tomo logo

$325,000

Beds
1
Baths
1.0
sq ft
1,085

1500 SW 5th Ave Unit 101, Portland, OR 97201

1500 SW 5th Ave Unit 101

Portland, OR 97201

  • 84 days on market
    • Price drop $4,000↓
    • Open house Nov 10
This special condo unit at the Portland Plaza is waiting for you to make it yours. The dramatic high ceiling with a wall of windows brings in plenty of natural light, accompanied by a serene view of the lush, tranquil landscape of Portland. The unit is move-in ready with all new modern flooring, remodeled spa-like bathroom and large bedroom. Got wall art? Decorate these canvas like walls with all your favorite pictures, photos and/or paintings. The iconic Portland Plaza offers many amenities including 24-hour concierge/security, on-site management team, beautifully appointed library, fully equipped gym and a party room with a full kitchen set up. Offering a full city block of outdoor fun space with covered BBQ stations, herb garden, multiple outdoor sitting areas, outdoor fireplace and swimming pool for all year-round convenience. Ideally situated in the Cultural District, it is a great opportunity to explore PSU, Arts & culture, many restaurants including food carts, parks and shopping. Make this one level living with no stairs and no elevator condo unit yours today! Seller is offering incentives! Call listing agent for more information!

Details

Property type

Condominium

Est. home value

$341,015

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$300

Year built

1973

Annual property taxes

$6,037.68

Monthly HOA fee

$984

Price History

10/24/2024
PortlandOR

PortlandOR #24618507

Price change
$325,000
-1.22%
09/01/2024
PortlandOR

PortlandOR #24618507

Removed
$329,000
08/31/2024
PortlandOR

PortlandOR #24618507

Listed
$329,000

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

$67,811
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$231,189
Cash to seller
$67,811

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

Seller’s Loan History

Lender

Synergy One Lending

Loan start date

July 2020

Original loan amount

$254,400

Est. remaining balance

$231,189

Interest rate

3.28%

Loan type

New Conventional, 30 year

Seller

Andree Pollock and Colleen Pollock

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: 11/08/2024 at 12:35 PM

Listing updated: 11/07/2024 at 9:31 AM

Listed by: Sohee Anderson, Where, Inc Phone #: (503) 222-4373

MLS: PortlandOR #24618507

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