tomo logo

$1,100,000

Beds
2
Baths
2.0
sq ft
2,197

311 NW 12th Ave Unit 1301, Portland, OR 97209

311 NW 12th Ave Unit 1301

Portland, OR 97209

  • 210 days on market
    • Price drop $50,000↓
Discover urban sophistication in a prime Pearl District location. This 2-bed, 2-bath condo offers 2197-sqft of luxury living. Enjoy sleek wood flooring, a cozy gas fireplace, and a gourmet kitchen with top-of-the-line appliances. East-facing balcony with a gas hook-up and amazing views provide the perfect backdrop for entertaining. LEED Platinum-certified, it combines sustainability with style. The generously sized primary bedroom comes fully equipped, featuring a spacious closet and a luxurious bathroom that simply exudes elegance. Two parking spaces with an EV charger in one stall and 24-hour concierge/security services ensure convenience and peace of mind. Experience the pinnacle of city living in this meticulously designed residence.

Details

Property type

Condominium

Est. home value

$1,205,123

Lot size

Unknown

Price per sq ft

$501

Year built

2007

Annual property taxes

$20,146.33

Monthly HOA fee

$2,121

Price History

11/08/2024
PortlandOR

PortlandOR #24599154

Price change
$1,100,000
-4.35%
10/18/2024
PortlandOR

PortlandOR #24599154

Removed
$1,150,000
10/04/2024
PortlandOR

PortlandOR #24599154

Listed
$1,150,000

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

$327,469
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$684,531
Cash to seller
$327,469

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

Seller’s Loan History

Lender

American Financial Network Inc

Loan start date

January 2021

Original loan amount

$750,000

Est. remaining balance

$684,531

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Kathleen Frances Fardy

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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725 NW Flanders St Unit 405, Portland, OR 97209

Status: Active

Tomo last checked: 11/21/2024 at 10:05 PM

Listing updated: 11/08/2024 at 9:31 AM

Listed by: Todd Talcott, Windermere Realty Trust Phone #: (503) 220-1144

MLS: PortlandOR #24599154

PortlandOR logo

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