tomo logo

$799,999

Beds
3
Baths
1.75
sq ft
1,960

2623 S 304th St, Federal Way, WA 98003

2623 S 304th St

Federal Way, WA 98003

  • 15 days on market
Welcome home to the beautiful shores of Steel Lake! Nestled on a private, serene lot, this charming home offers 50+ feet of lake shoreline facing Federal Way’s Steel Lake Park & the only nearby property w/ graveled beach for easy water access. Beautiful open concept living, dining, & updated kitchen - high end SS appliances, hardwood floors throughout main level & picturesque water views throughout! Year round outdoor living at its finest with covered patio, built-in gas fireplace & spa! Park-like front yard & detached garage w/ additional studio room. New water heater, newer furnace & AC - Home also features special expanse owned solar panels- Ideal location w/ easy access to I-5 , SR-18, airport & upcoming light rail station.

Details

Property type

Single Family Residence

Est. home value

$733,159

Lot size

0.3074 acres

Price per sq ft

$409

Year built

1941

Annual property taxes

$5,220

Monthly HOA fee

$7.92

Price History

10/07/2024
NorthwestMLS

NorthwestMLS #2298900

Listed
$799,999
+132.09%
04/12/2004
NorthwestMLS

NorthwestMLS #24005662

Sold
$344,700

Schools & Community

Neighborhood: 

Steel Lake

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

Community features: 

Playground

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

$447,876
Asking price
$799,999
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$288,123
Cash to seller
$447,876

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2020

Original loan amount

$315,500

Est. remaining balance

$288,123

Interest rate

2.9%

Loan type

New Conventional, 30 year

Seller

Elizabeth R Bemiller and Stephen G Bemiller

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: 10/23/2024 at 1:15 AM

Listing updated: 10/20/2024 at 2:20 PM

Listed by: Kelee Kjack, Windermere RE South Sound, Inc Phone #: (253) 838-8900

MLS: NorthwestMLS #2298900

NorthwestMLS logo

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