tomo logo

$410,000

Beds
3
Baths
1.0
sq ft
1,085

1221 NE 27th St, Mcminnville, OR 97128

1221 NE 27th St

McMinnville, OR 97128

  • 66 days on market
    • Price drop $9,900↓
This charming one-level ranch offers 3 cozy bedrooms and 1 full bath, with tasteful updates throughout. Nestled near an array of amenities like parks, dining, and shopping, convenience is at your fingertips. Step inside to discover the seamless blend of classic charm and modern style. The spacious living area features new Luxury Vinyl Plank flooring and all new vinyl windows that provide a wealth of natural light. You'll be able to sit and enjoy year-round comfort with the newly installed heat pump. The kitchen is equipped with sleek stainless-steel appliances and a combo dining room which leads to the patio area and the expansive backyard. The lot spans nearly a 3rd of an acre, in town! There's ample space for gardening enthusiasts or any other outdoor activities you can think of. The possibilities are truly endless! Great potential for an Accessory Dwelling Unit, (subject to city approval, buyers to conduct their own due diligence). Imagine creating a separate living space for guests or generating rental income, the choice could be yours! If you're looking for space to store your toys the side yard has plenty of room to allow for backyard access or to park your RV. For those who love to tinker or pursue DIY projects, the included workshop with a concrete floor and its own breaker panel provides the perfect space to unleash your creativity. Ask about the assumable FHA mortgage at 2.99%! Don't miss out on this opportunity, schedule a viewing today and envision your own endless possibilities! Listing agent is related to sellers.

Details

Property type

Single Family Residence

Est. home value

$386,978

Property condition

Updated/Remodeled

Lot size

0.31 acres

Price per sq ft

$378

Year built

1952

Annual property taxes

$2,621.21

Price History

07/06/2024
PortlandOR

PortlandOR #24153384

Price change
$410,000
-2.36%
06/22/2024
PortlandOR

PortlandOR #24153384

Listed
$419,900
06/05/2024
PortlandOR

PortlandOR #24153384

Pending
$419,900

Schools & Community

Elementary school: 

Grandhaven

Middle school: 

Patton

High school: 

McMinnville

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

$74,527
Asking price
$410,000
Closing costs (~8% of asking)
-$32,800
Est. remaining loan balance
-$302,673
Cash to seller
$74,527

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

Seller’s Loan History

Lender

Evergreen Moneysource Mortgage Co

Loan start date

October 2020

Original loan amount

$328,932

Est. remaining balance

$302,673

Interest rate

2.99%

Loan type

FHA, 30 year

Seller

Spencer W Taylor and Kendahl N 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?

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2111 NE 27th St, Mcminnville, OR 97128

Status: Active

Tomo last checked: 07/07/2024 at 5:20 PM

Listing updated: 07/06/2024 at 1:33 PM

Listed by: Joseph Olivares, Bella Casa Real Estate Group Phone #: (503) 437-9005

MLS: PortlandOR #24153384

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