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$2,500,000

Beds
4
Baths
2.5
sq ft
2,950

29903 Marine View Dr SW, Federal Way, WA 98023

29903 Marine View Dr SW

Federal Way, WA 98023

  • 320 days on market
    • Price drop $100,000↓
This rare waterfront, generational listing opportunity is truly an exceptional property that has not been listed since the 1930s. This lovely home offers a private sanctuary hidden away with an amazing sandy beach with 88 feet of title rights, stunning views & direct access to the water. You will find 100-year-old geoduck, seals, otters, whales and great salmon fishing. The large amount of waterfront footage provides ample space for outdoor activities, private beach area, and a sense of tranquility. Sunrises, sunsets, and the changing tides can all be part of your daily life. This private oasis is located close to the Redondo boat launch, all amenities and in the middle between Seattle & Tacoma with a short drive to the east side.

Details

Property type

Single Family Residence

Est. home value

$2,531,564

Lot size

0.65 acres

Price per sq ft

$848

Year built

1964

Annual property taxes

$13,763

Price History

02/28/2024
NorthwestMLS

NorthwestMLS #2145420

Price change
$2,500,000
-3.85%
08/23/2023
NorthwestMLS

NorthwestMLS #2145420

Listed
$2,600,000

Schools & Community

Neighborhood: 

Adelaide

Elementary school: 

Buyer To Verify

Middle school: 

Buyer To Verify

High school: 

Buyer To Verify

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

$2,260,093
Asking price
$2,500,000
Closing costs (~8% of asking)
-$200,000
Est. remaining loan balance
-$39,907
Cash to seller
$2,260,093

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

July 2011

Original loan amount

$237,000

Est. remaining balance

$39,907

Interest rate

3.8%

Loan type

New Conventional, 15 year

Seller

Emma Lillian Ross

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 7:15 PM

Listing updated: 06/29/2024 at 1:33 PM

Listed by: Kathy Callahan, Windermere RE South Sound, Inc Phone #: (253) 838-8900

MLS: NorthwestMLS #2145420

NorthwestMLS logo

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