tomo logo

$425,000

Beds
3
Baths
1.5
sq ft
1,338

87649 18th St SE, Bandon, OR 97411

87649 18th St SE

Bandon, OR 97411

  • 19 days on market
Welcome to your serene country retreat! Enter the home through the inviting enclosed sunroom. Inside, you’ll find a bright and welcoming interior with large windows providing plenty of natural light. The home features 3 bedrooms, including the primary suite on the main level and 2 additional bedrooms plus a half bath upstairs. The spacious living room features a cozy pellet stove, while the recently renovated kitchen offers wood countertops, stainless steel appliances, and beautiful vinyl flooring. The main bath is beautifully updated with modern fixtures and finishes. The generous laundry and utility room provide plenty of storage space. Additionally, there's a versatile bonus room with large windows that flood the space with natural light – perfect for a home office, hobby space, or extra guest area. Set on .81 acres, this property includes three parcels, presenting a unique investment opportunity. The expansive 24x40 shop/garage, mature fruit orchard, and berry bushes enhance the property’s charm and functionality. With industrial zoning, the options are endless – think home business or future development. Imagine the possibilities! Whether you're seeking a peaceful home with room to grow or a prime location for business ventures, this property combines the best of both worlds.

Details

Property type

Single Family Residence

Est. home value

$438,043

Lot size

0.81 acres

Price per sq ft

$318

Year built

1941

Annual property taxes

$1,475.9

Price History

08/31/2024
PortlandOR

PortlandOR #24075680

Listed
$425,000
08/25/2024
PortlandOR

PortlandOR #24545163

Removed
$425,000
08/04/2024
PortlandOR

PortlandOR #24545163

Listed
$425,000

Schools & Community

Elementary school: 

Ocean Crest

Middle school: 

Harbor Lights

High school: 

Bandon

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

$218,288
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$172,712
Cash to seller
$218,288

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

January 2021

Original loan amount

$188,000

Est. remaining balance

$172,712

Interest rate

2.71%

Loan type

New Conventional, 30 year

Seller

Michael J Betz and Jolie Jean Betz

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: 09/19/2024 at 9:15 AM

Listing updated: 09/04/2024 at 11:55 AM

Listed by: Dawn Holthouser, Beach Loop Realty Phone #: (541) 347-1800

MLS: PortlandOR #24075680

PortlandOR logo

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