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$1,800,000

Beds
6
Baths
3.5
sq ft
3,380

1228 8th Ave S, Edmonds, WA 98020

1228 8th Ave S

Edmonds, WA 98020

  • 36 days on market
    • Price drop $50,000↓
Imagine living mins from the beach & being close to Downtown Edmonds! This gorgeous 6 bed and 3.5ba corner lot hm offers extra spacious layout w/multilevel lvg spaces. Newly refinished & stained hrdwds flow thgh main. Elegant Ktchn w/modern finishes. Living Rm w/gas frplc w/soaring ceilings & LRG windows to allow natural lght. Enjoy fenced bkyrd w/new + multi decks & paved patio. Primary Ste w/balcony to enjoy views on uppr lvl w/2 add'l beds & updated bath. Downstairs offers large Rec Rm+wet bar, 3 bds, wine cellar & access to patio. Newly painted extrior. Upgraded landscaping. Beautifully paved driveway. Edmonds SD. Walk to Edmonds waterfront, parks, grab coffee at your fvrt coffee shop or have dinner in the best restaurants in the area!

Details

Property type

Single Family Residence

Est. home value

$1,665,466

Lot size

6,970 sq ft

Price per sq ft

$533

Year built

1995

Annual property taxes

$10,376

Price History

09/17/2024
NorthwestMLS

NorthwestMLS #2276716

Price change
$1,800,000
-2.7%
08/14/2024
NorthwestMLS

NorthwestMLS #2276716

Listed
$1,850,000
+29.82%
05/24/2021
NorthwestMLS

NorthwestMLS #1760496

Sold
$1,425,000
+81.53%

Schools & Community

Elementary school: 

Sherwood ElemSw

Middle school: 

College Pl Mid

High school: 

Edmonds Woodway High

School district: 

Edmonds

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

$595,922
Asking price
$1,800,000
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$1,060,078
Cash to seller
$595,922

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

May 2021

Original loan amount

$1,140,000

Est. remaining balance

$1,060,078

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Steven Martin Samp and Melissa Oconnell Samp

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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Price drop
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22029 98th Pl W, Edmonds, WA 98020

Listing provided by NWMLS

Status: Active

Tomo last checked: 09/19/2024 at 2:50 AM

Listing updated: 09/17/2024 at 10:50 AM

Listed by: Alina Araujo, Windermere R.E. Northeast, Inc Phone #: (425) 820-5151

MLS: NorthwestMLS #2276716

NorthwestMLS logo

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