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$850,000

Beds
3
Baths
3.5
sq ft
3,233

2212 SW Hoffman Ave, Portland, OR 97201

2212 SW Hoffman Ave

Portland, OR 97201

  • 196 days on market
    • Price drop $25,000↓
Perched above the city, your opportunity for contemporary luxury living awaits. Only minutes from Downtown Portland, you can enjoy all of the fantastic amenities the city has to offer. Then retreat back home to privacy and breathtaking mountain, river and city views. One of ten units in the building, this condo lives like a townhome with an individual attached garage, two-car driveway, its own private elevator that serves each floor including the rooftop patio! The basement has an additional 755 square feet of storage space. This exceptional residence boasts an array of features including skylights and floor-to-ceiling windows filling the interior with natural light. There is a sauna and several balconies to enjoy the views. [Home Energy Score = 5. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10162495]

Details

Property type

Condominium

Est. home value

$768,436

Lot size

Unknown

Price per sq ft

$263

Year built

1981

Annual property taxes

$13,903.75

Monthly HOA fee

$790

Price History

11/07/2024
PortlandOR

PortlandOR #24387923

Price change
$850,000
-2.86%
05/10/2024
PortlandOR

PortlandOR #24387923

Listed
$875,000
+12.9%
02/16/2021
PortlandOR

PortlandOR #20534927

Sold
$775,000
+58.16%

Schools & Community

Neighborhood: 

Southwest Hills

Elementary school: 

Ainsworth

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

$215,203
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$566,797
Cash to seller
$215,203

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

February 2021

Original loan amount

$620,000

Est. remaining balance

$566,797

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Benjamin J Calabrese and Katherine Colleen Ouse

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: 11/21/2024 at 10:35 PM

Listing updated: 11/16/2024 at 11:00 AM

Listed by: Roberta Williams-Lock, Parkwood Properties Phone #: (503) 709-4321

MLS: PortlandOR #24387923

PortlandOR logo

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