tomo logo

$390,000

Beds
2
Baths
2.0
sq ft
1,319

1500 SW 5th Ave Unit 906, Portland, OR 97201

1500 SW 5th Ave Unit 906

Portland, OR 97201

  • 105 days on market
Step into urban sophistication in the heart of the coveted Arts & Cultural District at the prestigious Portland Plaza. This updated, luminous condo boasts a sleek design, flooded with natural light from a stunning wall of windows offering breathtaking views of the cityscape.The kitchen features modern finishes, stainless steel appliances, and exquisite slab granite countertops, perfect for culinary enthusiasts and entertainers alike.Retreat to the inviting Primary Suite, complete with a full bath and custom built-ins, providing both comfort and style.Indulge in the recently renovated amenities, including a sparkling pool, inviting BBQ areas, cozy fire pits, lush gardens, private parking, and the convenience of a 24-hour concierge service.Discover the ultimate urban lifestyle with shopping, dining, public transportation, and the picturesque riverfront all within easy reach.Experience sophisticated, yet effortless living at its finest in this vibrant and dynamic community. Welcome home to the Portland Plaza!

Details

Property type

Condominium

Est. home value

$410,463

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$296

Year built

1973

Annual property taxes

$6,562.44

Monthly HOA fee

$1,200

Price History

04/06/2024
PortlandOR

PortlandOR #24378001

Removed
$390,000
04/04/2024
PortlandOR

PortlandOR #24378001

Listed
$390,000
03/22/2024
PortlandOR

PortlandOR #24378001

Listed
$390,000
-3.7%

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

$61,206
Asking price
$390,000
Closing costs (~8% of asking)
-$31,200
Est. remaining loan balance
-$297,594
Cash to seller
$61,206

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2020

Original loan amount

$324,000

Est. remaining balance

$297,594

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Jason Hornung and Heather Hornung

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: 07/04/2024 at 8:10 PM

Listing updated: 05/02/2024 at 11:13 AM

Listed by: Kylie Lyons Davis, Berkshire Hathaway HomeServices NW Real Estate Phone #: (503) 292-9393

MLS: PortlandOR #24378001

PortlandOR logo

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