tomo logo

$570,000

Beds
2
Baths
2.25
sq ft
1,088

1561 Cherrylane Ave S, Seattle, WA 98144

1561 Cherrylane Ave S

Seattle, WA 98144

  • 10 days on market
Discover this charming 2-story home, located near the end of Cherrylane Townhomes Community & next to a greenbelt. This updated townhome blends style & privacy. The main floor features eco-friendly cork floors, granite counters w/ contemporary shelving, & stylish Sputnik lighting in the dining area. Enjoy SS appliances, a convenient powder room & a uniquely designed fireplace by a local artisan in the cozy living room. Both bedrooms are upstairs & both bathrooms are remodeled w/ subway tile, ceramic tile floors, & quartz counters. The primary bedroom has vaulted ceilings, mountain peek-a-boo views, & ample natural light. Dedicated parking conveniently located next to the unit. No rental cap & ideal location close to 2 light-rail stations!

Details

Property type

Condominium

Est. home value

$647,379

Lot size

Unknown

Price per sq ft

$524

Year built

1997

Annual property taxes

$5,214

Monthly HOA fee

$580

Price History

09/06/2024
NorthwestMLS

NorthwestMLS #2287095

Listed
$570,000
+6.05%
06/19/2020
NorthwestMLS

NorthwestMLS #1598435

Sold
$537,500
+10.82%
05/16/2017
NorthwestMLS

NorthwestMLS #1103243

Sold
$485,000
+53.48%

Schools & Community

Neighborhood: 

North Beacon Hill

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Clubhouse

School district: 

Seattle

Number of units in community: 

68

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

$101,758
Asking price
$570,000
Closing costs (~8% of asking)
-$45,600
Est. remaining loan balance
-$422,642
Cash to seller
$101,758

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

Seller’s Loan History

Lender

Boeing Employees Cu

Loan start date

June 2020

Original loan amount

$463,500

Est. remaining balance

$422,642

Interest rate

3.23%

Loan type

New Conventional, 30 year

Seller

Alison Jayne Kolberg and Lucas Franco Colusso

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: 09/16/2024 at 1:00 PM

Listing updated: 09/12/2024 at 3:18 PM

Listed by: Lisa Marie Radovich, Redfin Phone #: (206) 258-6097

MLS: NorthwestMLS #2287095

NorthwestMLS logo

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