tomo logo

$749,000

Beds
4
Baths
3.0
sq ft
1,978

590 Madison Ave SW, Bandon, OR 97411

590 Madison Ave SW

Bandon, OR 97411

  • 127 days on market
    • Price drop $46,000↓
Stunning Ocean Views from your living room, kitchen, bedroom and deck. Reverse floorplan with master bedroom, living room and kitchen area upstairs along with a deck for unobstructed views of the Pacific Ocean, Coquille River and Bandon Lighthouse. Downstairs includes 2 bedrooms, additional bath and attached garage with loft for extra storage. Small cottage is 738 sqft with 1 bedroom/1 bathroom, check with city for allowable uses or remove for extra yard or shop space. Minutes from Old Town Bandon, Beaches or Bandon Dunes!

Details

Property type

Single Family Residence

Est. home value

$774,350

Lot size

Unknown

Price per sq ft

$379

Year built

1950

Annual property taxes

$3,147.52

Price History

08/29/2024
PortlandOR

PortlandOR #24454116

Price change
$749,000
-5.79%
08/20/2024
PortlandOR

PortlandOR #24454116

Removed
$795,000
08/07/2024
PortlandOR

PortlandOR #24454116

Listed
$795,000

Schools & Community

Elementary school: 

Ocean Crest

Middle school: 

Harbor Lights

High school: 

Bandon

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

$298,536
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$390,544
Cash to seller
$298,536

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

March 2021

Original loan amount

$425,000

Est. remaining balance

$390,544

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Robert H Mchwen and Jeanette R Mchwen

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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91075 Cape Arago Hwy, Coos Bay, OR 97420

Status: Active

Tomo last checked: 11/22/2024 at 12:05 PM

Listing updated: 09/18/2024 at 2:30 AM

Listed by: Brandie Culp, David L. Davis Real Estate Phone #: (541) 347-9444

MLS: PortlandOR #24454116

PortlandOR logo

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