tomo logo

$1,125,000

Beds
2
Baths
1.5
sq ft
1,700

2525 28th Ave W, Seattle, WA 98199

2525 28th Ave W

Seattle, WA 98199

  • 40 days on market
Discover the perfect blend of comfort and opportunity with this darling Magnolia home. Whether you're looking to create passive income or seeking a smart investment, this property offers multiple avenues for financial growth. The fully remodeled, almost level-entry main floor could be the ideal primary residence – with a bedroom, den/office, updated kitchen/bath, living room with a west-facing wall of windows, & spacious view deck overlooking the terraced backyard/garden. Produce rental income from the daylight, lower level unit – complete with living room, kitchen, ¾ bath, & bedroom. Or rent out both! Only 1-2 blocks to the Village, schools, parks, and bus. Don’t miss out on the chance to make this home your next income-generating asset!

Details

Property type

Single Family Residence

Est. home value

$983,607

Lot size

4,640 sq ft

Price per sq ft

$662

Year built

1930

Annual property taxes

$7,514

HOA

No

Price History

09/12/2024
NorthwestMLS

NorthwestMLS #2278543

Listed
$1,125,000
+50%
05/21/2019
NorthwestMLS

NorthwestMLS #1446651

Sold
$750,000
+71.43%
04/26/2010
NorthwestMLS

NorthwestMLS #20227

Sold
$437,500

Schools & Community

Neighborhood: 

Magnolia

Elementary school: 

Magnolia Elementary

Middle school: 

Mc Clure Mid

High school: 

Ballard High

High 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

$762,976
Asking price
$1,125,000
Closing costs (~8% of asking)
-$90,000
Est. remaining loan balance
-$272,024
Cash to seller
$762,976

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

Seller’s Loan History

Lender

Mutual Of Omaha Mortgage Inc

Loan start date

November 2020

Original loan amount

$298,000

Est. remaining balance

$272,024

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Shima Sahebnassagh

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?

Similar Homes Nearby

$1,275,000
2 bd
|
1.75 ba
|
2,000 sq ft
|
Condo

918 W Emerson St, Seattle, WA 98119

Listing provided by NWMLS

$1,200,000
2 bd
|
2.25 ba
|
1,370 sq ft
|
House

3439 12th Ave W, Seattle, WA 98119

Listing provided by NWMLS

$1,250,000
4 bd
|
2 ba
|
3,000 sq ft
|
House

806 W McGraw St, Seattle, WA 98119

Listing provided by NWMLS

Status: Active

Tomo last checked: 10/22/2024 at 11:45 AM

Listing updated: 10/03/2024 at 8:23 AM

Listed by: Kristen Eichelberger, Windermere RE Magnolia Phone #: (206) 284-8989

MLS: NorthwestMLS #2278543

NorthwestMLS logo

Recently listed in Seattle

$539,997|3 bd|2.25 ba|House
$1,195,000|4 bd|2.75 ba|Townhouse
$1,895,000|4 bd|2.5 ba|House
$1,288,000|4 bd|4.25 ba|House
$1,795,000|4 bd|3.75 ba|House
$899,500|3 bd|3.0 ba|Townhouse
$675,000|3 bd|2.0 ba|House
$775,000|4 bd|3.0 ba|House
$1,695,000|5 bd|2.25 ba|House