tomo logo

$925,000

Beds
5
Baths
1.75
sq ft
2,288

15330 40th Ave W Unit A, Lynnwood, WA 98087

15330 40th Ave W Unit A

Lynnwood, WA 98087

  • 129 days on market
    • Price drop $24,950↓
Welcome to this beautifully remodeled INCOME GENERATING duplex in Lynnwood! Property features 2 units, w/ their own separate entrance & plenty of updates! Perfect for an investor or single family living with an attached ADU. Unit A boasts a spacious living room w/ new flooring, newer paint, a modern kitchen w/ SS appliances, stone countertops, 3 beds & a renovated baths. You will find ample storage in the walk-in closets that are in each of the 3 bedrooms in unit A. Unit B offers a cozy living space w/ a stylish kitchen that features new cabinets, fixtures, and a comfortable 2 bedrooms. Both units have access to a shared backyard, perfect for outdoor entertaining. Fully rented out at $5700 per month for both units, A - $3500 unit B - $2200.

Details

Property type

Single Family Residence

Est. home value

$926,732

Lot size

7,405 sq ft

Price per sq ft

$405

Year built

1955

Annual property taxes

$3,905

Price History

08/29/2024
NorthwestMLS

NorthwestMLS #2244048

Price change
$925,000
-2.63%
05/29/2024
NorthwestMLS

NorthwestMLS #2244048

Listed
$949,950
+2.7%
08/28/2023
NorthwestMLS

NorthwestMLS #2155988

Sold
$925,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Edmonds

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

$73,750
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$777,250
Cash to seller
$73,750

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

Seller’s Loan History

Lender

Cornerstone Home Lending

Loan start date

August 2023

Original loan amount

$786,250

Est. remaining balance

$777,250

Interest rate

6.81%

Loan type

New Conventional, 30 year

Seller

Tyler D Ware and Christina N Zawaideh

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: 10/05/2024 at 3:15 PM

Listing updated: 10/01/2024 at 5:07 PM

Listed by: Tyler Ware, Ballpark Realty Phone #: (360) 863-7317

MLS: NorthwestMLS #2244048

NorthwestMLS logo

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