tomo logo

$949,000

Beds
3
Baths
2.5
sq ft
3,290

26538 163rd Ave SE, Covington, WA 98042

26538 163rd Ave SE

Covington, WA 98042

  • 48 days on market
    • Price drop $11,000↓
Discover elegance in the heart of HighPointe, Covington. This home with 3 beds and 2.5 baths plus an office and bonus room features crown molding, oak hardwood floors, and quartz countertops. Relax in the built-in soaking tub or by one of two gas fireplaces. Meticulously upgraded, enjoy new top-quality carpeting, upgraded electrical & plumbing fixtures, newer furnace/AC, power backup generator, cedar roof treatment, exterior siding and paint, and more. Vaulted ceilings and large windows create a spacious feel, while mature landscaping and an upgraded and expanded back patio add entertainment value. Two carpeted attic spaces for extra storage. The full list of upgrades is attached!

Details

Property type

Single Family Residence

Est. home value

$871,281

Lot size

7,120 sq ft

Price per sq ft

$289

Year built

1996

Annual property taxes

$8,665

Monthly HOA fee

$62.5

Price History

07/02/2024
NorthwestMLS

NorthwestMLS #2240121

Price change
$949,000
-1.15%
06/06/2024
NorthwestMLS

NorthwestMLS #2240121

Price change
$960,000
-2.74%
05/21/2024
NorthwestMLS

NorthwestMLS #2240121

Listed
$987,000
+14.1%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Kent

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

$305,168
Asking price
$949,000
Closing costs (~8% of asking)
-$75,920
Est. remaining loan balance
-$567,912
Cash to seller
$305,168

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

Seller’s Loan History

Lender

Central Trust Bank

Loan start date

May 2023

Original loan amount

$575,000

Est. remaining balance

$567,912

Interest rate

6.42%

Loan type

New Conventional, 30 year

Seller

Marcus John Burnham and Kelhuleno Chuno Burnham

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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Listing provided by NWMLS

Status: Active

Tomo last checked: 07/07/2024 at 5:35 PM

Listing updated: 07/02/2024 at 1:19 PM

Listed by: Emory G. Tungsvik, Around the Clock Inc. Phone #: (253) 852-3000

MLS: NorthwestMLS #2240121

NorthwestMLS logo

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