tomo logo

$1,299,000

Beds
5
Baths
2.5
sq ft
3,075

16608 56th Pl W, Lynnwood, WA 98037

16608 56th Pl W

Lynnwood, WA 98037

  • 9 days on market
From the moment you pull down the long, lit driveway off a cul-de-sac, its evident this home is special. Vaulted ceilings greet your entry into this bright, open home with custom cabinets, quartz counters, newer appliances and great room with cozy fireplace. The fully fenced backyard features a hot tub, covered deck with custom bar, ceiling fan, outdoor TV and Sound system all with plenty of garden space. The large primary bedroom has its own seating area by the fireplace, a 5 piece en suite bath and walk-in closet. With a newer roof, exterior paint, trellis work, and AC, this home is the complete package. All in a spectacular location near Meadowdale park, the Ferry, major highways, schools and shopping!

Details

Property type

Single Family Residence

Est. home value

$1,134,418

Lot size

0.27 acres

Price per sq ft

$423

Year built

1996

Annual property taxes

$7,185

Monthly HOA fee

$29.17

Price History

09/27/2024
NorthwestMLS

NorthwestMLS #2296067

Listed
$1,299,000
+99.85%
08/09/2016
NorthwestMLS

NorthwestMLS #969292

Sold
$649,999
+55.13%
11/25/2002
NorthwestMLS

NorthwestMLS #22243193

Sold
$419,000

Schools & Community

Elementary school: 

Meadowdale ElemMd

Middle school: 

Meadowdale Mid

High school: 

Meadowdale High

School district: 

Edmonds

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

$685,499
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$509,581
Cash to seller
$685,499

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

June 2021

Original loan amount

$548,250

Est. remaining balance

$509,581

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Simon P Castle and Sheryl L Castle

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: 10/05/2024 at 5:40 PM

Listing updated: 10/01/2024 at 10:04 AM

Listed by: Brianne Field, Real Broker LLC Phone #: (855) 450-0442

MLS: NorthwestMLS #2296067

NorthwestMLS logo

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