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$425,000

Beds
3
Baths
2.0
sq ft
1,798

1103 S 2nd St, Cottage Grove, OR 97424

1103 S 2nd St

Cottage Grove, OR 97424

  • 65 days on market
    • Price drop $14,000↓
Spacious single level home with room for entertainment in friendly Cottage Grove neighborhood! This turn key home features an open concept floor plan, with vaulted ceilings and lots of natural light. The master bedroom includes two walk in closets and a large ensuite with soaking tub, walk in shower, and toilet room. The walk through kitchen features beautiful new stainless steel appliances, a bar top island, and abundant pantry space! At just under a quarter acre, the property encompasses a large fenced backyard and side yard, an enclosed garden area with hydroponic system, and a beautiful covered patio space! Conveniently located near the river & main street, this home truly has it all.

Details

Property type

Single Family Residence

Est. home value

$435,029

Lot size

0.23 acres

Price per sq ft

$237

Year built

2013

Annual property taxes

$4,061.19

Monthly HOA fee

$26.67

Price History

11/07/2024
PortlandOR

PortlandOR #24390774

Price change
$425,000
-3.19%
10/09/2024
PortlandOR

PortlandOR #24390774

Price change
$439,000
-2.23%
09/19/2024
PortlandOR

PortlandOR #24390774

Listed
$449,000
+42.54%

Schools & Community

Elementary school: 

Bohemia

Middle school: 

Lincoln

High school: 

Cottage Grove

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

$384
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$390,616
Cash to seller
$384

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

February 2023

Original loan amount

$398,900

Est. remaining balance

$390,616

Interest rate

6.31%

Loan type

New Conventional, 30 year

Seller

Aaron William Hays and Elia Raquel Mendoza

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: 11/22/2024 at 7:20 PM

Listing updated: 11/12/2024 at 10:31 AM

Listed by: Ashley Brown, Wonderland Realty LLC Phone #: (541) 543-5215

MLS: PortlandOR #24390774

PortlandOR logo

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