tomo logo

$649,000

Beds
2
Baths
2.5
sq ft
1,248

1500 SW 11th Ave Unit 1604, Portland, OR 97201

1500 SW 11th Ave Unit 1604

Portland, OR 97201

  • 562 days on market
    • Price drop $25,000↓
The most sought-after layout in Benson Towers! This impeccable condo faces northeast and boasts a 2-bedroom plus den/office floorplan, two balconies, beautiful teak wood floors, exceptional built-ins, and includes deeded parking & storage. The Streetcar stops right outside the front door! The Walkscore is an impressive 98, steps away from PSU, the Farmer's Market, Portland Art Museum, OHSU, restaurants, and shopping. Easy freeway access to Nike and Intel! Rental cap not met. Outstanding HOA!

Details

Property type

Condominium

Est. home value

$668,488

Lot size

Unknown

Price per sq ft

$521

Year built

2006

Annual property taxes

$12,237.46

Monthly HOA fee

$825

Price History

09/10/2024
PortlandOR

PortlandOR #23516977

Listed
$649,000
09/10/2024
PortlandOR

PortlandOR #23516977

Removed
$649,000
08/04/2024
PortlandOR

PortlandOR #23516977

Listed
$649,000

Schools & Community

Neighborhood: 

Downtown

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

$296,748
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$300,332
Cash to seller
$296,748

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$345,500

Est. remaining balance

$300,332

Interest rate

3.05%

Loan type

New Conventional, 20 year

Seller

Dennis Brian Tower and Susan Ann Tower

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 6:20 PM

Listing updated: 10/05/2024 at 1:21 AM

Listed by: Kenneth Avery, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #23516977

PortlandOR logo

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