tomo logo

$359,000

Beds
2
Baths
2.0
sq ft
1,209

317 Cervantes, Lake Oswego, OR 97035

317 Cervantes

Lake Oswego, OR 97035

  • 8 days on market
Outstanding one level condo in a premiere location of Mt. Park! Updates throughout, including quartz countertops (kitchen and bathrooms), newer stainless steel appliances, washer and dryer- all windows recently replaced! Primary bedroom features en-suite bathroom, and the den is the perfect flex space for an office or possible 3rd bedroom? Under the garage, an extra area for storage, workshop or workout room makes this condo extremely unique. HOA dues include access to Mt. Park Clubhouse with pool, fitness and sport court. Make sure you see this property before it’s gone!

Details

Property type

Condominium

Est. home value

$355,044

Lot size

Unknown

Price per sq ft

$297

Year built

1979

Annual property taxes

$3,666.14

Monthly HOA fee

$208

Price History

09/09/2024
PortlandOR

PortlandOR #24666930

Listed
$359,000
-6.02%
05/02/2022
PortlandOR

PortlandOR #22439720

Sold
$382,000
+61.86%
03/20/2020
PortlandOR

PortlandOR #19164155

Sold
$236,000

Schools & Community

Neighborhood: 

Mountain Park

Elementary school: 

Markham

Middle school: 

Jackson

High school: 

Ida B Wells

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

$56,179
Asking price
$359,000
Closing costs (~8% of asking)
-$28,720
Est. remaining loan balance
-$274,101
Cash to seller
$56,179

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

April 2022

Original loan amount

$286,500

Est. remaining balance

$274,101

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Daniel A Cranston and Rachel E Cranston

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: 09/17/2024 at 4:50 PM

Listing updated: 09/13/2024 at 4:27 PM

Listed by: Joe Kennedy, Windermere Realty Trust Phone #: (503) 294-1101

MLS: PortlandOR #24666930

PortlandOR logo

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