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$195,000

Beds
1
Baths
1.0
sq ft
636

1829 NW Lovejoy St Unit 509, Portland, OR 97209

1829 NW Lovejoy St Unit 509

Portland, OR 97209

  • 151 days on market
    • Price drop $24,000↓
Premium spot in the Royal Arms condominium! Top level, corner unit. Great 1 bed/1 bath layout. Bedroom has top a balcony that skies over Lovejoy and opens into the scenic entry way of the historic building. This place reflects a blend of old-world elegance and modern convenience. Prime location within the Pearl that's affordable! No rent cap for mid to long term rentals. Easy elevator access. Lobby includes a laundry room, bike room and secure mail room.

Details

Property type

Condominium

Est. home value

$248,334

Lot size

Unknown

Price per sq ft

$307

Year built

1915

Annual property taxes

$4,098.75

Monthly HOA fee

$762

Price History

09/22/2024
PortlandOR

PortlandOR #24574705

Removed
$195,000
08/07/2024
PortlandOR

PortlandOR #24574705

Listed
$195,000
07/26/2024
PortlandOR

PortlandOR #24574705

Price change
$195,000
-13.33%

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

-$6,979
Asking price
$195,000
Closing costs (~8% of asking)
-$15,600
Est. remaining loan balance
-$186,379
Cash to seller
-$6,979

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

Seller’s Loan History

Lender

Pacific Residential Mortgage Llc

Loan start date

December 2020

Original loan amount

$204,000

Est. remaining balance

$186,379

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Tami Walton

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: 11/05/2024 at 11:30 AM

Listing updated: 09/22/2024 at 1:47 PM

Listed by: Tony Le, Like Kind Realty Phone #: (503) 351-3568

MLS: PortlandOR #24574705

PortlandOR logo

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