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$260,000

Beds
2
Baths
1.5
sq ft
Unknown

5150 NW Neakahnie Ave Unit 40, Portland, OR 97229

5150 NW Neakahnie Ave Unit 40

Portland, OR 97229

  • <1 day on market
Nestled among the trees, this private top-floor condo overlooks the 10th fairway of Rock Creek Country Club, offering serene golf course views. Featuring 2 bedrooms and 1.5 bathrooms, this well-maintained home includes an inviting living space with a cozy wood-burning fireplace, a galley kitchen and in-unit laundry. Step out onto the private balcony to enjoy the peaceful surroundings. A detached garage provides secure parking and additional storage while a separate storage closet off the balcony adds extra convenience. Enjoy an active lifestyle with nearby walking and biking trails around Bethany Lake, plus access to two onsite tennis courts and a private party room. The HOA covers water, sewer, garbage, and exterior maintenance, ensuring a low-maintenance lifestyle. Experience the perfect blend of privacy, recreation, and community in this sought-after Rock Creek location!

Details

Property type

Condominium

Est. home value

$264,682

Lot size

Unknown

Price per sq ft

Unknown

Year built

1979

Annual property taxes

$2,218.72

Monthly HOA fee

$429

Price History

04/03/2025
PortlandOR

PortlandOR #742913615

Listed
$260,000
+18.18%
05/29/2020
PortlandOR

PortlandOR #20075721

Sold
$220,000
+49.15%
04/29/2016
PortlandOR

PortlandOR #16641323

Sold
$147,500

Schools & Community

Elementary school: 

Rock Creek

Middle school: 

Stoller

High school: 

Westview

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

$112,155
Asking price
$260,000
Closing costs (~8% of asking)
-$20,800
Est. remaining loan balance
-$127,045
Cash to seller
$112,155

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2020

Original loan amount

$176,000

Est. remaining balance

$127,045

Interest rate

2.77%

Loan type

New Conventional, 15 year

Seller

Michael A Pearson and Nancy G Pearson

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?

Status: Active

Tomo last checked: 04/04/2025 at 4:30 AM

Listing updated: 04/03/2025 at 2:30 PM

Listed by: Jenna Jordan, RE/MAX Equity Group Phone #: (503) 681-9446

MLS: PortlandOR #742913615

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