tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,040

260 Forest Ln, Molalla, OR 97038

260 Forest Ln

Molalla, OR 97038

  • 10 days on market
Enter into this wonderful, easy to maintain property just waiting for you to make it your new Home! NOT a townhome, this property is located in the bustling city of Molalla, with easy access to all of the main arterials, built in 2020 and boasts a warm and open floor plan, new carpet, 2 FULL bathrooms, complete with a fully fenced back yard. While smaller in size it lives larger than the square footage would suggest. Great starter home or investment property, this is one you won't want to miss!

Details

Property type

Single Family Residence

Est. home value

$367,872

Lot size

3,049 sq ft

Price per sq ft

$361

Year built

2020

Annual property taxes

$3,428.51

Monthly HOA fee

$36

Price History

09/09/2024
PortlandOR

PortlandOR #24039670

Listed
$375,000
+11.94%
12/16/2021
PortlandOR

PortlandOR #21660223

Sold
$335,000
+14.77%
06/29/2020
PortlandOR

PortlandOR #20050826

Sold
$291,900

Schools & Community

Elementary school: 

Molalla

Middle school: 

Molalla River

High school: 

Molalla

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

$52,875
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$292,125
Cash to seller
$52,875

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

Seller’s Loan History

Lender

Lpmc Llc

Loan start date

December 2021

Original loan amount

$310,000

Est. remaining balance

$292,125

Interest rate

3.14%

Loan type

New Conventional, 30 year

Seller

Dylan Cooper Smith

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: 09/19/2024 at 12:20 PM

Listing updated: 09/11/2024 at 11:29 AM

Listed by: Jason Gooing, ERA Freeman & Associates Phone #: (503) 665-3144

MLS: PortlandOR #24039670

PortlandOR logo

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