tomo logo

$1,225,000

Beds
6
Baths
3.25
sq ft
3,547

2118 160th Pl SW, Lynnwood, WA 98087

2118 160th Pl SW

Lynnwood, WA 98087

  • 21 days on market
AMAZING Investment Opportunity in Lynnwood! Rare opportunity to own a fully occupied tri-plex in Lynnwood. Strong portfolio starter or addition. Potential for improvement by increasing to market rents and adding coin-op. Featuring 4 BD / 2.5 BA upstairs and two 1 BD / 1 BA units downstairs with a shared garage, carport and ample room for tenant and guest parking. 2 fully fenced yards that are separate and an expansive deck connected to the top unit. Brand new exterior paint and driveway gravel. Conveniently located and just minutes to I5, Shopping, Lakes, Trails, Restaurants, Schools and more! Just a block from the upcoming Ash Way Light Rail Station making for an easy commute either direction along with Very Favorable Zoning!

Details

Property type

Single Family Residence

Est. home value

$836,326

Lot size

9,148 sq ft

Price per sq ft

$346

Year built

1963

Annual property taxes

$7,133

Price History

08/22/2024
NorthwestMLS

NorthwestMLS #2280959

Listed
$1,225,000
+308.33%
01/06/2011
NorthwestMLS

NorthwestMLS #141371

Sold
$300,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Edmonds

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Reali Loans Inc

Loan start date

September 2021

Original loan amount

$615,000

Est. remaining balance

$575,038

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Rainer W Elliott

Lender

Broker Solutions Inc

Loan start date

November 2014

Original loan amount

$335,800

Est. remaining balance

Not provided

Interest rate

3%

Loan type

VA, 30 year

Seller

Ranier W Elliott

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: 09/12/2024 at 1:35 PM

Listing updated: 08/23/2024 at 5:16 AM

Listed by: Kyle Walker, COMPASS Phone #: (425) 242-6440

MLS: NorthwestMLS #2280959

NorthwestMLS logo

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