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$479,000

Beds
1
Baths
1.0
sq ft
624

5475 2nd St NW, Tillamook, OR 97141

5475 2nd St NW

Cape Meares, OR 97141

  • Pending
Perfect Oceanview Cape Meares Cabin! This home has been completely updated inside and out; with an open floor plan that allows for maximum living in a compact space. If you are looking for a beach getaway where you can start relaxing on day 1- this is it! The projects have all been done for you. Warm wood trim balances a clean modern vertical shiplap; the new hearth hosts an efficient and cozy Vermont Castings Woodstove, designed for firewood storage underneath. A stunning MCM shell chandelier graces the center of the great room, nestled in the vault of the ceiling. The complete updated kitchen was designed for maximum efficiency, and the live edge Acacia countertops provide a gorgeous and functional workspace. Trex deck on both the grilling patio off the kitchen and the ocean view deck on the west assure that your maintenance stays low while your enjoyment is high. Below, the large double garage has room for boat parking and all the beach gear (bikes, kayaks, crab pots, wagons: it will all fit). Cape Meares is the authentic Oregon Coast, and this nest is the perfect place to roost.

Details

Property type

Cabin

Est. home value

$433,526

Property condition

Updated/Remodeled

Lot size

4,791 sq ft

Price per sq ft

$768

Year built

1964

Annual property taxes

$1,637.76

Price History

09/19/2024
PortlandOR

PortlandOR #24217762

Pending
$479,000
09/06/2024
PortlandOR

PortlandOR #24217762

Listed
$479,000
+12.71%
08/11/2023
PortlandOR

PortlandOR #23263653

Sold
$425,000

Schools & Community

Elementary school: 

East

Middle school: 

Tillamook

High school: 

Tillamook

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

$104,662
Asking price
$479,000
Closing costs (~8% of asking)
-$38,320
Est. remaining loan balance
-$336,018
Cash to seller
$104,662

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2023

Original loan amount

$340,000

Est. remaining balance

$336,018

Interest rate

6.69%

Loan type

New Conventional, 30 year

Seller

Peter Boone and Selena Boone

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: 09/19/2024 at 9:25 AM

Listing updated: 09/19/2024 at 1:41 AM

Listed by: Sierra Lauder, Keller Williams Sunset Corridor Phone #: (503) 270-5700

MLS: PortlandOR #24217762

PortlandOR logo

Recently listed in Cape Meares

$949,000|3 bd|2.5 ba|House
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The content relating to real estate for sale on this website comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Tomo Real Estate are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data last updated as of date above. Some properties which appear for sale on this website may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified. Some of these listings contain enhanced listing information including city, state, zip, and county from sources such as MSA data and USPS. Listing content is Copyright ©2024 RMLS of Portland, Oregon. All Rights Reserved.