tomo logo

$365,000

Beds
3
Baths
2.0
sq ft
Unknown

839 S 8th St, Cottage Grove, OR 97424

839 S 8th St

Cottage Grove, OR 97424

  • 23 days on market
    • Price drop $10,000↓
MOTIVATED SELLER! Nestled in the heart of Cottage Grove, this charming home offers a fantastic opportunity for first-time buyers, downsizers, or investors. Features 3 beds/2 baths, 1372 sqft, single-level layout offering cozy comfort with modern convenience. Nice living room with built-in-features and a fireplace. The kitchen boasts plenty of space and a cozy dining area. Convenient laundry room includes washer/dryer, sink and storage options. The bedrooms are thoughtfully designed including a primary suite with walk-in-shower. Additional highlights include updated appliances and new hot water heater. The fenced backyard is a private oasis, including a covered patio, hot tub, an amazing full outdoor kitchen, gazebo with fire pit, perfect for entertaining. Attached one car garage with RV parking. Great location, conveniently located near schools, dining and downtown amenities/errands. Don’t miss the chance to make this Cottage Grove gem your own!

Details

Property type

Single Family Residence

Est. home value

$307,886

Lot size

6,969 sq ft

Price per sq ft

Unknown

Year built

1924

Annual property taxes

$2,985

HOA

No

Price History

01/16/2025
PortlandOR

PortlandOR #24357761

Price change
$365,000
-2.67%
12/30/2024
PortlandOR

PortlandOR #24357761

Listed
$375,000
+20.97%
03/01/2022
PortlandOR

PortlandOR #22371685

Sold
$310,000

Schools & Community

Elementary school: 

Harrison

Middle school: 

Lincoln

High school: 

Cottage Grove

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

$48,649
Asking price
$365,000
Closing costs (~8% of asking)
-$29,200
Est. remaining loan balance
-$287,151
Cash to seller
$48,649

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

February 2022

Original loan amount

$304,385

Est. remaining balance

$287,151

Interest rate

3.45%

Loan type

FHA, 30 year

Seller

Patrick L Kimes and Gleva L Dalton

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: 01/22/2025 at 12:05 PM

Listing updated: 01/16/2025 at 7:27 PM

Listed by: Rick Sadle, Keller Williams Realty Professionals Phone #: (503) 546-9955

MLS: PortlandOR #24357761

PortlandOR logo

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