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$400,000

Beds
2
Baths
2.0
sq ft
850

1138 N 198th St Unit D202, Shoreline, WA 98133

1138 N 198th St Unit D202

Shoreline, WA 98133

  • 52 days on market
    • Price drop $8,000↓
Incredible value in this beautifully updated, spacious Echo Lake unit. Fresh paint, new LVP flooring throughout, new quartz kitchen counters, new quartz bathroom vanities - nothing left to do but move in! Spacious living area opens to covered deck (with storage unit) overlooking quiet greenbelt. Wood burning fireplace, in-unit Washer/Dryer, & new fridge/dishwasher/range! Covered parking spot with unit. Private dock for resident lake use only! Commuters dream close to transit center, I-5, Interurban Trail, and new Light Rail stations opening in weeks! Shops, restaurants, Costco, whatever you need close by. Strong HOA! Pets welcome. No rental cap. Kayak storage. HOA documents attached to listing.

Details

Property type

Condominium

Est. home value

$377,979

Lot size

Unknown

Price per sq ft

$471

Year built

1986

Annual property taxes

$3,206

Monthly HOA fee

$368

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2260019

Price change
$400,000
-1.96%
08/06/2024
NorthwestMLS

NorthwestMLS #2260019

Price change
$408,000
-2.86%
07/22/2024
NorthwestMLS

NorthwestMLS #2260019

Listed
$420,000
+50%

Schools & Community

Neighborhood: 

Echo Lake

Elementary school: 

Echo Lake Elem

Middle school: 

Albert Einstein Mid

High school: 

Shorewood High

School district: 

Shoreline

Number of units in community: 

102

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

$123,038
Asking price
$400,000
Closing costs (~8% of asking)
-$32,000
Est. remaining loan balance
-$244,962
Cash to seller
$123,038

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

December 2018

Original loan amount

$271,600

Est. remaining balance

$244,962

Interest rate

4.85%

Loan type

New Conventional, 30 year

Seller

Gustavo Hoyos Jimenez

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: 09/12/2024 at 8:30 AM

Listing updated: 09/10/2024 at 2:48 PM

Listed by: Vince M Grant, RE/MAX Elite Phone #: (425) 245-7179

MLS: NorthwestMLS #2260019

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