tomo logo

$2,550,414

Beds
2
Baths
1.75
sq ft
1,778

1620 43rd Ave E Unit 5B, Seattle, WA 98112

1620 43rd Ave E Unit 5B

Seattle, WA 98112

  • 92 days on market
Stunning, remodeled waterfront condo in Washington Park Tower. Not a stone left unturned, this studs out remodel doesn’t miss a beat. Front row westerly views from Mt Baker to Mt Rainier and beyond, the action on the lake is never ending. With wood floors throughout, the great room flows from the living room with wet bar, to the dining, family room, and open kitchen also taking in the panoramic views. Some of the other features include built in oak cabinets throughout, fireplace, custom steel shelving, 2 garage parking spaces with EV charging, storage, 24 hour concierge, roof deck, pool, dock, among others. In the hub of Madison Park, walking distance to all the local amenities and an easy commute to downtown and the Eastside.

Details

Property type

Condominium

Est. home value

$2,337,354

Lot size

Unknown

Price per sq ft

$1,435

Year built

1969

Annual property taxes

$12,235

Monthly HOA fee

$2,069

Price History

06/25/2024
NorthwestMLS

NorthwestMLS #2218497

Price change
$2,550,414
+2.02%
06/05/2024
NorthwestMLS

NorthwestMLS #2218497

Removed
$2,500,000
04/04/2024
NorthwestMLS

NorthwestMLS #2218497

Listed
$2,500,000
+61.29%

Schools & Community

Neighborhood: 

Madison Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

School district: 

Seattle

Number of units in community: 

54

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

$1,623,589
Asking price
$2,550,414
Closing costs (~8% of asking)
-$204,033
Est. remaining loan balance
-$722,792
Cash to seller
$1,623,589

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

Seller’s Loan History

Lender

Sound Community Bank

Loan start date

May 2021

Original loan amount

$775,000

Est. remaining balance

$722,792

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Evan Wyman

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: 07/04/2024 at 8:35 PM

Listing updated: 06/27/2024 at 8:13 AM

Listed by: Jack Schwaegler, COMPASS Phone #: (206) 448-8888

MLS: NorthwestMLS #2218497

NorthwestMLS logo

Recently listed in Seattle

$560,000|3 bd|1.75 ba|House
$829,950|4 bd|2.75 ba|House
$700,000|4 bd|2.0 ba|House
$850,000|3 bd|2.25 ba|House
$839,000|2 bd|1.5 ba|House
$700,000|3 bd|2.0 ba|House
$625,000|2 bd|1.75 ba|Condo