tomo logo

$700,000

Beds
3
Baths
2.5
sq ft
2,088

1133 161st St SW Unit B, Lynnwood, WA 98087

1133 161st St SW Unit B

Lynnwood, WA 98087

  • 69 days on market
    • Price drop $49,900↓
Incredible LAKE VIEWS! This top floor Lynnwood condo and it’s DADU have been fully remodeled with beautiful finishes. Brand new interior paint, flooring, updated bathrooms and kitchen. Move in ready! Kitchen boasts stainless steel appliances, island w/ bar seating, and pantry. You’ll love the open spacious open concept living, dining, and kitchen with stunning views. Luxurious primary suite! Wake up to lake views, enjoy the walk in closet, and 5-piece bath. DADU w/ 1 car garage offers the opportunity for rental income or multigenerational living. Conveniently located minutes from shopping, restaurants, and freeway access. You’re not going to want to miss this one!

Details

Property type

Condominium

Est. home value

$801,690

Lot size

0.2478 acres

Price per sq ft

$336

Year built

2004

Annual property taxes

$5,787

Monthly HOA fee

$100

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2263450

Price change
$700,000
-6.65%
08/07/2024
NorthwestMLS

NorthwestMLS #2263450

Price change
$749,900
-6.25%
07/10/2024
NorthwestMLS

NorthwestMLS #2263450

Listed
$799,900
+137.36%

Schools & Community

Neighborhood: 

Martha Lake

Elementary school: 

Oak Heights ElemOh

Middle school: 

Alderwood Mid

High school: 

Unknown

School district: 

Edmonds

Number of units in community: 

2

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

$422,388
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$221,612
Cash to seller
$422,388

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

October 2015

Original loan amount

$272,000

Est. remaining balance

$221,612

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Brian Kim

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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Listing provided by NWMLS

Status: Active

Tomo last checked: 09/17/2024 at 3:35 PM

Listing updated: 09/13/2024 at 1:18 PM

Listed by: Jun Y. Chang, Designed Realty Phone #: (206) 351-2174

MLS: NorthwestMLS #2263450

NorthwestMLS logo

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