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$1,425,000

Beds
3
Baths
1.75
sq ft
970

2523 72nd Ave SE, Mercer Island, WA 98040

2523 72nd Ave SE

Mercer Island, WA 98040

  • 8 days on market
Lovingly maintained modern 3-bed Mid-century rambler in the popular First Hill community, situated on a large flat lot. Light-filled open plan living with fireplace. Enjoy coffee on the front deck, and entertaining in the private, fully-fenced yard. Primary with French doors to yard. Fresh paint in & out, upgraded kitchen & baths, hardwood floors, generator & more. Great location, 2 min drive to park & ride, & I-90. Parks, trails & beaches all within easy reach. Excellent schools Pre-inspected. Move-in ready. Welcome home!

Details

Property type

Single Family Residence

Est. home value

$1,338,085

Lot size

6,000 sq ft

Price per sq ft

$1,470

Year built

1950

Annual property taxes

$7,931

Price History

06/27/2024
NorthwestMLS

NorthwestMLS #2257109

Listed
$1,425,000
+223.86%
04/27/2012
NorthwestMLS

NorthwestMLS #220244

Sold
$440,000
+26.8%
07/23/2003
NorthwestMLS

NorthwestMLS #23008263

Sold
$347,000

Schools & Community

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

School district: 

Mercer Island

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

$955,246
Asking price
$1,425,000
Closing costs (~8% of asking)
-$114,000
Est. remaining loan balance
-$355,754
Cash to seller
$955,246

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

June 2020

Original loan amount

$388,000

Est. remaining balance

$355,754

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Gail A Cohen

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 8:30 PM

Listing updated: 07/04/2024 at 3:33 PM

Listed by: Manesh Lakhani, Real Broker LLC Phone #: (855) 450-0442

MLS: NorthwestMLS #2257109

NorthwestMLS logo

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