tomo logo

$999,950

Beds
3
Baths
1.75
sq ft
3,344

1901 S Adams St, Tacoma, WA 98405

1901 S Adams St

Tacoma, WA 98405

  • 28 days on market
Investor alert! 2 parcels being sold together and total almost three quarters of an acre. Tear down the home and you will have a flat blank canvas for your next project. Currently zoned for residential, multi-family, townhome or office development. Investment highlights, future proposed light rail along S 19th St. Close proximity to Allenmore Medical center, Bellarmine Prep High School, shopping and easy freeway access. Explore the possibilities.

Details

Property type

Single Family Residence

Est. home value

$567,101

Property condition

Fixer

Lot size

0.6674 acres

Price per sq ft

$300

Year built

1957

Annual property taxes

$8,163

Price History

08/19/2024
NorthwestMLS

NorthwestMLS #2279755

Listed
$999,950
+399.98%
06/17/2002
NorthwestMLS

NorthwestMLS #22052395

Sold
$200,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Tacoma

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

$705,013
Asking price
$999,950
Closing costs (~8% of asking)
-$79,996
Est. remaining loan balance
-$214,941
Cash to seller
$705,013

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

Seller’s Loan History

Lender

First Citizens Bank And Trust Co Inc

Loan start date

April 2020

Original loan amount

$236,250

Est. remaining balance

$214,941

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Carolyn A Hearson and Donald E Hearson

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 1:00 PM

Listing updated: 09/03/2024 at 8:54 AM

Listed by: J Michael Drake, Coldwell Banker Danforth Phone #: (800) 945-4110

MLS: NorthwestMLS #2279755

NorthwestMLS logo

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