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$705,000

Beds
2
Baths
1.0
sq ft
1,040

28160 Sandlake Rd, Cloverdale, OR 97112

28160 Sandlake Rd

Cloverdale, OR 97112

  • 92 days on market
    • Price drop $45,000↓
Dreamy Tierra Del Mar Bungalow just steps from the beach and waves. Rural Commercial zoning -allows for commercial as well as residential application. Open concept living area- Kitchen with Acacia wood counter-tops, floor to ceiling subway tile, oversized single basin sink, floating shelves, cook Island with glass top range, hanging pot rack & eating bar. Living space has open beamed ceilings & Wood burning stove for a cozy fire during those blustery Oregon coast winters with open stairs leading to the upper level loft - currently office space- has a napping nook, perfect for curling up with a good book! Bathroom with double sinks, Finnish Lav. built in cubbies for storage, walk in tile shower with rain head and glass door. Main bedroom with double closets and exterior French doors to covered area, back deck, & Finnish steam sauna. Garage is oversized, workshop or toy storage. Driveway off both Sandlake Rd as well as Coats Rd., space to park RV or Boat. Short term rentals are allowed in this area (buyer to complete Due Diligence).

Details

Property type

Single Family Residence

Est. home value

$397,102

Lot size

7,840 sq ft

Price per sq ft

$678

Year built

1960

Annual property taxes

$2,427.96

Price History

10/18/2024
PortlandOR

PortlandOR #24663583

Price change
$705,000
-6%
08/20/2024
PortlandOR

PortlandOR #24663583

Removed
$750,000
08/08/2024
PortlandOR

PortlandOR #24663583

Listed
$750,000

Schools & Community

Elementary school: 

Nestucca Valley

Middle school: 

Nestucca Valley

High school: 

Nestucca

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

$527,332
Asking price
$705,000
Closing costs (~8% of asking)
-$56,400
Est. remaining loan balance
-$121,268
Cash to seller
$527,332

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

Seller’s Loan History

Lender

Prospect Home Finance

Loan start date

August 2022

Original loan amount

$125,000

Est. remaining balance

$121,268

Interest rate

5.78%

Loan type

New Conventional, 30 year

Seller

Travis J Oja and Megan Jeane Richter

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: 11/08/2024 at 8:45 AM

Listing updated: 10/18/2024 at 3:12 PM

Listed by: Kristina Lookabill, Bella Casa Real Estate Group Phone #: (503) 437-9005

MLS: PortlandOR #24663583

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