tomo logo

$199,000

Beds
1
Baths
1.0
sq ft
477

1829 NW Lovejoy St Unit 111, Portland, OR 97209

1829 NW Lovejoy St Unit 111

Portland, OR 97209

  • 164 days on market
    • Price drop $10,000↓
Welcome to The Royal Arms, a vintage-meets-modern condo in Portland's NW District. This charming red-brick building sits between the Pearl and Nob Hill neighborhoods, offering comfort and style. Inside, find a spacious kitchen with stainless steel. The living room features engineered hardwood floors. Conveniently located near the streetcar stop for easy city access. No rental cap makes this a great investment. HOA fees cover water/sewer, garbage, cable, and internet, ensuring hassle-free living. Enjoy amenities like an elevator, laundry room, and bike storage. Experience urban living at its finest at The Royal Arms!

Details

Property type

Condominium

Est. home value

$192,965

Lot size

Unknown

Price per sq ft

$418

Year built

1915

Annual property taxes

$3,267.64

Monthly HOA fee

$372

Price History

09/01/2024
PortlandOR

PortlandOR #24440296

Removed
$199,000
08/04/2024
PortlandOR

PortlandOR #24440296

Listed
$199,000
06/06/2024
PortlandOR

PortlandOR #24440296

Price change
$199,000
-4.78%

Schools & Community

Neighborhood: 

Northwest

Elementary school: 

Chapman

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

$20,490
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$162,590
Cash to seller
$20,490

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

September 2019

Original loan amount

$180,500

Est. remaining balance

$162,590

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Claudia Hatmaker and Craig Langan

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 7:40 PM

Listing updated: 09/18/2024 at 2:26 AM

Listed by: Wansi Huang, Redfin Phone #: (503) 496-7620

MLS: PortlandOR #24440296

PortlandOR logo

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