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$265,000

Beds
2
Baths
1.0
sq ft
687

2680 SW 87th Ave Unit 4, Portland, OR 97225

2680 SW 87th Ave Unit 4

Portland, OR 97225

  • 46 days on market
    • Price drop $4,000↓
Fantastic 2 bedroom, 1 bath condo in a great location. It's the best spot! Private end unit on the upper floor with views of nature and shares only one wall with neighbor. Newer flooring, fresh lighting throughout, and updated bathroom. Brand new ventless dual washer/dryer unit included. Smoke-free community, pet friendly, rentable unit, one assigned carport spot and an additional second spot with annual lease option available, community deck for al fresco summer dining. Skylights, vaulted ceilings, wood burning fireplace, covered back deck with tree view off living room area complete with extra storage closet. Seller offering $2K credit towards allowable closing costs. If you're looking for something private, cozy, and conveniently located, this is it!

Details

Property type

Condominium

Est. home value

$250,658

Lot size

Unknown

Price per sq ft

$386

Year built

1978

Annual property taxes

$2,192.69

Monthly HOA fee

$298

Price History

06/07/2024
PortlandOR

PortlandOR #24028460

Price change
$265,000
-1.49%
05/20/2024
PortlandOR

PortlandOR #24028460

Listed
$269,000
+25.12%
08/18/2020
PortlandOR

PortlandOR #20027293

Sold
$215,000

Schools & Community

Elementary school: 

Ridgewood

Middle school: 

Cedar Park

High school: 

Beaverton

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

$66,294
Asking price
$265,000
Closing costs (~8% of asking)
-$21,200
Est. remaining loan balance
-$177,506
Cash to seller
$66,294

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

August 2020

Original loan amount

$193,500

Est. remaining balance

$177,506

Interest rate

3.07%

Loan type

New Conventional, 30 year

Seller

Annalou Vincent

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: 07/04/2024 at 9:45 PM

Listing updated: 06/22/2024 at 10:39 AM

Listed by: Shelby Rice, Windermere Realty Trust Phone #: (503) 227-5500

MLS: PortlandOR #24028460

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