tomo logo

$399,000

Beds
1
Baths
1.0
sq ft
955

300 NW 8th Ave Unit 407, Portland, OR 97209

300 NW 8th Ave Unit 407

Portland, OR 97209

  • 77 days on market
This gorgeous loft-style condo, located in the heart of the Pearl District is ready to welcome you home! Drenched with light, this unit has windows for days that allow light to fill the space on two sides! Featuring architectural columns, soaring ceilings, steel beams, and concrete floors, this unit also offers a Chef's Kitchen with updated appliances and the open living and dining spaces are ideal for entertaining or cozy private meals. Room to work from home, a private bedroom space and fantastic closet space! with a leafy green park view. The rooftop patio provides expansive views and is an ideal feature! The energy is real and there is no other unit with a better vibe and location on the market! Commute anywhere from here as it is in the epicenter Portland! Walk Score 100, Bike Score 99, Transit Score 99! This building is historic as it was initially constructed in 1909 as a six story cement warehouse. An extensive renovation occurred in 1999 with modern updates including seismic upgrades and the addition of 5 floors. Expansive views of the park blocks, patio/deck doors off living space, and so much more! So many appealing features, from the abundant natural light and architectural details and spacious layout! Deeded parking spot in the preferred garage G-03!

Details

Property type

Condominium

Est. home value

$402,944

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$418

Year built

1909

Annual property taxes

$7,305.6

Monthly HOA fee

$550

Price History

10/07/2024
PortlandOR

PortlandOR #24472670

Removed
$399,000
09/30/2024
PortlandOR

PortlandOR #24472670

Listed
$399,000
09/01/2024
PortlandOR

PortlandOR #24472670

Listed
$399,000

Schools & Community

Neighborhood: 

Pearl District

Elementary school: 

Chapman

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

$185,854
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$181,226
Cash to seller
$185,854

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

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

April 2020

Original loan amount

$200,000

Est. remaining balance

$181,226

Interest rate

3.36%

Loan type

New Conventional, 30 year

Seller

Alex J Schilling

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: 11/15/2024 at 2:55 PM

Listing updated: 11/02/2024 at 10:56 PM

Listed by: Tina Wyszynski, Cascade Hasson Sotheby's International Realty Phone #: (503) 481-6538

MLS: PortlandOR #24472670

PortlandOR logo

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