tomo logo

$490,000

Beds
3
Baths
3.0
sq ft
1,960

3649 SW 52nd Pl, Portland, OR 97221

3649 SW 52nd Pl

Portland, OR 97221

  • 86 days on market
    • Price drop $20,000↓
Enjoy your new life in this spacious condo nestled in the highly sought-after Wilcox Estates. This unique property features a 2-bedroom, 2-bathroom upstairs unit and a 1-bedroom (plus den), 1-bathroom downstairs unit. Each unit offers its own separate entrance, cozy fireplaces, and outdoor spaces with views of the grassy field and pool. The fully renovated downstairs unit is currently vacant and ready for you to move in, while the upstairs unit is tenant-occupied through August 2024 with a month-to-month lease thereafter. (please do not disturb). The HOA covers both units and water, sewer, trash, management, commons, pool, cable TV, and internet. This versatile property is perfect for multigenerational living, an owner-occupied rental, or a strong passive income stream. Don't miss this incredible opportunity!

Details

Property type

Condominium

Est. home value

$444,959

Lot size

Unknown

Price per sq ft

$250

Year built

1969

Annual property taxes

$6,142.96

Monthly HOA fee

$1,202

Price History

12/21/2024
PortlandOR

PortlandOR #24206995

Price change
$490,000
-3.92%
11/15/2024
PortlandOR

PortlandOR #24206995

Price change
$510,000
-1.73%
09/27/2024
PortlandOR

PortlandOR #24206995

Listed
$519,000
-5.46%

Schools & Community

Elementary school: 

Bridlemile

Middle school: 

Robert Gray

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

$165,120
Asking price
$490,000
Closing costs (~8% of asking)
-$39,200
Est. remaining loan balance
-$285,680
Cash to seller
$165,120

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

September 2020

Original loan amount

$315,000

Est. remaining balance

$285,680

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Julie L Boyles

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: 12/22/2024 at 1:50 PM

Listing updated: 12/20/2024 at 9:34 PM

Listed by: Sara Ferrito, Keller Williams PDX Central Phone #: (503) 548-4848

MLS: PortlandOR #24206995

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