tomo logo

$649,000

Beds
6
Baths
3.0
sq ft
2,920

206 NE Front St, Prairie City, OR 97869

206 NE Front St

Prairie City, OR 97869

  • 412 days on market
    • Price drop $20,000↓
Located near the heart of Prairie City with majestic Mtn. views. This property includes 2 houses. One has been used as a VRBO for 10+ years with excellent success & reviews and the apartment over a garage was built between 2016-2018. You can live in the Main house & rent the apartment or live in the apartment and continue to use the main house as a VRBO The choice is yours. The main house, built in 1889 has lovingly been remodeled over the past 29 years to restore the old time charm but with some modern updates. This 2200 sq.ft. home features an updated kitchen with new appliances in 2023, built in cupboards, eat-in area and an island. A full bathroom, laundry room & bedroom are also on the main floor. Enjoy a large family dinner in the formal dining room that will seat 8-10 people, when you're ready to relax, retire to the sitting room/library and take in the breathtaking Mt. views or wander out onto the covered deck & relax in the swing. If you get chilly, then make your way to the smokeless fire pit in the garden area and marvel at the views from there. The second story includes 3 bedrooms that feature different areas of Oregon such as the Oregon Coast, Eastern Oregon & the Willamette Valley. The upstairs bathroom gives salute to the Eiffel Tower, which was built the same year as this house. Take advantage of the Family Room upstairs which features movies, puzzles & boards games to reconnect with family. The apartment over the garage in the back of the property is 720sqft on each level. The bottom features 2 car garage, laundry room & spacious pantry area with lots of storage. The upstairs is a well designed open concept kitchen, dining room & living room area with decks on both sides. You'll find 2 bedrooms & 1 bathroom with plenty of space saving functionality & storage. City services, heat pump for heating & cooling. RV hookups, additional parking, possible 3rd story bedroom, garden, fruit trees, fiber wifi, pasture, Lots of recreational opportunities.

Details

Property type

Single Family Residence

Est. home value

$671,602

Property condition

Updated/Remodeled

Lot size

0.45 acres

Price per sq ft

$223

Year built

1889

Annual property taxes

$2,120.27

Price History

07/05/2024
PortlandOR

PortlandOR #23055636

Price change
$649,000
-2.99%
05/16/2024
PortlandOR

PortlandOR #23055636

Price change
$669,000
-0.89%
08/04/2023
PortlandOR

PortlandOR #23055636

Listed
$675,000

Schools & Community

Elementary school: 

Prairie City

Middle school: 

Prairie City

High school: 

Prairie City

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

$575,564
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$21,516
Cash to seller
$575,564

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

December 2015

Original loan amount

$42,000

Est. remaining balance

$21,516

Interest rate

2.98%

Loan type

New Conventional, 16 year

Seller

David Wayne Hoeffner and Jannet Dale Hoeffner

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: 09/19/2024 at 3:30 PM

Listing updated: 09/13/2024 at 2:38 AM

Listed by: Traci Frazier, Eastern Oregon Realty, Inc. Phone #: (541) 575-2121

MLS: PortlandOR #23055636

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