tomo logo

$269,900

Beds
1
Baths
1.0
sq ft
779

1420 NW Lovejoy St Unit 626, Portland, OR 97209

1420 NW Lovejoy St Unit 626

Portland, OR 97209

  • 89 days on market
    • Price drop $29,100↓
Welcome to 1420 NW Lovejoy Unit 626, a charming one-bedroom, one-bathroom historic condo in the iconic Marshall Wells Building. This unit exudes character with its high ceilings, cork floors, and huge windows that flood the space with natural light. The open concept layout seamlessly connects the living, dining, and kitchen areas, ideal for modern living and entertaining. Additional conveniences include in-unit laundry, a custom closet system, air conditioning, and views of the interior courtyard. With just under 800 square feet of living space and deeded parking, this condo offers both comfort and practicality. Located in the heart of NW Portland and the Pearl District, you'll be within walking distance to a variety of coffee shops, restaurants, local shops and grocery stores, providing an unparalleled urban lifestyle.

Details

Property type

Condominium

Est. home value

$332,977

Lot size

Unknown

Price per sq ft

$347

Year built

1910

Annual property taxes

$5,365.17

Monthly HOA fee

$561

Price History

09/29/2024
PortlandOR

PortlandOR #24513785

Price change
$269,900
-9.73%
08/20/2024
PortlandOR

PortlandOR #24513785

Removed
$299,000
08/11/2024
PortlandOR

PortlandOR #24513785

Listed
$299,000

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

$25,004
Asking price
$269,900
Closing costs (~8% of asking)
-$21,592
Est. remaining loan balance
-$223,304
Cash to seller
$25,004

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

January 2022

Original loan amount

$236,600

Est. remaining balance

$223,304

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Diane Schimmel

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 9:25 PM

Listing updated: 10/03/2024 at 9:19 AM

Listed by: Ciji Dieringer, John L. Scott Portland Central Phone #: (503) 230-8600

MLS: PortlandOR #24513785

PortlandOR logo

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