tomo logo

$370,000

Beds
2
Baths
2.0
sq ft
Unknown

258 N New Bridge Rd, Otis, OR 97368

258 N New Bridge Rd

Otis, OR 97368

  • Pending
    • Price drop $5,000↓
Welcome to this charming creekfront retreat, where stepping through the front door feels like an instant escape. A stunning wall of windows invites you in, showcasing breathtaking views of Trout Creek. Thoughtfully designed and with an open floor plan, this home feels expansive beyond its square footage. The kitchen features elegant cabinetry and granite countertops, with plenty of storage space. Two spacious bedrooms with walk-in closets, plus a versatile bonus room perfect for an office, complete this well-appointed home. Relax on the deck and listen to the soothing sounds of the creek, or take a scenic path down to the water. Nestled just 15 minutes from Lincoln City, this rural haven offers the perfect blend of tranquility and convenience. This is a must-see propertyits most exceptional features can't be appreciated from the road.

Details

Property type

Manufactured On Land

Est. home value

$307,737

Lot size

0.25 acres

Price per sq ft

Unknown

Year built

2020

Annual property taxes

$1,118.33

HOA

No

Price History

03/27/2025
PortlandOR

PortlandOR #298176263

Pending
$370,000
03/14/2025
PortlandOR

PortlandOR #298176263

Price change
$370,000
-1.33%
02/14/2025
PortlandOR

PortlandOR #298176263

Listed
$375,000
+39.41%

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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

$124,827
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$215,573
Cash to seller
$124,827

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

Seller’s Loan History

Lender

Directors Mortgage Inc

Loan start date

July 2021

Original loan amount

$234,400

Est. remaining balance

$215,573

Interest rate

2.95%

Loan type

New Conventional, 30 year

Seller

Sandie M Mangold

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: Pending/Under Contract

Tomo last checked: 04/02/2025 at 5:30 PM

Listing updated: 03/27/2025 at 3:31 PM

Listed by: Hannah Katz, Coldwell Banker Professional Phone #: (503) 538-0468

MLS: PortlandOR #298176263

PortlandOR logo

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