tomo logo

$689,000

Beds
5
Baths
2.5
sq ft
2,850

16250 SW Palermo Ln, Portland, OR 97223

16250 SW Palermo Ln

Portland, OR 97223

  • 40 days on market
A truly remarkable home that boasts a plethora of positive attributes. Situated in a desirable neighborhood, this property presents an excellent opportunity for those seeking a beautiful and functional living space. Here, you will find a multitude of features that are sure to impress even the most discerning homebuyers. Step inside, and you will be greeted by an inviting and spacious interior. The open space layout has been thoughtfully designed to maximize both comfort and functionality. Large windows throughout flood the home with an abundance of natural light, creating a warm and welcoming atmosphere. The living spaces are both versatile and aesthetically pleasing. The living room provides an ideal setting for relaxation and entertainment, while the dining area offers a seamless flow for hosting memorable gatherings. The kitchen is a chef's dream, featuring newly installed high-end appliances, ample counter space, and modern cabinetry, making meal preparation a joyous experience. The bedrooms are generously sized and provide a peaceful retreat after a long day. The master suite is particularly noteworthy, offering a private oasis complete with a luxurious en-suite bathroom. Smart Home Devices Featured: Ring Cameras Front and Back, Garage Door opener, Sprinkler System, Nest Thermostat Control, In-Walls Surround Sound System. AC/Heat Working. 3 year warranty for moss on the roof and 7 year certificate.

Details

Property type

Single Family Residence

Est. home value

$696,459

Lot size

5,662 sq ft

Price per sq ft

$242

Year built

2003

Annual property taxes

$5,325.16

Monthly HOA fee

$40

Price History

05/28/2024
PortlandOR

PortlandOR #24455047

Listed
$689,000

Schools & Community

Elementary school: 

Mary Woodward

Middle school: 

Fowler

High school: 

Tigard

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

$425,940
Asking price
$689,000
Closing costs (~8% of asking)
-$55,120
Est. remaining loan balance
-$207,940
Cash to seller
$425,940

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2016

Original loan amount

$251,200

Est. remaining balance

$207,940

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Rami Jouni

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 12:40 PM

Listing updated: 06/06/2024 at 7:24 AM

Listed by: Roger Lowe, Lowes Flat Fee Realty A Homezu Partner Phone #: (971) 337-2400

MLS: PortlandOR #24455047

PortlandOR logo

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