tomo logo

$354,900

Beds
2
Baths
1.5
sq ft
Unknown

4640 Lower Dr, Lake Oswego, OR 97035

4640 Lower Dr

Lake Oswego, OR 97035

  • 122 days on market
    • Price drop $2,100↓
This charming 2BD, 2BA home in the heart of Lake Oswego offers a truly comfortable and stylish living experience. Extending over 1170 sq ft, it features an open floor plan with a seamless flow. The loft-style master bedroom enhances the sense of space, with its dramatic vaulted ceilings. Enjoy modern upgrades including new wood floors, a tasteful kitchen backsplash, fresh paint, and updated bathrooms. Step out onto the balcony for some fresh air or soak up the community amenities, such as a well-maintained pool. This unit provides covered parking for convenience and peace of mind. Its location is a definite plus, with close proximity to serene parks, and vibrant shopping and dining spots. The HOA is in good health, providing added confidence in the community’s upkeep.

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

02/02/2025
PortlandOR

PortlandOR #24516788

Price change
$354,900
-0.59%
11/14/2024
PortlandOR

PortlandOR #24516788

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

PortlandOR #24516788

Removed
$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

$123,450
Asking price
$354,900
Closing costs (~8% of asking)
-$28,392
Est. remaining loan balance
-$203,058
Cash to seller
$123,450

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

$203,058

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: 02/22/2025 at 11:35 AM

Listing updated: 02/05/2025 at 2:54 PM

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

MLS: PortlandOR #24516788

PortlandOR logo

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