tomo logo

$580,000

Beds
3
Baths
2.5
sq ft
1,700

8 SE 71st Ave, Portland, OR 97215

8 SE 71st Ave

Portland, OR 97215

  • 165 days on market
    • Price drop $25,000↓
Elevated Living: Luxe 3-Bed Condo in Mt. Tabor! This breathtaking 3-bedroom, 2.5-bathroom condo embodies the epitome of refined living. As you enter, you are greeted by an exquisitely designed open concept layout, boasting luxurious hardwood floors, cascades of natural light, and the allure of expansive windows. The heart of this home lies within its stunning kitchen, a culinary haven adorned with sleek quartz countertops, premium stainless steel appliances, and a welcoming eat-in bar. With ample storage and counter space, culinary adventures are limitless. Indulge in the convenience of a spacious laundry room complete with a sink and additional storage, then retreat to the sprawling primary ensuite, where tranquility awaits. Luxuriate in the lavish bathroom featuring a walk-in shower, indulgent soaking tub, double sinks, and an oversized walk-in closet. Step outside to a serene patio sanctuary, perfect for entertaining guests or savoring your morning coffee. Nestled in the Mt. Tabor neighborhood, revel in proximity to schools, verdant parks, chic boutiques, and an array of dining options. Seize this rare opportunity to call this stunning property your own in one of Portland's most coveted neighborhoods. [Home Energy Score = 10. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10167379]

Details

Property type

Condominium

Est. home value

$619,861

Lot size

Unknown

Price per sq ft

$342

Year built

2018

Annual property taxes

$7,306.75

Monthly HOA fee

$50

Price History

11/11/2024
PortlandOR

PortlandOR #24307937

Price change
$580,000
-4.13%
10/02/2024
PortlandOR

PortlandOR #24307937

Removed
$605,000
08/06/2024
PortlandOR

PortlandOR #24307937

Listed
$605,000

Schools & Community

Neighborhood: 

Mount Tabor

Elementary school: 

Vestal

Middle school: 

Harrison Park

High school: 

Leodis McDaniel

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

$126,633
Asking price
$580,000
Closing costs (~8% of asking)
-$46,400
Est. remaining loan balance
-$406,967
Cash to seller
$126,633

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

Seller’s Loan History

Lender

Lakeview Loan Servicing Llc

Loan start date

January 2020

Original loan amount

$450,500

Est. remaining balance

$406,967

Interest rate

3.68%

Loan type

New Conventional, 30 year

Seller

Patrick Moreau

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 6:05 PM

Listing updated: 11/10/2024 at 4:41 PM

Listed by: Aaron Pontius, Opt Phone #: (503) 908-4908

MLS: PortlandOR #24307937

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