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$629,900

Beds
2
Baths
3.5
sq ft
1,689

216 N Failing St, Portland, OR 97227

216 N Failing St

Portland, OR 97227

  • 23 days on market
    • Price drop $20,100↓
Contemporary, spacious home in the heart of Portland's vibrant Williams/Mississippi neighborhood! Located on a tree-lined street, corner lot, with an attached, coveted garage for convenience. Modern architecture and efficiency (energy score = 9!) plus features such as open floor plan, double primary suites, a/c, on-demand water heater, soft-close kitchen drawers. Larger than typical square footage for new construction plus an outdoor space. Easy living and close to all the fun. Lower level flex space can be guest suite, 3rd bedroom, family room, office.. you decide! See attached floor plan for room measurements. Walkscore 95 and bike score 100! No HOA!

Details

Property type

Single Family Residence

Est. home value

$721,425

Lot size

1,742 sq ft

Price per sq ft

$373

Year built

2022

Annual property taxes

$9,033.96

Price History

09/26/2024
PortlandOR

PortlandOR #24610381

Price change
$629,900
-3.09%
09/13/2024
PortlandOR

PortlandOR #24610381

Listed
$650,000
02/04/2022
PortlandOR

PortlandOR #21470928

Sold
$650,000

Schools & Community

Neighborhood: 

Boise

Elementary school: 

Boise-Eliot

Middle school: 

Harriet Tubman

High school: 

Jefferson

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

$27,383
Asking price
$629,900
Closing costs (~8% of asking)
-$50,392
Est. remaining loan balance
-$552,125
Cash to seller
$27,383

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

Seller’s Loan History

Lender

Homestreet Bank

Loan start date

January 2022

Original loan amount

$585,000

Est. remaining balance

$552,125

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Michael Huynh

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 9:25 PM

Listing updated: 09/26/2024 at 7:44 PM

Listed by: Jennifer Lundstrom, Stellar Realty Northwest Phone #: (503) 265-8153

MLS: PortlandOR #24610381

PortlandOR logo

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