tomo logo

$374,900

Beds
3
Baths
2.0
sq ft
1,173

386 23rd St NE, Salem, OR 97301

386 23rd St NE

Salem, OR 97301

  • 22 days on market
    • Price drop $14,100↓
    • Open house Sep 14
Welcome to this charming cottage in a well-established NE Salem neighborhood. Just minutes to I5, Willamette Town Center, and Willamette University, this well-maintained home is the perfectstarter or investment. A classic 1921 cottage front with a raised front lawn gives off a pleasant curb appeal that leads to an oversized driveway and a fully fenced backyard. As you enter the home, well-kept laminate floors and professionally cleaned carpets set the stage for a convenient layout and functional space. The galley kitchen offers ample space for cooking and meal prepping. Three bedrooms and two full bathrooms ensure that there is plenty of room for everyone. Underneath the home, the vapor barrier has been replaced (2024) and inside, there is a new furnace (2023) and water heater (2023) ensuring that the mechanics of the home have been well-kept. The backyard features ample space for activities and gatherings, while also offering a large shed for tools and equipment. To top it all off, the seller has a 3.75% assumable FHA loan available for qualified buyers. The seller is motivated and open to all offers so come see it before someone else buys it!

Details

Property type

Single Family Residence

Est. home value

$318,011

Lot size

4,791 sq ft

Price per sq ft

$320

Year built

1921

Annual property taxes

$1,843.78

Price History

09/02/2024
PortlandOR

PortlandOR #24099092

Price change
$374,900
-3.62%
08/27/2024
PortlandOR

PortlandOR #24099092

Price change
$389,000
-2.73%
08/22/2024
PortlandOR

PortlandOR #24099092

Listed
$399,900
+38.37%

Schools & Community

Neighborhood: 

Northeast Neighbors

Elementary school: 

Richmond

Middle school: 

Leslie

High school: 

South Salem

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Synergy One Lending

Loan start date

January 2021

Original loan amount

$283,765

Est. remaining balance

$260,690

Interest rate

2.71%

Loan type

FHA, 30 year

Seller

Cody R Scott

Lender

S1L Inc

Loan start date

January 2021

Original loan amount

$10,115

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Stand Alone Second, 30 year

Seller

Cody R Scott

Lender

S1L Inc

Loan start date

January 2021

Original loan amount

$10,115

Est. remaining balance

Not provided

Interest rate

2.71%

Loan type

Stand Alone Second

Seller

Cody R Scott

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: 09/13/2024 at 8:05 AM

Listing updated: 09/12/2024 at 5:19 PM

Listed by: Tim Kaelin, Coldwell Banker Professional Phone #: (503) 538-0468

MLS: PortlandOR #24099092

PortlandOR logo

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