tomo logo

$675,000

Beds
2
Baths
0.75
sq ft
984

168 Terrace Way, Packwood, WA 98361

168 Terrace Way

Packwood, WA 98361

  • 80 days on market
Discover your Mountain Modern Retreat in the heart of Packwood with this charming 2-bed, 1-bath, plus bunk house. Offered fully furnished with interiors that blend cozy charm with modern convenience. A top-of-the-line Scandinavian inspired renovation showcases exterior fresh paint, Bertazzoni induction stove, hot tub, Miele dishwasher, 100% natural marmoleum flooring, Morso Danish Woodstove, Heat & A/C mini splits in each room. Just minutes from White Pass skiing, Mt Rainier National Park, Restaurants, & Breweries. Whether you're cozying up by the fire, or enjoying the nearby outdoor adventures, this property promises both a peaceful sanctuary wrapped in luxury touches, and a lucrative investment opportunity as a successful Airbnb.

Details

Property type

Single Family Residence

Est. home value

$512,797

Lot size

7,405 sq ft

Price per sq ft

$686

Year built

1970

Annual property taxes

$2,793

Monthly HOA fee

$50

Price History

06/20/2024
NorthwestMLS

NorthwestMLS #2254700

Listed
$675,000
+35%
07/31/2023
NorthwestMLS

NorthwestMLS #2130649

Sold
$500,000

Schools & Community

Elementary school: 

White Pass

Middle school: 

Whitepass Jr-Sr High

High school: 

Whitepass Jr-Sr High

School district: 

White Pass

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

$225,667
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$395,333
Cash to seller
$225,667

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

Seller’s Loan History

Lender

Optimum First Inc

Loan start date

July 2023

Original loan amount

$400,000

Est. remaining balance

$395,333

Interest rate

6.71%

Loan type

New Conventional, 30 year

Seller

Jeewan S Ghuman and Simranjeet K Ghuman

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: 09/07/2024 at 6:25 PM

Listing updated: 06/21/2024 at 5:06 AM

Listed by: Monica Church, Real Broker LLC Phone #: (855) 450-0442

MLS: NorthwestMLS #2254700

NorthwestMLS logo

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