tomo logo

$465,000

Beds
3
Baths
2.0
sq ft
1,368

612 Centennial Blvd, Springfield, OR 97477

612 Centennial Blvd

Springfield, OR 97477

  • 2 days on market
COMPLETELY remodeled down to the studs in 2021. Remodel includes ALL new plumbing & electrical. New flooring throughout, 2nd FULL bath added in primary, all new plumbing fixtures & electrical fixtures, new roof, new deck, added foundation around the kitchen, added stackable washer/dryer, kitchen was rebuilt from studs with new cabs, new quarts counters, new appliances. Detached shop has power 2 roll up doors, built in cabs, is insulated & concrete cracks were sealed in 2023. Lot is very likely dividable with the driveway on the west side!

Details

Property type

Single Family Residence

Est. home value

$422,688

Property condition

Updated/Remodeled

Lot size

0.28 acres

Price per sq ft

$340

Year built

1946

Annual property taxes

$3,072.71

Price History

10/16/2024
PortlandOR

PortlandOR #24541714

Listed
$465,000
+111.36%
10/29/2021
PortlandOR

PortlandOR #21169321

Sold
$220,000

Schools & Community

Elementary school: 

Two Rivers

Middle school: 

Hamlin

High school: 

Springfield

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

$109,348
Asking price
$465,000
Closing costs (~8% of asking)
-$37,200
Est. remaining loan balance
-$318,452
Cash to seller
$109,348

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

Seller’s Loan History

Lender

Summit Funding Inc

Loan start date

June 2022

Original loan amount

$330,000

Est. remaining balance

$318,452

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Timothy Daniee Duncan and Michelle Ashley Duncan

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: Active

Tomo last checked: 10/18/2024 at 2:20 AM

Listing updated: 10/18/2024 at 12:34 AM

Listed by: Tim Duncan, Tim Duncan Real Estate Phone #: (541) 284-3741

MLS: PortlandOR #24541714

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