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$348,045Estimated home value

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

  • Sold On 10/14/2022
    • Price drop $10,000↓
Newer manufactured home on over quarter acre lot! Built in 2013 | 1269 sq ft | 3 bedrooms | 2 bathroomsFlat lot- perfect for gardening and room for RV or a boat.Kitchen is open with a large island and ample storage. Stainless Steel appliances. Good sized laundry room with storage. Primary bedroom has bath and walk in closet. Tool shed. Close to shopping and restaurants.

Details

Property type

Manufactured Home

Est. home value

$348,045

Lot size

0.27 acres

Price per sq ft

$257

Year built

2014

Annual property taxes

$2,159.87

Price History

01/18/2025
PortlandOR

PortlandOR #24166432

Removed
$355,000
11/23/2024
PortlandOR

PortlandOR #24166432

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

PortlandOR #22148843

Sold
$340,000
+65.85%

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

-$24,457
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$323,457
Cash to seller
-$24,457

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

$323,457

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: Off Market

Tomo last checked: 01/22/2025 at 3:05 PM

Listing updated: 01/26/2023 at 12:59 PM

Listed by: Tyler Head, Turning Point Realty Group Phone #: (541) 684-0820

MLS: PortlandOR #22148843

PortlandOR logo

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