tomo logo

$375,000

Beds
4
Baths
2.0
sq ft
1,313

601 W 1st St Unit 12, Newberg, OR 97132

601 W 1st St Unit 12

Newberg, OR 97132

  • Pending
    • Price drop $5,000↓
Come fall in love with this charmer! Homeowners and Investors DREAM! 2020 updates including exterior paint, all appliances and SS Refrigerator, stackable washer and dry, mini split system, Luxury vinyl flooring throughout, and updated bathrooms! Nothing to do-Move-in Ready! 4BR - 2 up and 2 on main floor, 2BA- one up and one on main floor. Backyard is updated with new sod in July 2024 and includes a garden tool shed. This detached condominium is a great rental for students, families or those needing extra bedrooms. This is sweet community, near downtown, & restaurants. The $110 monthly HOA covers front lawn, entrance, management, insurance and garbage service. You don't want to miss this one!

Details

Property type

Condominium

Est. home value

$341,486

Lot size

Unknown

Price per sq ft

$286

Year built

2004

Annual property taxes

$3,034.97

Monthly HOA fee

$110

Price History

08/12/2024
PortlandOR

PortlandOR #24644575

Pending
$375,000
08/09/2024
PortlandOR

PortlandOR #24644575

Price change
$375,000
-1.32%
07/12/2024
PortlandOR

PortlandOR #24644575

Listed
$380,000
+39.71%

Schools & Community

Elementary school: 

Antonia Crater

Middle school: 

Chehalem Valley

High school: 

Newberg

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

$108,927
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$236,073
Cash to seller
$108,927

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

May 2020

Original loan amount

$258,400

Est. remaining balance

$236,073

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Anne Iskra

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?

Status: Pending/Under Contract

Tomo last checked: 08/25/2024 at 12:00 AM

Listing updated: 08/14/2024 at 2:22 AM

Listed by: Robin Palmore, Premiere Property Group, LLC Phone #: (503) 670-9000

MLS: PortlandOR #24644575

PortlandOR logo

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