tomo logo

$622,000

Beds
2
Baths
2.0
sq ft
1,519

1070 5th Ave S Unit 207, Edmonds, WA 98020

1070 5th Ave S Unit 207

Edmonds, WA 98020

  • Pending
Welcome to your serene retreat close to the vibrant heart of Downtown Edmonds on the west side of 5th Avenue. This spacious 2-bedroom, 2-bath condo boasts a coveted west-facing patio where you can unwind peacefully. Enjoy generous bedrooms, a large kitchen perfect for entertaining, and a spacious living room with a fireplace that flows into the formal dining area. Additional perks include a walk-in laundry room, a bonus pantry/storage space, and plenty of extra storage throughout. On-site amenities feature a fitness center, party room, secure entry, elevator, dedicated parking, and extra storage unit. Pre-inspected and move-in ready—don’t miss this gem!

Details

Property type

Condominium

Est. home value

$671,089

Lot size

Unknown

Price per sq ft

$410

Year built

1979

Annual property taxes

$3,792

Monthly HOA fee

$588

Price History

09/16/2024
NorthwestMLS

NorthwestMLS #2286494

Pending
$622,000
09/06/2024
NorthwestMLS

NorthwestMLS #2286494

Listed
$622,000
-5.04%
12/05/2023
NorthwestMLS

NorthwestMLS #2170397

Removed
$655,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Edmonds

Number of units in community: 

27

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

$276,499
Asking price
$622,000
Closing costs (~8% of asking)
-$49,760
Est. remaining loan balance
-$295,741
Cash to seller
$276,499

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

Seller’s Loan History

Lender

Boeing Employees Cu

Loan start date

December 2021

Original loan amount

$346,500

Est. remaining balance

$295,741

Interest rate

2.33%

Loan type

New Conventional, 16 year

Seller

Angelica Vega Irwin and Mark W Irwin

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?

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21114 80th Ave W Unit 9, Edmonds, WA 98026

Listing provided by NWMLS

Status: Pending/Under Contract

Tomo last checked: 09/17/2024 at 2:30 PM

Listing updated: 09/16/2024 at 12:38 PM

Listed by: Betina Finley, Coldwell Banker Bain Phone #: (425) 454-0470

MLS: NorthwestMLS #2286494

NorthwestMLS logo

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