tomo logo

$1,050,000

Beds
2
Baths
2.25
sq ft
1,526

1120 Spring St Unit 1602, Seattle, WA 98104

1120 Spring St Unit 1602

Seattle, WA 98104

  • 11 days on market
Welcome to this stylish penthouse in the heart of First Hill, offering breathtaking city and lake views through dramatic two-story floor-to-ceiling windows. The open-concept living space is bathed in natural light and features a wood-burning fireplace, perfect for cozy evenings. 2 bedrooms with en suite bathrooms, new electric blackout shades throughout, an incredible AV system with hidden screen and a large terrace. Guest apartment available and on site manager. 2 parking spots with option to rent a 3rd. Modern finishes, high-end appliances, and a sophisticated design create a luxurious ambiance. Ideal for relaxing in style, this penthouse is the epitome of Seattle urban living, just minutes from the city's best restaurants and nightlife.

Details

Property type

Condominium

Est. home value

$1,032,914

Lot size

Unknown

Price per sq ft

$689

Year built

1982

Annual property taxes

$9,422

Monthly HOA fee

$2,175

Price History

10/10/2024
NorthwestMLS

NorthwestMLS #2300415

Listed
$1,050,000
-9.4%
06/08/2018
NorthwestMLS

NorthwestMLS #1256375

Sold
$1,159,000
+54.22%
12/02/2005
NorthwestMLS

NorthwestMLS #25135911

Sold
$751,500

Schools & Community

Neighborhood: 

First Hill

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Gated

High school district: 

Seattle

Number of units in community: 

61

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

$369,065
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$596,935
Cash to seller
$369,065

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

March 2021

Original loan amount

$649,600

Est. remaining balance

$596,935

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Joseph Peterson

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?

Status: Active

Tomo last checked: 10/22/2024 at 11:40 AM

Listing updated: 10/13/2024 at 8:21 PM

Listed by: Shawn Filer, Real Residential Phone #: (206) 342-0200

MLS: NorthwestMLS #2300415

NorthwestMLS logo

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