tomo logo

$700,000

Beds
5
Baths
2.5
sq ft
3,037

10806 Stedman Rd SE, Olympia, WA 98513

10806 Stedman Rd SE

Olympia, WA 98513

  • 12 days on market
Experience tranquil waterfront living at this Tempo Lake home, where eagles and osprey abound. This retreat features a newer roof, skylight, updated electric panel, and Trex decking with lake views. The property includes a dock, clear cedar accents, and an 8-bedroom drain field. The expansive living room overlooks the lake, while the main floor primary suite has a walk-in closet and 3/4 bath. The kitchen, with retro tile countertops and a nook, also faces the lake, with a skylight and slider to the wrap-around deck. The lower level includes a kitchenette, radiant heat, a diesel furnace, and two wood-burning fireplaces with an insert. All main living areas are lake-facing, providing picturesque views. Located near the Chehalis Western Trail

Details

Property type

Single Family Residence

Est. home value

$799,906

Lot size

0.46 acres

Price per sq ft

$231

Year built

1968

Annual property taxes

$6,695

Monthly HOA fee

$15.83

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2286773

Listed
$700,000
-3.45%
04/01/2024
NorthwestMLS

NorthwestMLS #2167850

Removed
$725,000
03/25/2024
NorthwestMLS

NorthwestMLS #2167850

Price change
$725,000
-5.22%

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Tenino

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

$314,919
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$329,081
Cash to seller
$314,919

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

Seller’s Loan History

Lender

American Equity Mortgage Inc

Loan start date

April 2014

Original loan amount

$417,000

Est. remaining balance

$329,081

Interest rate

4.37%

Loan type

New Conventional, 30 year

Seller

Beverly Freeman

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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Status: Active

Tomo last checked: 09/16/2024 at 12:25 PM

Listing updated: 09/05/2024 at 3:18 PM

Listed by: Karyn Richards, Imagine Real Estate Phone #: (360) 528-8688

MLS: NorthwestMLS #2286773

NorthwestMLS logo

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