tomo logo

$357,000

Beds
2
Baths
1.5
sq ft
Unknown

4640 Lower Dr, Lake Oswego, OR 97035

4640 Lower Dr

Lake Oswego, OR 97035

  • 91 days on market
    • Price drop $18,000↓
Discover this delightful 2-bedroom, 1.5-bath home spread over 1170 sqft in beautiful Lake Oswego. This residence features updated wood flooring and a versatile open floor plan. Retreat to the loft-style main bedroom with its elegant vaulted ceilings, offering a serene setting for relaxation. Step outside to your private balcony or take advantage of the community pool to unwind. Situated just moments away from Lake Oswego’s eclectic shops, dining, and vibrant parks, this home perfectly balances tranquility and convenience. Explore your peaceful haven today!

Details

Property type

Condominium

Est. home value

$329,340

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

Unknown

Year built

1975

Annual property taxes

$3,007.04

Monthly HOA fee

$450

Price History

11/14/2024
PortlandOR

PortlandOR #24516788

Price change
$357,000
-4.8%
10/28/2024
PortlandOR

PortlandOR #24516788

Removed
$375,000
10/25/2024
PortlandOR

PortlandOR #24516788

Listed
$375,000

Schools & Community

Neighborhood: 

Bryant

Elementary school: 

River Grove

Middle school: 

Lakeridge

High school: 

Lakeridge

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

$124,933
Asking price
$357,000
Closing costs (~8% of asking)
-$28,560
Est. remaining loan balance
-$203,507
Cash to seller
$124,933

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

January 2021

Original loan amount

$223,920

Est. remaining balance

$203,507

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Elise Dianne Monroe and Elise Dianne Monroe Revocable Trust

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: 01/21/2025 at 5:25 PM

Listing updated: 01/06/2025 at 8:31 PM

Listed by: Tony Apa, ELEETE Real Estate Phone #: (503) 292-1500

MLS: PortlandOR #24516788

PortlandOR logo

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