tomo logo

$695,000

Beds
3
Baths
2.5
sq ft
Unknown

5171 N Michigan Ave Unit A, Portland, OR 97217

5171 N Michigan Ave Unit A

Portland, OR 97217

  • 8 days on market
This is the one you've been waiting for! Gorgeous, newer build home by award-winning, Green Canopy Homes. A premiere sustainable, purpose-driven community full of beautiful, earth-friendly, & energy-efficient amenities. Modern Scandinavian design with bright open spaces and clean line architecture. 3 levels of living perfect for co-housing or work from home lifestyle. Ample entertaining space with open floor plan on main, and multiple gathering spaces outside and on the top floor deck. Earth Advantage Platinum in the heart of NOPO near all the best restaurants and shops that Mississippi, Alberta, and Humboldt have to offer. This is everything you come to Portland to enjoy. Easy commute to anywhere in PDX Metro!

Details

Property type

Condominium

Est. home value

$686,157

Lot size

Unknown

Price per sq ft

Unknown

Year built

2021

Annual property taxes

$7,683

Monthly HOA fee

$73

Price History

02/23/2025
PortlandOR

PortlandOR #228946139

Listed
$695,000
+6.94%
10/29/2021
PortlandOR

PortlandOR #21504065

Sold
$649,900

Schools & Community

Neighborhood: 

Humboldt

Elementary school: 

Beach

Middle school: 

Ockley Green

High school: 

Jefferson

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

$217,934
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$421,466
Cash to seller
$217,934

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

October 2021

Original loan amount

$454,930

Est. remaining balance

$421,466

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Szechi Justin Chen

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?

Similar Homes Nearby

PortlandOR
$625,000
3 bd
|
2.5 ba
|
Condo

4824 N Missouri Ave, Portland, OR 97217

PortlandOR
$699,900
3 bd
|
2.5 ba
|
Condo

2108 NW 16th Ave, Portland, OR 97209

PortlandOR
$799,000
3 bd
|
3 ba
|
House

1815 N Ainsworth St, Portland, OR 97217

Status: Active

Tomo last checked: 03/03/2025 at 9:40 PM

Listing updated: 03/03/2025 at 1:00 AM

Listed by: Rebecca Wilson, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #228946139

PortlandOR logo

Recently listed in Portland