Lovely light filled two bedroom/one bath apartment in the North Tabor area of Portland, Oregon. Vintage charm with modern amenities. Built in the 40's but fully renovated with brand new kitchen and bathroom, stainless steel appliances, and refinished hardwood floors. This ground level unit faces a beautifully landscaped courtyard with a fountain and seating area. The View is a very quiet, one hundred percent owner-occupied complex. Walk to Mount Tabor park, Fred Meyer, and the Max light rail downtown/airport line. Grow your own veggies in the community garden!
This really is a sweet place to live; it’s safe, pretty, quiet, convenient, and completely maintenance free.
Address: 255 NE 61st Ave, unit 15 at “The View” condominiums.
Asking $179K
2 bedroom, 1 bath
800 sq. ft.
Off-street parking
Taxes: $2194 per year
HOA fees: $341 per month. Sound like a lot? HOA covers: heat, water, garbage & recycling, building insurance, exterior and common area maintenance, and extensive landscaping. Your only bills are: gas (for stove and hot water) and electric – usually around $35 a month, combined.
Year built: 1945
This is a For Sale By Owner. If you're wondering how that works, please read my description of the process below the photos. If you are working with a real estate agent, I would be happy to co-broker with your buyer's agent.
If you have questions or would like to make an appointment to see the apartment, please contact me:
e-mail: twobedroomattheview@yahoo.com
phone: 917 747 7694
phone: 917 747 7694
The extensively landscaped grounds create a park-like setting at The View. This is the entry way to unit #15.
Sunlit kitchen with tile countertops and backsplash.
Cherry cabinets, gas range, stainless appliances.
Dishwasher, microwave, garbage disposal - the kitchen is fully loaded.
The apartment has a proper dining room!
Dining room.
Brand new bathroom with tiled shower and marmoleum floors.
The living room faces a large courtyard.
Living room.
Sorry, I'm keeping the artwork!
One of the bedrooms.
The larger of the two bedrooms faces the courtyard.
The fountain in the courtyard at The View.
You can have your own garden space if you like!
The FSBO process, in a nutshell.
1. The seller and buyer fill out and sign an “owners sale agreement and earnest money receipt” form. This is a legal form that constitutes a real estate sales contract in the state of Oregon. The seller and buyer may fill out and sign an addendum to the contract, adding any contingencies to their agreement. (Examples of contingencies: the buyer may want to require that his/her purchase is contingent upon securing a specific type of mortgage loan. The seller may want to require that the sale is contingent upon the buyer securing the mortgage within a specified time frame.)
2. The buyer makes out an “earnest money deposit” check meant to demonstrate his/her earnest intent to purchase the property. The buyer does not make the earnest money deposit check out directly to the seller, rather to a third party called a “title company”.
3. The deposit check and the signed sales agreement are taken to a title company, where the money is held in an account called “escrow”. The title company holds the deposit while the buyer and seller fulfill the terms of their sales agreement. The title company also “clears the title”, legally proving that the seller owns the property and therefore has the right to sell it.
While the title company holds the buyer’s deposit in escrow:
4. The seller must provide the buyer with disclosure forms. These forms are meant to make the buyer aware of any known defects with the property. The buyer has five days after receiving the seller’s disclosures to revoke his/her offer to buy the property.
5. The buyer has the right to hire a licensed building inspector of his/her choosing to inspect the property. (The buyer is not required by law to hire an inspector, but it’s in his/her best interest to make sure there are no hidden defects with the property.) Buyer and seller may renegotiate the purchase price if major defects are found during the inspection.
6. Unless the buyer is paying cash, he/she must secure financing to purchase the property within the time frame specified in the sales agreement.
7. Once the buyer and seller have fulfilled the terms of their sales agreement, they are ready to “close” the deal. The buyer may take a final walk through of the property just before closing.
8. The closing takes place at the title company. The buyer will make a check out to the seller and the seller will sign the deed over to the buyer. The title company handles the closing documents.
9. The buyer takes possession of or moves into property.
10. Everyone celebrates!
