tomo logo

$349,000

Beds
2
Baths
2.0
sq ft
1,380

48394 Roaring Rapids Way, Oakridge, OR 97463

48394 Roaring Rapids Way

Oakridge, OR 97463

  • 6 days on market
You’ll find modern elegance in this custom home, located in Oakridge’s newest developing neighborhood, Salmon Creek Estates, at the east edge of town. One owner, other than the original builder, has afforded minimal wear and tear. Quality finishes throughout include granite countertops, glass, slate, and porcelain tile, luxury vinyl plank flooring, soft-close cabinetry, internal door blinds, stainless steel appliances, oil-rubbed bronze door handles and light fixtures, and a security system. Open living space includes the living, dining, and kitchen areas, with a certified woodstove and large kitchen island. Bedrooms are generously proportioned and offer built-in storage options in both closets. The primary ensuite has a separate tub and shower with a pebbled floor. Tankless hot water and a full-size, ducted heat pump offer energy efficiency and comfort. A wide porch welcomes you to the front door and the two 12’ x 12’ covered decks and slate patio in the rear provide ample space for entertaining and taking in the surrounding mountain views. Low maintenance front and back yards. RV parking is available along the gated west side of the home and the tool shed is included in the sale. The oversized, double garage is clean and drywall-finished with built-in workbenches and has both an interior entrance into the dedicated laundry room and an exterior entrance leading to the RV pad. The Old Mill disc golf course is located at the end of the street and a short path across the street will take you directly to beautiful Salmon Creek with access to trails, fishing, swimming, kayaking, etc. This home is an excellent option for the distinctive Buyer looking for a quality, turnkey home in a world-class, recreational paradise.

Details

Property type

Single Family Residence

Est. home value

$353,761

Lot size

6,969 sq ft

Price per sq ft

$253

Year built

2018

Annual property taxes

$3,070.41

Price History

10/31/2024
PortlandOR

PortlandOR #24040123

Listed
$349,000
+16.33%
12/18/2020
PortlandOR

PortlandOR #20315872

Sold
$300,000

Schools & Community

Elementary school: 

Oakridge

Middle school: 

Oakridge

High school: 

Oakridge

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

$101,520
Asking price
$349,000
Closing costs (~8% of asking)
-$27,920
Est. remaining loan balance
-$219,560
Cash to seller
$101,520

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

Seller’s Loan History

Lender

Flagstar Bank Fsb

Loan start date

January 2021

Original loan amount

$240,000

Est. remaining balance

$219,560

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Jeffrey S Martin

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: 11/05/2024 at 7:30 PM

Listing updated: 11/04/2024 at 10:16 AM

Listed by: Jennifer Lloyd, World Wide Realty Inc Phone #: (503) 974-9886

MLS: PortlandOR #24040123

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