tomo logo

$1,750,000

Beds
6
Baths
3.5
sq ft
3,360

28928 218th Ave SE, Black Diamond, WA 98010

28928 218th Ave SE

Black Diamond, WA 98010

  • 181 days on market
    • Price drop $99,000↓
Welcome to the sought-after shores of Lake Sawyer! This unique property features six bedrooms, four bathrooms, and two kitchens, spanning an expansive 3,360 square feet on a shy 1-acre lot. Car and boat enthusiasts will appreciate a separate 5-car garage, 1200 sq ft, 3-car garage, 1000 sq ft, and two carports with a 14 ft high bay for Motorhome or Yacht. The lower level offers versatility, serving as a flexible and multigenerational living space or a short-term vacation rental generating $6,000+ in peak summer. Valuable R4 Zoning-Residential, 4 DU per acre-check with the City for building permits. Greenhouse with garden space for garden lovers: The seller is a licensed real estate agent in WA. Virtually staged using AI

Details

Property type

Single Family Residence

Est. home value

$1,458,049

Lot size

0.9293 acres

Price per sq ft

$521

Year built

1968

Annual property taxes

$11,800

Price History

05/19/2024
NorthwestMLS

NorthwestMLS #2190156

Price change
$1,750,000
-5.35%
04/29/2024
NorthwestMLS

NorthwestMLS #2190156

Price change
$1,849,000
-7.55%
03/28/2024
NorthwestMLS

NorthwestMLS #2190156

Price change
$1,999,999
-13.69%

Schools & Community

Elementary school: 

Sawyer Woods Elem

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

$1,306,917
Asking price
$1,750,000
Closing costs (~8% of asking)
-$140,000
Est. remaining loan balance
-$303,083
Cash to seller
$1,306,917

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

Seller’s Loan History

Lender

Express Capital Lending

Loan start date

January 2007

Original loan amount

$475,000

Est. remaining balance

$303,083

Interest rate

6.11%

Loan type

Not Provided, 30 year

Seller

Marlene Elizabeth Schreiber and Marlene E Conran

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: 07/07/2024 at 5:35 PM

Listing updated: 06/21/2024 at 2:23 PM

Listed by: Marlene Schreiber, Kelly Right RE of Seattle LLC Phone #: (206) 525-5235

MLS: NorthwestMLS #2190156

NorthwestMLS logo

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