tomo logo

$553,375Estimated home value

Beds
1
Baths
1.0
sq ft
694

1507 Western Ave Unit R503, Seattle, WA 98101

1507 Western Ave Unit R503

Seattle, WA 98101

  • Off market
    • Price drop $21,000↓
HUGE PRICE IMPROVEMENT! Perfect location to enjoy the best of the Seattle lifestyle! Located across the street from Pike Place Market, the brand new waterfront park & Seattle Aquarium, this unit is surrounded by great restaurants, shopping & entertainment. Fantastic loft-style one-bedroom in the historic Fix Madore building w/ exposed brick, stunning wood ceilings, old-growth beams, & wall-to-wall windows. Modern kitchen boasts Bosch appliances, induction cooktop, double oven, & beautiful ceiling height penny round backsplash. Updated bath, spacious & airy bedroom, extra-large closet, & in-unit washer/dryer. French doors lead to a 400 square foot patio with rare private outdoor living in the city. Storage, pet-friendly, & no rental cap!

Details

Property type

Condominium

Est. home value

$553,375

Lot size

Unknown

Price per sq ft

$720

Year built

1910

Annual property taxes

$4,007

Monthly HOA fee

$922

Price History

05/22/2024
NorthwestMLS

NorthwestMLS #2214146

Removed
$499,000
05/03/2024
NorthwestMLS

NorthwestMLS #2214146

Price change
$499,000
-4.04%
04/14/2024
NorthwestMLS

NorthwestMLS #2214146

Price change
$520,000
-7.96%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Seattle

Number of units in community: 

32

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

$55,066
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$404,014
Cash to seller
$55,066

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

April 2021

Original loan amount

$435,000

Est. remaining balance

$404,014

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Deborah Bacos and Anthony Bacos

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: 06/02/2024 at 12:25 PM

Listing updated: 05/20/2024 at 1:50 PM

Listed by: Deborah Bacos, HomeSmart Real Estate Assoc Phone #: (206) 523-7653

MLS: NorthwestMLS #2214146

NorthwestMLS logo

Recently listed in Seattle

$695,000|4 bd|2.0 ba|House
$809,499|3 bd|1.75 ba|Townhouse
$39,950,000|3 bd|3.25 ba|House
$879,950|3 bd|3.25 ba|Condo
$749,000|3 bd|1.75 ba|Townhouse
$1,120,000|3 bd|1.75 ba|House
$779,950|3 bd|1.75 ba|Townhouse
$1,020,900|5 bd|2.5 ba|House

Explore top cities in Washington