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$639,000

Beds
3
Baths
2.0
sq ft
1,652

1815 SW 16th Ave Unit 401, Portland, OR 97201

1815 SW 16th Ave Unit 401

Portland, OR 97201

  • 85 days on market
    • Price drop $20,000↓
    • Open house Oct 06
Open House Oct 6th Noon to 2 pm. Seller just reduced price by $20K and added a BONUS - Seller will pay your first years HOA fees. Experience unparalleled urban living in this corner unit on the top floor, offering breathtaking panoramic views of Mt. St. Helens, Mt. Hood, and beyond. This 3-bedroom, 2.5-bathroom residence is bathed in abundant natural light and showcases top-of-the-line fixtures and finishes throughout. Recently upgraded with new wood floors, the home features spa-inspired bathrooms and a meticulously designed office build-out by California Closets, complete with a convenient Murphy Bed. Ample storage space and two deeded parking spots add to the convenience and value of this immaculately maintained unit. Ideal for those seeking luxury and comfort in a prime location, this home is move-in ready and promises an exceptional living experience in our beautiful city, with each season offering its own spectacular views.

Details

Property type

Condominium

Est. home value

$653,079

Lot size

Unknown

Price per sq ft

$387

Year built

2000

Annual property taxes

$10,064.65

Monthly HOA fee

$726

Price History

08/28/2024
PortlandOR

PortlandOR #24563873

Price change
$639,000
-3.03%
08/20/2024
PortlandOR

PortlandOR #24563873

Price change
$659,000
-1.49%
07/13/2024
PortlandOR

PortlandOR #24563873

Listed
$669,000
+10.58%

Schools & Community

Neighborhood: 

Goose Hollow

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

$386,658
Asking price
$639,000
Closing costs (~8% of asking)
-$51,120
Est. remaining loan balance
-$201,222
Cash to seller
$386,658

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

Seller’s Loan History

Lender

Acc Mortgage Inc

Loan start date

December 2022

Original loan amount

$205,000

Est. remaining balance

$201,222

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Kimberly Ann Cowherd and Kimberly Ann Cowherd Rlt

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 9:20 PM

Listing updated: 10/02/2024 at 10:59 AM

Listed by: Michael Bivens, Bridgetown Equity Prop LLC Phone #: (503) 475-3333

MLS: PortlandOR #24563873

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