tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
1,538

70774 Middle Rd, Elgin, OR 97827

70774 Middle Rd

Elgin, OR 97827

  • 417 days on market
Beautiful 58.77-acre piece of property just North of Elgin! Grow crops on this tilled land or use it for grazing! This 3-bedroom 2-bathroom home with an attached 2 car garage, has a cozy warm feeling with the fireplace surrounded by blue pine walls in the family room. An open kitchen and dining area helps to make family gatherings a time to remember! Bring your horses or livestock to graze in the pastures. There are corrals and a pond located on the property with 2 wells. Enjoy your evenings on the covered patio with plenty of shade from the nearby trees! Fruit trees and a garden area to grow your own vegetables makes this country living lifestyle the place you ought to be!!

Details

Property type

Single Family Residence

Est. home value

$612,250

Lot size

58.77 acres

Price per sq ft

$407

Year built

1977

Annual property taxes

$1,302.17

Price History

10/18/2024
PortlandOR

PortlandOR #23198845

Removed
$625,000
08/19/2024
PortlandOR

PortlandOR #23198845

Listed
$625,000
09/19/2023
PortlandOR

PortlandOR #23198845

Listed
$625,000

Schools & Community

Elementary school: 

Stella Mayfield

Middle school: 

Elgin

High school: 

Elgin

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

$539,802
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$35,198
Cash to seller
$539,802

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

Seller’s Loan History

Lender

Union Wallowa Baker Fcu

Loan start date

December 2015

Original loan amount

$69,424

Est. remaining balance

$35,198

Interest rate

2.98%

Loan type

Not Provided, 16 year

Seller

Charles S Anderson Jr and Sheri L Anderson

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: 11/09/2024 at 8:35 AM

Listing updated: 10/18/2024 at 3:11 PM

Listed by: Roger Hutson, Valley Realty Phone #: (541) 963-4174

MLS: PortlandOR #23198845

PortlandOR logo

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