tomo logo

$284,900

Beds
2
Baths
2.0
sq ft
Unknown

7931 SW 40th Ave Unit F, Portland, OR 97219

7931 SW 40th Ave Unit F

Portland, OR 97219

  • 12 days on market
Welcome to your new home in the heart of charming Multnomah Village! This bright and airy top-floor condo offers the perfect blend of comfort, convenience, and community in a quiet and well-maintained complex with a perfect location just blocks from popular Multnomah Village and Gabriel Park. With newer appliances and tasteful updates to the kitchen and bathrooms, this spacious, well appointed home is move-in ready, and has a great floorplan. The sunny living room features a wood burning fireplace (only the top floor units have fireplaces), and sliding doors in the adjacent dining area lead to a private, covered deck - perfect for morning coffee or evening sunsets. The accommodating primary bedroom suite has a full bath, walk-in closet and plenty of room for a king-size bed. The 2 covered parking spaces are conveniently located near the building entrance and there is plenty of guest parking. Washer/dryer are included. Lockable storage unit built in to the private deck area. HOA includes a pool and jacuzzi! Open houses Jan 11 & 12 from 12-2pm.

Details

Property type

Condominium

Est. home value

$288,094

Lot size

Unknown

Price per sq ft

Unknown

Year built

1990

Annual property taxes

$4,802.65

Monthly HOA fee

$626

Price History

01/08/2025
PortlandOR

PortlandOR #369310886

Listed
$284,900
-1.72%
08/03/2024
PortlandOR

PortlandOR #24390454

Removed
$289,900
07/29/2024
PortlandOR

PortlandOR #24390454

Listed
$289,900

Schools & Community

Neighborhood: 

Multnomah

Elementary school: 

Maplewood

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

$77,813
Asking price
$284,900
Closing costs (~8% of asking)
-$22,792
Est. remaining loan balance
-$184,295
Cash to seller
$77,813

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

Seller’s Loan History

Lender

Onpoint Community Cu

Loan start date

June 2021

Original loan amount

$199,920

Est. remaining balance

$184,295

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Dylan Wallace and Margaret Elliott

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
$275,000
2 bd
|
1.5 ba
|
Condo

5222 SW 42nd Ave, Portland, OR 97221

Price drop
PortlandOR
$317,000
2 bd
|
2 ba
|
Condo

3925 SW Multnomah Blvd Unit 103, Portland, OR 97219

Pending
PortlandOR
$264,999
2 bd
|
2 ba
|
Condo

124 Oswego Smt, Lake Oswego, OR 97035

Status: Active

Tomo last checked: 01/21/2025 at 10:50 PM

Listing updated: 01/21/2025 at 1:52 AM

Listed by: Douglas Meyer, Windermere Realty Trust Phone #: (503) 284-7755

MLS: PortlandOR #369310886

PortlandOR logo

Recently listed in Portland

$625,000|3 bd|2.0 ba|House
$857,221|5 bd|3.0 ba|House
$878,367|5 bd|2.5 ba|House
$3,450,000|5 bd|6.0 ba|House
$637,806|4 bd|2.5 ba|House
$499,000|3 bd|2.5 ba|Condo
$1,500,000|3 bd|3.5 ba|House
$370,000|2 bd|1.0 ba|Townhouse