tomo logo

$355,000

Beds
3
Baths
2.0
sq ft
1,269

385 N 16th St, Cottage Grove, OR 97424

385 N 16th St

Cottage Grove, OR 97424

  • 30 days on market
    • Open house Dec 29
Open concept kitchen with large island in the center, plenty of space for dining, and gathering! Laundry room off the kitchen with 3 bed/ 2 bath. Step into your large backyard, fully fenced, perfect for all your outdoor needs, and your front yard, big enough for gathering, with plenty of parking and a spot for your boat/RV.

Details

Property type

Manufactured On Land

Est. home value

$348,045

Lot size

0.27 acres

Price per sq ft

$280

Year built

2014

Annual property taxes

$2,362.2

Price History

11/23/2024
PortlandOR

PortlandOR #24166432

Listed
$355,000
+4.41%
10/14/2022
PortlandOR

PortlandOR #22148843

Sold
$340,000
+65.85%
05/07/2020
PortlandOR

PortlandOR #20665303

Sold
$205,000
+280.95%

Schools & Community

Elementary school: 

Bohemia

Middle school: 

Lincoln

High school: 

Cottage Grove

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

$2,735
Asking price
$355,000
Closing costs (~8% of asking)
-$28,400
Est. remaining loan balance
-$323,865
Cash to seller
$2,735

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

October 2022

Original loan amount

$333,841

Est. remaining balance

$323,865

Interest rate

5.55%

Loan type

FHA, 30 year

Seller

Kayla Davis and Gerald T Davis

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: 12/22/2024 at 11:45 PM

Listing updated: 12/22/2024 at 1:36 PM

Listed by: Kayla Davis, Hybrid Real Estate Phone #: (541) 343-0322

MLS: PortlandOR #24166432

PortlandOR logo

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