tomo logo

$648,950

Beds
4
Baths
2.5
sq ft
3,070

1402 N Madison St, Lafayette, OR 97127

1402 N Madison St

Lafayette, OR 97127

  • 74 days on market
"The house is back on the market due to no fault of the seller; the buyer had financial issues. Financing is available on this beautiful home, Take advantage of competitive interest rates!!!! Your chance to move to Oregon Wine Country! Gorgeous home in peaceful neighborhood w/ desirable 4 bed/2.5 bath configuration, open layout, wood floors throughout and gas fireplace. Boasting a spacious primary bedroom with walk-in closet in the main floor as well as kitchen w/ granite counters, stainless steel appliances, Butler's bar and walk in food pantry. Fully finished backyard w/ large gazebo, second story deck. This beautiful house has been customized, with fine detail. the great room opens with French doors to a landscape and hardscape garden. On one side is a covered patio/awning and the other side has two large decks- one directly on top of the other. One deck is connected to the master bedroom where you can sip your early morning coffee, listen to the birds and the other directly over it is connected to the office space upstairs.All rooms have added light with Large sliding doors and windows included with the renovations. Great for entertaining, the backyard has its own separate entry from the side road, with a grand pillar entrance and pathway lightning. Ideal for a barbecue or just relaxing, this wonderful oasis can be yours today. Enjoy the mature landscaping surrounding this home and the ambiance that has been created. Community w/fantastic amenities including pool, clubhouse, fitness room & more. See why no house in this area compares! Seller Carry Financing is available on this beautiful home, Take advantage of competitive interest rates!

Details

Property type

Single Family Residence

Est. home value

$681,857

Lot size

7,405 sq ft

Price per sq ft

$212

Year built

2006

Annual property taxes

$5,212.66

Monthly HOA fee

$75

Price History

12/05/2024
PortlandOR

PortlandOR #24485404

Price change
$648,950
+2.21%
11/15/2024
PortlandOR

PortlandOR #24485404

Price change
$634,900
-0.64%
10/30/2024
PortlandOR

PortlandOR #24485404

Price change
$639,000
-0.45%

Schools & Community

Elementary school: 

Wascher

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

$103,094
Asking price
$648,950
Closing costs (~8% of asking)
-$51,916
Est. remaining loan balance
-$493,940
Cash to seller
$103,094

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

Seller’s Loan History

Lender

American Heritage Lending Inc

Loan start date

September 2022

Original loan amount

$502,125

Est. remaining balance

$493,940

Interest rate

5.54%

Loan type

New Conventional, 40 year

Seller

Dilani Bradley

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 7:25 PM

Listing updated: 12/22/2024 at 1:42 AM

Listed by: Ahmed Elsayed, Keller Williams Sunset Corridor Phone #: (503) 270-5700

MLS: PortlandOR #24485404

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