tomo logo

$999,000

Beds
4
Baths
2.0
sq ft
3,785

74040 Lindberg Rd, Rainier, OR 97048

74040 Lindberg Rd

Rainier, OR 97048

  • 157 days on market
    • Price drop $91,000↓
$91,000 PRICE REDUCTION! This private river front property on 4.35 acres is a slice of paradise! With beautiful views of the Columbia River, 20 windows, each an impressive 9 feet tall, provides breathtaking views that truly defines estate living. This custom designed open concept house seamlessly integrates the spacious interior by letting the outdoors in, offering views of trees and the river from every angle. The culinary enthusiast will delight in the well designed kitchen featuring Sub-Zero built-in refrigerator with a wine cooler, high-end Wolf appliances and eat bar ensuring both functionality and style. The spacious primary bedroom offers 2 closets, its own fireplace, a luxurious bathroom and a door to the oasis on the patio. This property has undergone a series of new improvements and additions, including an approximate 576 square foot non- conforming 4 bedroom/Flex room perfect for guests or extended family members that want comfort and privacy. The outdoor living area has been transformed into a $60,000 retreat, complete with a fabulous stone tower housing a built-in electric BBQ and separate wood-burning fireplace, ideal for dining and entertaining against the backdrop of the scenic riverfront. The expansive deck lines the back that adds to this home's many options of tranquil living. The exterior has been meticulously attended to, with new landscaping in the front yard, fresh exterior paint, a $100,000 investment in a new roof and gutters and the installation of a water softener/conditioner. There is also covered RV parking space. Less than an Hour to PDX and Astoria! Don't miss the opportunity to make this one-of-a-kind treasure your own! Go to attachment for list of improvements.

Details

Property type

Single Family Residence

Est. home value

$1,072,608

Lot size

4.35 acres

Price per sq ft

$264

Year built

1995

Annual property taxes

$7,281.52

Price History

08/07/2024
PortlandOR

PortlandOR #24399931

Price change
$999,000
-8.35%
06/18/2024
PortlandOR

PortlandOR #24399931

Listed
$1,090,000
06/18/2024
PortlandOR

PortlandOR #24399931

Removed
$1,090,000

Schools & Community

Elementary school: 

Hudson Park

Middle school: 

Rainier

High school: 

Rainier

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

$613,516
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$305,564
Cash to seller
$613,516

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

December 2013

Original loan amount

$393,750

Est. remaining balance

$305,564

Interest rate

4.28%

Loan type

New Conventional, 30 year

Seller

Lauren P James and Janelle R James

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: 09/07/2024 at 8:45 PM

Listing updated: 09/07/2024 at 2:45 AM

Listed by: Steven Brown, MORE Realty Phone #: (503) 353-6673

MLS: PortlandOR #24399931

PortlandOR logo

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