tomo logo

$304,999

Beds
2
Baths
1.75
sq ft
1,088

1040 S 320th St Unit 13, Federal Way, WA 98003

1040 S 320th St Unit 13

Federal Way, WA 98003

  • 179 days on market
    • Price drop $5,000↓
Spacious condo now available in Federal Way just minutes from everything. This home has 2 bedrooms with 1.75 bathrooms and 1088 square feet. New carpet installed and freshly painted. Trinidad South is fully gated and located on 320th street just 1 mile away from the transit center and future light rail station.

Details

Property type

Condominium

Est. home value

$307,228

Lot size

Unknown

Price per sq ft

$281

Year built

1978

Annual property taxes

$2,441

Monthly HOA fee

$370

Price History

09/24/2024
NorthwestMLS

NorthwestMLS #2221324

Price change
$304,999
-1.61%
08/08/2024
NorthwestMLS

NorthwestMLS #2221324

Pending
$309,999
07/19/2024
NorthwestMLS

NorthwestMLS #2221324

Price change
$309,999
-1.59%

Schools & Community

Neighborhood: 

Mirror Lake

Elementary school: 

Mirror Lake Elem

Middle school: 

Sacajawea Jnr High

High school: 

Federal Way Snr High

Community features: 

Gated

School district: 

Federal Way

Number of units in community: 

43

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

$154,953
Asking price
$304,999
Closing costs (~8% of asking)
-$24,400
Est. remaining loan balance
-$125,646
Cash to seller
$154,953

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

Seller’s Loan History

Lender

Crosscountry Mortgage Inc

Loan start date

February 2018

Original loan amount

$144,950

Est. remaining balance

$125,646

Interest rate

3.93%

Loan type

New Conventional, 30 year

Seller

Terry Farmer

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

Pending
$320,000
2 bd
|
1.75 ba
|
986 sq ft
|
Condo

145 S 329th Pl Unit D, Federal Way, WA 98003

Listing provided by NWMLS

$275,000
2 bd
|
2 ba
|
880 sq ft
|
Condo

29645 18th Ave S Unit D103, Federal Way, WA 98003

Listing provided by NWMLS

$269,950
2 bd
|
1.75 ba
|
888 sq ft
|
Condo

28610 16th Ave S Unit 103, Federal Way, WA 98003

Listing provided by NWMLS

Status: Active

Tomo last checked: 10/05/2024 at 7:45 PM

Listing updated: 09/24/2024 at 6:47 AM

Listed by: Mathew Kelpszas, John L. Scott Federal Way Phone #: (253) 839-6650

MLS: NorthwestMLS #2221324

NorthwestMLS logo

Recently listed in Federal Way

$549,000|3 bd|1.5 ba|House
$649,999|3 bd|2.25 ba|House
$669,950|4 bd|2.5 ba|House
$770,000|4 bd|3.25 ba|House
$1,200,000|3 bd|1.75 ba|House
$895,000|4 bd|2.5 ba|House
$545,000|3 bd|1.75 ba|House
$629,950|4 bd|2.25 ba|House
$550,000|3 bd|1.5 ba|House
$620,000|3 bd|2.25 ba|House