tomo logo

$425,000

Beds
2
Baths
1.5
sq ft
Unknown

16550 SW Monaco Ln, Portland, OR 97224

16550 SW Monaco Ln

Portland, OR 97224

  • 3 days on market
Don't miss this tastefully updated townhome situated on one of the largest lots in the sought after King City Community! The open concept floorplan provides 2 bedrooms and 1.5 bathrooms across a spacious 1,196 square foot living space. Flooded with natural light and complimented by soaring vaulted ceilings, the living and dining area flows seamlessly to the expansive, partially fenced back yard. Inside you are greeted by countless updates, including brand new flooring throughout, an updated kitchen with stainless steel appliances, and updated bathrooms. Bonus, No Carpets! The primary bedroom features an ensuite and walk in closet, and the second bedroom has convenient access to the covered patio. With no stone left unturned in updates, an attached 2 car garage, expansive low maintenance yard, and access to incredible HOA amenities like a recreation center, pool, clubhouse and more, this property has it all! Take a look today!

Details

Property type

Townhouse

Est. home value

$402,655

Property condition

Updated/Remodeled

Lot size

6,098 sq ft

Price per sq ft

Unknown

Year built

1970

Annual property taxes

$3,399.45

Monthly HOA fee

$71.67

Price History

03/27/2025
PortlandOR

PortlandOR #510154226

Listed
$425,000
+30.77%
12/12/2022
PortlandOR

PortlandOR #22624803

Sold
$325,000

Schools & Community

Elementary school: 

Other

Middle school: 

Other

High school: 

Other

Senior community center: 

Yes

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

$105,568
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$285,432
Cash to seller
$105,568

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

December 2022

Original loan amount

$292,500

Est. remaining balance

$285,432

Interest rate

6.94%

Loan type

New Conventional, 30 year

Seller

Peter Michael Eckert

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?

Status: Active

Tomo last checked: 03/31/2025 at 2:00 AM

Listing updated: 03/31/2025 at 12:33 AM

Listed by: Michelle Loggins, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #510154226

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