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$399,950

Beds
2
Baths
1.0
sq ft
1,016

2132 NW Inlet Ave, Lincoln City, OR 97367

2132 NW Inlet Ave

Lincoln City, OR 97367

  • 125 days on market
    • Price drop $25,050↓
Coastal Cottage Getaway! This single-level, 2-bed, 1-bath cottage is ideally located just across the street from oceanfront and only a block to direct beach access. The open-concept living area features a cozy wood stove, while the completely NEW kitchen boasts quartz countertops, custom cabinets, and stainless-steel appliances.Relax in your hot tub or enjoy the privacy of a fenced backyard. Storage shed included for your gardening tools and beach toys. Conveniently close to local shopping, dining, golf, Chinook Winds Casino, and miles of beautiful sandy beach. Don't miss this opportunity to own your unique coastal escape! Seller will review all offers Monday August 26, at 3pm.

Details

Property type

Single Family Residence

Est. home value

$378,696

Lot size

4,791 sq ft

Price per sq ft

$394

Year built

1940

Annual property taxes

$2,802.8

Price History

10/25/2024
PortlandOR

PortlandOR #24190999

Price change
$399,950
-5.89%
10/07/2024
PortlandOR

PortlandOR #24190999

Removed
$425,000
09/27/2024
PortlandOR

PortlandOR #24190999

Listed
$425,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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

$125,120
Asking price
$399,950
Closing costs (~8% of asking)
-$31,996
Est. remaining loan balance
-$242,834
Cash to seller
$125,120

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

Seller’s Loan History

Lender

Ifinance Mortgage Inc

Loan start date

July 2021

Original loan amount

$262,400

Est. remaining balance

$242,834

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Derek Phillips

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: 12/23/2024 at 12:20 AM

Listing updated: 11/26/2024 at 10:13 PM

Listed by: Erin Fletcher, Coldwell Banker Professional Phone #: (503) 538-0468

MLS: PortlandOR #24190999

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