tomo logo

$1,099,000

Beds
4
Baths
3.5
sq ft
3,161

8427 NW Timber Ridge Ct, Portland, OR 97229

8427 NW Timber Ridge Ct

Portland, OR 97229

  • 96 days on market
    • Price drop $50,000↓
Welcome to your private oasis nestled in the NW Portland Hills. Uniquely situated in a secluded forest-like setting with breathtaking valley and sunset views, this striking contemporary home offers a rare blend of privacy and convenient access to local amenities, parks, trails, and vibrant city life. As you step inside you’ll be greeted by an open and inviting feel, and an abundance of natural light, creating a bright and airy ambiance throughout. The thoughtfully designed floor plan, functional for everyday living and entertaining, features two spacious west-facing decks that emphasize a connection to the outdoors. Primary bedroom suite features include a gas fireplace, private deck and updated spa-like ensuite bathroom. Additional highlights include a luxurious open-concept kitchen, lower level bonus room/guest suite with en suite bathroom, 3 car garage, new furnace + A/C in 2022, high-end finishes, ample storage, and tasteful updates throughout. [Home Energy Score = 2. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10196211]

Details

Property type

Single Family Residence

Est. home value

$1,047,087

Lot size

0.41 acres

Price per sq ft

$348

Year built

1998

Annual property taxes

$16,609.11

Price History

09/04/2024
PortlandOR

PortlandOR #24274071

Price change
$1,099,000
-4.35%
08/01/2024
PortlandOR

PortlandOR #24274071

Listed
$1,149,000
+23.81%
12/03/2021
PortlandOR

PortlandOR #21116864

Sold
$928,000

Schools & Community

Neighborhood: 

Northwest Heights

Elementary school: 

Forest Park

Middle school: 

West Sylvan

High school: 

Lincoln

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

$314,854
Asking price
$1,099,000
Closing costs (~8% of asking)
-$87,920
Est. remaining loan balance
-$696,226
Cash to seller
$314,854

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

Seller’s Loan History

Lender

Castle & Cooke Mortgage Llc

Loan start date

December 2021

Original loan amount

$742,400

Est. remaining balance

$696,226

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Jonathan Edward Marshall and Elyse P Marshall

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: 11/05/2024 at 3:25 AM

Listing updated: 10/22/2024 at 6:57 PM

Listed by: Mike Rushing, Corcoran Prime Phone #: (503) 321-2000

MLS: PortlandOR #24274071

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