tomo logo

$695,000

Beds
5
Baths
3.5
sq ft
3,120

165 17th St NE, Salem, OR 97301

165 17th St NE

Salem, OR 97301

  • 327 days on market
Beautifully restored historic home just o utside downtown core w/eateries and other nearby enterprises. In the popular Court-Chemeketa historic dist. Currently operated as short-term rental but would provide spacious luxury for any owner, a live-work residence, multi-generational housing, more. Extensive upgrading/ updating of electrical, plumbing, finishings, more. Every inch of this beauty exudes style, comfort, and the home's rich history. No sign on property.

Details

Property type

Single Family Residence

Est. home value

$676,707

Property condition

Updated/Remodeled

Lot size

6,969 sq ft

Price per sq ft

$223

Year built

1895

Annual property taxes

$4,744.22

Price History

08/13/2023
PortlandOR

PortlandOR #23205573

Listed
$695,000
+124.19%
03/12/2020
PortlandOR

PortlandOR #19694098

Sold
$310,000

Schools & Community

Neighborhood: 

Northeast Neighbors

Elementary school: 

Bush

Middle school: 

Leslie

High school: 

South Salem

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

$412,539
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$226,861
Cash to seller
$412,539

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

Seller’s Loan History

Lender

Primelending

Loan start date

April 2020

Original loan amount

$248,000

Est. remaining balance

$226,861

Interest rate

3.45%

Loan type

New Conventional, 30 year

Seller

Tauren Mills

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: 07/04/2024 at 8:35 PM

Listing updated: 05/02/2024 at 1:53 PM

Listed by: Priscilla Beggs, Zenith Realty, LLC Phone #: (503) 580-2941

MLS: PortlandOR #23205573

PortlandOR logo

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