tomo logo

$250,000

Beds
2
Baths
0.75
sq ft
900

2520 S 12th St, Tacoma, WA 98405

2520 S 12th St

Tacoma, WA 98405

  • 60 days on market
The central location and flexible C-1 zoning make this listing an opportunity whether the dream is to fix up a home, establish a business, or make a rental investment. Set in Central Tacoma, this home is 2 minutes by car to coffee shops and dining on 6th Ave and 5 or less to groceries, parks and hospitals. The plumbing, wiring and sewer are in good shape and a 1-car garage stands in back. C-1 General Neighborhood Commercial zoning allows for low-intensity, smaller scale business uses such as an office, retail, or services. This is a cash only transaction and a seller-procured inspection is available—contact your agent for more information. Interior photos are from 2017.

Details

Property type

Single Family Residence

Est. home value

$346,482

Lot size

3,000 sq ft

Price per sq ft

$278

Year built

1908

Annual property taxes

$3,107

Price History

05/03/2024
NorthwestMLS

NorthwestMLS #2230652

Listed
$250,000
+400%
07/30/2002
NorthwestMLS

NorthwestMLS #22083483

Sold
$50,000

Schools & Community

Neighborhood: 

Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Tacoma

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

-$158,755
Asking price
$250,000
Closing costs (~8% of asking)
-$20,000
Est. remaining loan balance
-$388,755
Cash to seller
-$158,755

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

Seller’s Loan History

Lender

Paramount Equity Mortgage Llc

Loan start date

September 2019

Original loan amount

$429,000

Est. remaining balance

$388,755

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Marilyn Ryan

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: 07/02/2024 at 4:50 PM

Listing updated: 06/27/2024 at 9:33 AM

Listed by: Michael Duggan, Windermere Abode Phone #: (253) 302-4847

MLS: NorthwestMLS #2230652

NorthwestMLS logo

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