tomo logo

$599,000

Beds
2
Baths
2.0
sq ft
1,051

1500 SW 11th Ave Unit 2401, Portland, OR 97201

1500 SW 11th Ave Unit 2401

Portland, OR 97201

  • 27 days on market
Enjoy both sunrise and sunset in this rare and contemporary south-facing condominium located in the Cultural District! Spanning the entire southern length of the building, this 2 bed, 2 bath condo plus office offers 270-degree views, including Mt. Hood, the river, and bridges. It features hardwood flooring, a rare 30-foot east-facing private balcony, perfect for enjoying all summer without the intense heat of the western sun, a deeded parking space, and ample storage. With the Streetcar at your front door and a Walk Score of 98, you're only steps away from PSU, two Farmer's Markets, the Portland Art Museum, theaters, restaurants, shopping, and more! Plus, enjoy easy freeway access to Intel and Nike.

Details

Property type

Condominium

Est. home value

$625,568

Lot size

Unknown

Price per sq ft

$570

Year built

2006

Annual property taxes

$10,825.34

Monthly HOA fee

$771

Price History

06/10/2024
PortlandOR

PortlandOR #24549910

Listed
$599,000
-5.67%
01/20/2022
PortlandOR

PortlandOR #21452731

Sold
$635,000

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

$406,423
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$144,657
Cash to seller
$406,423

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

Seller’s Loan History

Lender

Usa Direct Funding

Loan start date

December 2011

Original loan amount

$200,000

Est. remaining balance

$144,657

Interest rate

4.1%

Loan type

New Conventional, 30 year

Seller

Sally A Jepson and Lynn S Lippert

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: 07/07/2024 at 4:50 PM

Listing updated: 07/07/2024 at 2:20 AM

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

MLS: PortlandOR #24549910

PortlandOR logo

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