tomo logo

$550,000

Beds
4
Baths
1.5
sq ft
1,504

34985 Hwy 101 Business, Astoria, OR 97103

34985 Hwy 101 Business

Astoria, OR 97103

  • 119 days on market
    • Price drop $39,000↓
Great investment opportunity! Currently operates as a Short Term Rental. Come experience the idyllic charm of this 1925 farmhouse located in the Lewis and Clark area! Situated on 5.10 acres of pasture, this farmhouse provides ample space for relaxation and outdoor activities. In addition to the main house, there is a detached garage and a classic red barn, providing extra storage space and possibilities for hobbies or creative ventures. Enjoy the tranquilly of countryside living while still being conveniently close to town! Showing times are limited due to it being a STR, please view virtual tour.

Details

Property type

Single Family Residence

Est. home value

$431,472

Property condition

Updated/Remodeled

Lot size

5.1 acres

Price per sq ft

$366

Year built

1925

Annual property taxes

$3,291.99

Price History

10/31/2024
PortlandOR

PortlandOR #24552375

Price change
$550,000
-6.62%
10/18/2024
PortlandOR

PortlandOR #24552375

Price change
$589,000
-0.84%
10/10/2024
PortlandOR

PortlandOR #24552375

Price change
$594,000
-0.83%

Schools & Community

Elementary school: 

Astoria

Middle school: 

Astoria

High school: 

Astoria

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

$179,728
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$326,272
Cash to seller
$179,728

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

Seller’s Loan History

Lender

Kind Lending Llc

Loan start date

October 2021

Original loan amount

$350,000

Est. remaining balance

$326,272

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Matthew J Adams and Kati E Perry

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: 11/19/2024 at 7:30 AM

Listing updated: 11/19/2024 at 2:04 AM

Listed by: Kati Perry Adams, eXp Realty, LLC Phone #: (888) 814-9613

MLS: PortlandOR #24552375

PortlandOR logo

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