tomo logo

$539,000

Beds
3
Baths
2.5
sq ft
Unknown

2309 SW 1st Ave Unit 1741, Portland, OR 97201

2309 SW 1st Ave Unit 1741

Portland, OR 97201

  • 14 days on market
Incredible & rare two-story condo on the 17th floor of Madison Tower. Unit 1741 has 3 bedrooms 2.5 baths in 2,508 sqft of living space. Enjoy the expansive views of downtown and the West Hills from 2 covered balconies. Main floor has large updated kitchen, open living space, flex space for bedroom, office, den, a gas fireplace. Upper floor has a huge primary suite with beautiful custom built-ins, a spa-like bathroom w/heated floor, private balcony. Second bedroom with updated ensuite bathroom. Condo has custom built-ins throughout. Home is accessible by two separate entrances on the 17th & 18th floors, and no neighbors on either side. Tons of in-home storage plus additional large storage unit. Deeded parking included. Unparalleled HOA amenities include concierge, gym, outdoor pool, indoor pool, hot-tub, sauna, gym, visitor parking. Condo priced to sell at $215/sqft!

Details

Property type

Condominium

Est. home value

$627,876

Lot size

Unknown

Price per sq ft

Unknown

Year built

1980

Annual property taxes

$12,712.8

Monthly HOA fee

$1,434

Price History

03/18/2025
PortlandOR

PortlandOR #345391052

Listed
$539,000
-2%
02/15/2025
PortlandOR

PortlandOR #24471049

Removed
$550,000
11/18/2024
PortlandOR

PortlandOR #24471049

Listed
$550,000

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

$106,438
Asking price
$539,000
Closing costs (~8% of asking)
-$43,120
Est. remaining loan balance
-$389,442
Cash to seller
$106,438

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

Seller’s Loan History

Lender

Primelending

Loan start date

April 2021

Original loan amount

$427,500

Est. remaining balance

$389,442

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Robert L Newton Jr and Katryn A Newton

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: 04/01/2025 at 3:40 PM

Listing updated: 04/01/2025 at 10:12 AM

Listed by: Stuart Stevens, Realty Portland Phone #: (503) 567-7979

MLS: PortlandOR #345391052

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