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$1,100,000

Beds
3
Baths
3.5
sq ft
2,268

433 W Water St, Stayton, OR 97383

433 W Water St

Stayton, OR 97383

  • 59 days on market
    • Price drop $300,000↓
Nestled between Portland and Bend and just 20 minutes to Salem, amidst the breathtaking landscapes of Silver Falls and the Santiam Canyon, lies the enchanting "Friends Farm." This meticulously restored 1910 Victorian Farmhouse exudes timeless charm and unparalleled craftsmanship. Step onto the curved wrap around porch, notice the hand-turned balusters on the railing and take in the serene views of the thoughtfully designed 1.6 acre landscaped grounds and towering trees. A formal entry welcomes you with heated tile floor and custom built-ins to hang coats, kick off shoes and stay awhile. The open living and dining areas frame garden views with Jen Weld windows, capturing the essence of each season's changing light and scenery. A cozy inglenook with high efficiency wood stove and built-in benches set the stage for gatherings and memorable holiday celebrations. Hosting is made easier with a chef's kitchen complete with luxury Bertazzoni range, hand crafted zellige tile, heated floors, farm sink, bespoke eating nook with more garden views and a charming dutch door, connecting the cook to the herb garden. Rare antique light fixtures illuminate solid fir floors throughout. Dual primary suites, with bonus rooms on the main and second floor, provide flexibility and convenience. Entertainment awaits in the family room, wired for sound and featuring a wet bar kitchenette. Beyond the finer details of heated tiles in entry, kitchen and bathrooms, custom fir cabinets, refurbished wood paneling, clawfoot tub, bidet, and artistic design; the home is equipped with all-new mechanicals including; 2 high efficiency heat pumps, plumbing, wiring, insulation and 40yr roof. Outside, the double carriage house garage offers more room to work and play and includes a full bath and sauna. The grounds feature a slab, with plumbing and electrical conduit ready for a green house or shop. Envision your own friends compound, or with up to 5 divisible building lots, your future investment.

Details

Property type

Single Family Residence

Est. home value

$432,495

Lot size

1.61 acres

Price per sq ft

$486

Year built

1910

Annual property taxes

$4,254.79

Price History

07/01/2024
PortlandOR

PortlandOR #24515136

Removed
$1,100,000
06/26/2024
PortlandOR

PortlandOR #24515136

Listed
$1,100,000
06/21/2024
PortlandOR

PortlandOR #24515136

Price change
$1,100,000
-21.43%

Schools & Community

Elementary school: 

Stayton

Middle school: 

Stayton

High school: 

Stayton

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

$375,605
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$636,395
Cash to seller
$375,605

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

Seller’s Loan History

Lender

Canopy Mortgage Llc

Loan start date

January 2023

Original loan amount

$647,200

Est. remaining balance

$636,395

Interest rate

6.61%

Loan type

New Conventional, 30 year

Seller

Jenelle Isaacson

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: 07/07/2024 at 4:15 PM

Listing updated: 07/01/2024 at 1:21 PM

Listed by: Cristen Lincoln, Living Room Realty Phone #: (503) 719-5588

MLS: PortlandOR #24515136

PortlandOR logo

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