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$399,993

Beds
3
Baths
2.0
sq ft
Unknown

1048 Barnes Av SE, Salem, OR 97306

1048 Barnes Av SE

Salem, OR 97306

  • 16 days on market
    • Price drop $10,007↓
Tucked on a peaceful street yet close to shopping, schools, and bus lines, this 3-bedroom, 2-bath home features an open floor plan with vaulted ceilings. Recent upgrades include new laminate floors, a range, furnace, and water heater. The kitchen offers a breakfast bar, double sink, pantry, and dining area with an adjacent laundry room. The primary suite has two closets and an ensuite bath, plus two more bedrooms and a full bath. A fully fenced yard with a deck completes this move-in-ready gem!

Details

Property type

Single Family Residence

Est. home value

$393,400

Lot size

6,098 sq ft

Price per sq ft

Unknown

Year built

2000

Annual property taxes

$4,060.95

HOA

No

Price History

03/26/2025
PortlandOR

PortlandOR #765267201

Price change
$399,993
-2.44%
03/14/2025
PortlandOR

PortlandOR #765267201

Listed
$410,000

Schools & Community

Neighborhood: 

South Gateway

Elementary school: 

Sumpter

Middle school: 

Crossler

High school: 

Sprague

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

$199,404
Asking price
$399,993
Closing costs (~8% of asking)
-$31,999
Est. remaining loan balance
-$168,590
Cash to seller
$199,404

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

Seller’s Loan History

Lender

Cmg Mortgage Inc

Loan start date

September 2019

Original loan amount

$190,000

Est. remaining balance

$168,590

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Brian M Taylor and Laura A Taylor

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?

Status: Active

Tomo last checked: 03/31/2025 at 1:30 AM

Listing updated: 03/26/2025 at 4:56 PM

Listed by: Dewey Whitton, The Salem Real Estate Group Phone #: (503) 949-3623

MLS: PortlandOR #765267201

PortlandOR logo

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