tomo logo

$435,000

Beds
1
Baths
1.0
sq ft
511

1415 2nd Ave Unit 1408, Seattle, WA 98101

1415 2nd Ave Unit 1408

Seattle, WA 98101

  • Pending
Perfect location, just steps from Pikes Place Market, this one bedroom has everything you need to live comfortably in the heart of Seattle! Located in the Newmark Tower, the unit is on the south side of the building, offering a quiet city view. The building has 24-hour concierge; a lovely entertainment deck and BBQ patio, overlooking Elliot Bay and Pikes Place Market, with an adjacent party room; and a newly remodeled heated indoor pool, sauna and jacuzzi, plus a well-appointed gym with large windows. A guest apartment is available within the building to owners for a fee. Unit PRICED TO SELL. There is NO RENTAL CAP in the building and SHORT-TERM RENTALS ARE ALLOWABLE. The Newmark Tower is a desirable rental investment and an ideal home.

Details

Property type

Condominium

Est. home value

$422,248

Lot size

511 sq ft

Price per sq ft

$852

Year built

1991

Annual property taxes

$2,899

Monthly HOA fee

$539

Price History

05/11/2024
NorthwestMLS

NorthwestMLS #2234825

Pending
$435,000
05/08/2024
NorthwestMLS

NorthwestMLS #2234825

Listed
$435,000
06/29/2022
NorthwestMLS

NorthwestMLS #1938054

Sold
$435,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

School district: 

Seattle

Number of units in community: 

192

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

$61,365
Asking price
$435,000
Closing costs (~8% of asking)
-$34,800
Est. remaining loan balance
-$338,835
Cash to seller
$61,365

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

Seller’s Loan History

Lender

Ip Advisors Inc

Loan start date

June 2022

Original loan amount

$348,000

Est. remaining balance

$338,835

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Derek C Figg

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: Pending/Under Contract

Tomo last checked: 05/19/2024 at 10:15 PM

Listing updated: 05/14/2024 at 12:33 PM

Listed by: Teresa Dean, Keller Williams Rlty Bellevue Phone #: (425) 454-0911

MLS: NorthwestMLS #2234825

NorthwestMLS logo

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