tomo logo

$1,975,000

Beds
4
Baths
3.25
sq ft
1,920

2340 42nd Ave E, Seattle, WA 98112

2340 42nd Ave E

Seattle, WA 98112

  • 7 days on market
    • Open house Sep 21
Urban - Serenity - Tranquility! In the heart of Madison Park, craftsman meets modern. One block from Lake Washington, enter a private oasis with manicured gardens every PNW gardener would dream of. Step inside to re-finished hardwoods, newer modern kitchen, and indoor/outdoor entertainment space ready to host the most. The primary suite is sure to catch your eye with an updated en-suite and balcony to take in the peaceful skies. Two additional bedrooms hold the key to shared loft space every young at heart climber would enjoy. Bonus feature; a separate entrance to the downstairs bed/bath provides an opportunity for extra income! Alley access with two car garage. Minutes to downtown, walking distance to shops, restaurants and the beach.

Details

Property type

Single Family Residence

Est. home value

$1,638,160

Lot size

2,720 sq ft

Price per sq ft

$1,029

Year built

2001

Annual property taxes

$14,820

Price History

09/12/2024
NorthwestMLS

NorthwestMLS #2289670

Listed
$1,975,000
+97.5%
04/14/2016
NorthwestMLS

NorthwestMLS #853294

Sold
$1,000,000
+50.15%
05/22/2002
NorthwestMLS

NorthwestMLS #21144031

Sold
$666,000

Schools & Community

Neighborhood: 

Madison Park

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Seattle

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

$1,433,198
Asking price
$1,975,000
Closing costs (~8% of asking)
-$158,000
Est. remaining loan balance
-$383,802
Cash to seller
$1,433,198

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

Seller’s Loan History

Lender

Umpqua Bank

Loan start date

February 2021

Original loan amount

$418,000

Est. remaining balance

$383,802

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Ed Swaya

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: 09/18/2024 at 6:15 PM

Listing updated: 09/17/2024 at 5:44 PM

Listed by: Michael Green, COMPASS Phone #: (206) 330-0314

MLS: NorthwestMLS #2289670

NorthwestMLS logo

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