tomo logo

$264,000

Beds
1
Baths
1.0
sq ft
957

411 NW Flanders St Unit 401, Portland, OR 97209

411 NW Flanders St Unit 401

Portland, OR 97209

  • 144 days on market
    • Price drop $5,900↓
Experience the epitome of urban sophistication with this stunning loft in the heart of Old Town. Designed for the ultimate urbanite, this 4th-floor industrial unit perfectly captures the essence of true loft living with its open, well-defined modern spaces.Old Town Lofts epitomizes what loft living is all about. This exceptional unit features concrete ceilings, granite and stone finishes, and large windows that flood the space with incredible natural light while offering picturesque views of the private urban courtyard and the western skyline. The seamless blend of industrial elements and contemporary design creates a unique, chic living environment that is both stylish and functional.Among the many amenities at Old Town Lofts are deeded private parking & ample storage space, ensuring convenience & security for your urban lifestyle. With a Bike Score of 99 & a Transit Score of 92, this location is an urbanite's dream, offering unparalleled access to everything you need. Whether you're biking to work or hopping on public transit, you'll find getting around the city effortless.Step inside and be greeted by a spacious, minimalist interior that exudes modern elegance. The sleek design, with its clean lines and high-end finishes, creates a metropolitan atmosphere that is both inviting and inspiring. From the moment you enter, you'll be struck by the airy, open layout that allows for versatile living and entertaining spaces.This loft isn't just a place to live; it's a lifestyle. Imagine hosting friends in your chic, expansive living area, enjoying the natural light pouring in from the large windows, or simply unwinding after a long day in your sophisticated urban oasis. The possibilities are endless in this meticulously designed space that balances form and function beautifully.Located in the vibrant Old Town neighborhood, you'll be surrounded by an array of shops, restaurants, and cultural attractions, all within walking distance. Embrace the dynamic energy of our City!

Details

Property type

Condominium

Est. home value

$325,428

Lot size

Unknown

Price per sq ft

$276

Year built

2001

Annual property taxes

$4,952.72

Monthly HOA fee

$638

Price History

08/29/2024
PortlandOR

PortlandOR #24080927

Price change
$264,000
-2.19%
07/11/2024
PortlandOR

PortlandOR #24080927

Price change
$269,900
-5.3%
06/12/2024
PortlandOR

PortlandOR #24080927

Price change
$285,000
-3.39%

Schools & Community

Neighborhood: 

Old Town-Chinatown

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

-$27,067
Asking price
$264,000
Closing costs (~8% of asking)
-$21,120
Est. remaining loan balance
-$269,947
Cash to seller
-$27,067

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

February 2021

Original loan amount

$294,000

Est. remaining balance

$269,947

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Jake J Chaput

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: 10/05/2024 at 7:15 PM

Listing updated: 10/05/2024 at 1:22 AM

Listed by: Patrick J. Henry, P.C., Coldwell Banker Bain Phone #: (503) 224-7325

MLS: PortlandOR #24080927

PortlandOR logo

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