tomo logo

$655,000

Beds
4
Baths
2.5
sq ft
2,005

424 S 331st Pl, Federal Way, WA 98003

424 S 331st Pl

Federal Way, WA 98003

  • 3 days on market
Discover this beautiful, modern 4-bedroom, 2.5-bathroom home, perfect for first-time buyers or those seeking a single-family residence. Well-maintained and full of potential, it simply needs a touch of love to address minor cosmetic updates. With spacious bedrooms, open living areas, and a sleek kitchen, it offers a comfortable lifestyle in a fantastic neighborhood. Centrally located, you'll enjoy easy access to essential amenities including stores, public transportation, and the local library. This home combines convenience, charm, and value, making it an excellent opportunity to create your dream space. Don’t miss out!

Details

Property type

Single Family Residence

Est. home value

$620,174

Lot size

9,143 sq ft

Price per sq ft

$327

Year built

1995

Annual property taxes

$4,334

Monthly HOA fee

$22

Price History

10/19/2024
NorthwestMLS

NorthwestMLS #2300043

Listed
$655,000
+13.91%
08/02/2021
NorthwestMLS

NorthwestMLS #1791879

Sold
$575,000

Schools & Community

Neighborhood: 

West Campus

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Federal Way Snr High

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

$174,222
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$428,378
Cash to seller
$174,222

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

July 2021

Original loan amount

$460,000

Est. remaining balance

$428,378

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Latonya Mclemore

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: 10/23/2024 at 3:25 AM

Listing updated: 10/20/2024 at 1:00 PM

Listed by: Asjeah Mclemore-Westbrook, eXp Realty Phone #: (888) 317-5197

MLS: NorthwestMLS #2300043

NorthwestMLS logo

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