tomo logo

$459,000

Beds
4
Baths
3.0
sq ft
1,804

308 1st St, Garibaldi, OR 97118

308 1st St

Garibaldi, OR 97118

  • 119 days on market
This home is located just blocks from Miami Cove in Tillamook Bay as well as the port of Garibaldi. The home sits on a .12-acre corner lot with RV parking. This classic home has had new floors installed as well as new paint inside. Features 3 bedrooms and 2 baths in the home. The ADU has 1 bedroom and 1 full bath w/kitchenette and will be easy to rent in this market. The roof is only several years old. There is a shared laundry room & sink in the hall between the two living spaces. Located just minutes from shopping, restaurants and just over an hour from the Portland area. Apartment has a separate address 308 ½ 1st St. Great opportunity as rental property or you coastal getaway.This is an excellent investment property with two rental incones available with the apartment in the back. The local rental market is very tight and would rent quickly!

Details

Property type

Single Family Residence

Est. home value

$340,515

Lot size

5,227 sq ft

Price per sq ft

$255

Year built

1925

Annual property taxes

$1,927.57

Price History

08/20/2024
PortlandOR

PortlandOR #24257627

Removed
$459,000
08/05/2024
PortlandOR

PortlandOR #24257627

Listed
$459,000
08/03/2024
PortlandOR

PortlandOR #24257627

Listed
$459,000

Schools & Community

Elementary school: 

Garibaldi

Middle school: 

Neah-Kah-Nie

High school: 

Neah-Kah-Nie

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

$93,479
Asking price
$459,000
Closing costs (~8% of asking)
-$36,720
Est. remaining loan balance
-$328,801
Cash to seller
$93,479

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

August 2022

Original loan amount

$339,403

Est. remaining balance

$328,801

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Carissa Langford

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: 11/22/2024 at 6:10 AM

Listing updated: 09/22/2024 at 1:06 AM

Listed by: Roger Cooper, Berkshire Hathaway HomeService Northwest Real Estate Phone #: (971) 265-1070

MLS: PortlandOR #24257627

PortlandOR logo

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