tomo logo

$340,000

Beds
2
Baths
1.0
sq ft
864

227 NE 61st Ave Unit 1, Portland, OR 97213

227 NE 61st Ave Unit 1

Portland, OR 97213

  • 4 days on market
    • Open house Nov 12
This beautifully maintained spacious condo with original hardwood floors and cozy radiant heat is one of the best units at The View. With no shared walls, it gets lots of natural light and feels like a detached house. Hang your coat, kick off your shoes in the entry, and step into a huge living room. To your right is the dining room with space for hosting friends and a Murano glass light fixture. The kitchen is beautiful and efficient with stainless appliances, gas range, and beautiful wood cabinetry with plenty of storage and counter space. The two bedrooms, laundry, and bathroom are all off a small hallway at the back of the unit. Both bedrooms get lots of natural light, each with windows on two sides (fiberglass Marvin windows installed in 2015). Nestled on the ground floor with minimal steps to enter, within a beloved well-managed community, this condo features an idyllic courtyard with a sprawling green lawn adorned with majestic shade trees, mature landscaping, and a tranquil fountain. Located on the quietest corner of the complex, your parking space is steps away and a basement storage unit gives you a secure place for your things. Plus, your furry friends will love the community dog park! Prime North Tabor location is close to everything with an 83 walk score and 80 bike score.

Details

Property type

Condominium

Est. home value

$314,329

Lot size

Unknown

Price per sq ft

$394

Year built

1945

Annual property taxes

$4,266.15

Monthly HOA fee

$589

Price History

11/01/2024
PortlandOR

PortlandOR #24459944

Listed
$340,000
+7.26%
11/05/2021
PortlandOR

PortlandOR #21051577

Sold
$317,000
+38.43%
06/01/2015
PortlandOR

PortlandOR #15311417

Sold
$229,000

Schools & Community

Neighborhood: 

North Tabor

Elementary school: 

Glencoe

Middle school: 

Mt Tabor

High school: 

Franklin

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

$75,934
Asking price
$340,000
Closing costs (~8% of asking)
-$27,200
Est. remaining loan balance
-$236,866
Cash to seller
$75,934

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

Seller’s Loan History

Lender

Penrith Home Loans Llc

Loan start date

November 2021

Original loan amount

$253,600

Est. remaining balance

$236,866

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

Karen Kerschner

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?

Status: Active

Tomo last checked: 11/05/2024 at 6:40 AM

Listing updated: 11/04/2024 at 12:11 PM

Listed by: Mel Marzahl, Living Room Realty Phone #: (503) 719-5588

MLS: PortlandOR #24459944

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