tomo logo

$275,000

Beds
2
Baths
1.0
sq ft
938

255 SW Harrison St Unit 1B, Portland, OR 97201

255 SW Harrison St Unit 1B

Portland, OR 97201

  • 295 days on market
    • Price drop $20,000↓
Rare ground floor unit opportunity with Seller Financing Option! Near OHSU and just blocks from Portland State University, Keller Auditorium, South Waterfront and more, this urban condo offers modern conveniences, easy downtown living and is move-in ready. With two spacious bedrooms and an open floor plan, there's room for everyone. The chef's kitchen is equipped with stainless steel appliances, a large island with plenty of storage, and a space-saving built-in microwave. Enjoy the outdoor pool and hot tub in the warmer months, relax in the courtyard, or take a walk to the waterfront... the opportunities are endless! Enjoy free laundry in the building, as well as an assigned storage unit and deeded parking space in the secured garage. Great rental opportunity with no rental cap!

Details

Property type

Condominium

Est. home value

$315,536

Lot size

Unknown

Price per sq ft

$294

Year built

1965

Annual property taxes

$4,977.27

Monthly HOA fee

$838

Price History

09/22/2024
PortlandOR

PortlandOR #24513875

Removed
$275,000
08/06/2024
PortlandOR

PortlandOR #24513875

Listed
$275,000
08/02/2024
PortlandOR

PortlandOR #24513875

Removed
$275,000

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

$116,074
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$136,926
Cash to seller
$116,074

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

Seller’s Loan History

Lender

Mortgage Capital Associates Inc

Loan start date

September 2017

Original loan amount

$187,425

Est. remaining balance

$136,926

Interest rate

3.9%

Loan type

New Conventional, 20 year

Seller

Jianren Tai and Qing Lv

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 10:15 PM

Listing updated: 10/25/2024 at 2:28 PM

Listed by: Dave Van Nus, Keller Williams Realty Portland Premiere Phone #: (503) 597-2444

MLS: PortlandOR #24513875

PortlandOR logo

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