tomo logo

$875,000

Beds
3
Baths
2.5
sq ft
2,692

36136 S Megan Rd, Molalla, OR 97038

36136 S Megan Rd

Molalla, OR 97038

  • 158 days on market
    • Price drop $25,000↓
Experience riverfront living at its finest with the perfect blend of nature and luxury in this stunning estate on 1.37 acres! From the moment you enter this single-level home, you're greeted by soaring 14+ foot ceilings and breathtaking river views framed by picturesque windows, in nearly every room! This property has been meticulously maintained, from the sprawling hardwood floors to the custom kitchen with new appliances and expansive exterior living and work spaces! Enjoy outdoor living from the large patio with hot tub or covered gazebo overlooking the river! Plus you have river access from the personal stairway to bask in the swimming hole and prime fishing spot. The massive six-car garage and powered shop provide ample space for your toys, hobbies, or vehicles. Additionally, it houses DPI solar panels for ultimate efficiency! Upgrades include: New Smart/High Efficiency Furnace & Heat Pump, Septic system & Hot water heater (2021). New Jotul Wood Stove, custom Sturdi Built Greenhouse(2022) + see attached sheet for full list of upgrades & features. Short drive to Molalla, Canby/Hubbard and just 30 minutes from Clackamas Town Center and Salem. Truly a one of kind property! ***APPOINTMENT ONLY - DO NOT WALK PROPRTY WITHOUT NOTICE, MUST BE AGENT ACCOMPANIED*** SCHOOLS: Clarkes Elementary, Molalla River Middle & Molalla High

Details

Property type

Single Family Residence

Est. home value

$921,058

Property condition

Updated/Remodeled

Lot size

1.37 acres

Price per sq ft

$326

Year built

1997

Annual property taxes

$8,759.67

Price History

09/12/2024
PortlandOR

PortlandOR #24402329

Price change
$875,000
-2.78%
08/27/2024
PortlandOR

PortlandOR #24402329

Pending
$900,000
06/14/2024
PortlandOR

PortlandOR #24402329

Price change
$900,000
-5.26%

Schools & Community

Elementary school: 

Clarkes

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

$603,057
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$201,943
Cash to seller
$603,057

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

Seller’s Loan History

Lender

Wells Fargo Home Mtg Inc

Loan start date

February 2002

Original loan amount

$437,000

Est. remaining balance

$201,943

Interest rate

7.17%

Loan type

Not Provided, 30 year

Seller

Tony R Ferrell

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: 11/05/2024 at 8:25 AM

Listing updated: 10/09/2024 at 2:49 PM

Listed by: Kelsey McConville, Reger Homes, LLC Phone #: (971) 808-8539

MLS: PortlandOR #24402329

PortlandOR logo

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