tomo logo

$400,000

Beds
2
Baths
1.5
sq ft
1,009

1931 NW Hoyt St, Portland, OR 97209

1931 NW Hoyt St

Portland, OR 97209

  • 75 days on market
    • Price drop $20,000↓
Striking condo in the award-winning gated complex designed by architect Robert S. Leeb. Darling, sunny courtyards with flowers and bright blue skies - what a beautiful setting for your quiet, two-bedroom condo with its private terrace. What a rare treat to enjoy a full outdoor room/terrace off your bedrooms right in the city. 1009 square foot unit at ground level, with a large, open living and dining room, with juliet balcony overlooking trees and green. Efficient galley kitchen opens to the dining room and eating bar. Main floor powder room and abundant storage. Upstairs are two bedrooms and a shared, updated bath. Primary closet has hookup for washer/dryer, though the big communal laundry room is just across the courtyard, so it is set up as a full-sized master closet. Second bedroom has been used as an office. Newer HVAC/mini-split.Secure building with gated entry, underground garage, with one parking space, and storage unit.Convenient location beyond compare. Just 2-4 blocks to 21st and 23rd Avenue shops, eateries, coffee, Trader Joe's, Fred Meyer, park, and in the opposite direction, you're close to the Pearl District and all it's fun. The nearby streetcar connects you to light rail to the airport, the south and the west.

Details

Property type

Condominium

Est. home value

$407,433

Lot size

Unknown

Price per sq ft

$397

Year built

1980

Annual property taxes

$6,823.22

Monthly HOA fee

$732

Price History

10/29/2024
PortlandOR

PortlandOR #24203507

Price change
$400,000
-4.76%
09/11/2024
PortlandOR

PortlandOR #24203507

Removed
$420,000
09/01/2024
PortlandOR

PortlandOR #24203507

Removed
$420,000

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

$77,108
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$290,892
Cash to seller
$77,108

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

Seller’s Loan History

Lender

First Technology Federal Cu

Loan start date

September 2020

Original loan amount

$320,000

Est. remaining balance

$290,892

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Donald Scott Phillips and Sara Elizabeth Phillips

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 1:20 PM

Listing updated: 11/01/2024 at 8:06 AM

Listed by: Cary Perkins, Windermere Realty Trust Phone #: (503) 220-1144

MLS: PortlandOR #24203507

PortlandOR logo

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