tomo logo

$549,000

Beds
2
Baths
3.0
sq ft
1,368

1934 17th St, Florence, OR 97439

1934 17th St

Florence, OR 97439

  • 133 days on market
Welcome to a rare investment opportunity in the heart of Florence. This property presents a blend of convenience and potential with two houses on one lot. Anchored by a spacious 3 bedroom, 2 bath house and complemented by a separate charming 2 bedroom, 1 bath residence, it offers versatility for rental income or extended family living. Ideally located for both residents and tenants, it's minutes from shopping, the hospital, and the picturesque Old Town district. Outdoor enthusiasts will appreciate easy access to dunes and other recreational areas. With existing tenants, this property promises immediate rental revenue and ample room for growth. Lots of potential! Explore the possibilities of owning a piece of Florence's vibrant community, viewings available by appointment.

Details

Property type

Single Family Residence

Est. home value

$426,414

Lot size

6,098 sq ft

Price per sq ft

$402

Year built

1958

Annual property taxes

$2,554.08

Price History

10/02/2024
PortlandOR

PortlandOR #24031171

Removed
$549,000
08/27/2024
PortlandOR

PortlandOR #24031171

Removed
$549,000
08/06/2024
PortlandOR

PortlandOR #24031171

Listed
$549,000

Schools & Community

Elementary school: 

Siuslaw

Middle school: 

Siuslaw

High school: 

Siuslaw

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

$201,198
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$303,882
Cash to seller
$201,198

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

Seller’s Loan History

Lender

Envoy Mortgage Ltd

Loan start date

January 2022

Original loan amount

$323,200

Est. remaining balance

$303,882

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Elinor Maria Sparks and Randall D Sparks

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: 11/21/2024 at 9:10 PM

Listing updated: 10/02/2024 at 2:55 PM

Listed by: Sarah Quinn, Berkshire Hathaway HomeServices NW Real Estate Phone #: (541) 997-6000

MLS: PortlandOR #24031171

PortlandOR logo

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