tomo logo

$350,000

Beds
2
Baths
2.0
sq ft
1,050

1816 SW 18th Ave Unit 1, Portland, OR 97201

1816 SW 18th Ave Unit 1

Portland, OR 97201

  • 98 days on market
    • Price drop $5,000↓
NEW PRICE! Great opportunity to own in sought-after Goose Hollow neighborhood. And priced to move! This great 2-story condo has so much to offer. Lots of natural light, end unit, large private front deck, attached garage, and open floor plan on both floors. Main floor features an open kitchen, slider to deck, full bath, laundry, and bedroom/office. The upper level lives large with its open floor plan, high ceilings, loads of light, and large primary suite with area for desk/workout space, and walk-through closet. Great location just blocks from the PSU farmers market, shopping, restaurants, downtown. This would make a great home or investment property. HOA allows for 3 rentals, and currently has only 2 rented. A must see.

Details

Property type

Condominium

Est. home value

$358,126

Lot size

Unknown

Price per sq ft

$334

Year built

2001

Annual property taxes

$5,103.47

Monthly HOA fee

$480

Price History

11/01/2024
PortlandOR

PortlandOR #24692700

Price change
$350,000
-1.41%
10/18/2024
PortlandOR

PortlandOR #24692700

Price change
$355,000
-2.74%
09/24/2024
PortlandOR

PortlandOR #24692700

Price change
$365,000
-2.67%

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

$18,938
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$303,062
Cash to seller
$18,938

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2021

Original loan amount

$329,800

Est. remaining balance

$303,062

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Bobby Rathbone

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: 11/21/2024 at 5:05 PM

Listing updated: 11/01/2024 at 9:41 AM

Listed by: Brook Hogan, HomeSmart Realty Group Phone #: (503) 210-5626

MLS: PortlandOR #24692700

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