tomo logo

$693,131Estimated home value

Beds
4
Baths
2.0
sq ft
1,517

1785 NW Hobbs Rd, Cornelius, OR 97113

1785 NW Hobbs Rd

Cornelius, OR 97113

  • Sold On 10/25/2024
    • Price drop $25,100↓
Charming farmhouse on just under 1 flat acre. Surrounded by beautiful farmland, this home is dreamy! Four bedrooms, two bathrooms plus converted living/bonus space with upstairs room - about 700 square feet, not included in listing square footage. As you stroll through the front gate you'll be welcomed by a beautiful garden and lovely flat front yard. When you enter the home you'll notice an inviting living room with gleaming hardwoods, dining room with French doors, 3rd bedroom or office and a lovely kitchen with eating nook. Upstairs is the primary bedroom, second bedroom and another full bathroom. Off of the kitchen is a storybook mudroom with access to the front or backyard and the finished bonus space. You can use this rec/bonus room as a theatre with the included projector, exercise room, laundry space, family room, etc. Upstairs is another bedroom/office or bonus space.Outdoors you'll find a large 42' x 32' outbuilding with a wood shop and plenty of storage for farm equipment, toys and perfect for a hobbyist! There is also a shed, fire pit and the yard is fully fenced. Upgrades since 2020 are: conversion from propane to gas, new gas line, high-efficiency gas furnace, added insulation throughout much of home, new septic main line and 180 additional feet of drain field.

Details

Property type

Single Family Residence

Est. home value

$693,131

Lot size

0.93 acres

Price per sq ft

$495

Year built

1962

Annual property taxes

$2,963.67

Price History

10/25/2024
PortlandOR

PortlandOR #24122862

Sold
$725,000
-3.32%
09/23/2024
PortlandOR

PortlandOR #24122862

Pending
$749,900
09/17/2024
PortlandOR

PortlandOR #24122862

Price change
$749,900
-3.24%

Schools & Community

Elementary school: 

Free Orchards

Middle school: 

Evergreen

High school: 

Glencoe

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

$271,270
Asking price
$749,900
Closing costs (~8% of asking)
-$59,992
Est. remaining loan balance
-$418,638
Cash to seller
$271,270

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

Seller’s Loan History

Lender

Sierra Pacific Mortgage Co Inc

Loan start date

November 2020

Original loan amount

$461,600

Est. remaining balance

$418,638

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Ryan Matthew Black and Shanie Lee Black

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?

Status: Off Market

Tomo last checked: 01/14/2025 at 9:25 PM

Listing updated: 10/25/2024 at 2:30 PM

Listed by: Katlin Ronningen, Haven Real Estate LLC Phone #: (503) 858-5141

MLS: PortlandOR #24122862

PortlandOR logo

Recently listed in Cornelius