tomo logo

$749,000

Beds
2
Baths
2.0
sq ft
1,344

70700 Majestic Shores Rd, North Bend, OR 97459

70700 Majestic Shores Rd

North Bend, OR 97459

  • 41 days on market
    • Price drop $10,000↓
Experience serene lakefront living in this beautifully remodeled 2 bedroom, 2 bath home on the sunny side of Shutters Arm of Tenmile Lake. With convenient road access, an asphalt driveway, and ample parking, this home offers both comfort and style. The interior boasts custom myrtle wood cabinets, a striking myrtle wood spiral staircase, quartz countertops, and engineered vinyl wood grain flooring. A Hearthstone soapstone wood stove and gas range enhance the cozy ambiance, while the master suite features a private balcony overlooking the tranquil lake. The property includes an 18'x24' boathouse with docks on three sides, a ramp leading from spacious decks and a covered sunroom, and a 24'x30' two-bay garage/shop complete with two 10' roll-up doors, a 10'x24' loft, and a spacious office/storeroom. The domestic well is equipped with a new Gould pump and extensive filtration systems, and the property includes lake water rights for irrigation. For gardening enthusiasts, an organic raised bed vegetable garden and fruit orchard, fully deer-fenced, and a 12'x20'cold frame are ready for use. Enjoy stunning year-round views of the lake and local wildlife, with access to world-class fishing and crabbing just steps away. Located a mere 5-minute boat ride to Lakeside and a 15-minute drive to the Oregon Dunes National Recreation Area, this home offers the perfect blend of Lakeside serenity and easy access to all that the Oregon coast has to offer. Don’t miss this exceptional opportunity to embrace the peaceful lakeside lifestyle.

Details

Property type

Single Family Residence

Est. home value

$662,853

Lot size

0.95 acres

Price per sq ft

$558

Year built

1983

Annual property taxes

$2,418.37

Price History

09/09/2024
PortlandOR

PortlandOR #24543126

Price change
$749,000
-1.32%
09/01/2024
PortlandOR

PortlandOR #24543126

Removed
$759,000
08/29/2024
PortlandOR

PortlandOR #24543126

Listed
$759,000

Schools & Community

Elementary school: 

North Bay

Middle school: 

North Bend

High school: 

North Bend

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

$197,877
Asking price
$749,000
Closing costs (~8% of asking)
-$59,920
Est. remaining loan balance
-$491,203
Cash to seller
$197,877

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

March 2023

Original loan amount

$500,000

Est. remaining balance

$491,203

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Rosemarie Smith Wood

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: 09/18/2024 at 7:05 PM

Listing updated: 09/12/2024 at 12:38 PM

Listed by: Virgil Llewellyn, eXp Realty, LLC Phone #: (541) 297-7071

MLS: PortlandOR #24543126

PortlandOR logo

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