tomo logo

$635,000

Beds
4
Baths
2.5
sq ft
2,420

74785 Fern Hill Rd, Rainier, OR 97048

74785 Fern Hill Rd

Rainier, OR 97048

  • 61 days on market
    • Price drop $14,000↓
Peaceful 3.76 acre property with endless possibilities! This unique property includes Two Tax ID 19673 &19674. Huge primary bedroom on the main with a spacious closet, updated bathroom with a tiled walk in shower. The kitchen is a chef's delight, with ample cupboards and counter space. Newer stainless steel kitchen appliances. Formal dining room enhanced by vaulted ceilings and views. Wood flooring throughout most of the house. Don't forget to check out the Extra Bonus Space with beautiful modern updates and remodeling. Garages/shop and a small workshop for your hobby toys or projects. This home is an ideal location for birds and wildlife viewing. Lots of space for your own garden and animals. Fruit trees & bushes. Gate at the entrance and RV Parking. Minutes to town and access to Highway 30. Possible multi generation or Airbnb for Extra Income. Show it today!

Details

Property type

Single Family Residence

Est. home value

$429,966

Lot size

3.76 acres

Price per sq ft

$263

Year built

1939

Annual property taxes

$4,744

Price History

10/09/2024
PortlandOR

PortlandOR #24315586

Price change
$635,000
-2.16%
09/13/2024
PortlandOR

PortlandOR #24315586

Price change
$649,000
-5.67%
09/03/2024
PortlandOR

PortlandOR #24315586

Listed
$688,000
+32.31%

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

$221,052
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$363,148
Cash to seller
$221,052

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

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

September 2021

Original loan amount

$390,000

Est. remaining balance

$363,148

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Janet Kwan

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: 11/03/2024 at 6:10 AM

Listing updated: 10/15/2024 at 11:29 PM

Listed by: Jessie Yee, Oregon First Phone #: (503) 667-5686

MLS: PortlandOR #24315586

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