tomo logo

$524,900

Beds
3
Baths
2.0
sq ft
1,594

406 E Cambridge Dr, Newberg, OR 97132

406 E Cambridge Dr

Newberg, OR 97132

  • 42 days on market
    • Price drop $5,000↓
Welcome home to this north Newberg one-level home on a large, spacious lot. The front room, currently used as a dining room, could serve as a dining room or living room. This room connects well to both the kitchen and the breakfast nook. The open kitchen features a pantry with pull-outs, fridge, dishwasher, range, eat-at-bar and the sweetest breakfast nook. Toward the back of the home you will find the light and bright family room with electric fireplace. The primary bedroom includes a walk-in-closet as well as a beautifully updated bathroom. The guest bathroom has also been wonderfully updated. Most windows have been replaced. All appliances stay. Step into the fantastic fenced backyard complete with a gazebo over the patio, two sheds, fire-pit bbq and garden bed. Potential for RV parking!

Details

Property type

Single Family Residence

Est. home value

$475,199

Property condition

Updated/Remodeled

Lot size

7,840 sq ft

Price per sq ft

$330

Year built

1987

Annual property taxes

$3,671.31

Price History

06/18/2024
PortlandOR

PortlandOR #24168299

Price change
$524,900
-0.94%
05/31/2024
PortlandOR

PortlandOR #24168299

Removed
$529,900
05/27/2024
PortlandOR

PortlandOR #24168299

Listed
$529,900

Schools & Community

Elementary school: 

Antonia Crater

Middle school: 

Chehalem Valley

High school: 

Newberg

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

$136,355
Asking price
$524,900
Closing costs (~8% of asking)
-$41,992
Est. remaining loan balance
-$346,553
Cash to seller
$136,355

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

Seller’s Loan History

Lender

Rogue Fcu

Loan start date

October 2021

Original loan amount

$368,000

Est. remaining balance

$346,553

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Lydia Monk Martines

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: 07/02/2024 at 4:10 PM

Listing updated: 06/19/2024 at 1:59 AM

Listed by: Linsey Macy, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24168299

PortlandOR logo

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