tomo logo

$320,000

Beds
2
Baths
1.0
sq ft
560

402 N Charmwood Loop, Otis, OR 97368

402 N Charmwood Loop

Otis, OR 97368

  • 17 days on market
Discover your coastal retreat in this beautiful 2-bedroom, 1-bath home on an oversized lot. With gorgeous flooring and abundant windows, this space is filled with natural light. Enjoy outdoor living with a fantastic back deck and front patio, both featuring a privacy fence for a serene atmosphere. Inside, you'll find laundry hookups, while the 20x20 wired shop offers additional washer and dryer hookups and a Bluetooth-capable smart roll-up door for easy access. Recent upgrades include a new roof on the oversized garage, a custom-built 10x20 shed, and a covered backyard patio overlooking the creek. A metal shipping container is also available for use as a workshop/office with power, and there are RV hookups on the driveway. With fresh paint throughout and just moments away from Lincoln City's shops, restaurants, and stunning beaches, this home is ready for you to move in and enjoy! Don't miss out on this fantastic opportunity!

Details

Property type

Manufactured On Land

Est. home value

$209,995

Lot size

6,534 sq ft

Price per sq ft

$572

Year built

2020

Annual property taxes

$1,372.58

Price History

11/06/2024
PortlandOR

PortlandOR #24603276

Listed
$320,000
+700%
07/03/2019
PortlandOR

PortlandOR #18665803

Sold
$40,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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

$145,247
Asking price
$320,000
Closing costs (~8% of asking)
-$25,600
Est. remaining loan balance
-$149,153
Cash to seller
$145,247

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

October 2021

Original loan amount

$160,000

Est. remaining balance

$149,153

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Ronald Wondell Sapp Aquine

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: 11/22/2024 at 4:00 PM

Listing updated: 11/07/2024 at 8:31 AM

Listed by: Hannah Katz, Coldwell Banker Professional Phone #: (503) 538-0468

MLS: PortlandOR #24603276

PortlandOR logo

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