tomo logo

$4,746,000

Beds
8
Baths
8.0
sq ft
8,789

23896 NW Mount Richmond Rd, Yamhill, OR 97148

23896 NW Mount Richmond Rd

Yamhill, OR 97148

  • 134 days on market
    • Price drop $154,000↓
Nestled in Oregon Wine Country, this nearly 60-acre property is surrounded by forest, providing a natural privacy barrier and a serene environment with a thriving, natural wildlife ecosystem. At the property, you are greeted by the beautiful neighboring Lazy River Vineyard and territorial views that stretch into the horizon. The existing home (2,890 sf. RMLS# 23558967) has a proposed renovation that introduces sleek modern elements while maintaining its warm character. The renovation will increase the living space to an impressive 8,789 sf. The 1st floor will include RV & 3-car garage, an exercise room, a home theater, a library with floor-to-ceiling shelves, a wet bar, and an informal dining/entertaining area. Step into the glass elevator and transcend to the 2nd floor, where you?ll enter the expansive great room, huge chef?s kitchen, elegant dining room with vineyard views, a luxurious primary bedroom/bath en-suite with a terrace overlooking territorial views. The 2nd floor also has separate quarters with an office, conference room, 2nd small kitchen, bathrooms, nanny living area, or flex space designed to suit anyone?s lifestyle needs. This is a proposed build, so anyone can bring their own design ideas. The property also has a 13 x 44 metal shop with wood ovens and electricity and is connected to a 45 x 65 concrete pad that awaits your building ideas. The land is graced with various trees: Ponderosa Pines, Jeffery Pines, Nobles, Maples, Gray Oaks, and a 13-acre Douglas Fir stand planted in 1999 can bring future income. Spanning 50 acres are well-maintained, mapped hiking trails. Conveniently located: travel 10 minutes to downtown Yamhill/Carlton, or venture further to nearby Oregon Wine Country towns, explore shops and tasting rooms, and dine at award-winning restaurants. Easy access to Hwy 47, Hillsboro's tech community, 1-hr in either direction to Portland or the Coast.

Details

Property type

Single Family Residence

Est. home value

$1,634,659

Property condition

New Construction

Lot size

59.9 acres

Price per sq ft

$540

Year built

1986

Annual property taxes

$3,647.16

Price History

09/17/2024
PortlandOR

PortlandOR #24691910

Removed
$4,746,000
09/16/2024
PortlandOR

PortlandOR #24691910

Listed
$4,746,000
09/11/2024
PortlandOR

PortlandOR #24691910

Listed
$4,746,000

Schools & Community

Elementary school: 

Yamhill-Carlton

Middle school: 

Yamhill-Carlton

High school: 

Yamhill-Carlton

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

$4,125,245
Asking price
$4,746,000
Closing costs (~8% of asking)
-$379,680
Est. remaining loan balance
-$241,075
Cash to seller
$4,125,245

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

Seller’s Loan History

Lender

Homecomings Financial Network Inc

Loan start date

February 2004

Original loan amount

$475,600

Est. remaining balance

$241,075

Interest rate

5.81%

Loan type

Not Provided, 30 year

Seller

Thomas L Rawdon and Richard E Whitehurst

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: 11/05/2024 at 8:40 AM

Listing updated: 11/05/2024 at 1:11 AM

Listed by: Anita Borgaes, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24691910

PortlandOR logo

Recently listed in Yamhill

$560,000|4 bd|2.5 ba|House
$849,900|4 bd|3.0 ba|Manufactured
$555,000|3 bd|2.0 ba|House
$519,900|4 bd|2.5 ba|House
$559,900|5 bd|2.5 ba|House
$3,499,000|3 bd|3.0 ba|House
$584,900|4 bd|2.0 ba|House
$589,900|3 bd|2.0 ba|House
$524,900|3 bd|2.0 ba|House
$494,900|4 bd|2.0 ba|House