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FOUR-ACRE EQUESTRIAN FACILITY AND HOME

$499,000

Photo of 12155 SW Tooze Rd., Sherwood, OR, 97140.

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FRONT :2,055 SF One-level Home
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Address:	12155 SW Tooze Rd.
City/ST:	Sherwood,OR
Zip Code:	97140
Location:	Sherwood
Property Type:	Single Family Home
New or Resale:	Resale
Square Footage:	2055
Bedrooms:	3
Bathrooms:	2 full, 1 half
MLS#	12132007
Last Updated:	4/9/2013 7:09:31 PM
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Wonderful Equestrian Facility on Four Level Acres with Mt. Hood View
One-level 2,055 SF Home Features 3 Bedrooms and 2.5 Bathrooms
Great Room Floor Plan with Formal Living and Dining, Spacious Family Room with Double-sided Fireplace, Large Mud Room, and Ceiling Fans in Most Rooms
Large Kitchen with Oak Cabinets, Pantry, Stainless Steel, & Built-in Eating Area
Many Updates Including Remodeled Baths, Newer Roof, Windows & Plumbing
Central Air, New Heat Pump, Fridge, Washer and Dryer Included
Open and Airy Barn with Great Ventilation Features 120’ x 60’ Indoor Arena with Center Seating Area, Hay Loft and Large Hay Storage Room, 21 Stalls, Three Tack Rooms (Two are Heated, One is an Office), Multiple Cross-tie Areas, Wash Rack with Hot and Cold Water, and Plentiful Storage
Large Outdoor Arena and Round Pen, Two Large Pastures, and Two Turnout Pastures with Shelter
Two Parcels ~ Larger of which is in Farm Deferral, Significantly Lowering the Tax Burden

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Located in the heart of Oregon�s horse country, this fantastic facility is ideal for training or boarding, and is ready for immediate use!

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First Time Buyers >The Seller May Pay

The costs of buying a home may be daunting. For example, you may have finally saved enough for a down payment on your first home, with a little left over to buy the furniture you will need. Then you hear about having to pay closing costs you weren't anticipating, and this may seem like a real setback.

One way to cover such a shortage is to make the sellers an offer that calls for them to credit you for some of the closing costs. As a rule, the sellers may pay a maximum of 3 percent of the sales price if the buyer is putting five percent down. If the buyer is making a down payment of 10 percent or more, the seller can contribute up to 6 percent of the sales price to cover the buyer's closing costs. Some items, such as prepaid taxes and the first month's mortgage payment, must be paid by the buyers. Sellers may also contribute to paying the appraisal, points, title insurance, settlement attorney fees, state or local transfer taxes and similar items.

Keep in mind that if the credit is included in the price of the house, the appraiser will have to justify the amount, based on sales prices of similar homes in the neighborhood.

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Q	What is the average price for a home in the United States?
A	According to recent data published by the NAR, the national median price for existing single-family homes is now $230,000.
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The Marc Fox Group, REALTOR�, real estate agent and broker for Portland, Beaverton, Tigard and Sherwood, Oregon home listings, property and land for sale

The Marc Fox Group
Keller Williams
17700 SW Boones Ferry Rd.
Portland, OR 97224
503-484-5010
503-915-7475
Fax: 503-336-7170
marcfox@NUMBER1EXPERT.com
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