated: 09/04/2024 at 11:48 AM

Listed by: Declan O'Connor, Cascade Hasson Sotheby's International Realty Phone #: (503) 228-9801

MLS: PortlandOR #24340076

PortlandOR logo

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