tomo logo

$479,900

Beds
4
Baths
2.5
sq ft
1,510

1025 SE Millwright Ave, Mcminnville, OR 97128

1025 SE Millwright Ave

McMinnville, OR 97128

  • 21 days on market
Welcome to 1025 SE Millwright Ave, a home freshly upgraded with 3rd vehicle parking pad and easy maintenance front yard. This 4 bedroom home sits in a subdivision with lots 50% larger that most new construction lots! The open main floor walks out to a 10'x10' patio and fully fenced yard open to many possibilities. Upstairs you will find 4 bedrooms giving you many options for work, life and home. Kitchen cabinets pop with their natural wood finish and tile counters create easy clean up. Street signs and deed show 1025 SE Millwright Ave whereas most online systems including maps is missing the W and can be found by searching 1025 SE Millright Ave. Home is eligible for low-income buyers through the USDA 502 Direct Loan Program, subject to qualification and program availability.

Details

Property type

Single Family Residence

Est. home value

$435,929

Lot size

5,227 sq ft

Price per sq ft

$318

Year built

2014

Annual property taxes

$3,587.2

Price History

09/01/2024
PortlandOR

PortlandOR #24540989

Removed
$479,900
08/29/2024
PortlandOR

PortlandOR #24540989

Listed
$479,900
+31.48%
03/26/2021
PortlandOR

PortlandOR #21158766

Sold
$365,000
+87.28%

Schools & Community

Elementary school: 

Buel

Middle school: 

Patton

High school: 

McMinnville

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

$101,256
Asking price
$479,900
Closing costs (~8% of asking)
-$38,392
Est. remaining loan balance
-$340,252
Cash to seller
$101,256

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

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

March 2021

Original loan amount

$368,686

Est. remaining balance

$340,252

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Jack D Maxwell Iii and Victoria Lynn Maxwell

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: 09/18/2024 at 6:55 PM

Listing updated: 09/06/2024 at 4:19 PM

Listed by: Kristi Masterson, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24540989

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