tomo logo

$475,000

Beds
2
Baths
2.0
sq ft
925

1221 Minor Ave Unit 110, Seattle, WA 98101

1221 Minor Ave Unit 110

Seattle, WA 98101

  • 23 days on market
    • Price drop $74,950↓
Sutton Place, the iconic Midcentury Modern condominium tower on Seattle’s coveted First Hill. Built in 1960, with architecture decades ahead of its time, featuring glass curtain-wall construction only widely adopted in the city 50 years hence. Unit 110 is one of the prettiest in the building: first floor, end unit, with walls of windows looking out across a hypnotic sun-dappled treescape with the Downtown skyline rising in the distance. Spacious 2BR/2BA design, with hypoallergenic hard-surface flooring throughout. Secure garage parking and oversized storage space. With WalkScore 98 & TransitScore 100, the best of the city's world-class amenities are at your doorstep: Restaurants. Retail. Museums. Theater. Parks. True MCM urban chic...!

Details

Property type

Condominium

Est. home value

$588,525

Lot size

Unknown

Price per sq ft

$514

Year built

1960

Annual property taxes

$3,512

Monthly HOA fee

$825

Price History

06/30/2024
NorthwestMLS

NorthwestMLS #2249532

Price change
$475,000
-13.63%
06/09/2024
NorthwestMLS

NorthwestMLS #2157779

Removed
$549,950
06/09/2024
NorthwestMLS

NorthwestMLS #2249532

Listed
$549,950

Schools & Community

Neighborhood: 

First Hill

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

Number of units in community: 

70

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

$209,124
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$227,876
Cash to seller
$209,124

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

Seller’s Loan History

Lender

Us Bank Na

Loan start date

February 2016

Original loan amount

$275,000

Est. remaining balance

$227,876

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Joung Kil Rhee and Yeon H Rhee

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: 07/02/2024 at 3:55 PM

Listing updated: 06/30/2024 at 9:33 AM

Listed by: Chip Tilley, Windermere Real Estate/East Phone #: (425) 822-5100

MLS: NorthwestMLS #2249532

NorthwestMLS logo

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