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$1,175,000

Beds
3
Baths
1.5
sq ft
1,440

1531 Madrona Dr, Seattle, WA 98122

1531 Madrona Dr

Seattle, WA 98122

  • 9 days on market
Welcome to this iconic Madrona Craftsman, perched above the street with sweeping views of Lake Washington and the Cascade Mountains. This lovingly maintained home preserves charming original details while offering modern luxuries and comforts. The sun-soaked main level features a cozy living room with a gas fireplace, dining room, kitchen, half-bath and French doors opening to a huge covered view deck. Upstairs, discover three bedrooms—two with stunning water views and a shared balcony—a full bath, and quaint finished attic flex-space. Freshly painted inside and out with refinished wood floors, this classic home is move-in ready and awaiting your personal vision. Located just a short stroll to Lake Washington and Madrona's shops and cafes.

Details

Property type

Single Family Residence

Est. home value

$1,071,038

Lot size

3,068 sq ft

Price per sq ft

$816

Year built

1908

Annual property taxes

$7,949

Price History

09/10/2024
NorthwestMLS

NorthwestMLS #2288657

Listed
$1,175,000
+155.99%
02/28/2003
NorthwestMLS

NorthwestMLS #23011409

Sold
$459,000

Schools & Community

Neighborhood: 

Madrona

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

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

$906,029
Asking price
$1,175,000
Closing costs (~8% of asking)
-$94,000
Est. remaining loan balance
-$174,971
Cash to seller
$906,029

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

Seller’s Loan History

Lender

Westwood Mtg

Loan start date

February 2003

Original loan amount

$367,200

Est. remaining balance

$174,971

Interest rate

5.95%

Loan type

Not Provided, 30 year

Seller

William A Pagaran and Jana M Pagaran

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: 09/19/2024 at 9:00 AM

Listing updated: 09/18/2024 at 8:08 AM

Listed by: David Faigin, COMPASS Phone #: (206) 330-0314

MLS: NorthwestMLS #2288657

NorthwestMLS logo

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