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$1,050,000

Beds
4
Baths
2.5
sq ft
3,330

2396 Grice Hill Dr NW, Salem, OR 97304

2396 Grice Hill Dr NW

Salem, OR 97304

  • 128 days on market
    • Price drop $49,000↓
Amazing home & property on Grice Hill Rd. Custom built 4 beds 2.5 baths, 3340SF home on 5.14 acres with a 70 x 30 Shop. Home includes gourmet kitchen with granite counters & stainless appliances. Spacious living, family & formal dining rooms, gas fireplace & central AC. Large primary bedroom with vaulted ceilings, jacuzzi tub & walk in tile shower. French doors from living room lead to large patio area. Garage has really nice epoxy coated floor. Shop has cement floor, fully insulated, 18' ceiling, 14'doors, metered separately. Upgraded 600 amps 3 phase power in the shop.

Details

Property type

Single Family Residence

Est. home value

$929,373

Lot size

5.14 acres

Price per sq ft

$316

Year built

1999

Annual property taxes

$5,245.86

Price History

09/26/2024
PortlandOR

PortlandOR #24037464

Price change
$1,050,000
-4.46%
08/06/2024
PortlandOR

PortlandOR #24037464

Listed
$1,099,000
08/03/2024
PortlandOR

PortlandOR #24037464

Pending
$1,099,000

Schools & Community

Elementary school: 

Kalapuya

Middle school: 

Straub

High school: 

West Salem

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

$375,720
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$590,280
Cash to seller
$375,720

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

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

May 2021

Original loan amount

$637,400

Est. remaining balance

$590,280

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Miao Ling Chen

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 12:30 AM

Listing updated: 11/07/2024 at 3:02 PM

Listed by: Jin Zhao, Kelly Right Real Estate of Portland, LLC Phone #: (503) 719-6056

MLS: PortlandOR #24037464

PortlandOR logo

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