tomo logo

$585,000

Beds
2
Baths
2.0
sq ft
1,103

1555 Cherrylane Ave S, Seattle, WA 98144

1555 Cherrylane Ave S

Seattle, WA 98144

  • 1 day on market
Discover this captivating end-unit townhome featuring a luminous living and dining area with 9-ft ceilings and a cozy gas fireplace. The main floor boasts elegant hardwood floors and a gorgeous, updated kitchen. Upstairs, the Master ensuite offers vaulted ceilings an updated bath, and ample closets, along with a second bedroom and updated bathroom. A new roof was installed in June 2024. Nestled in a secluded yet central location with sunny southern exposure. Convenient access to I-90, I-5, and downtown, with proximity to the light rail.

Details

Property type

Townhouse

Est. home value

$600,595

Lot size

3.5473 acres

Price per sq ft

$531

Year built

1997

Annual property taxes

$4,988

Monthly HOA fee

$783

Price History

09/19/2024
NorthwestMLS

NorthwestMLS #2292367

Listed
$585,000
+20.99%
03/14/2019
NorthwestMLS

NorthwestMLS #1387343

Sold
$483,500
+57.66%
07/16/2009
NorthwestMLS

NorthwestMLS #29077908

Sold
$306,675

Schools & Community

Neighborhood: 

North Beacon Hill

Elementary school: 

Beacon Hill

Middle school: 

Wash Mid

High school: 

Franklin High

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

$228,107
Asking price
$585,000
Closing costs (~8% of asking)
-$46,800
Est. remaining loan balance
-$310,093
Cash to seller
$228,107

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

October 2021

Original loan amount

$371,207

Est. remaining balance

$310,093

Interest rate

2.19%

Loan type

New Conventional, 15 year

Seller

Christine Bekoe and Derek Bekoe

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: Active

Tomo last checked: 09/19/2024 at 9:30 PM

Listing updated: 09/19/2024 at 12:49 PM

Listed by: Felicia Roach, Seattle Works Real Estate Phone #: (206) 203-9943

MLS: NorthwestMLS #2292367

NorthwestMLS logo

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