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$700,000

Beds
4
Baths
1.75
sq ft
1,730

12627 SE 161st St, Renton, WA 98058

12627 SE 161st St

Renton, WA 98058

  • 3 days on market
    • Open house Jul 07
Welcome to this amazing corner lot home situated in the Fairwood neighborhood. This modern home boasts an open-style updated kitchen and living room, perfect for entertaining. Features 4 bedrooms, 1.75 bathrooms, and a flexible downstairs room that serves all your needs as an impressive primary suite or a family room. Enjoy gleaming hardwood floors throughout the upstairs and a gas range. Includes updated plumbing & windows, a new gas furnace, and a newer roof. The fully fenced backyard is ideal for hosting gatherings, growing a garden, or simply relaxing. This neighborhood is great for walking. Delight in the convenience of being close to schools and a short walk to Cascade Park & play area. Get ready for endless backyard hangouts and fun.

Details

Property type

Single Family Residence

Est. home value

$672,660

Lot size

7,935 sq ft

Price per sq ft

$405

Year built

1961

Annual property taxes

$5,937

Price History

07/04/2024
NorthwestMLS

NorthwestMLS #2260267

Listed
$700,000
+27.5%
07/10/2020
NorthwestMLS

NorthwestMLS #1605113

Sold
$549,000

Schools & Community

Neighborhood: 

Cascade

Elementary school: 

Tiffany Park Elem

Middle school: 

Nelsen Mid

High school: 

Lindbergh Snr High

School district: 

Renton

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

$150,367
Asking price
$700,000
Closing costs (~8% of asking)
-$56,000
Est. remaining loan balance
-$493,633
Cash to seller
$150,367

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

July 2020

Original loan amount

$539,056

Est. remaining balance

$493,633

Interest rate

3.24%

Loan type

FHA, 30 year

Seller

Adam Garcia

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: 07/07/2024 at 1:15 PM

Listing updated: 07/05/2024 at 10:13 AM

Listed by: Kimberly Morgan Storey, Coldwell Banker Danforth Phone #: (206) 248-2900

MLS: NorthwestMLS #2260267

NorthwestMLS logo

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