tomo logo

$85,000

Beds
3
Baths
1.5
sq ft
Unknown

233 E D Ave, Drain, OR 97435

233 E D Ave

Drain, OR 97435

  • 8 days on market
Great opportunity to purchase a nice 0.19 acre lot in the rural town of Drain. Value is in the land - mobile home & structures are in poor condition and remain onsite to expedite the Replacement Dwelling process for new construction. This is a project for an experienced builder or savvy homeowner. Property serviced by city water/sewer. Property sold "AS-IS" cash or private financing. Only 40 mins from Eugene (north) and Roseburg (south). Home is occupied - please do not disturb occupants. Call today for your private tour!

Details

Property type

Manufactured On Land

Est. home value

$92,623

Property condition

Fixer

Lot size

8,276 sq ft

Price per sq ft

Unknown

Year built

1970

Annual property taxes

$715.34

HOA

No

Price History

01/14/2025
PortlandOR

PortlandOR #786026320

Listed
$85,000
+41.67%
05/01/2020
PortlandOR

PortlandOR #19141690

Sold
$60,000

Schools & Community

Elementary school: 

North Douglas

Middle school: 

North Douglas

High school: 

North Douglas

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

$58,954
Asking price
$85,000
Closing costs (~8% of asking)
-$6,800
Est. remaining loan balance
-$19,246
Cash to seller
$58,954

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

Seller’s Loan History

Lender

Ofelia Wise Revocable Trust

Loan start date

April 2020

Original loan amount

$53,500

Est. remaining balance

$19,246

Interest rate

3.36%

Loan type

Not Provided, 7 year

Seller

Fred Colerick and Rebecca Colerick

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: Active

Tomo last checked: 01/22/2025 at 2:05 PM

Listing updated: 01/22/2025 at 1:52 AM

Listed by: Aaron Cherry, Oregon Life Homes Phone #: (541) 391-4945

MLS: PortlandOR #786026320

PortlandOR logo

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