tomo logo

$1,525,000

Beds
4
Baths
5.0
sq ft
3,376

554 4th St, Lake Oswego, OR 97034

554 4th St

Lake Oswego, OR 97034

  • 99 days on market
    • Price drop $50,000↓
New Price! Imagine living in a modern luxe three-floor townhouse in the heart of Lake Oswego—a perfect blend of sophistication and convenience. This townhouse is not just a home; it's a lifestyle.Located in the heart of Lake Oswego’s finest offerings, you’ll enjoy the ease of access to charming shops, diverse restaurants, upscale grocery stores, boutique wine markets, and the vibrant farmers' market. Every summer weekend, you can stroll through the market, picking up fresh produce and artisanal goods, or indulge in a leisurely afternoon at a nearby café. The convenience of city life combined with the tranquility of lake views makes this location truly unique.This townhouse spans three floors of luxurious living space. Each floor is designed with high-end finishes and modern aesthetics, ensuring comfort and style. There are two designated breakers for an ELEVATOR if installed. Bids for install range around 40,000. The open-plan living areas are bathed in natural light, thanks to large windows. The layout is thoughtfully designed to maximize space and function. The main living area features a state-of-the-art kitchen with top-of-the-line appliances, such as a Wolf range. There is plenty of pantry room and a storage space closet under the stairs. The second floor offers a primary suite that is particularly luxurious, with a large spa-like bathroom. As well as two other bedrooms and hallway full bath. The third floor adds additional bonus area that can be used as a media room, with large French doors that open to an east facing balcony. The second primary bedroom serves as a private retreat, with its own en-suite bathroom and generous closet space and west facing private balcony.A secure, private garage offers parking and additional storage space.The addition of the ADU adds possibilities for extra income, comfortable guest quarters, or a quiet office and has a full kitchen!This townhouse offers everything that one could want. Come tour and enjoy!

Details

Property type

Townhouse

Est. home value

$1,719,164

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$452

Year built

2017

Annual property taxes

$18,284.09

Monthly HOA fee

$568

Price History

10/18/2024
PortlandOR

PortlandOR #24030154

Price change
$1,525,000
-3.17%
08/15/2024
PortlandOR

PortlandOR #24030154

Listed
$1,575,000
+14.55%
04/30/2021
PortlandOR

PortlandOR #21180545

Sold
$1,375,000

Schools & Community

Neighborhood: 

First Addition-Forest Hills

Elementary school: 

Forest Hills

Middle school: 

Lake Oswego

High school: 

Lake Oswego

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

$572,093
Asking price
$1,525,000
Closing costs (~8% of asking)
-$122,000
Est. remaining loan balance
-$830,907
Cash to seller
$572,093

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

July 2021

Original loan amount

$893,750

Est. remaining balance

$830,907

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Natasha Stewart and Joseph Stewart

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: 11/21/2024 at 6:00 PM

Listing updated: 10/19/2024 at 9:23 AM

Listed by: John Nieland, Cascade Hasson Sotheby's International Realty Phone #: (503) 420-8650

MLS: PortlandOR #24030154

PortlandOR logo

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