tomo logo

$825,000

Beds
5
Baths
2.25
sq ft
3,220

31746 42nd Ave SW, Federal Way, WA 98023

31746 42nd Ave SW

Federal Way, WA 98023

  • 11 days on market
Welcome to the desirable Twin Lakes community in Federal Way. Discover this spacious & beautifully remodeled home w/ a Boasting 3,220 square feet. This 5-bedroom, 2.5-bath home offers ample space for comfortable living. Enjoy movie nights in the dedicated media room & take advantage of the expansive bonus room for all your lifestyle needs. The large primary suite features an enormous custom walk-in closet, providing plenty of storage. Gather around the cozy fireplace feature in the family room or host elegant dinners in the dining room. The backyard is an entertainer’s dream w/ a charming pergola & a gas fire pit. Located on the picturesque Twin Lakes golf course. Come join the CC for golf, swimming and tennis. Don't miss this opportunity!

Details

Property type

Single Family Residence

Est. home value

$761,531

Lot size

7,500 sq ft

Price per sq ft

$257

Year built

1976

Annual property taxes

$7,537.77

Monthly HOA fee

$37

Price History

06/27/2024
NorthwestMLS

NorthwestMLS #2257615

Listed
$825,000
+63.37%
12/28/2018
NorthwestMLS

NorthwestMLS #1357447

Sold
$505,000
+20.24%
05/18/2018
NorthwestMLS

NorthwestMLS #1244947

Sold
$420,000
+7.69%

Schools & Community

Neighborhood: 

Twin Lakes

Elementary school: 

Twin Lakes Elem

Middle school: 

Lakota Mid Sch

High school: 

Decatur High

Community features: 

Clubhouse, Golf, Park, Playground

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

$32,220
Asking price
$825,000
Closing costs (~8% of asking)
-$66,000
Est. remaining loan balance
-$726,780
Cash to seller
$32,220

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

March 2022

Original loan amount

$760,000

Est. remaining balance

$726,780

Interest rate

3.56%

Loan type

New Conventional, 30 year

Seller

Sarah Cooper Coleman and Dawn Cooper Coleman

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 5:00 PM

Listing updated: 07/03/2024 at 10:03 AM

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

MLS: NorthwestMLS #2257615

NorthwestMLS logo

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