tomo logo

$469,999

Beds
4
Baths
1.75
sq ft
2,592

1202 E Madrona Blvd NW, Lakebay, WA 98349

1202 E Madrona Blvd NW

Lakebay, WA 98349

  • 44 days on market
    • Price drop $10,000↓
Enjoy island living with this unique Herron Island property! Stunning view of the Olympic mountains and Case Inlet from the large, newly updated deck. On the main floor you will find a large kitchen, living room, two bedrooms and a full bath. There is a large loft above the living area for lots of extra storage. Downstairs there are two more bedrooms, a 3/4 bath, and utility room. There is also a detached two car garage with extra space to work. Enjoy all that Herron Island has to offer with boat ramp, parks, and community beach. With a little TLC this home will reach its full potential!

Details

Property type

Single Family Residence

Est. home value

$440,787

Lot size

0.3673 acres

Price per sq ft

$182

Year built

1969

Annual property taxes

$2,167.77

Monthly HOA fee

$189

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2272270

Price change
$469,999
-2.08%
08/23/2024
NorthwestMLS

NorthwestMLS #2272270

Price change
$479,999
-2.04%
08/09/2024
NorthwestMLS

NorthwestMLS #2272270

Price change
$489,999
-2%

Schools & Community

Elementary school: 

Evergreen Elem

Middle school: 

Key Peninsula Mid

High school: 

Peninsula High

School district: 

Peninsula

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

$271,053
Asking price
$469,999
Closing costs (~8% of asking)
-$37,600
Est. remaining loan balance
-$161,346
Cash to seller
$271,053

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

Seller’s Loan History

Lender

Key Bank Na

Loan start date

November 2016

Original loan amount

$194,050

Est. remaining balance

$161,346

Interest rate

3.47%

Loan type

VA, 30 year

Seller

Gary R Penson

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: 09/13/2024 at 7:45 AM

Listing updated: 09/11/2024 at 8:28 AM

Listed by: Greg Fredericksen, Integris Real Estate Phone #: (360) 528-1770

MLS: NorthwestMLS #2272270

NorthwestMLS logo

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