tomo logo

$420,000

Beds
3
Baths
2.0
sq ft
1,258

171 Morse Ave, Creswell, OR 97426

171 Morse Ave

Creswell, OR 97426

  • 4 days on market
    • Open house Oct 06
Lovely 2001 three bed, two bath home in a popular Creswell neighborhood. High vaulted ceilings, gleaming updated LVP flooring and bountiful windows make this home light and bright. Great room design feels large and roomy. Kitchen offers built in appliances, breakfast bar and abundant cabinetry. Fenced backyard is nicely landscaped and enjoys a large extended partially covered patio. Master suite enjoys an updated bathroom and walk-in closet. NEW roof scheduled to be completed prior to close. New water heater recently installed. Just blocks from local schools.

Details

Property type

Single Family Residence

Est. home value

$419,946

Lot size

6,098 sq ft

Price per sq ft

$334

Year built

2001

Annual property taxes

$3,067.82

Price History

10/02/2024
PortlandOR

PortlandOR #24000953

Listed
$420,000
-1.18%
08/08/2023
PortlandOR

PortlandOR #23612479

Sold
$425,000
+13.33%
11/24/2021
PortlandOR

PortlandOR #21652701

Sold
$375,000
+89.39%

Schools & Community

Elementary school: 

Creslane

Middle school: 

Creswell

High school: 

Creswell

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

$114,878
Asking price
$420,000
Closing costs (~8% of asking)
-$33,600
Est. remaining loan balance
-$271,522
Cash to seller
$114,878

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

Seller’s Loan History

Lender

Mortgage Express Llc

Loan start date

August 2023

Original loan amount

$275,000

Est. remaining balance

$271,522

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Wendy L Peterman and Michael David Long

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: 10/05/2024 at 8:25 PM

Listing updated: 10/03/2024 at 4:14 AM

Listed by: Jewon Jung, ICON Real Estate Group Phone #: (541) 915-2080

MLS: PortlandOR #24000953

PortlandOR logo

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