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$375,000

Beds
2
Baths
2.25
sq ft
1,072

115 Ocean Lake Way SW, Ocean Shores, WA 98569

115 Ocean Lake Way SW

Ocean Shores, WA 98569

  • 84 days on market
    • Price drop $10,000↓
The PERFECT beach getaway AWAITS YOU! This home is set on 2 large lots and located on a beach access road! Less than 1/2 mile to the oceans edge. This home includes a primary bedroom and bathroom as well as kitchen, living room, dining space and laundry. Detached ADU features the perfect guest space with a kitchen and bathroom. Property features outbuildings, RV pad with full hookups. Walk to the beach AND Ken Peterson Park. Park has basketball courts, picnic shelter, amazing play equipment AND an outdoor heated pool! Member of OS Community Club, dues are $175/ year includes 3 pools, 5 parks and clubhouse!

Details

Property type

Single Family Residence

Est. home value

$311,805

Lot size

0.3535 acres

Price per sq ft

$350

Year built

1969

Annual property taxes

$1,716

Monthly HOA fee

$14.58

Price History

08/13/2024
NorthwestMLS

NorthwestMLS #2256230

Price change
$375,000
-2.6%
07/17/2024
NorthwestMLS

NorthwestMLS #2256230

Price change
$385,000
-3.74%
06/24/2024
NorthwestMLS

NorthwestMLS #2256230

Listed
$399,950
+45.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Clubhouse, Golf, Park, Playground

School district: 

North Beach

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

$142,614
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$202,386
Cash to seller
$142,614

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

Seller’s Loan History

Lender

Bank Of The Pacific

Loan start date

February 2021

Original loan amount

$220,000

Est. remaining balance

$202,386

Interest rate

2.65%

Loan type

New Conventional, 30 year

Seller

Kenneth W Palmer and Juanita C Palmer

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 12:40 PM

Listing updated: 09/06/2024 at 3:28 PM

Listed by: Kim D. Emmons, John L. Scott, Inc. Phone #: (253) 859-8500

MLS: NorthwestMLS #2256230

NorthwestMLS logo

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