tomo logo

$2,624,950

Beds
4
Baths
3.0
sq ft
3,745

1615 29th Ave, Seattle, WA 98122

1615 29th Ave

Seattle, WA 98122

  • 25 days on market
    • Price drop $124,550↓
Experience unparalleled quality and exceptional design in this gorgeous new construction home located in the Madrona neighborhood of Seattle, presented by premier local builder, Crafted Design Build. Featuring top of the line products from slab marble surfaces, imported tile, designer cabinets, high end finishes and custom handmade features. Designed to showcase open living spaces, oversized windows, mini-splits for year round comfort, tall ceilings, chef's kitchen with butler's pantry, integrated indoor/outdoor spaces and generational living with lower level ADU. Nearly 600SF of covered decks, ample storage, eco-friendly materials, EV-ready two car garage (parking for up to six cars) and fully landscaped and fenced outdoor space.

Details

Property type

Single Family Residence

Est. home value

$807,522

Property condition

New Construction

Lot size

4,800 sq ft

Price per sq ft

$701

Year built

2024

Annual property taxes

$6,899

HOA

No

Price History

10/17/2024
NorthwestMLS

NorthwestMLS #2294369

Price change
$2,624,950
-4.53%
09/27/2024
NorthwestMLS

NorthwestMLS #2294369

Listed
$2,749,500
+441.24%
09/07/2016
NorthwestMLS

NorthwestMLS #1008444

Sold
$508,000

Schools & Community

Neighborhood: 

Madrona

Elementary school: 

Madrona Elementary

Middle school: 

Wash Mid

High school: 

Garfield High

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

$1,931,519
Asking price
$2,624,950
Closing costs (~8% of asking)
-$209,996
Est. remaining loan balance
-$483,435
Cash to seller
$1,931,519

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

December 2018

Original loan amount

$535,200

Est. remaining balance

$483,435

Interest rate

4.94%

Loan type

New Conventional, 30 year

Seller

Thomas H Lewis and Joy F Lewis

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?

Similar Homes Nearby

Price drop
$2,624,950
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House

1619 29th Ave, Seattle, WA 98122

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$2,360,000
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House

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Pending
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|
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Status: Active

Tomo last checked: 10/22/2024 at 11:40 AM

Listing updated: 10/22/2024 at 9:45 AM

Listed by: Henry H. Shim, Industry RE Phone #: (206) 203-3636

MLS: NorthwestMLS #2294369

NorthwestMLS logo

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