tomo logo

$399,000

Beds
2
Baths
1.0
sq ft
1,659

422 S State St, Lake Oswego, OR 97034

422 S State St

Lake Oswego, OR 97034

  • 114 days on market
    • Price drop $16,000↓
Nestled in the sought-after Lakewood neighborhood of Lake Oswego, this beautifully remodeled condo offers a perfect blend of modern luxury and central convenience. This home's prime location offers easy access to all that Lake Oswego has to offer including nearby parks, arts, shopping, restaurants and more. As you enter, you're welcomed by an inviting living space with abundant natural light that seamlessly connects the kitchen, dining and living rooms, creating a perfect space for entertaining and everyday living. The kitchen is well-equipped with modern appliances, ample cabinet space, and a breakfast bar. Upstairs, you will find two spacious bedrooms with generous closet space, large windows, and a cozy nook area perfect for a home office or reading corner. The shared bathroom is tastefully updated and offers a clean, bright design. The open basement flex space adds valuable square footage and versatility to the home, making it perfect for a gym, playroom, or even a screening room with its large wall. The condo also includes a one-car carport space. HOA includes water, sewer, trash, exterior maintenance, and landscaping.

Details

Property type

Condominium

Est. home value

$391,513

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$241

Year built

1948

Annual property taxes

$4,349.48

Monthly HOA fee

$667

Price History

10/30/2024
PortlandOR

PortlandOR #24450178

Price change
$399,000
-3.86%
09/24/2024
PortlandOR

PortlandOR #24450178

Price change
$415,000
-2.35%
07/31/2024
PortlandOR

PortlandOR #24450178

Listed
$425,000
+37.1%

Schools & Community

Neighborhood: 

Lakewood

Elementary school: 

Forest Hills

Middle school: 

Lake Oswego

High school: 

Lake Oswego

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

$181,239
Asking price
$399,000
Closing costs (~8% of asking)
-$31,920
Est. remaining loan balance
-$185,841
Cash to seller
$181,239

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

Seller’s Loan History

Lender

Sammamish Mortgage Co

Loan start date

September 2021

Original loan amount

$200,000

Est. remaining balance

$185,841

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Annalise Marie Bischel

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: 11/21/2024 at 5:10 PM

Listing updated: 11/12/2024 at 8:04 PM

Listed by: Chris Hoem, Soldera Properties, Inc Phone #: (503) 334-1515

MLS: PortlandOR #24450178

PortlandOR logo

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