tomo logo

$370,000

Beds
2
Baths
1.0
sq ft
991

2359 SW Cedar St Unit 12, Portland, OR 97205

2359 SW Cedar St Unit 12

Portland, OR 97205

  • 78 days on market
    • Price drop $5,000↓
Excellent location with reasonable HOA dues! This darling condo is perched above NW Portland with city and peekaboo mountain views. Located on the second floor, it is filled with light. Timeless finishes include oak hardwoods throughout the living areas, mid-century tile bathroom finishes, and clean white walls. Compare the HOA dues to neighboring buildings and you will be sold! Secured parking and building. Shared laundry, plus extra storage in the basement. Quaint courtyard. Wander the trails in Washington Park and the Rose Garden or set out to Zupans and the Alphabet District (all just blocks away). Convenient to public transportation. Walk score of 92! Open Saturday Sept 7 1:00-3:00

Details

Property type

Condominium

Est. home value

$343,333

Lot size

Unknown

Price per sq ft

$374

Year built

1959

Annual property taxes

$5,434.41

Monthly HOA fee

$439

Price History

11/16/2024
PortlandOR

PortlandOR #24336541

Listed
$370,000
11/16/2024
PortlandOR

PortlandOR #24336541

Removed
$370,000
10/16/2024
PortlandOR

PortlandOR #24336541

Price change
$370,000
-1.33%

Schools & Community

Neighborhood: 

Goose Hollow

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

$73,457
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$266,943
Cash to seller
$73,457

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

Seller’s Loan History

Lender

Premier Mortgage Resources Llc

Loan start date

February 2021

Original loan amount

$292,000

Est. remaining balance

$266,943

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Kahtleen H Marcy and Steven E Marcy

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 5:50 PM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Lori Hamilton, Coldwell Banker Bain Phone #: (503) 241-7325

MLS: PortlandOR #24336541

PortlandOR logo

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