tomo logo

$424,900

Beds
3
Baths
1.5
sq ft
1,092

1302 SW 63rd St, Lincoln City, OR 97367

1302 SW 63rd St

Lincoln City, OR 97367

  • 70 days on market
Escape the hustle & bustle to find your haven by the sea! Perfect for a vacation home near the beach, income potential residence, or primary home in the heart of coastal living, this home boasts unlimited potential. Recently remodeled w/thoughtful upgrades throughout that include new flooring, paint, & an upgraded 90% efficient gas heating system. Main living area ftrs plenty of room for entertaining + an open concept layout. The kitchen boasts all new appliances, granite counters, an island w/breakfast bar seating, & plenty of cabinetry for storage. 3 bedrooms share a full bath + half bath. Outside you'll find a covered deck for year-round entertainment, slow mornings w/coffee, or grilling in the evenings. A well-manicured fully fenced yard provides plenty of space for pets or a small potential garden area. The potential is endless & the location is prime! A coastal gem conveniently located near the Pelican Brewery, restaurants, local beaches, scenic walking trails + hiking, & more.

Details

Property type

Single Family Residence

Est. home value

$420,865

Lot size

4,791 sq ft

Price per sq ft

$390

Year built

1980

Annual property taxes

$2,866.32

Price History

10/14/2024
PortlandOR

PortlandOR #24424238

Listed
$424,900

Schools & Community

Elementary school: 

Taft

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

$133,221
Asking price
$424,900
Closing costs (~8% of asking)
-$33,992
Est. remaining loan balance
-$257,687
Cash to seller
$133,221

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

January 2024

Original loan amount

$260,000

Est. remaining balance

$257,687

Interest rate

7.22%

Loan type

New Conventional, 30 year

Seller

Denzel Ray Morgan and Julie K Morgan

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: 12/23/2024 at 4:30 AM

Listing updated: 10/14/2024 at 12:34 PM

Listed by: Holly Cole, Keller Williams Realty Central Oregon Phone #: (541) 585-3760

MLS: PortlandOR #24424238

PortlandOR logo

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