tomo logo

$370,000

Beds
5
Baths
1.5
sq ft
3,168

525 5th St, Myrtle Point, OR 97458

525 5th St

Myrtle Point, OR 97458

  • 91 days on market
    • Price drop $5,000↓
Classic 1910 Craftsman Home in Myrtle Point – Rich in History and Character! Discover the timeless beauty of this two-story Craftsman home, situated on an extra large corner lot (.30 acres-2.5 total lots) in the heart of Myrtle Point. This home offers a rare opportunity to restore and preserve a piece of Oregon’s architectural history. With 2,568 square feet of living space (3,186 including the basement), this charming home boasts 5 bedrooms, making it ideal for those seeking a blend of historical elegance and spacious living to accommodate family or guests. Step inside to admire the beautiful woodwork throughout, including original moldings, doors, wavy glass windows, and stunning built-in cabinetry with leaded glass. Classic Craftsman features such as intricate wood detailing and original wood floors transport you back to the early 20th century, highlighting the unmatched craftsmanship of the era. The exceptional office space features beautiful built-in cabinetry, a bay window, and a fireplace. Outside, the inviting front porch welcomes you to relax and enjoy the peaceful surroundings. The serene backyard features fruit trees and a large garden, perfect for gardening, entertaining, or simply soaking in Myrtle Point’s beautiful weather. Additionally, there is a large, detached 2-car garage, offering ample space for parking, storage, or hobbies. With its prime location, just minutes from parks and local amenities, this home allows you to experience small-town charm while being close to everything Myrtle Point has to offer and only a half hour from the coast! Whether you're looking to embrace the home’s current beauty or embark on a restoration project, this Craftsman gem is ready to become your dream home. With so much potential, this is truly a rare find for any history or architecture enthusiast. Don't miss your chance to own this extraordinary piece of Oregon’s history!

Details

Property type

Single Family Residence

Est. home value

$437,449

Property condition

Fixer

Lot size

0.3 acres

Price per sq ft

$117

Year built

1910

Annual property taxes

$3,815.33

Price History

12/13/2024
PortlandOR

PortlandOR #24111949

Price change
$370,000
-1.33%
10/17/2024
PortlandOR

PortlandOR #24111949

Price change
$375,000
-3.6%
09/23/2024
PortlandOR

PortlandOR #24111949

Listed
$389,000
+18.24%

Schools & Community

Elementary school: 

Myrtle Crest

Middle school: 

Myrtle Point

High school: 

Myrtle Point

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Evelyn E Breuer Trust

Loan start date

January 2020

Original loan amount

$263,200

Est. remaining balance

Not provided

Interest rate

3.68%

Loan type

Commercial, 1 year

Seller

Susan Carter Soohoo

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: 12/22/2024 at 9:50 PM

Listing updated: 12/13/2024 at 8:16 AM

Listed by: J Ryan Smith, Berkshire Hathaway HomeServices Real Estate Professionals Phone #: (541) 673-1890

MLS: PortlandOR #24111949

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