tomo logo

$500,000

Beds
4
Baths
1.0
sq ft
1,842

22796 SW Lincoln St, Sherwood, OR 97140

22796 SW Lincoln St

Sherwood, OR 97140

  • 51 days on market
    • Price drop $25,000↓
This home showcases floor-to-ceiling windows along the front, providing occasional sunset views, distinct living and family rooms, central heating and cooling, two gas fireplaces, new vinyl plank flooring, and dual staircases leading to the lower level. Here, you'll discover the fourth bedroom (non-conforming) and a bonus room with a gas fireplace and direct access to the driveway, ideal for a home office/business or . . . . ??? The kitchen boasts granite countertops and stainless steel refrigerator and dishwasher. In 2018, the home received a new facade, including landscaping, a retaining wall, a private patio, and an updated entry door with keyless entry added in 2024. The property features an attached garage, a fenced yard with a deck, patio, and toolshed, plus an oversized driveway for ample off-street parking. Located just a quarter mile from Sherwood's largest park and half a mile from Old Town Sherwood, you'll be close to the public library, a water feature park, the seasonal Saturday Market, various festivals, the Community Arts Center, and numerous restaurants, coffee shops, wine tasting rooms, and local shops.

Details

Property type

Single Family Residence

Est. home value

$527,954

Lot size

6,969 sq ft

Price per sq ft

$272

Year built

1958

Annual property taxes

$4,623.01

Price History

11/13/2024
PortlandOR

PortlandOR #24154536

Price change
$500,000
-4.76%
10/28/2024
PortlandOR

PortlandOR #24154536

Listed
$525,000
10/22/2024
PortlandOR

PortlandOR #24154536

Pending
$525,000

Schools & Community

Elementary school: 

Hawks View

Middle school: 

Sherwood

High school: 

Sherwood

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

$150,266
Asking price
$500,000
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$309,734
Cash to seller
$150,266

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

July 2021

Original loan amount

$333,800

Est. remaining balance

$309,734

Interest rate

3%

Loan type

New Conventional, 30 year

Seller

Wendy Wilson

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: 11/22/2024 at 10:30 AM

Listing updated: 11/13/2024 at 12:31 PM

Listed by: Angi Ford, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24154536

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