tomo logo

$541,670Estimated home value

Beds
3
Baths
1.5
sq ft
1,480

94837 Elk River Rd, Port Orford, OR 97465

94837 Elk River Rd

Port Orford, OR 97465

  • Sold On 10/18/2024
    • Price drop $55,000↓
PRICE REDUCTION! Perched above the Elk River with magnificent views , this enchanting 3-bedroom, 1.5-bath home offers a slice of paradise for those seeking the perfect blend of comfort and natural beauty. Immerse yourself in the serenity of rural living while enjoying breathtaking views of both the meandering Elk River and majestic mountains that frame the horizon. Spacious and thoughtfully designed, this home offers ample room for family and guests. Step outside onto a large deck that spans the rear of the home. Here, you can soak up the sunshine, host gatherings with loved ones, or simply unwind with a book and a cup of coffee while taking in the mesmerizing views. With direct access to the Elk River, your backyard becomes a playground for water enthusiasts. Kayaking, fishing, swimming or simply enjoying the soothing sounds of the river. Mountain spring fed well. Whether you're an outdoor enthusiast, a nature lover, or simply seeking a serene place to call home, this property offers a rare opportunity to live amidst natural splendor. Contact your Realtor today to schedule a viewing and embark on a journey to make this riverside haven your own.

Details

Property type

Single Family Residence

Est. home value

$541,670

Lot size

0.96 acres

Price per sq ft

$352

Year built

1958

Annual property taxes

$2,640.47

Price History

10/18/2024
PortlandOR

PortlandOR #24618799

Sold
$520,000
10/07/2024
PortlandOR

PortlandOR #24618799

Removed
$520,000
09/28/2024
PortlandOR

PortlandOR #24618799

Pending
$520,000

Schools & Community

Elementary school: 

Driftwood

Middle school: 

Driftwood

High school: 

Pacific

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

$301,482
Asking price
$520,000
Closing costs (~8% of asking)
-$41,600
Est. remaining loan balance
-$176,918
Cash to seller
$301,482

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

September 2021

Original loan amount

$190,000

Est. remaining balance

$176,918

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Susan W Schaefer and Walter V Schaefer

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?

Similar Homes Nearby

PortlandOR
$495,000
3 bd
|
2 ba
|
1,600 sq ft
|
House

557 11th St, Port Orford, OR 97465

PortlandOR
$545,000
3 bd
|
2 ba
|
2,460 sq ft
|
House

22 Highway 101, Port Orford, OR 97465

PortlandOR
$515,000
3 bd
|
2 ba
|
1,826 sq ft
|
Manufactured

34944 Ophir Rd, Gold Beach, OR 97444

Status: Off Market

Tomo last checked: 11/03/2024 at 5:05 AM

Listing updated: 10/18/2024 at 3:11 PM

Listed by: Dannielle Glines, Neath The Wind Realty, Inc. Phone #: (541) 332-9463

MLS: PortlandOR #24618799

PortlandOR logo

Recently listed in Port Orford

$349,000|3 bd|2.0 ba|House
$350,000|2 bd|1.0 ba|House
$375,000|1 bd|1.0 ba|House
$225,000|2 bd|1.0 ba|Manufactured
$449,000|3 bd|1.0 ba|House
$649,000|3 bd|1.5 ba|House
$545,000|3 bd|2.0 ba|House
$495,000|3 bd|2.0 ba|House
$1,449,000|3 bd|3.0 ba|House