tomo logo

$285,000

Beds
2
Baths
1.75
sq ft
920

1316 Orleans St, Bellingham, WA 98229

1316 Orleans St

Bellingham, WA 98229

  • 54 days on market
    • Price drop $15,000↓
Affordable Condo, Amazing Location! Offering one of the most convenient locations in Bellingham, this well-kept condo offers easy walks to grocery stores, restaurants, bars, pools, parks, bus lines, trails and more. 920 Square Feet, 2-Bed, 1.75-bath, with private balcony. This condo is the perfect opportunity to build equity with an affordable home. All the while, paying less in mortgage that you would for most rentals! Extra storage closet outside, appliances included, and your pets welcome on private greens. Don’t let this opportunity pass you by.

Details

Property type

Condominium

Est. home value

$312,730

Lot size

Unknown

Price per sq ft

$310

Year built

1971

Annual property taxes

$1,778

Monthly HOA fee

$292

Price History

08/28/2024
NorthwestMLS

NorthwestMLS #2258155

Price change
$285,000
-5%
07/16/2024
NorthwestMLS

NorthwestMLS #2258155

Listed
$300,000
+75.44%
02/28/2020
NorthwestMLS

NorthwestMLS #1556532

Sold
$171,000
+59.07%

Schools & Community

Neighborhood: 

Puget

Elementary school: 

Carl Cozier Elem

Middle school: 

Buyer To Verify

High school: 

Sehome High

School district: 

Bellingham

Number of units in community: 

36

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

$48,366
Asking price
$285,000
Closing costs (~8% of asking)
-$22,800
Est. remaining loan balance
-$213,834
Cash to seller
$48,366

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

May 2021

Original loan amount

$229,500

Est. remaining balance

$213,834

Interest rate

3.18%

Loan type

New Conventional, 30 year

Seller

Samantha Cusack Childers

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: 09/07/2024 at 5:25 PM

Listing updated: 08/27/2024 at 8:14 PM

Listed by: David Rehm, Windermere Real Estate Whatcom Phone #: (360) 734-7500

MLS: NorthwestMLS #2258155

NorthwestMLS logo

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