tomo logo

$550,000

Beds
1
Baths
1.5
sq ft
1,098

1600 Pearl St Unit 205, Eugene, OR 97401

1600 Pearl St Unit 205

Eugene, OR 97401

  • Pending
    • Price drop $50,000↓
Welcome to condo 205 in "The Midtown" Eugene's premier condo development. This condo is solid concrete between floors giving it that extra peace in an already tranquil building. Outfitted with touches like black-out blinds and other smart home features. This home is also available with most of the furnishings included so all you need is your toothbrush and it's ready to call home!!!

Details

Property type

Condominium

Est. home value

$511,943

Lot size

Unknown

Price per sq ft

$501

Year built

2020

Annual property taxes

$6,711.04

Monthly HOA fee

$519

Price History

05/30/2024
PortlandOR

PortlandOR #24586445

Pending
$550,000
05/17/2024
PortlandOR

PortlandOR #24586445

Price change
$550,000
-8.33%
04/12/2024
PortlandOR

PortlandOR #24586445

Listed
$600,000

Schools & Community

Neighborhood: 

West University

Elementary school: 

Edison

Middle school: 

Roosevelt

High school: 

South Eugene

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

Response time: 20 min or less

or text or call (404) 738-5385

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

$97,399
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$408,601
Cash to seller
$97,399

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

July 2022

Original loan amount

$420,000

Est. remaining balance

$408,601

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Mark S Beauchamp and Mary Ann Beauchamp

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: Pending/Under Contract

Tomo last checked: 06/02/2024 at 12:35 PM

Listing updated: 06/02/2024 at 1:25 AM

Listed by: Aaron Bloom, Windermere RE Lane County Phone #: (541) 484-2022

MLS: PortlandOR #24586445

PortlandOR logo

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