tomo logo

$199,000

Beds
1
Baths
1.0
sq ft
607

1829 NW Lovejoy St Unit 302, Portland, OR 97209

1829 NW Lovejoy St Unit 302

Portland, OR 97209

  • 58 days on market
This third floor corner unit at Royal Arms Condominiums gets lots of natural light from plenty of windows. Hardwood floors in excellent condition, newer bathroom flooring, newer toilet, newer kitchen sink, newer refrigerator, & walk-in-closet. All appliances stay. The Royal Arms is a charming red-brick condo building sporting vintage vibes with modern upgrades, situated between the Pearl & Nob Hill. Walk or take the Streetcar right outside! No rental cap.

Details

Property type

Condominium

Est. home value

$241,325

Lot size

Unknown

Price per sq ft

$328

Year built

1915

Annual property taxes

$4,350.41

Monthly HOA fee

$731

Price History

08/09/2024
PortlandOR

PortlandOR #24373366

Listed
$199,000
-27.08%
10/11/2018
PortlandOR

PortlandOR #18006895

Sold
$272,900

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

-$26,661
Asking price
$199,000
Closing costs (~8% of asking)
-$15,920
Est. remaining loan balance
-$209,741
Cash to seller
-$26,661

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2020

Original loan amount

$222,000

Est. remaining balance

$209,741

Interest rate

3.18%

Loan type

New Conventional, 40 year

Seller

Kenna Turner and Linda Turner

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 9:15 PM

Listing updated: 10/05/2024 at 1:24 AM

Listed by: Stuart Stevens, Realty Portland Phone #: (503) 567-7979

MLS: PortlandOR #24373366

PortlandOR logo

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