tomo logo

$1,350,000

Beds
3
Baths
3.0
sq ft
2,869

1920 Park Forest Ave, Lake Oswego, OR 97034

1920 Park Forest Ave

Lake Oswego, OR 97034

  • 46 days on market
    • Price drop $29,000↓
Exceptionally crafted home in the Palisades neighborhood. Amazing serenity in this recently restored home, with designer influenced styles and finishes throughout. The open vaulted ceilings with cedar beams and custom millwork provide an open, modern floor plan. Featuring Caesarstone quartz counters in the kitchen, custom cabinets, European oak wood floors, and stainless appliances. Spacious Primary suite with private access to the backyard. Incredible outdoor covered space with built in BBQ and food prep area, flat lawn and stone entertaining area. Stunning recent upgrades include opening of lower level to create indoor/outdoor space, beautiful detached 190 sq ft office/studio (sq ft included in overall amount), full Solar upgrade to the home, new HVAC, water heater, wine closet and much more. The Palisades boat and swim easement is within walking distance, as well as the Greentree Pool (waiting lists apply for both). Exceptional schools and easy access to Lake Oswego amenities.

Details

Property type

Single Family Residence

Est. home value

$1,191,117

Property condition

Updated/Remodeled

Lot size

8,712 sq ft

Price per sq ft

$471

Year built

1970

Annual property taxes

$11,827.66

Price History

08/14/2024
PortlandOR

PortlandOR #24111674

Price change
$1,350,000
-2.1%
08/05/2024
PortlandOR

PortlandOR #24111674

Removed
$1,379,000
07/25/2024
PortlandOR

PortlandOR #24111674

Listed
$1,379,000

Schools & Community

Neighborhood: 

Palisades

Elementary school: 

Hallinan

Middle school: 

Lakeridge

High school: 

Lakeridge

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

$732,004
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$509,996
Cash to seller
$732,004

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

June 2021

Original loan amount

$548,247

Est. remaining balance

$509,996

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Pedro Khoury Diaz and Stacey Khoury Diaz

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: 09/07/2024 at 5:05 PM

Listing updated: 09/04/2024 at 11:42 AM

Listed by: John Nieland, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #24111674

PortlandOR logo

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