tomo logo

$270,000

Beds
2
Baths
1.0
sq ft
1,080

5244 SW 42nd Ave, Portland, OR 97221

5244 SW 42nd Ave

Portland, OR 97221

  • 113 days on market
    • Price drop $12,000↓
Near Multnomah Village and a quick stroll to coffee, eats and dog park, this townhouse-style condo offers an easy living lifestyle. Inside you will find large bedrooms, an updated kitchen, fresh paint and enclosed balconies that invite you into light-filled spaces. These nooks are great for an office, hobby room, walk-in closet or a cozy reading corner. Enjoy relaxing tree views with east-west facing windows throughout. The stainless steel appliances and tile backsplash kitchen opens to a big living space, including a bar stool area. Staircase has skylight window. This community brings you a sauna and exercise room. Private storage and deeded parking included. HOA has approved half bathroom additions. Many utilities covered in the dues. There is a lot to fall in love with in this home. Come and see it for yourself!

Details

Property type

Townhouse

Est. home value

$242,216

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$250

Year built

1973

Annual property taxes

$2,389

Monthly HOA fee

$500

Price History

05/24/2024
PortlandOR

PortlandOR #24048099

Price change
$270,000
-4.26%
04/02/2024
PortlandOR

PortlandOR #24048099

Price change
$282,000
-2.76%
03/14/2024
PortlandOR

PortlandOR #24048099

Listed
$290,000
+54.5%

Schools & Community

Neighborhood: 

Hayhurst

Elementary school: 

Hayhurst

Middle school: 

Other

High school: 

Other

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

$84,914
Asking price
$270,000
Closing costs (~8% of asking)
-$21,600
Est. remaining loan balance
-$163,486
Cash to seller
$84,914

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

August 2020

Original loan amount

$178,315

Est. remaining balance

$163,486

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Emma Joy Ediger

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
$259,100
2 bd
|
1 ba
|
888 sq ft
|
Condo

1025 SW Bertha Blvd Unit 1, Portland, OR 97219

Price drop
PortlandOR
$239,000
2 bd
|
1 ba
|
954 sq ft
|
Condo

6610 SW Terri Ct Unit 11, Portland, OR 97225

PortlandOR
$250,000
2 bd
|
1 ba
|
744 sq ft
|
Condo

908 SW Gaines St Unit 19, Portland, OR 97239

Status: Active

Tomo last checked: 07/04/2024 at 10:00 PM

Listing updated: 06/22/2024 at 4:04 PM

Listed by: Jesse Haskins, Keller Williams Premier Partners Phone #: (360) 693-3336

MLS: PortlandOR #24048099

PortlandOR logo

Recently listed in Portland

$475,000|3 bd|1.5 ba|House
$735,000|3 bd|2.0 ba|House
$619,000|4 bd|2.0 ba|House
$425,000|3 bd|1.0 ba|Townhouse
$424,950|2 bd|1.0 ba|House
$529,900|4 bd|2.5 ba|House
$399,500|3 bd|1.5 ba|House