tomo logo

$299,000

Beds
1
Baths
1.0
sq ft
Unknown

1420 NW Lovejoy St Unit 518, Portland, OR 97209

1420 NW Lovejoy St Unit 518

Portland, OR 97209

  • 22 days on market
Discover the ultimate in urban living with this stunning loft in the heart of Portland’s vibrant Pearl District. Flooded with natural light and views of the West Hills through expansive windows, this open and airy space perfectly blends modern elegance with industrial charm. High ceilings, original wood beams, and contemporary finishes create a stylish and inviting atmosphere that adapts effortlessly to your needs. The flexible floor plan offers plenty of room for entertaining, relaxing, or setting up a home office. Recent upgrades include new smart lighting, smart thermostat, and electronic door lock. Custom storage and in-unit laundry add to the unit's practicality and luxury. A large deeded parking space, with the option to add EV charging, adds even more convenience to this prime location. For safety and security, the building has secure entry, locked package room, locked bike storage, and motorcycle parking available. The dues cover maintenance, trash, sewer, and water, including hot water! 1 GB fiber optic internet is also available throughout the building for $45/month. With a Walk Score of 98 and a Bike Score of 97, you’re just steps away from the best cafes, restaurants, breweries, and parks Portland has to offer. Whether you’re seeking a lively lifestyle or a peaceful retreat, this loft offers the perfect balance. Don't miss the opportunity to live in one of Portland's most sought-after neighborhoods.

Details

Property type

Condominium

Est. home value

$287,712

Lot size

Unknown

Price per sq ft

Unknown

Year built

1910

Annual property taxes

$5,738.09

Monthly HOA fee

$630

Price History

01/31/2025
PortlandOR

PortlandOR #708539921

Listed
$299,000
+4.91%
12/19/2023
PortlandOR

PortlandOR #23517229

Sold
$285,000
-18.57%
03/19/2018
PortlandOR

PortlandOR #17640463

Sold
$350,000

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

$77,632
Asking price
$299,000
Closing costs (~8% of asking)
-$23,920
Est. remaining loan balance
-$197,448
Cash to seller
$77,632

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

December 2023

Original loan amount

$199,500

Est. remaining balance

$197,448

Interest rate

7.76%

Loan type

New Conventional, 30 year

Seller

Aristides Pereira and Sarah Schumacher

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: 02/22/2025 at 8:55 AM

Listing updated: 02/06/2025 at 3:45 PM

Listed by: Kate Uva, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #708539921

PortlandOR logo

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