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$475,000

Beds
2
Baths
2.0
sq ft
916

23339 Cedar Way Unit A303, Mountlake Terrace, WA 98043

23339 Cedar Way Unit A303

Mountlake Terrace, WA 98043

  • 12 days on market
A peaceful setting on the top floor of desirable, well run, Markland Woods. Enjoy tall, vaulted ceilings with your stylish and functional open floorplan. Updated kitchen with all new appliances, granite counters & eating bar. Fresh paint, new flooring, several hardware and fixture updates and the fireplace make this home comfortable and move in ready. A treed outlook off the covered back deck is great for relaxing or entertaining. Full-size Washer/Dryer hook ups in unit. Easy access to so much, including MLT Light Rail Station. Bonus: 2 parking spaces and fantastic community amenities like outdoor pool, hot tub, gym, clubhouse with kitchen, tanning, sauna, sport court, walking trails, & playground.

Details

Property type

Condominium

Est. home value

$368,961

Lot size

Unknown

Price per sq ft

$519

Year built

1990

Annual property taxes

$2,917

Monthly HOA fee

$410

Price History

09/04/2024
NorthwestMLS

NorthwestMLS #2284784

Listed
$475,000
+225.34%
09/07/2004
NorthwestMLS

NorthwestMLS #24081560

Sold
$146,000

Schools & Community

Elementary school: 

Cedar Way Elem

Middle school: 

Brier Terrace Mid

High school: 

Mountlake Terrace Hi

Community features: 

Pool, Clubhouse, Playground

School district: 

Edmonds

Number of units in community: 

157

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

$358,638
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$78,362
Cash to seller
$358,638

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

Seller’s Loan History

Lender

Ditech Financial Llc

Loan start date

January 2016

Original loan amount

$95,500

Est. remaining balance

$78,362

Interest rate

3.97%

Loan type

New Conventional, 30 year

Seller

Dana Prak and Mike Prak

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: 09/16/2024 at 12:25 PM

Listing updated: 09/06/2024 at 4:28 PM

Listed by: Vince M Grant, RE/MAX Elite Phone #: (425) 245-7179

MLS: NorthwestMLS #2284784

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