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$415,000

Beds
2
Baths
2.0
sq ft
722

1500 SW 11th Ave Unit 802, Portland, OR 97201

1500 SW 11th Ave Unit 802

Portland, OR 97201

  • 158 days on market
    • Price drop $9,000↓
Don't miss out on this amazing condo! Prime location with designated parking, storage space, and fantastic HOA amenities. Enjoy stunning city views and tons of natural light in this 2-bed, 2-bath beauty with new carpet and interior paint. Elegant living space with a private balcony to enjoy, washer/dryer in unit, and the kitchen boasts granite countertops, stainless steel appliances including a gas stove, new fridge and new dishwasher! Owner's chambers feature a private suite and walk-in closet. A true gem!

Details

Property type

Condominium

Est. home value

$399,143

Lot size

Unknown

Price per sq ft

$575

Year built

2006

Annual property taxes

$5,967.23

Monthly HOA fee

$642

Price History

06/27/2024
PortlandOR

PortlandOR #24125254

Price change
$415,000
-2.12%
03/21/2024
PortlandOR

PortlandOR #24125254

Price change
$424,000
-3.42%
02/01/2024
PortlandOR

PortlandOR #24125254

Listed
$439,000
+4.52%

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

$35,233
Asking price
$415,000
Closing costs (~8% of asking)
-$33,200
Est. remaining loan balance
-$346,567
Cash to seller
$35,233

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 Technology Federal Cu

Loan start date

July 2020

Original loan amount

$378,000

Est. remaining balance

$346,567

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Ryan Mckenzie Ruark

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: 07/07/2024 at 8:15 PM

Listing updated: 06/27/2024 at 3:33 PM

Listed by: Jordan Matin, Matin Real Estate Phone #: (503) 447-3599

MLS: PortlandOR #24125254

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