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$1,169,000

Beds
4
Baths
3.0
sq ft
1,820

296 E Van Buren St, Cannon Beach, OR 97110

296 E Van Buren St

Cannon Beach, OR 97110

  • 111 days on market
    • Price drop $30,000↓
Impeccably maintained single-level home on a corner lot in the coveted Presidential Streets with an amazing ADU! This quality built home has pleasing features in every room. A stone fireplace, whole home generator, sauna, California Closets and a Kenmore 5-burner gas range are sure to delight! Outside, you'll find a hot tub, beautiful, chemical-free landscaping and stunning carriage house doors on the oversized two car garage. All this just a short walk to the beach, restaurants and galleries. Don't miss the floor plan and features list in the documents tab or ask your agent for this information.

Details

Property type

Single Family Residence

Est. home value

$939,973

Property condition

Updated/Remodeled

Lot size

4,791 sq ft

Price per sq ft

$643

Year built

1955

Annual property taxes

$4,834.06

Price History

09/04/2024
PortlandOR

PortlandOR #24613679

Price change
$1,169,000
-2.5%
07/18/2024
PortlandOR

PortlandOR #24613679

Price change
$1,199,000
-1.64%
06/28/2024
PortlandOR

PortlandOR #24613679

Price change
$1,219,000
-3.94%

Schools & Community

Elementary school: 

Cannon Bch Acad

Middle school: 

Seaside

High school: 

Seaside

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

$794,538
Asking price
$1,169,000
Closing costs (~8% of asking)
-$93,520
Est. remaining loan balance
-$280,942
Cash to seller
$794,538

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2022

Original loan amount

$290,000

Est. remaining balance

$280,942

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Karen Sohrakoff

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: 09/18/2024 at 5:55 PM

Listing updated: 09/04/2024 at 3:29 PM

Listed by: Maryann Sinkler, Realty One Group Prestige Phone #: (503) 957-1179

MLS: PortlandOR #24613679

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