tomo logo

$495,000

Beds
2
Baths
1.0
sq ft
1,060

3415 S 162nd St, Seatac, WA 98188

3415 S 162nd St

SeaTac, WA 98188

  • Pending
Diamond in the rough. A little work and you quickly have major sweat equity. Kitchen, 2 bedrooms, 1 full bath, family room, and laundry room all on main floor. Huge deck on the front of the house as well as a deck and porch area off the back. Very private large lot. Great DADU/ADU potential. Partially fenced yard. Detached 1 car garage. Plus, bonus areas (~500 SF, potential extra bedroom, bathroom, rec room, etc.) in the basement with adequate ceiling height. Roof is approx. 12 years old. Updated electrical. 1500 seller concession for window & door repair. DIY, Investor friendly. Hurry & come see this value for under 500k.

Details

Property type

Single Family Residence

Est. home value

$551,497

Lot size

0.2851 acres

Price per sq ft

$467

Year built

1936

Annual property taxes

$5,401

Price History

09/11/2024
NorthwestMLS

NorthwestMLS #2275311

Pending
$495,000
08/07/2024
NorthwestMLS

NorthwestMLS #2275311

Listed
$495,000
+98%
03/26/2015
NorthwestMLS

NorthwestMLS #734896

Sold
$250,000
+121.24%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Highline

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

$257,011
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$198,389
Cash to seller
$257,011

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

Seller’s Loan History

Lender

Academy Mortgage Corp

Loan start date

November 2016

Original loan amount

$239,000

Est. remaining balance

$198,389

Interest rate

3.5%

Loan type

New Conventional, 30 year

Seller

Loren R Brown and Katherine Brock

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: Pending/Under Contract

Tomo last checked: 09/12/2024 at 6:20 PM

Listing updated: 09/11/2024 at 12:49 PM

Listed by: Neil Johnson, eXp Realty Phone #: (888) 317-5197

MLS: NorthwestMLS #2275311

NorthwestMLS logo

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