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$749,995

Beds
5
Baths
3.25
sq ft
2,500

2038 S 300th St, Federal Way, WA 98003

2038 S 300th St

Federal Way, WA 98003

  • 60 days on market
Beautiful 2500sqft 5 bed 3.25 Home perfect for your investment or large household needs. 2 kitchens and a Kitchenette may allow for 3 units each with their own private entrance, kitchen, and laundry. Many updates including a 5 year old roof, 2 year old high efficiency furnace, fully remodeled tiled bathrooms w/ quartz countertops. Also featuring a Master bedroom on the main floor with a walk in closet, a Large corner lot, ample parking, No HOA, Coverd patio area or Carport, 2 newer water heaters, 2 sheds. Great location just 3 blocks away from a brand new Wildwood elementary School & Steel lake W/ easy access to the new light rail station, HWY 99, & I-5. Buyer to verify all information and due diligence for themselves

Details

Property type

Single Family Residence

Est. home value

$660,643

Lot size

8,400 sq ft

Price per sq ft

$300

Year built

1969

Annual property taxes

$6,141

Price History

08/30/2024
NorthwestMLS

NorthwestMLS #2267476

Listed
$749,995
08/01/2024
NorthwestMLS

NorthwestMLS #2267476

Pending
$749,995
07/20/2024
NorthwestMLS

NorthwestMLS #2267476

Listed
$749,995
+85.18%

Schools & Community

Neighborhood: 

Steel Lake

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Federal Way

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

$400,523
Asking price
$749,995
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$289,472
Cash to seller
$400,523

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

February 2022

Original loan amount

$340,000

Est. remaining balance

$289,472

Interest rate

2.3%

Loan type

New Conventional, 15 year

Seller

Scott Kenny Johnston Jr and Tho Nguyen Johnston

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 8:55 PM

Listing updated: 09/14/2024 at 1:38 PM

Listed by: Scott Johnston, Best Choice Realty Phone #: (206) 886-3986

MLS: NorthwestMLS #2267476

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