tomo logo

$495,000

Beds
2
Baths
2.0
sq ft
1,536

1616 S Harbor Way Unit 604, Portland, OR 97201

1616 S Harbor Way Unit 604

Portland, OR 97201

  • 513 days on market
    • Price drop $110,000↓
Riverside Top floor penthouse - $110k decrease - Make an offer before this ones gone!!! 2 bed, 2 bath, 1536sqft with garage and parking for 2! No stairs required - elevator from garage to unit OR front entry to elevator.Light filled open floor plan with river, bridge & city views from every window. 2 private balconies with access from both bedrooms, living room and family room. Each balcony has a built in awning with remotes. The living room has vaulted ceilings, built-in surround sound, skylight, views, balcony access and fireplace. Family room has vaulted ceilings, built-in surround sound, skylight and balcony access with views. The Custom kitchen has plenty of counter and cabinet space, island bar, recessed and under cabinet lighting, built-in appliances and desk area. Cabinets are soft shut with built in drawers and thoughtful storage design. The 1st bedroom comes with a walk-in closet, storage closet and balcony access. Just off the hall is a full bathroom and laundry area. The primary bedroom has lots of closet space, ceiling fan, balcony access and private suite with custom shower, walls of closets with built-ins and storage. This unit comes with 2 garage spaces and 2 combined storage units. Kayak and bike storage are available. Easy access with no steps from garage to elevator and unit.Riverplace marina moments away to dock your boat or boat rentals near by! Enjoy the beautiful paths off the water or have a seat and enjoy the certified backyard habitat built within the court yard. Moments from everything: food, shopping, dining, education, transportation, hwy access, bus line, employment and entertainment. Step outside to the Portland Waterfront and enjoy events all year long.

Details

Property type

Condominium

Est. home value

$612,234

Lot size

Unknown

Price per sq ft

$323

Year built

1986

Annual property taxes

$10,269.28

Monthly HOA fee

$1,272

Price History

08/27/2024
PortlandOR

PortlandOR #23460813

Listed
$495,000
08/20/2024
PortlandOR

PortlandOR #23460813

Removed
$495,000
08/08/2024
PortlandOR

PortlandOR #23460813

Pending
$495,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Ainsworth

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

$58,239
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$397,161
Cash to seller
$58,239

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

Seller’s Loan History

Lender

Bmo Harris Bank Na

Loan start date

March 2022

Original loan amount

$461,250

Est. remaining balance

$397,161

Interest rate

2.8%

Loan type

New Conventional, 15 year

Seller

Kenneth Stanley Hall

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: 10/05/2024 at 11:35 PM

Listing updated: 10/04/2024 at 7:34 AM

Listed by: Harlow Vernwald, Projection Realty Phone #: (503) 757-6016

MLS: PortlandOR #23460813

PortlandOR logo

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