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$647,445Estimated home value

Beds
3
Baths
2.0
sq ft
2,210

434 Mill Ave S, Renton, WA 98057

434 Mill Ave S

Renton, WA 98057

  • Off market
    • Price drop $10,000↓
Attention Investors or those seeking an amazing deal on a gorgeous historic home. This 2,210 sq. ft. home in the heart of Renton offers endless opportunities. The main level has 1,400+ sq. ft. with 3 bedrooms and 1-1/2 baths. The lower level is a blank 750 sq. ft. slate. Recent updates include luxury vinyl plank flooring on the main level and new vinyl windows throughout. Located on Historic Renton Hill, this home features incredible sweeping views. Make it your stunning single-family home or convert it to a multi-family residence. Market data shows this home could easily be worth $800,000+ when finished. Don’t miss this fantastic opportunity!

Details

Property type

Single Family Residence

Est. home value

$647,445

Lot size

6,000 sq ft

Price per sq ft

$286

Year built

1920

Annual property taxes

$5,468

Price History

09/11/2024
NorthwestMLS

NorthwestMLS #2261046

Removed
$629,997
07/20/2024
NorthwestMLS

NorthwestMLS #2261046

Price change
$629,997
-1.56%
07/05/2024
NorthwestMLS

NorthwestMLS #2261046

Listed
$639,997
+17.43%

Schools & Community

Neighborhood: 

Renton Hill

Elementary school: 

Bryn Mawr Elem

Middle school: 

Dimmitt Mid

High school: 

Renton Snr High

School district: 

Renton

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

$88,299
Asking price
$629,997
Closing costs (~8% of asking)
-$50,400
Est. remaining loan balance
-$491,298
Cash to seller
$88,299

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

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2021

Original loan amount

$528,650

Est. remaining balance

$491,298

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Steven Arteaga and Phillip Munoz

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 4:55 PM

Listing updated: 07/19/2024 at 5:44 PM

Listed by: Lorna Murray, RE/MAX Equity Group Phone #: (360) 882-6000

MLS: NorthwestMLS #2261046

NorthwestMLS logo

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