tomo logo

$379,000

Beds
2
Baths
2.0
sq ft
Unknown

120 N Riverton Ct, Otis, OR 97368

120 N Riverton Ct

Otis, OR 97368

  • 96 days on market
*Charming and Unique Home for (379,000) -120 N. Riverton Ct. Otis, OR Perfectly situated on a *double lot* with access from both Hobby Ct and Riverton Ct, this home provides incredible convenience.**Here's why this property stands out: 1*One of the most attractive benefits of this property is its *exceptionally low water bill*just 350 per year. That's a fraction of what most homeowners pay!2.* This is the *only property in the area* with access from 2 streets. Drive in from Hobby Ct and exit onto Riverton Ct, providing unparalleled ease for parking trailers or other vehicles. 3.*This home is **heavily insulated**, providing unmatched temperature control. Even on the hottest summer days, you won't need air conditioning or even a fan. The home maintains a comfortable temperature year-round, making it one of the best-insulated homes you'll ever experience. 4.*All-New Windows *Recently replaced for improved efficiency and aesthetics. *New Siding *Fresh and durable siding gives the home a polished, modern look. *Recently Replaced Roof*Offers peace of mind and longevity. 3 Skylights Brighten the interior with natural light, creating a warm and inviting atmosphere. 5.*Pond* Located at the northwest corner of the property, the pond adds natural beauty and creates a calming water ambiance. *Spacious Yard*Plenty of room for gardening, entertaining, or simply enjoying the tranquil surroundings. 6.*Converted Side Room* Formerly a garage, this spacious room offers *tons of storage in the attic* and ample storage within the room itself. *Shed/Workshop* Adjacent to the side room is a shed with pegboard and proper lighting, making it ideal as a *small shop or workshop-shed combo* 7.*Energy-Efficient and Alternative Power Ready*Transfer Switch Installed*Easily connect a generator to power essential circuits such as the refrigerator, heaters, and central Lighting.8.*Brand-New Tankless Water Heater.

Details

Property type

Single Family Residence

Est. home value

$374,096

Lot size

0.28 acres

Price per sq ft

Unknown

Year built

1950

Annual property taxes

$1,932.69

HOA

No

Price History

10/20/2024
PortlandOR

PortlandOR #24403411

Listed
$379,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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

$226,650
Asking price
$379,000
Closing costs (~8% of asking)
-$30,320
Est. remaining loan balance
-$122,030
Cash to seller
$226,650

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

Seller’s Loan History

Lender

Dba Amerifirst Mortgage Solutions

Loan start date

January 2009

Original loan amount

$179,029

Est. remaining balance

$122,030

Interest rate

6.04%

Loan type

FHA, 30 year

Seller

Karob Austin

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: 01/23/2025 at 4:40 PM

Listing updated: 01/19/2025 at 8:28 PM

Listed by: David Davis, Realty One Group Willamette Valley Phone #: (503) 881-2313

MLS: PortlandOR #24403411

PortlandOR logo

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