tomo logo

$1,530,000

Beds
4
Baths
3.5
sq ft
4,734

11825 NE Lauren Ln, Newberg, OR 97132

11825 NE Lauren Ln

Newberg, OR 97132

  • 164 days on market
    • Price drop $10,000↓
Recent price adjustment to 1,530,000. Situated on 3.33 acres, this exquisite private estate offers captivating sunset vistas encompassing Newberg, the Red Hills, and the Coast Range, accessible from three expansive decks! When entering the house, gleaming hardwood floors greet you and are adorned throughout the main floor. The recently updated gourmet kitchen features quartzite countertops, a marble backsplash, and premium stainless-steel appliances, including dual ovens. The primary ensuite has a large walk-in closet. The lower level is highlighted by a versatile bonus room with a bar and a separate entrance, complemented by a spacious flex room with potential for dual living by a non-conforming 5th bedroom and a full bathroom. The home has two newer furnaces, two hot water heaters, air conditioning units, and electrical panels. Approximately 1000 square feet of additional storage space, not included in the listed square footage, underscores the property's practical appeal including a large utility sink, lumber rack, work bench and cabinets. Conduct your own due diligence.

Details

Property type

Single Family Residence

Est. home value

$1,586,313

Lot size

3.33 acres

Price per sq ft

$324

Year built

1991

Annual property taxes

$11,580.67

Price History

11/08/2024
PortlandOR

PortlandOR #24163831

Price change
$1,530,000
-0.65%
10/16/2024
PortlandOR

PortlandOR #24163831

Price change
$1,540,000
-0.65%
09/19/2024
PortlandOR

PortlandOR #24163831

Listed
$1,550,000

Schools & Community

Elementary school: 

Mabel Rush

Middle school: 

Mountain View

High school: 

Newberg

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

$1,153,176
Asking price
$1,530,000
Closing costs (~8% of asking)
-$122,400
Est. remaining loan balance
-$254,424
Cash to seller
$1,153,176

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 2013

Original loan amount

$350,000

Est. remaining balance

$254,424

Interest rate

3.53%

Loan type

New Conventional, 30 year

Seller

Rebecca R Robinson

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: 12/22/2024 at 7:00 PM

Listing updated: 12/22/2024 at 1:41 AM

Listed by: Steven Brown, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #24163831

PortlandOR logo

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