tomo logo

$1,395,000

Beds
5
Baths
6.0
sq ft
Unknown

3760 SW Highway 97, Madras, OR 97741

3760 SW Highway 97

Madras, OR 97741

  • 181 days on market
    • Price drop $180,000↓
Stunning Country Estate, One-of-a-kind property. Multi-generational living. Well-crafted home w/guest suite / Hardship dwelling. Home is perfect for someone looking for a beautiful home & potential for a hardship home. 3613 SQ' 4 bd. 3.5 bath Home with extra deep & wide 3 car garage, Bonus room, Sauna, open floor plan, Gourmet kitchen, solid surfaces, Two fireplaces, and expansive Windows everywhere to enjoy gorgeous Cascade Mountain VIEWS. Next to the home you will be amazed by the design & quality of the guest home. Modern meets country with 1 bdrm 1.5 bath, Quartz Counter, custom cabinets, top of the line appliances, Power blinds, gold fixtures, Fireplace, Barn Doors, Massive full bath, and luxurious Primary suite leading to a back deck perfect for soaking in the Hot Tub & taking in the breathtaking views. That's not all! There's plenty of room for the largest of RV's in the insulated. finished 2024 SQ RV Barn, Featuring Propane heaters, RV door openers, and w/massive storage

Details

Property type

Single Family Residence

Lot size

2.6 acres

Price per sq ft

Unknown

Year built

2001

Annual property taxes

$7,349.94

HOA

No

Price History

01/10/2025
PortlandOR

PortlandOR #24133192

Price change
$1,395,000
-11.43%
08/05/2024
PortlandOR

PortlandOR #24133192

Listed
$1,575,000

Schools & Community

Elementary school: 

Metolius

Middle school: 

Jefferson Co

High school: 

Madras

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

$1,096,632
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$186,768
Cash to seller
$1,096,632

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 Bank Na

Loan start date

March 2014

Original loan amount

$331,113

Est. remaining balance

$186,768

Interest rate

4.28%

Loan type

New Conventional, 20 year

Seller

Johnnie L Towery and Cheryl L Towery

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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4000 SE Baldwin Dr, Madras, OR 97741

Status: Active

Tomo last checked: 02/02/2025 at 10:55 AM

Listing updated: 01/10/2025 at 9:21 AM

Listed by: Daniel Cook, Berkshire Hathaway HomeServices NW Real Estate Phone #: (541) 322-8880

MLS: PortlandOR #24133192

PortlandOR logo

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