👑 Sheridan, OR Fixer | Great Bones, Prime Location 👑
Asking Price: $285,000
620 NE Bockes Loop, Sheridan, OR 97378
Public Walkthrough on 9/10 at 11 AM
Solid three-bedroom home in a quiet Sheridan neighborhood, minutes from McMinnville — bring your rehab budget and capture strong ARV upside.
🏠 Property Snapshot
3 bed / 2 bath, ~1,525 sqft
0.17-acre lot
Built 1992
ARV: $430,000
⭐ Highlights
Wood-burning fireplace in living room
Large garage with driveway
Storage outbuilding
Fenced backyard
Near schools, restaurants, grocery stores, shopping, and outdoor recreation
Close to downtown Sheridan and McMinnville
🔧 What’s Left
Kitchen update
Cosmetic upgrades
Roof replacement
💵 Flip Numbers
Purchase Price: $285,000
Est. Rehab: $60,000
Buy Side Closing (title/escrow): $4,000
Holding Costs (1%/mo x 4 months): $11,400
Listing Commission (1.5% of ARV): $6,450
Buyer’s Agent Commission (2.5% of ARV): $10,750
Total All-In: ~$377,600
ARV: $430,000
💰 Est. Profit (w/ Hard Money): ~$52,400
💰 Est. Profit (Cash/Own Funds): ~$63,800
🔗 ARV Comps:
https://www.zillow.com/homedetails/614-NE-Bockes-Loop-Sheridan-OR-97378/48638506_zpid/
https://www.zillow.com/homedetails/788-NE-Blair-St-Sheridan-OR-97378/48638516_zpid/
https://www.zillow.com/homedetails/807-NE-Sherman-St-Sheridan-OR-97378/48643369_zpid/
https://www.zillow.com/homedetails/611-NE-Bockes-Loop-Sheridan-OR-97378/48638518_zpid/
📌 CIK Terms: $10K non-refundable EMD due within 24 hours of mutual acceptance. Buyer pays all
closing costs. AS-IS sale — informational inspections only, no renegotiations. No assignments.
Brokers welcome with pre-disclosed representation.
DM us or drop a comment 👇
Cash or hard money only, price is net to seller, buyer pays all closing costs, property sold in as-is condition, buyer is responsible for their own due diligence and verifying all facts and figures in regards to purchasing the property. Wholesale King does not allow for buyers to reassign or sell to a third party prior to close. Opinion of value and breakdown spreadsheet is given as a courtesy only as seller makes no guarantees or warranties, express or implied, as to the value, condition, remodel cost, and/or any costs or fees associated with selling or investing in this property. Members of selling entity are real estate licensee’s in the State of Oregon and Washington. Real Estate Licensee and/or associated brokerage are not acting in any role as real estate broker or as a brokerage of this transaction. No brokers are receiving compensation as part of this Agreement and are not representing any party.
