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$230,000

Beds
1
Baths
1.0
sq ft
737

255 SW Harrison St Unit 16B, Portland, OR 97201

255 SW Harrison St Unit 16B

Portland, OR 97201

  • 132 days on market
    • Price drop $5,000↓
Welcome to your new urban oasis in Portland's vibrant South Waterfront district. This stunning corner unit 1-bedroom condo has cork floors throughout, and blends modern convenience with city living. Floor-to-ceiling tilt-turn windows and doors enhance year-round natural light, opening to a spacious private balcony with views of both the City and Southwest Hills, ideal for sunsets! The kitchen features stainless steel Samsung appliances and granite counters. This Condo unit has its own A/C unit as well as noise insulation to ensure privacy and tranquility, making this an ideal retreat after a busy day. Enjoy the convenience of double-closet hallway storage, secure bike storage, an additional storage unit (S-185) as well as a deeded end space parking spot (P-1, B2 level).The well run Harrison West HOA includes a swimming pool, hot tub, sauna, manicured courtyards with barbecue grill and an outdoor fire space. An onsite community manager ensures seamless living. HOA dues also cover water, sewer, garbage, laundry, fiber optic internet, exterior & grounds maintenance, overnight building security, and meeting room. NO RENTAL CAP (no short term rentals).Located blocks from Portland State University, the Farmer's Market, Keller Auditorium, Schnitzer Concert Hall and multiple parks. There is great access to the public transit street cars plus bus routes to make for an easy commute to other great neighborhoods as well as OHSU waterfront and tram. This condo offers more than a home, it offers a lifestyle. Whether a personal haven or investment opportunity this property promises comfort, convenience, and potential.

Details

Property type

Condominium

Est. home value

$260,625

Lot size

Unknown

Price per sq ft

$313

Year built

1965

Annual property taxes

$4,413.88

Monthly HOA fee

$655

Price History

11/01/2024
PortlandOR

PortlandOR #24482960

Price change
$230,000
-2.13%
10/30/2024
PortlandOR

PortlandOR #24482960

Price change
$235,000
-1.67%
09/25/2024
PortlandOR

PortlandOR #24482960

Price change
$239,000
-2.05%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Ainsworth

Middle school: 

Fowler

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

$26,104
Asking price
$230,000
Closing costs (~8% of asking)
-$18,400
Est. remaining loan balance
-$185,496
Cash to seller
$26,104

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

May 2021

Original loan amount

$200,000

Est. remaining balance

$185,496

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Thomas Mercer

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: 11/05/2024 at 8:35 AM

Listing updated: 11/01/2024 at 12:06 PM

Listed by: Josh Kaplan, Soldera Properties, Inc Phone #: (503) 334-1515

MLS: PortlandOR #24482960

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