tomo logo

$425,000

Beds
3
Baths
2.5
sq ft
1,586

321 Forest Ln, Molalla, OR 97038

321 Forest Ln

Molalla, OR 97038

  • 84 days on market
    • Price drop $5,000↓
Welcome home to Bear Creek in Molalla! This inviting home's open floorplan great room lets light stream in and keeps everyone connected on the main level. The spacious kitchen is a home cook's dream with a large pantry, abundant storage, plenty of counter space, energy-efficient appliances, and a gas range. The master suite includes a large walk-in closet and an en suite bathroom for ultimate comfort. Upstairs, discover private bedrooms alongside a convenient laundry room and a versatile alcove ideal for an office or hobby/play area. This green home features Blue Raven solar panels that virtually eliminate electric bills, complemented by a high-efficiency furnace. Enjoy year-round comfort with a premium air conditioning system and smart thermostat sensors on both levels for optimal temperature control. Outside, the fenced backyard with raised garden beds offers a sanctuary for pets, relaxation, and play, while bordering an HOA-maintained walking trail with the option to install a gate for direct access to nature. Bear Creek neighbors also enjoy a community playground and dog park. Built in 2019 by LGI Homes with the popular "Chinook" floorplan, this home is nearly new and includes upgrades like magnetic window coverings and benefits from amenities like the highly-regarded Molalla Communications gigabit internet service. The City of Molalla is planning a new park just down the street, Chief Yelkus Park! Conveniently located near Molalla Elementary, Molalla River Middle School, Billy Sheets Field & BMX Track, Cascade Center shops, and Molalla River Brewing Company, this home combines modern comfort with vibrant community life!

Details

Property type

Single Family Residence

Est. home value

$428,819

Lot size

2,613 sq ft

Price per sq ft

$268

Year built

2019

Annual property taxes

$3,866.18

Monthly HOA fee

$36

Price History

08/16/2024
PortlandOR

PortlandOR #24265659

Price change
$425,000
-1.16%
08/01/2024
PortlandOR

PortlandOR #24265659

Listed
$430,000
07/22/2024
PortlandOR

PortlandOR #24265659

Pending
$430,000

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

$85,491
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$305,509
Cash to seller
$85,491

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

February 2021

Original loan amount

$332,010

Est. remaining balance

$305,509

Interest rate

2.67%

Loan type

FHA, 30 year

Seller

Tyler Gresham and Carina Hernandez Sanchez

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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619 Wedgewood Dr, Molalla, OR 97038

Status: Active

Tomo last checked: 09/19/2024 at 12:40 PM

Listing updated: 09/19/2024 at 1:42 AM

Listed by: Bryan Atkinson, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24265659

PortlandOR logo

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