tomo logo

$550,000

Beds
3
Baths
2.0
sq ft
1,950

2221 SW 1st Ave Unit 2125, Portland, OR 97201

2221 SW 1st Ave Unit 2125

Portland, OR 97201

  • 259 days on market
    • Price drop $19,000↓
MASSIVE PRICE REDUCTION! Experience urban luxury living at its finest in this fully remodeled downtown condo with breathtaking city and river views. The open-concept design welcomes you into a seamlessly modernized space, featuring fully remodeled kitchen and bathrooms that you will love! Indulge in the beauty of the city from not one, but two private balconies that provide the perfect setting for morning coffee. This amazing unit also includes a deeded parking spot, a heat pump for comfort, access to inside/outdoor pool, 2 gyms, rec facility, cable, sauna, 24/7 concierge and SO MUCH MORE! Buyer to perform due diligence & verify ALL info (schls,lines,sq ft,utilities, etc). Seller makes no representations.

Details

Property type

Condominium

Est. home value

$575,081

Lot size

Unknown

Price per sq ft

$283

Year built

1973

Annual property taxes

$10,768.18

Monthly HOA fee

$1,514

Price History

11/06/2024
PortlandOR

PortlandOR #24343130

Price change
$550,000
-3.34%
10/08/2024
PortlandOR

PortlandOR #24343130

Price change
$569,000
-3.4%
09/11/2024
PortlandOR

PortlandOR #24343130

Price change
$589,000
-3.28%

Schools & Community

Neighborhood: 

Downtown

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

$231,080
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$274,920
Cash to seller
$231,080

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

Seller’s Loan History

Lender

Pinnacle Capital Mortgage Corp

Loan start date

September 2013

Original loan amount

$356,726

Est. remaining balance

$274,920

Interest rate

4.4%

Loan type

New Conventional, 30 year

Seller

Sammy J Hassan

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 11:15 PM

Listing updated: 11/06/2024 at 1:27 PM

Listed by: Valerie Hunter, H & H Preferred Real Estate Phone #: (971) 221-3109

MLS: PortlandOR #24343130

PortlandOR logo

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