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$805,359Estimated home value

Beds
5
Baths
1.75
sq ft
3,270

31215 41st Pl SW, Federal Way, WA 98023

31215 41st Pl SW

Federal Way, WA 98023

  • Off market
    • Price drop $25,000↓
Lovely home in a quiet cul-de-sac with views of Puget Sound! Fabulous opportunity for multi-generations with a downstairs space that gives everyone room to roam! With a few modifications, this home could have a separate rental unit downstairs with its own entrance! Master & two guest bedrooms upstairs, beautiful brick gas fireplace, huge kitchen with pantry & dining area. Spacious bathroom with jetted shower too! Enjoy the Main level deck with an outdoor eating area while taking in the view! Downstairs are two bedrooms, a full bath, another brick fireplace, kitchen area with lower deck & hot tub! Laundry Room is complete with full size washer & dryer! A/C & a gas generator too! Well maintained yard. Close to parks, schools & golf course!

Details

Property type

Single Family Residence

Est. home value

$805,359

Lot size

0.2525 acres

Price per sq ft

$245

Year built

1978

Annual property taxes

$6,955.64

Monthly HOA fee

$37

Price History

10/01/2024
NorthwestMLS

NorthwestMLS #2213731

Removed
$800,000
09/15/2024
NorthwestMLS

NorthwestMLS #2213731

Price change
$800,000
-3.03%
08/01/2024
NorthwestMLS

NorthwestMLS #2213731

Price change
$825,000
-2.37%

Schools & Community

Neighborhood: 

Twin Lakes

Elementary school: 

Twin Lakes Elem

Middle school: 

Lakota Mid Sch

High school: 

Decatur 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

$324,883
Asking price
$800,000
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$411,117
Cash to seller
$324,883

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

Seller’s Loan History

Lender

Guild Mortgage Co

Loan start date

December 2020

Original loan amount

$448,640

Est. remaining balance

$411,117

Interest rate

2.84%

Loan type

New Conventional, 30 year

Seller

Lynn M Sommer

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: Off Market

Tomo last checked: 10/05/2024 at 5:10 PM

Listing updated: 09/30/2024 at 5:47 PM

Listed by: Teresa M. Warner, Agilon Properties LLC Phone #: (253) 529-4566

MLS: NorthwestMLS #2213731

NorthwestMLS logo

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