tomo logo

$749,950

Beds
4
Baths
2.0
sq ft
1,710

26670 Timberlane Dr SE, Covington, WA 98042

26670 Timberlane Dr SE

Covington, WA 98042

  • 12 days on market
RENTAL INCOME OPPORTUNITY! This 4 bd, 2 ba, 1,710 sqft split-entry home offers plenty of space & comfort. Upstairs features 2 bds, a full bath, kitchen, dining, & living room. Downstairs features 2 bds, a full bath, living room, kitchen, & laundry. Upper level welcomes you w/ wood fireplace & spacious living room flowing into the kitchen & dining area. Sliding glass door opens to deck, blending indoor & outdoor living. Lower level w/ sliding door to backyard, plus potential MIL suite w/ new kitchen & updated bath. Oversized 2-car garage w/ storage. Fully fenced yard. Close to amenities, Metro & more! Community clubhouse w/ playground & pool. Newer rain guard gutter system, garage door, deck & roof. Don’t miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$614,465

Lot size

5,200 sq ft

Price per sq ft

$439

Year built

1977

Annual property taxes

$4,712.21

Monthly HOA fee

$46

Price History

10/10/2024
NorthwestMLS

NorthwestMLS #2295052

Listed
$749,950
+167.89%
09/12/2007
NorthwestMLS

NorthwestMLS #27114224

Sold
$279,950

Schools & Community

Elementary school: 

Jenkins Creek Elem

Middle school: 

Cedar Heights Jnr Hi

High school: 

Kentlake High

Community features: 

Pool, Clubhouse, Playground

High 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

$343,892
Asking price
$749,950
Closing costs (~8% of asking)
-$59,996
Est. remaining loan balance
-$346,062
Cash to seller
$343,892

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

September 2023

Original loan amount

$350,000

Est. remaining balance

$346,062

Interest rate

6.9%

Loan type

New Conventional, 30 year

Seller

Alexander Macnab and Cassy Macnab

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 5:20 AM

Listing updated: 10/21/2024 at 11:47 AM

Listed by: Taylee Goethals, RE/MAX Extra Inc. Phone #: (253) 891-9000

MLS: NorthwestMLS #2295052

NorthwestMLS logo

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