tomo logo

$1,175,000

Beds
2
Baths
2.0
sq ft
1,942

1414 SW 3rd Ave Unit 2101, Portland, OR 97201

1414 SW 3rd Ave Unit 2101

Portland, OR 97201

  • 390 days on market
    • Price drop $25,000↓
you were looking at the nicest building in the Pearl but didn't like the $2,000,000 price tag now you can have it (and more) for much less! 20-30% less!!! Pedini Cabinets, Miele Steam Oven, Built in Miele coffee maker, wine fridge, contemporary fireplace,3/4" US made wide plank hardwoods and those VIEWS!!! The most stunning remodel in KOIN Tower. Mt Hood, Mt St. Helens, Tilikum Crossing and city lights...it's a WOW!

Details

Property type

Condominium

Est. home value

$1,669,994

Lot size

Unknown

Price per sq ft

$606

Year built

1985

Annual property taxes

$15,128.91

Monthly HOA fee

$1,633

Price History

09/16/2024
PortlandOR

PortlandOR #23644793

Price change
$1,175,000
-2.08%
07/11/2024
PortlandOR

PortlandOR #23644793

Listed
$1,200,000
07/11/2024
PortlandOR

PortlandOR #23644793

Removed
$1,200,000

Schools & Community

Neighborhood: 

Downtown

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

$592,031
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$488,969
Cash to seller
$592,031

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

February 2021

Original loan amount

$550,000

Est. remaining balance

$488,969

Interest rate

2.67%

Loan type

New Conventional, 25 year

Seller

Gearhart Land & Capital Llc

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: 11/22/2024 at 12:30 PM

Listing updated: 09/16/2024 at 12:29 PM

Listed by: Brad Golik, LUXE Forbes Global Properties Phone #: (503) 389-2112

MLS: PortlandOR #23644793

PortlandOR logo

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