tomo logo

$685,000

Beds
4
Baths
2.25
sq ft
2,866

1611 E 62nd St, Tacoma, WA 98404

1611 E 62nd St

Tacoma, WA 98404

  • 228 days on market
    • Price drop $24,950↓
Great Home to make your own or split the lots and develop! Option 1 - This home can be subdivided into 3 separate lots with a 4 plex as the maximum build per lot. Option 2 - The current home can be separated into 2 homes with city approvals (as before). Option 3 - Leave as is and enjoy the 2800+ sqft house adding more rooms if wanted. Great for Investors, Adult family home (AFH) or single family home. .

Details

Property type

Single Family Residence

Est. home value

$491,294

Lot size

0.4132 acres

Price per sq ft

$240

Year built

1937

Annual property taxes

$4,772

Price History

05/19/2024
NorthwestMLS

NorthwestMLS #2181050

Price change
$685,000
-3.51%
03/02/2024
NorthwestMLS

NorthwestMLS #2181050

Listed
$709,950
03/01/2024
NorthwestMLS

NorthwestMLS #2181050

Removed
$709,950

Schools & Community

Neighborhood: 

Eastside-ENACT

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Tacoma

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

$559,548
Asking price
$685,000
Closing costs (~8% of asking)
-$54,800
Est. remaining loan balance
-$70,652
Cash to seller
$559,548

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

Seller’s Loan History

Lender

Apreva Inc

Loan start date

January 2002

Original loan amount

$149,840

Est. remaining balance

$70,652

Interest rate

7.09%

Loan type

VA, 30 year

Seller

Joe N Mcmurrian

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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Off market
$699,995
4 bd
|
2.5 ba
|
2,388 sq ft
|
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3602 E T St, Tacoma, WA 98404

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Price drop
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2025 E Fairbanks St, Tacoma, WA 98404

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$720,000
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Listing provided by NWMLS

Status: Active

Tomo last checked: 07/04/2024 at 9:05 PM

Listing updated: 06/20/2024 at 5:03 PM

Listed by: Marcus Ford, Lookup Realty Phone #: (253) 397-4577

MLS: NorthwestMLS #2181050

NorthwestMLS logo

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