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$875,000

Beds
3
Baths
3.0
sq ft
2,150

87686 Cedar Flat Rd, Springfield, OR 97478

87686 Cedar Flat Rd

Springfield, OR 97478

  • Pending
    • Price drop $23,000↓
Discover your dream retreat featuring 5 acres tucked back on a quiet hillside, nestled among the trees & walking trails. This PNW-style home boasts a beautifully remodeled kitchen with granite countertops and stainless steel appliances, and family & living rooms complemented by vaulted ceilings that enhance the spacious feel. With 3 bedrooms and 3 bathrooms, this home offers the perfect blend of comfort and functionality in a serene, private setting. Inclusive of propane and a generator, a massive shop with a finished bonus room/office, and a second outbuilding/carport with additional finished space, there’s ample room for hobbies and equipment.

Details

Property type

Single Family Residence

Est. home value

$858,458

Property condition

Updated/Remodeled

Lot size

5.24 acres

Price per sq ft

$407

Year built

1978

Annual property taxes

$5,862.8

Price History

09/06/2024
PortlandOR

PortlandOR #24520092

Pending
$875,000
08/21/2024
PortlandOR

PortlandOR #24520092

Price change
$875,000
-2.56%
07/24/2024
PortlandOR

PortlandOR #24520092

Listed
$898,000

Schools & Community

Elementary school: 

Thurston

Middle school: 

Thurston

High school: 

Thurston

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

$465,959
Asking price
$875,000
Closing costs (~8% of asking)
-$70,000
Est. remaining loan balance
-$339,041
Cash to seller
$465,959

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

October 2020

Original loan amount

$370,000

Est. remaining balance

$339,041

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Michael J Kiley and Nicole A Kiley

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 8:15 PM

Listing updated: 09/07/2024 at 2:46 AM

Listed by: Leah Hyland, Windermere RE Lane County Phone #: (541) 484-2022

MLS: PortlandOR #24520092

PortlandOR logo

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