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$750,000

Beds
3
Baths
3.5
sq ft
2,956

16621 Deer Ridge Ln SE, Yelm, WA 98597

16621 Deer Ridge Ln SE

Yelm, WA 98597

  • 11 days on market
Welcome to your dream property! This stunning 3-bedroom, 3.5-bath home offers just under 3,000 square feet of spacious living, nestled on 5 fully-fenced, private acres with beautiful territorial and mountain views. Inside, you’ll find a perfect blend of comfort and elegance, with a bright, open-concept layout ideal for both family living and entertaining. For those seeking extra storage and parking space, this property boasts a detached shop that is over 2,000 square feet—perfect for projects, storage, or hobbies—as well as a 500+ square foot boathouse for water enthusiasts and additional parking. Enjoy the peace and serenity of rural living with the convenience of town just a short drive away! Don’t miss out on this rare find!

Details

Property type

Single Family Residence

Est. home value

$763,315

Lot size

5.04 acres

Price per sq ft

$254

Year built

1993

Annual property taxes

$6,053

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2282823

Listed
$750,000
+15.38%
08/27/2021
NorthwestMLS

NorthwestMLS #1764623

Sold
$650,000
+68.83%
09/15/2011
NorthwestMLS

NorthwestMLS #95891

Sold
$385,000

Schools & Community

Elementary school: 

Lackamas Elem

Middle school: 

Ridgeline Mid

High school: 

Yelm Extension Sch

Community features: 

Park, Playground

School district: 

Yelm

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

$259,978
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$430,022
Cash to seller
$259,978

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

Seller’s Loan History

Lender

Quontic Bank Fsb

Loan start date

August 2021

Original loan amount

$460,200

Est. remaining balance

$430,022

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Matt Sin Chan and Kai Hang Fong

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: 09/16/2024 at 12:05 PM

Listing updated: 09/06/2024 at 5:10 AM

Listed by: Gervon Simon, COMPASS Phone #: (253) 987-1778

MLS: NorthwestMLS #2282823

NorthwestMLS logo

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