tomo logo

$445,000

Beds
3
Baths
2.0
sq ft
1,500

5225 Jean Rd Unit 501, Lake Oswego, OR 97035

5225 Jean Rd Unit 501

Lake Oswego, OR 97035

  • 3 days on market
    • Open house Oct 06
This spacious condo is an upper-level end unit and the largest floor plan in the community. The home has newer engineered wood floors, vaulted ceilings, a wood burning fireplace and modern kitchen and bathrooms including quartz counters and stylish cabinetry. Teeming with light, additional features include a composite deck, mini-split zonal HVAC and a spacious primary suite complete with walk-in closet. Oswego Bay Condos have a clubhouse, community pool and pride of ownership. The siding, roof, windows and deck were replaced in 2016 making this home is ready to move in and enjoy! Seller is licensed broker in the state of Oregon.

Details

Property type

Condominium

Est. home value

$433,453

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$297

Year built

1993

Annual property taxes

$5,267.21

Monthly HOA fee

$531

Price History

10/03/2024
PortlandOR

PortlandOR #24429000

Listed
$445,000
+1.08%
06/07/2023
PortlandOR

PortlandOR #23680991

Sold
$440,250
-3.24%
02/14/2022
PortlandOR

PortlandOR #22689010

Sold
$455,000
+30.04%

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

$93,798
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$315,602
Cash to seller
$93,798

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

November 2020

Original loan amount

$345,000

Est. remaining balance

$315,602

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

K David Bradley Ii and K David Bradley Ii 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?

Status: Active

Tomo last checked: 10/05/2024 at 6:15 PM

Listing updated: 10/04/2024 at 10:39 PM

Listed by: Melissa Framiglio, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24429000

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