tomo logo

$424,999

Beds
2
Baths
1.5
sq ft
960

551 S Texas St, Portland, OR 97219

551 S Texas St

Portland, OR 97219

  • 58 days on market
    • Price drop $24,901↓
Welcome to this terrific turn-key townhome in John's Landing! Experience easy living at this energy efficient and low-maintenance property with NO HOA! This one really has it all: modern updates, cozy comforts, and a stellar location. Updates in 2021 included a new sewer line and new roof. Further improved in 2022 with mini-split heat/AC and all new vinyl windows. Set back from the street for privacy, a lovely patio and covered porch welcome you. Entering through the newer front door brings you into an entry area with half-bath. A custom steel handrail guides you upstairs to a spacious pantry and then into the gleaming kitchen with quartz counters, stainless appliances, and an eating bar. The open dining and living rooms have vaulted ceilings with large skylight and a stacked stone fireplace surround, creating an airy and cozy vibe. The lower level features two bedrooms, a bathroom with tub, quartz counters, and tile floor, a newer washer/dryer tucked in their own laundry closet, and additional storage. All of this ease and abundance sits in a great neighborhood just blocks from Zupan’s Market, Willamette Park, the Willamette Greenway path, restaurants and pubs, and convenient to downtown. Tandem parking in the carport and a shed for tools and toys. Walk Score = 73 / Bike Score = 92.

Details

Property type

Townhouse

Est. home value

$401,793

Lot size

2,178 sq ft

Price per sq ft

$443

Year built

1985

Annual property taxes

$3,703.68

Price History

12/07/2024
PortlandOR

PortlandOR #24006341

Price change
$424,999
-5.53%
10/25/2024
PortlandOR

PortlandOR #24006341

Listed
$449,900
+12.19%
12/21/2021
PortlandOR

PortlandOR #21655454

Sold
$401,000
-16.46%

Schools & Community

Neighborhood: 

Corbett-Terwilliger-Lair Hill

Elementary school: 

Capitol Hill

Middle school: 

Jackson

High school: 

Ida B Wells

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

$31,250
Asking price
$424,999
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$359,749
Cash to seller
$31,250

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

December 2021

Original loan amount

$384,000

Est. remaining balance

$359,749

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Todd Harwell and Jose Arrieta

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: 12/22/2024 at 3:25 AM

Listing updated: 12/07/2024 at 3:27 PM

Listed by: Michael Bluhm, Neighbors Realty Phone #: (503) 444-9338

MLS: PortlandOR #24006341

PortlandOR logo

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