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$535,000

Beds
3
Baths
1.75
sq ft
1,320

2839 S 308th Ln, Federal Way, WA 98003

2839 S 308th Ln

Federal Way, WA 98003

  • 48 days on market
3 bedroom 2 bath rambler located on larger city lot (nearly 1/2 acres). Located at the end of a cul-de-sac. Conveniently located near the Federal Way Joint Use Operation and Maintenance Facility currently under construction.

Details

Property type

Single Family Residence

Est. home value

$483,104

Lot size

0.3992 acres

Price per sq ft

$406

Year built

1956

Annual property taxes

$4,733

Price History

08/02/2024
NorthwestMLS

NorthwestMLS #2262283

Listed
$535,000
+168.84%
08/21/2014
NorthwestMLS

NorthwestMLS #618340

Sold
$199,000
+82.74%
08/20/2012
NorthwestMLS

NorthwestMLS #323877

Sold
$108,900
-43.28%

Schools & Community

Neighborhood: 

Steel Lake

Elementary school: 

Wildwood Elem

Middle school: 

Sacajawea Jnr High

High school: 

Federal Way Snr 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

$253,607
Asking price
$535,000
Closing costs (~8% of asking)
-$42,800
Est. remaining loan balance
-$238,593
Cash to seller
$253,607

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

November 2019

Original loan amount

$264,244

Est. remaining balance

$238,593

Interest rate

3.65%

Loan type

FHA, 30 year

Seller

Stephanie Manzo and Jessie Manzo

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 12:30 PM

Listing updated: 09/03/2024 at 8:28 PM

Listed by: Glenn Roland, MV Realty of Washington LLC Phone #: (509) 539-7439

MLS: NorthwestMLS #2262283

NorthwestMLS logo

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