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$325,000

Beds
2
Baths
1.0
sq ft
1,034

2131 Freestad Rd, Arlington, WA 98223

2131 Freestad Rd

Arlington, WA 98223

  • 23 days on market
The value is in the Land with this rare opportunity which presents itself for you to replace the current manufactured home with a new manufactured home, remove everything existing and build on this private 1.2+ wooded acre lot overlooking beautiful Lake Ki or fix up the existing home to make it your own. The current 1979 manufactured home has a large living room w/wood burning stove, 2 bedrooms & 1 full bath. Expansive deck attached, that spans the length of the home which overlooks serene Lake Ki. Tons of storage available in the attached shed! This lake view lot is your diamond in the rough. Lake access at north side of Lake at public access point.

Details

Property type

Est. home value

$418,394

Lot size

1.27 acres

Price per sq ft

$315

Year built

1979

Annual property taxes

$3,192

Price History

09/05/2024
NorthwestMLS

NorthwestMLS #2283421

Listed
$325,000
+25%
03/14/2019
NorthwestMLS

NorthwestMLS #1384974

Sold
$260,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Arlington

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

$70,028
Asking price
$325,000
Closing costs (~8% of asking)
-$26,000
Est. remaining loan balance
-$228,972
Cash to seller
$70,028

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

May 2021

Original loan amount

$246,235

Est. remaining balance

$228,972

Interest rate

3.18%

Loan type

FHA, 30 year

Seller

Christopher William Reilly and Kellie Michelle Reilly

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?

Status: Active

Tomo last checked: 09/28/2024 at 4:15 PM

Listing updated: 09/14/2024 at 8:48 PM

Listed by: Kerry McGhie, John L. Scott Arlington Phone #: (360) 629-2161

MLS: NorthwestMLS #2283421

NorthwestMLS logo

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