tomo logo

$599,000

Beds
2
Baths
2.0
sq ft
980

1711 E Olive Way Unit 406, Seattle, WA 98102

1711 E Olive Way Unit 406

Seattle, WA 98102

  • 43 days on market
This 980sf condo is the largest 2 bedroom / 2 bathroom floor plan at Plaza del Sol! Located on Capitol Hill's west slope, this vibrant neighborhood offers endless options for shopping, dining, and entertainment. Hop aboard the Link Light Rail only 1.5 blocks away and venture across the city with ease. This spacious NE corner unit captures a gorgeous corridor view of downtown Seattle, The Space Needle, and the Olympic Mountains. Two side-by-side parking spaces in prime garage location for convenient in-city parking. Beautifully appointed with cherry hardwood floors, gas fireplace, new carpet, fresh interior paint, and in-unit washer/dryer. Walk Score = 98. Special assessment for HOA reserve replenishment has been paid in full. No rental cap.

Details

Property type

Condominium

Est. home value

$641,525

Lot size

Unknown

Price per sq ft

$612

Year built

1993

Annual property taxes

$5,955.02

Monthly HOA fee

$1,015

Price History

08/09/2024
NorthwestMLS

NorthwestMLS #2271586

Listed
$599,000
+38.67%
12/05/2006
NorthwestMLS

NorthwestMLS #26120711

Sold
$431,950

Schools & Community

Neighborhood: 

Capitol Hill

Elementary school: 

Lowell

Middle school: 

Meany Mid

High school: 

Garfield High

Community features: 

Gated

School district: 

Seattle

Number of units in community: 

84

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

$315,548
Asking price
$599,000
Closing costs (~8% of asking)
-$47,920
Est. remaining loan balance
-$235,532
Cash to seller
$315,548

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

Seller’s Loan History

Lender

Homeward Residential Inc

Loan start date

November 2013

Original loan amount

$302,000

Est. remaining balance

$235,532

Interest rate

4.5%

Loan type

New Conventional, 30 year

Seller

Chandrika G Shakarnarayan

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: 09/21/2024 at 10:55 AM

Listing updated: 08/13/2024 at 9:45 AM

Listed by: Franz T. Diessner, Coldwell Banker Bain Phone #: (425) 454-0470

MLS: NorthwestMLS #2271586

NorthwestMLS logo

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