tomo logo

$515,000

Beds
3
Baths
1.75
sq ft
1,600

2427 SW 330th St, Federal Way, WA 98023

2427 SW 330th St

Federal Way, WA 98023

  • 18 days on market
A rare opportunity! Assumable FHA Loan at 2.625% interest rate for this 3 bed / 1.75 bath, 1600 SF rambler in Federal Way! Located on a quiet street close to the new Olympic Elementary School, this spacious home is ready for your finishing touches. Features include original hardwood floors, forced air heat, wood-burning fireplace and large family room with floor-to-ceiling windows. Huge backyard with covered patio is great for pets, gardening and entertaining. Summary from previous inspection available upon request.

Details

Property type

Single Family Residence

Est. home value

$499,681

Lot size

8,487 sq ft

Price per sq ft

$322

Year built

1962

Annual property taxes

$4,610

Price History

06/17/2024
NorthwestMLS

NorthwestMLS #2250611

Listed
$515,000
+14.44%
09/23/2021
NorthwestMLS

NorthwestMLS #1819549

Sold
$450,000
+121.67%
12/31/2003
NorthwestMLS

NorthwestMLS #23143726

Sold
$203,000
+55.08%

Schools & Community

Neighborhood: 

Twin Lakes

Elementary school: 

Olympic View Elem

Middle school: 

Saghalie Jnr High

High school: 

Decatur 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

$58,878
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$414,922
Cash to seller
$58,878

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

September 2021

Original loan amount

$441,799

Est. remaining balance

$414,922

Interest rate

2.8%

Loan type

FHA, 30 year

Seller

Zachary Wean

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 8:10 PM

Listing updated: 06/27/2024 at 11:38 AM

Listed by: Dale Wampler, Keller Williams Seattle Metro Phone #: (206) 935-3442

MLS: NorthwestMLS #2250611

NorthwestMLS logo

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