tomo logo

$429,000

Beds
1
Baths
1.0
sq ft
794

1221 Minor Ave Unit 4, Seattle, WA 98101

1221 Minor Ave Unit 4

Seattle, WA 98101

  • 45 days on market
Discover the best condo in the building, and possibly in all of First Hill. Located in vibrant First Hill, steps from Capitol Hill's attractions, this spacious unit blends convenience, entertainment, and relaxation. Unique features include Direct street access from unit, extra tall ceilings for versatile spaces and large windows for abundant natural light. The remodeled kitchen boasts newer stainless steel appliances, quartz countertops, and ample storage. The well-managed HOA offers secured gated entry, an outdoor pool, and secured parking. Property comes with secured, gated and assigned parking space. Don’t miss this remarkable opportunity!

Details

Property type

Condominium

Est. home value

$392,595

Lot size

Unknown

Price per sq ft

$541

Year built

1960

Annual property taxes

$3,542

Monthly HOA fee

$694

Price History

07/25/2024
NorthwestMLS

NorthwestMLS #2270308

Listed
$429,000
+8.61%
06/07/2019
NorthwestMLS

NorthwestMLS #1455077

Sold
$395,000
+146.95%
07/22/2011
NorthwestMLS

NorthwestMLS #169481

Sold
$159,950

Schools & Community

Neighborhood: 

First Hill

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Pool, Gated

School district: 

Seattle

Number of units in community: 

115

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

$293,511
Asking price
$429,000
Closing costs (~8% of asking)
-$34,320
Est. remaining loan balance
-$101,169
Cash to seller
$293,511

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

Seller’s Loan History

Lender

Cobalt Mortgage Inc

Loan start date

July 2011

Original loan amount

$140,074

Est. remaining balance

$101,169

Interest rate

4.6%

Loan type

New Conventional, 30 year

Seller

Pachomius Schmidt

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: 09/07/2024 at 6:35 PM

Listing updated: 08/02/2024 at 9:14 AM

Listed by: Roopa Kannasani, Roopa Group Phone #: (425) 292-1600

MLS: NorthwestMLS #2270308

NorthwestMLS logo

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