tomo logo

$619,000

Beds
5
Baths
3.0
sq ft
Unknown

975 SE Olive Way, Estacada, OR 97023

975 SE Olive Way

Estacada, OR 97023

  • 21 days on market
    • Price drop $10,000↓
Experience tranquility in this modern Scandinavian farmhouse, where privacy and a treehouse-inspired atmosphere create a serene retreat. On the main level, you'll find 1 bedroom, 1 full bath, and an expansive open living area that seamlessly blends with nature. The chef's kitchen is equipped with a gas stove, large island, farmhouse sink, tiled backsplash, pantry, new carpet, new light fixtures and an EV charger. Two fireplaces—one in the living room and another in the primary bedroom—add warmth and cozy ambiance. Upstairs, the light-filled primary bedroom with an ensuite features a soaking tub, double sinks, a walk-in tiled shower, and a substantial walk-in closet with direct access to the laundry room. Three additional well-appointed bedrooms share a full bathroom, along with an extra family room, all offering a sense of peaceful retreat amidst the trees. The home lives large with a 3 car garage and ample off street parking.

Details

Property type

Single Family Residence

Est. home value

$590,113

Lot size

7,840 sq ft

Price per sq ft

Unknown

Year built

2020

Annual property taxes

$5,591.94

Monthly HOA fee

$100

Price History

04/03/2025
PortlandOR

PortlandOR #197346796

Price change
$619,000
-1.59%
03/13/2025
PortlandOR

PortlandOR #197346796

Listed
$629,000
+13.95%
12/05/2022
PortlandOR

PortlandOR #22033144

Sold
$552,000
+8.26%

Schools & Community

Elementary school: 

Clackamas River

Middle school: 

Estacada

High school: 

Estacada

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

$135,396
Asking price
$619,000
Closing costs (~8% of asking)
-$49,520
Est. remaining loan balance
-$434,084
Cash to seller
$135,396

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

August 2023

Original loan amount

$441,600

Est. remaining balance

$434,084

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Amber Ospina

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?

Status: Active

Tomo last checked: 04/04/2025 at 4:15 AM

Listing updated: 04/03/2025 at 12:31 PM

Listed by: Lillian Foster, Move Real Estate Inc Phone #: (503) 836-2010

MLS: PortlandOR #197346796

PortlandOR logo

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