tomo logo

$439,900

Beds
3
Baths
1.0
sq ft
1,220

515 Latourette St, Oregon City, OR 97045

515 Latourette St

Oregon City, OR 97045

  • Pending
    • Price drop $10,000↓
Why rent when you can build equity in this affordable 3-bedroom starter home tucked away at end of quiet street without traffic? New interior paint, floor coverings, sliding door, and kitchen countertops with backsplash. Bathroom contains stackable washer/dryer. Recent work includes mold removal, asbestos removal (floor), plumbing to PVC, crawlspace drainage system with sump pump, vapor barrier and more so no problems to inherit! Family room is converted garage. Close to Singer Creek Park, restaurants and all conveniences.

Details

Property type

Single Family Residence

Est. home value

$387,857

Lot size

5,662 sq ft

Price per sq ft

$361

Year built

1970

Annual property taxes

$3,109.56

Price History

09/02/2024
PortlandOR

PortlandOR #24398104

Pending
$439,900
09/01/2024
PortlandOR

PortlandOR #24398104

Removed
$439,900
08/30/2024
PortlandOR

PortlandOR #24398104

Price change
$439,900
-2.22%

Schools & Community

Neighborhood: 

Barclay Hills

Elementary school: 

Holcomb

Middle school: 

Tumwata

High school: 

Oregon City

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

$128,589
Asking price
$439,900
Closing costs (~8% of asking)
-$35,192
Est. remaining loan balance
-$276,119
Cash to seller
$128,589

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

Seller’s Loan History

Lender

Nfm Inc

Loan start date

August 2021

Original loan amount

$296,000

Est. remaining balance

$276,119

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Bradley J Schumacher and Laureen L Schumacher

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: Pending/Under Contract

Tomo last checked: 09/13/2024 at 8:45 AM

Listing updated: 09/04/2024 at 11:56 AM

Listed by: Kathy O'Malley, Better Homes & Gardens Realty Phone #: (503) 698-6600

MLS: PortlandOR #24398104

PortlandOR logo

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