tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
837

20824 70th Ave W Unit 2, Lynnwood, WA 98036

20824 70th Ave W Unit 2

Lynnwood, WA 98036

  • 29 days on market
Welcome to your serene and comfortable sanctuary! This ground floor, corner unit boasts an inviting floor plan, complete with an open kitchen and breakfast bar, and two full baths. The kitchen is a chef's delight, featuring updated granite countertops, white shaker cabinets, and stainless steel appliances. Enjoy ample storage and your own private patio for moments of tranquility. Stay cozy by the fireplace during the winter months. The convenience continues with 1 assigned covered and 1 uncovered open parking spot. Prime location - minutes to coffee shops, Edmonds Community College, golf course & bus lines, plus easy access to I-5, Hwy 99 & shopping. Best of all, there's no rental cap, making it an ideal investment opportunity!

Details

Property type

Condominium

Est. home value

$347,212

Lot size

Unknown

Price per sq ft

$449

Year built

1990

Annual property taxes

$2,735

Monthly HOA fee

$509

Price History

08/21/2024
NorthwestMLS

NorthwestMLS #2279485

Listed
$375,000
+74.42%
09/29/2017
NorthwestMLS

NorthwestMLS #1160948

Sold
$215,000
+16.22%
03/05/2008
NorthwestMLS

NorthwestMLS #28003404

Sold
$185,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Edmonds

Number of units in community: 

12

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

$178,489
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$166,511
Cash to seller
$178,489

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

September 2017

Original loan amount

$193,500

Est. remaining balance

$166,511

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Girma W Sahle and Genet T Asfaw

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: 09/19/2024 at 1:15 AM

Listing updated: 09/11/2024 at 6:58 PM

Listed by: Troy Matthew Lehman, Redfin Phone #: (425) 529-5426

MLS: NorthwestMLS #2279485

NorthwestMLS logo

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