tomo logo

$410,228Estimated home value

Beds
3
Baths
1.5
sq ft
1,862

1500 Lake Park Dr SW Unit 63, Tumwater, WA 98512

1500 Lake Park Dr SW Unit 63

Tumwater, WA 98512

  • Off market
    • Price drop $8,938↓
ATTENTION INVESTORS: GREAT LOCATION & GOOD RENTAL INCOME for this fully furnished Corporate Housing at $ 2500 /Month or you can do AIRBNB. Delightful blend of comfort & style awaits in this renovated condo. 3 bedrooms,1.5 bath & 1,862 sf of living space. This 2 level home is a perfect oasis for both relaxation & entertainment. Waterproof vinyl flooring & new carpets . The kitchen & bathroom shine w/ new quartz countertops, while the wood-burning fireplace adds a cozy touch to the bright and airy living space. Vaulted ceilings and large windows ensure a light-filled environment, offering serene views from your private deck where you can do BBQ. Seller helps upto $8,000 for 2-1 RATE. 1st YR at 5%, 2nd YR 6%, 3rd yr to 30th yr at 7%.

Details

Property type

Condominium

Est. home value

$410,228

Lot size

Unknown

Price per sq ft

$210

Year built

1980

Annual property taxes

$1,611

Monthly HOA fee

$481

Price History

08/06/2024
NorthwestMLS

NorthwestMLS #2257202

Removed
$389,950
07/15/2024
NorthwestMLS

NorthwestMLS #2257202

Price change
$389,950
-2.24%
06/27/2024
NorthwestMLS

NorthwestMLS #2257202

Listed
$398,888
-0.03%

Schools & Community

Elementary school: 

Michael T Simmons El

Middle school: 

Tumwater Mid

High school: 

A G West Black Hills

School district: 

Tumwater

Number of units in community: 

66

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

$39,060
Asking price
$389,950
Closing costs (~8% of asking)
-$31,196
Est. remaining loan balance
-$319,694
Cash to seller
$39,060

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

Seller’s Loan History

Lender

T2 Financial Llc

Loan start date

August 2023

Original loan amount

$323,000

Est. remaining balance

$319,694

Interest rate

6.96%

Loan type

New Conventional, 30 year

Seller

Perry Montgomery

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: Off Market

Tomo last checked: 09/07/2024 at 5:10 PM

Listing updated: 08/05/2024 at 12:24 AM

Listed by: Lee Tayebi, RE/MAX Eastside Brokers, Inc. Phone #: (425) 453-7000

MLS: NorthwestMLS #2257202

NorthwestMLS logo

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