tomo logo

$1,595,000

Beds
4
Baths
3.0
sq ft
2,890

2811 31st Ave S, Seattle, WA 98144

2811 31st Ave S

Seattle, WA 98144

  • 9 days on market
    • Open house Sep 21
1911 construction with many original fittings yet extensively renovated. Just a short walk to light rail, parks, shopping, restaurants & Lake Washington. 3 bedrooms + 2 baths upstairs + additional bed/bath on lower level. Updates since 2018 include: all new double paned windows, new main water line and all new plumbing, fresh exterior paint, new roof /gutters, rebuilt front porch, all updated electrical with no knob and tube (!), 5-zones of high efficiency ductless HVAC, on demand water heater with recirculating system, gas fireplace, solid wood doors, earthquake retrofitting. Stunning brand new 2nd kitchen+bed+bath+family room on lower level w/ level entry & easy ADU potential. Yard includes edible fruits, rose garden & plants of interest.

Details

Property type

Single Family Residence

Est. home value

$1,272,406

Lot size

5,000 sq ft

Price per sq ft

$552

Year built

1911

Annual property taxes

$10,644

Price History

09/11/2024
NorthwestMLS

NorthwestMLS #2285978

Listed
$1,595,000
+86.01%
03/28/2018
NorthwestMLS

NorthwestMLS #1254771

Sold
$857,500

Schools & Community

Neighborhood: 

Mt. Baker

Elementary school: 

John Muir

Middle school: 

Wash Mid

High school: 

Franklin 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

$1,049,370
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$418,030
Cash to seller
$1,049,370

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

December 2021

Original loan amount

$444,000

Est. remaining balance

$418,030

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Brent Schmidt and Jeffrey F Olliffe

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: 09/19/2024 at 6:05 PM

Listing updated: 09/19/2024 at 11:48 AM

Listed by: Jeff L Green, COMPASS Phone #: (206) 448-8888

MLS: NorthwestMLS #2285978

NorthwestMLS logo

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