tomo logo

$425,000

Beds
1
Baths
1.0
sq ft
668

1614 Commercial St Unit 5, Steilacoom, WA 98388

1614 Commercial St Unit 5

Steilacoom, WA 98388

  • 104 days on market
A million dollar view at a fraction of the price. Incredible view condo in the heart of Historic Steilacoom. Unobstructed views of the Puget Sound, Olympic Mountains, Islands and Narrows Bridge to your North. The historic charming town delivers the essential lifestyle with quaint 4th of July Festival; fireworks; nearby parks including Pioneer Park and even Sunnyside Beach close by. Steilacoom Ferry terminal is right there with service to Ketron and Anderson Island. Location gets even better with close proximity to Chambers Bay, University Place, Dupont and JBLM. Rare chance to get in the market with an incredible view condo with wonderful deck to take everything in. This is where location and view come together to give you value.

Details

Property type

Condominium

Est. home value

$381,303

Lot size

2,027 sq ft

Price per sq ft

$637

Year built

1972

Annual property taxes

$3,310

Monthly HOA fee

$273

Price History

06/06/2024
NorthwestMLS

NorthwestMLS #2248611

Listed
$425,000
+6.25%
02/14/2024
NorthwestMLS

NorthwestMLS #2191263

Sold
$400,000
+0.25%
01/21/2024
NorthwestMLS

NorthwestMLS #2191263

Pending
$399,000

Schools & Community

Elementary school: 

Cherrydale Elem

Middle school: 

Pioneer Mid

High school: 

Steilacoom High

School district: 

Steilacoom Historica

Number of units in community: 

8

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

$156,368
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$234,632
Cash to seller
$156,368

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

July 2018

Original loan amount

$263,700

Est. remaining balance

$234,632

Interest rate

4.61%

Loan type

New Conventional, 30 year

Seller

Marc Goplen

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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Listing provided by NWMLS

Status: Active

Tomo last checked: 09/17/2024 at 7:25 PM

Listing updated: 07/25/2024 at 10:44 AM

Listed by: Michael Morrison, Morrison House Sotheby's Intl Phone #: (253) 581-5100

MLS: NorthwestMLS #2248611

NorthwestMLS logo

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