tomo logo

$370,000

Beds
2
Baths
1.5
sq ft
1,102

25044 Lake Fenwick Rd Unit 38, Kent, WA 98032

25044 Lake Fenwick Rd Unit 38

Kent, WA 98032

  • 44 days on market
Two sizable bedrooms, 1.5 bathroom. Primary bedroom has a huge closet space. Spacious dining area with access to a private back deck surrounded by trees. Sizable living room with a slider glass door to a private front deck with views of the city and mountains. Huge, neatly kept, coated flooring, two-car garage - can conveniently be used as a rec-room. Located between I5 and Hwy 167, and close to Hwy 516 for easy access to freeways. Minutes away from future light rail Kent-Des Moines Station.

Details

Property type

Condominium

Est. home value

$369,658

Lot size

Unknown

Price per sq ft

$336

Year built

1979

Annual property taxes

$4,000

Monthly HOA fee

$476

Price History

07/31/2024
NorthwestMLS

NorthwestMLS #2271049

Listed
$370,000
+51.02%
12/25/2020
NorthwestMLS

NorthwestMLS #1669039

Sold
$245,000
+274.05%
09/05/2013
NorthwestMLS

NorthwestMLS #527311

Sold
$65,500

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Kent

Number of units in community: 

42

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

$126,748
Asking price
$370,000
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$213,652
Cash to seller
$126,748

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

December 2020

Original loan amount

$232,750

Est. remaining balance

$213,652

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Semere Haile and Mehret Mengistu

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: 09/12/2024 at 7:05 PM

Listing updated: 09/11/2024 at 8:38 PM

Listed by: Yonatan Berhane, Skyline Properties, Inc. Phone #: (206) 522-3400

MLS: NorthwestMLS #2271049

NorthwestMLS logo

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