tomo logo

$357,000

Beds
2
Baths
1.5
sq ft
1,170

4640 Lower Dr, Lake Oswego, OR 97035

4640 Lower Dr

Lake Oswego, OR 97035

  • 30 days on market
    • Price drop $18,000↓
Step into this captivating 2-bedroom, 1.5-bath condo, nestled in the serene community of Lake Oswego. With 1,170 square feet of thoughtfully designed space, this home offers an open floor plan that seamlessly blends comfort and modern elegance. The main level features luxurious wood flooring and a light-filled living area perfect for entertaining. The updated kitchen includes a sleek island and stainless steel appliances, opening to the living room and a cozy dining area. Upstairs, the vaulted ceilings in the loft-style primary bedroom create an airy retreat, while the fully renovated bathroom showcases stylish fixtures and modern finishes. The second bedroom offers flexibility for a home office, nursery, or guest space. Enjoy peace of mind with a well-maintained and financially healthy HOA, as well as community pool access and beautifully kept grounds, providing a tranquil escape just minutes from downtown Lake Oswego’s shops, restaurants, and parks.

Details

Property type

Condominium

Est. home value

$329,340

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$306

Year built

1975

Annual property taxes

$3,007.04

Monthly HOA fee

$390

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

$124,037
Asking price
$357,000
Closing costs (~8% of asking)
-$28,560
Est. remaining loan balance
-$204,403
Cash to seller
$124,037

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

$204,403

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: 11/21/2024 at 5:10 PM

Listing updated: 11/14/2024 at 9:34 PM

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

MLS: PortlandOR #24516788

PortlandOR logo

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