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$245,000

Beds
2
Baths
1.75
sq ft
888

28606 16th Ave S Unit 102, Federal Way, WA 98003

28606 16th Ave S Unit 102

Federal Way, WA 98034

  • 5 days on market
Beautiful 2 Bedroom/2 Bath ground floor unit with peaceful Seasonal Sound views. New paint, new vinyl flooring, newer carpet, light fixtures & updated kitchen countertops. Newer track lighting. Kitchen & baths w/ “Granite Transformation” counters. Dining rm w/slider to patio & private yard w/ sprinkler system. No Rental Cap! Pet Friendly. Special Assessment paid by seller! Close to public transit, restaurants & Redondo Beach; EZ access to I-5, airport, & bus route.

Details

Property type

Condominium

Est. home value

$298,548

Lot size

Unknown

Price per sq ft

$276

Year built

1991

Annual property taxes

$2,879

Monthly HOA fee

$720

Price History

09/14/2024
NorthwestMLS

NorthwestMLS #2290751

Listed
$245,000
+162.03%
03/20/2014
NorthwestMLS

NorthwestMLS #596081

Sold
$93,500

Schools & Community

Neighborhood: 

Redondo

Elementary school: 

Woodmont Elem

Middle school: 

Sacajawea Jnr High

High school: 

Federal Way Snr High

School district: 

Federal Way

Number of units in community: 

48

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

$219,023
Asking price
$245,000
Closing costs (~8% of asking)
-$19,600
Est. remaining loan balance
-$6,377
Cash to seller
$219,023

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

Seller’s Loan History

Lender

Rainier Pacific Mtg

Loan start date

November 1995

Original loan amount

$67,800

Est. remaining balance

$6,377

Interest rate

7.57%

Loan type

Not Provided, 30 year

Seller

Beverly A Bowman

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?

Status: Active

Tomo last checked: 09/19/2024 at 1:35 AM

Listing updated: 09/17/2024 at 11:58 AM

Listed by: Robert Nicholson, John L. Scott, Inc. Phone #: (425) 454-2437

MLS: NorthwestMLS #2290751

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