tomo logo

$545,900

Beds
2
Baths
1.75
sq ft
965

320 Melrose Ave E Unit 305, Seattle, WA 98102

320 Melrose Ave E Unit 305

Seattle, WA 98102

  • 47 days on market
Step into your newly renovated condo and soak in the iconic views of downtown Seattle and the Space Needle as the sun sets. This modern 2-bedroom, 2-bathroom home boasts an open, airy floor plan with stylish tile flooring and abundant natural light streaming through west-facing windows. The expansive layout is perfect for entertaining, while secure garage parking and a building sauna add extra comfort and convenience. Located in the dynamic Capitol Hill neighborhood, you'll be just minutes from downtown, South Lake Union, and all the dining, shopping, and entertainment Capitol Hill has to offer. Pet-friendly and move-in ready, this condo invites you to experience the best of urban living.

Details

Property type

Condominium

Est. home value

$569,913

Lot size

1 sq ft

Price per sq ft

$566

Year built

1966

Annual property taxes

$4,834

Monthly HOA fee

$627

Price History

08/20/2024
NorthwestMLS

NorthwestMLS #2241270

Removed
$574,900
+5.31%
08/20/2024
NorthwestMLS

NorthwestMLS #2280028

Listed
$545,900
-5.04%
08/16/2024
NorthwestMLS

NorthwestMLS #2241270

Listed
$574,900

Schools & Community

Neighborhood: 

Capitol Hill

Elementary school: 

Lowell

Middle school: 

Meany Mid

High school: 

Garfield High

School district: 

Seattle

Number of units in community: 

28

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

$180,019
Asking price
$545,900
Closing costs (~8% of asking)
-$43,672
Est. remaining loan balance
-$322,209
Cash to seller
$180,019

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

Seller’s Loan History

Lender

Kwik Mortgage Corp

Loan start date

January 2021

Original loan amount

$410,000

Est. remaining balance

$322,209

Interest rate

2.26%

Loan type

New Conventional, 15 year

Seller

Shailesh Kumar and Snigdha Kumar

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: 10/05/2024 at 7:00 PM

Listing updated: 09/30/2024 at 9:17 PM

Listed by: Andy Sather, John L. Scott, Inc. Phone #: (206) 527-0700

MLS: NorthwestMLS #2280028

NorthwestMLS logo

Recently listed in Seattle

$1,325,000|4 bd|1.75 ba|House
$874,950|3 bd|2.25 ba|Townhouse
$875,000|3 bd|1.75 ba|House
$565,000|2 bd|1.75 ba|House
$1,150,000|3 bd|2.5 ba|House
$895,000|2 bd|1.75 ba|Townhouse
$623,900|2 bd|1.75 ba|House
$570,000|3 bd|1.0 ba|House
$880,000|3 bd|1.75 ba|House
$749,950|2 bd|2.25 ba|House