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$584,900

Beds
3
Baths
2.0
sq ft
1,610

5975 Balboa Ave, Lincoln City, OR 97367

5975 Balboa Ave

Lincoln City, OR 97367

  • 73 days on market
    • Price drop $15,000↓
One level 3 bed 2 bath luxury living in Coronado Shores. Privacy inside (split living) and out (wooded commons). High end finishes throughout will leave you feeling spoiled every time you enter. Built in 2018 with upgraded luxury vinyl floors, stainless appliances, tankless water heater, 50 year Malarkey roof. Gas fireplace and covered deck. Coronado Shores is a laid back community with low HOA and great amenities. Clubhouse, 2 saltwater pools, rentable ocean front cabana, basketball court. Plumbed for central vac. Short distance to miles of sandy beach. Make this your full time home or wonderful vacation getaway!

Details

Property type

Single Family Residence

Est. home value

$599,313

Lot size

8,712 sq ft

Price per sq ft

$364

Year built

2018

Annual property taxes

$4,067.27

Monthly HOA fee

$38.17

Price History

09/01/2024
PortlandOR

PortlandOR #24028453

Price change
$584,900
-2.5%
08/19/2024
PortlandOR

PortlandOR #24028453

Price change
$599,900
-4.02%
08/06/2024
PortlandOR

PortlandOR #24028453

Listed
$625,000

Schools & Community

Elementary school: 

Oceanlake

Middle school: 

Taft

High school: 

Taft

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

$448,103
Asking price
$584,900
Closing costs (~8% of asking)
-$46,792
Est. remaining loan balance
-$90,005
Cash to seller
$448,103

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

Seller’s Loan History

Lender

First Interstate Bank

Loan start date

October 2019

Original loan amount

$100,000

Est. remaining balance

$90,005

Interest rate

3.58%

Loan type

New Conventional, 30 year

Seller

Kent C Price and Lee Ann Price

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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113 Ridge Crest Rd, Gleneden Beach, OR 97388

Status: Active

Tomo last checked: 09/16/2024 at 12:30 PM

Listing updated: 09/09/2024 at 11:29 AM

Listed by: Barbara Bechmann, Emerald Coast Realty-Seal Rock Phone #: (541) 283-3589

MLS: PortlandOR #24028453

PortlandOR logo

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