tomo logo

$220,000

Beds
2
Baths
2.0
sq ft
Unknown

2960 Sherman Ave, North Bend, OR 97459

2960 Sherman Ave

North Bend, OR 97459

  • 6 days on market
Charming 1924 bungalow in North Bend featuring a 1 bedroom, 1 bath main home with vintage character and a head start on updates. The lower level includes a separate-entry 1 bedroom, 1 bath apartment—ideal for extended family, guests, or potential rental income. The fenced front yard offers a welcoming outdoor space and added privacy. While a few projects remain, much of the work is already underway. A great opportunity to build equity and make it your own in a convenient coastal location.

Details

Property type

Single Family Residence

Est. home value

$217,201

Lot size

5,662 sq ft

Price per sq ft

Unknown

Year built

1924

Annual property taxes

$1,043.87

HOA

No

Price History

03/26/2025
PortlandOR

PortlandOR #485814018

Listed
$220,000
+21.55%
12/14/2021
PortlandOR

PortlandOR #21669829

Sold
$181,000
+57.39%
05/22/2020
PortlandOR

PortlandOR #20317389

Sold
$115,000

Schools & Community

Elementary school: 

Hillcrest

Middle school: 

North Bend

High school: 

North Bend

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

$36,982
Asking price
$220,000
Closing costs (~8% of asking)
-$17,600
Est. remaining loan balance
-$165,418
Cash to seller
$36,982

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

December 2021

Original loan amount

$177,721

Est. remaining balance

$165,418

Interest rate

3.09%

Loan type

FHA, 30 year

Seller

Bouden Cook

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?

Status: Active

Tomo last checked: 04/01/2025 at 3:35 PM

Listing updated: 04/01/2025 at 7:51 AM

Listed by: Gina Morelli, Beach Loop Realty Phone #: (541) 347-1800

MLS: PortlandOR #485814018

PortlandOR logo

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