tomo logo

$1,249,000

Beds
5
Baths
4.0
sq ft
2,890

23896 NW Mount Richmond Rd, Yamhill, OR 97148

23896 NW Mount Richmond Rd

Yamhill, OR 97148

  • 429 days on market
    • Price drop $246,000↓
This exceptional property, situated on nearly 60 acres, offers a harmonious blend of natural beauty and versatile living spaces. The 5-bedroom home, built in 1986 is a testament to comfort and flexibility. The upper floor, which acts as the main floor features 5-bedrooms, 3-baths, and boasts a cozy wood stove, high vaulted ceilings, and captivating views of the valley and Lazy River Vineyards. Studio Apt: In the daylight basement, at ground level, there is a spacious studio apt with 10' ceilings and ample windows that stream in natural light. It has its own entrance with custom tile floors, 2nd kitchen with dishwasher, full bathroom, and laundry. Currently set up as a working art studio, this versatile space is perfect for a separate office, multi-generational living, Airbnb, or long-term rental income. The home also has a fully finished 3-car attached garage, with a large bay, suitable for RV storage and hook-up. The property also has a 13 x 44 metal shop with wood ovens and electricity. Connected to the shop is a 45 x 65 concrete pad that awaits your building ideas. The land is graced with a rich variety of trees, including a Douglas Fir stand covering approximately 13 acres planted in 1999 that could bring future income. Beyond this stand is an array of tree species that enhance the landscape and support a thriving wildlife ecosystem. Ponderosa Pines, Jeffery Pines, Nobles, Maples, and Gray Oaks create a diverse and lush environment that attracts various wildlife species. Also, spanning 50 acres, you'll find well-maintained hiking trails mapped for easy reference. Conveniently located: this property offers the perfect blend of rural seclusion and accessibility. Travel 10 minutes to downtown Yamhill/Carlton & venture a little further to nearby Oregon Wine Country towns & explore shops, tasting rooms & 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

Lot size

59.9 acres

Price per sq ft

$433

Year built

1986

Annual property taxes

$3,755.18

Price History

11/18/2024
PortlandOR

PortlandOR #23558967

Price change
$1,249,000
-16.45%
09/10/2024
PortlandOR

PortlandOR #23558967

Listed
$1,495,000
09/10/2024
PortlandOR

PortlandOR #23558967

Removed
$1,495,000

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

$911,266
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$237,814
Cash to seller
$911,266

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

Seller’s Loan History

Lender

Homecomings Financial Network Inc

Loan start date

February 2004

Original loan amount

$475,600

Est. remaining balance

$237,814

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?

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Status: Active

Tomo last checked: 12/22/2024 at 10:45 PM

Listing updated: 12/22/2024 at 1:41 AM

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

MLS: PortlandOR #23558967

PortlandOR logo

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