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$625,000

Beds
4
Baths
2.0
sq ft
2,050

2218 S 284th Pl, Federal Way, WA 98003

2218 S 284th Pl

Federal Way, WA 98003

  • 35 days on market
Immaculate and a highly sought-after new listing in the desirable Laurelwood neighborhood offers a charming 4BR, 2BA home. Featuring a cozy fireplace, it's an ideal spot for gathering and creating lasting memories. The expansive backyard offers endless possibilities for outdoor entertainment, gardening, and relaxation. Conveniently located, this home provides easy access to the light rail, making the community a breeze. You'll also find stores, freeways, and highways just minutes away, ensuring that all your essential needs are within reach. Additionally, the property is situated near excellent schools, making it a perfect choice for anyone prioritizing education. Don't miss out on this great opportunity.

Details

Property type

Single Family Residence

Est. home value

$541,597

Lot size

7,210 sq ft

Price per sq ft

$305

Year built

1967

Annual property taxes

$5,134

Price History

05/31/2024
NorthwestMLS

NorthwestMLS #2245311

Listed
$625,000
+25%
08/25/2021
NorthwestMLS

NorthwestMLS #1815754

Sold
$500,000
+86.95%
07/15/2008
NorthwestMLS

NorthwestMLS #28052745

Sold
$267,450

Schools & Community

Neighborhood: 

Laurelwood

Elementary school: 

Mark Twain Elem

Middle school: 

Unknown

High school: 

Federal Way Snr High

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

$119,963
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$455,037
Cash to seller
$119,963

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2021

Original loan amount

$485,000

Est. remaining balance

$455,037

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Phally Meas and Borat Meas

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: 07/04/2024 at 9:10 PM

Listing updated: 06/04/2024 at 12:33 PM

Listed by: Tom L Ouk, Kelly Right RE of Seattle LLC Phone #: (206) 525-5235

MLS: NorthwestMLS #2245311

NorthwestMLS logo

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