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$775,000

Beds
2
Baths
2.0
sq ft
1,659

208 West Portland Street Unit 257, Phoenix, AZ 85003

208 West Portland Street Unit 257

Phoenix, AZ 85003

  • 24 days on market
Experience the best of downtown living at Portland Place, one of the premier buildings in the area. Nestled between two parks, this rare corner unit features travertine floors throughout and NE views overlooking the Japanese Friendship Garden and Margaret T. Hance Park. The spacious, light-filled layout includes a split 2-bedroom floor plan, open island kitchen, & large living room. The wrap-around balcony offers ample room for outdoor relaxation. Amenities at Portland Place include a rooftop pool, gym, beautiful lobby, and underground parking. Located within walking distance to restaurants, coffee shops, one of the best Jazz Clubs in America, a Farmers Market, Roosevelt Row Art district, & the light rail. Portland Place offers unparalleled convenience and urban living at its finest.

Details

Property type

Condominium

Est. home value

$718,014

Lot size

1,659 sq ft

Price per sq ft

$468

Year built

2007

Annual property taxes

$5,158

Monthly HOA fee

$995.39

Price History

06/08/2024
ArizonaRegional

ArizonaRegional #6716506

Listed
$775,000
+19.23%
11/29/2021
ArizonaRegional

ArizonaRegional #6307771

Sold
$650,000
+46.07%
04/30/2015
ArizonaRegional

ArizonaRegional #5175104

Sold
$445,000

Schools & Community

Neighborhood: 

Central City

Elementary school: 

Kenilworth Elementary School

Middle school: 

Palo Verde School

High school: 

Central High School

Community features: 

Fitness Center

High school district: 

Phoenix Union High School District

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

$221,771
Asking price
$775,000
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$491,229
Cash to seller
$221,771

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

Seller’s Loan History

Lender

Moria Development Inc

Loan start date

November 2021

Original loan amount

$520,000

Est. remaining balance

$491,229

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Ricardo Buitron

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: 07/02/2024 at 6:05 PM

Listing updated: 06/17/2024 at 1:13 PM

Listed by: David Newcombe, Launch Powered By Compass Phone #: (480) 776-1555

MLS: ArizonaRegional #6716506

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