tomo logo

$275,000

Beds
1
Baths
2.0
sq ft
Unknown

4158 Weathers St NE, Salem, OR 97301

4158 Weathers St NE

Salem, OR 97301

  • 3 days on market
**OFFER RECEIVED - all offers due 4/2 by 5pm. Seller reserves the right to accept before the deadline.** Investors and weekend warriors, welcome to a gem in the rough, on a nice-sized lot backing to a park! It features a downstairs bedroom, bath, small den, kitchen, dining room, and living room with a woodburning fireplace. Upstairs are 2 bedrooms and 1 bath. It currently has a LOT of junk in it that will need to be hauled away by the potential buyer (the seller is not in a position to haul or pay for it to be hauled). Must see to appreciate the potential of this property, including an attached garage and detached building (with power). Property is being sold AS-IS and no repairs or credits shall be made.

Details

Property type

Single Family Residence

Est. home value

$347,366

Lot size

5,662 sq ft

Price per sq ft

Unknown

Year built

1901

Annual property taxes

$2,754.9

HOA

No

Price History

03/30/2025
PortlandOR

PortlandOR #787050518

Listed
$275,000
+16.53%
04/14/2020
PortlandOR

PortlandOR #20601904

Sold
$236,000

Schools & Community

Neighborhood: 

East Lancaster

Elementary school: 

Swegle

Middle school: 

Waldo

High school: 

McKay

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

$57,703
Asking price
$275,000
Closing costs (~8% of asking)
-$22,000
Est. remaining loan balance
-$195,297
Cash to seller
$57,703

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

July 2021

Original loan amount

$215,375

Est. remaining balance

$195,297

Interest rate

3%

Loan type

New Conventional, 27 year

Seller

Shelley Johnson

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?

Status: Active

Tomo last checked: 04/02/2025 at 4:10 AM

Listing updated: 04/02/2025 at 1:56 AM

Listed by: Vic Polanco, Hardy Properties Phone #: (503) 332-8905

MLS: PortlandOR #787050518

PortlandOR logo

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