tomo logo

$695,000

Beds
4
Baths
1.0
sq ft
1,248

18106 Larch Way, Lynnwood, WA 98037

18106 Larch Way

Lynnwood, WA 98037

  • 6 days on market
This beautifully updated single-story home blends contemporary style with modern amenities, making it a top choice! **Features include** a prime location near Martha Lake, 4 bedrooms, 1 bath, 2 bath conversion available. Mini Split heating/cooling, fully updated kitchen, Murphy Bed and a expansive 9,148 sq ft lot. Additional highlights include a detached 2 car garage or workshop, garden shed, outbuildings, a covered pergola perfect for movie nights, raised garden beds, a fenced backyard, off-street parking and the possibility of two DADUs that can be qualified as condos in 3 months, adding significant future value. Conveniently located close to Edmonds schools, Lynnwood Light Rail Station, Freeways, Alderwood Mall, & Mill Creek Town Center.

Details

Property type

Single Family Residence

Est. home value

$655,287

Lot size

9,148 sq ft

Price per sq ft

$557

Year built

1960

Annual property taxes

$4,650

Price History

09/11/2024
NorthwestMLS

NorthwestMLS #2280283

Listed
$695,000
+110.61%
07/22/2016
NorthwestMLS

NorthwestMLS #961829

Sold
$330,000
+96.43%
03/30/2012
NorthwestMLS

NorthwestMLS #293684

Sold
$168,000

Schools & Community

Neighborhood: 

Martha Lake

Elementary school: 

Martha Lake ElemMl

Middle school: 

Alderwood Mid

High school: 

Lynnwood 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

$369,310
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$270,090
Cash to seller
$369,310

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

October 2020

Original loan amount

$295,000

Est. remaining balance

$270,090

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Stuart Morse

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: 09/17/2024 at 2:35 PM

Listing updated: 09/13/2024 at 5:28 PM

Listed by: Brian Barnhart, RE/MAX Town Center Phone #: (425) 224-8400

MLS: NorthwestMLS #2280283

NorthwestMLS logo

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