tomo logo

$400,000

Beds
1
Baths
1.0
sq ft
648

1120 Cliff Ave Unit 404, Tacoma, WA 98402

1120 Cliff Ave Unit 404

Tacoma, WA 98402

  • 60 days on market
Beautiful historic Cliff Street Loft condo with unmatched views of Mt. Rainier, Tacoma dome, & Sound. Walking in you'll notice the exposed wood beams, 12 foot ceilings, and large windows. Relax in your living space or cook breakfast over looking the mountain. Updated throughout with SS appliances and open concept living. Washer/Dryer hookup & free laundry option on 5th floor. Extra storage unit located on same floor (4th). Enjoy endless views in your condo and up on the rooftop deck. Easy access to I-5 and downtown living, with shops & endless food options.

Details

Property type

Condominium

Est. home value

$361,876

Lot size

1 sq ft

Price per sq ft

$618

Year built

1907

Annual property taxes

$2,896

Monthly HOA fee

$295

Price History

05/03/2024
NorthwestMLS

NorthwestMLS #2232583

Listed
$400,000
+10.5%
01/25/2023
NorthwestMLS

NorthwestMLS #2005237

Sold
$362,000
-2.95%
04/05/2022
NorthwestMLS

NorthwestMLS #1912335

Sold
$373,000
+35.64%

Schools & Community

Neighborhood: 

New Tacoma

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Gated

School district: 

Tacoma

Number of units in community: 

49

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

$47,440
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$320,560
Cash to seller
$47,440

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

January 2023

Original loan amount

$325,800

Est. remaining balance

$320,560

Interest rate

6.49%

Loan type

New Conventional, 30 year

Seller

Ben R Robinson

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: 07/02/2024 at 4:30 PM

Listing updated: 06/25/2024 at 1:53 PM

Listed by: David Purnell, Engel & Voelkers North Tacoma Phone #: (206) 651-7533

MLS: NorthwestMLS #2232583

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