tomo logo

$375,000

Beds
4
Baths
2.0
sq ft
1,792

611 Crestview Dr, Reedsport, OR 97467

611 Crestview Dr

Reedsport, OR 97467

  • 109 days on market
    • Price drop $5,000↓
Beautiful multifamily investment property on the Oregon Coast! Enjoy the serene surroundings as you sit on your balcony and take in the view! This property is so versatile and has excellent rental history. Live in one and keep the other rented, great as a vacation home or airbnb, or tenant occupy both! The opportunities are endless! Each large two bedroom one bathroom unit with almost 900 square feet, has amazing natural light, an oversized living space, generous sized bedrooms and tons of storage, indoor washer and dryer hookups, separate private yard spaces, three covered parking spaces, and private storage! The occupied unit has had some recent upgrades done in the last few years. Both are beautiful and so inviting, you will not want miss this amazing opportunity!

Details

Property type

Townhouse

Est. home value

$344,608

Lot size

9,147 sq ft

Price per sq ft

$210

Year built

1973

Annual property taxes

$3,022.66

Price History

10/09/2024
PortlandOR

PortlandOR #24075387

Price change
$375,000
-1.32%
09/23/2024
PortlandOR

PortlandOR #24075387

Listed
$380,000
09/09/2024
PortlandOR

PortlandOR #24075387

Pending
$380,000

Schools & Community

Elementary school: 

Highland

Middle school: 

Reedsport

High school: 

Reedsport

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

$136,373
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$208,627
Cash to seller
$136,373

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

July 2021

Original loan amount

$225,000

Est. remaining balance

$208,627

Interest rate

2.94%

Loan type

New Conventional, 30 year

Seller

Janet Cheryl Acuna

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: 11/21/2024 at 5:40 PM

Listing updated: 10/08/2024 at 6:49 PM

Listed by: Christine Richey, Lamonte Real Estate Professionals Phone #: (541) 391-7560

MLS: PortlandOR #24075387

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