tomo logo

$750,000

Beds
4
Baths
2.0
sq ft
2,411

1167 Ferry St, Eugene, OR 97401

1167 Ferry St

Eugene, OR 97401

  • 23 days on market
    • Price drop $25,000↓
This lovely and historic home has plenty of space and charm to offer. This house sits on land zoned "high density residential" or R-4, which would allow a future owner to develop the 585 square foot basement into additional dwelling space after renovations to meet city code. As it is, the home already produces successful rent history due to it's proximity to the University of Oregon and Bushnell University.

Details

Property type

Single Family Residence

Est. home value

$628,789

Lot size

4,356 sq ft

Price per sq ft

$312

Year built

1895

Annual property taxes

$3,857.21

Price History

07/03/2024
PortlandOR

PortlandOR #24339901

Price change
$750,000
-3.23%
06/12/2024
PortlandOR

PortlandOR #24339901

Listed
$775,000
+49.04%
10/30/2020
PortlandOR

PortlandOR #20586527

Sold
$520,000

Schools & Community

Neighborhood: 

West University

Elementary school: 

Edison

Middle school: 

Roosevelt

High school: 

South Eugene

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

$335,892
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$354,108
Cash to seller
$335,892

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

Seller’s Loan History

Lender

Mortgage Express Llc

Loan start date

October 2020

Original loan amount

$385,500

Est. remaining balance

$354,108

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

David J Peterson and Matthew E Krook

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: 07/04/2024 at 9:55 PM

Listing updated: 07/02/2024 at 5:03 PM

Listed by: Caleb Fjarli, Onward Realty Phone #: (541) 225-5161

MLS: PortlandOR #24339901

PortlandOR logo

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