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$675,000

Beds
2
Baths
1.0
sq ft
1,600

4507 40th Ave SW, Seattle, WA 98116

4507 40th Ave SW

Seattle, WA 98116

  • Pending
Nestled in the heart of The Alaska Junction, this delightful bungalow offers the perfect blend of convenience and charm. Boasting an impressive 97 Walk Score you are just steps from West Seattle's vibrant shopping, dining, and entertainment as well as easy access to transit. The main level features 2 bedrooms and 1 bathroom, along with a modern kitchen that flows into a bright and airy living/dining area. Downstairs, the expansive basement offers endless possibilities, with a wet bar, built-in storage, and a flexible rec space. A roughed-in second bathroom provides a prime opportunity to easily add equity. Additional features include off-street parking, efficient gas heat, and a private yard—perfect for gardening or outdoor gatherings.

Details

Property type

Single Family Residence

Est. home value

$700,931

Lot size

2,816 sq ft

Price per sq ft

$422

Year built

1945

Annual property taxes

$5,513

HOA

No

Price History

10/09/2024
NorthwestMLS

NorthwestMLS #2296711

Pending
$675,000
10/01/2024
NorthwestMLS

NorthwestMLS #2296711

Listed
$675,000
+84.93%
07/17/2006
NorthwestMLS

NorthwestMLS #26082100

Sold
$365,000

Schools & Community

Neighborhood: 

Junction

Elementary school: 

Genesee Hill Elementary

Middle school: 

Madison Mid

High school: 

West Seattle High

High school district: 

Seattle

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

$370,605
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$250,395
Cash to seller
$370,605

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

August 2015

Original loan amount

$308,000

Est. remaining balance

$250,395

Interest rate

4.08%

Loan type

New Conventional, 30 year

Seller

John Thomas Hornback

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: 10/15/2024 at 3:30 AM

Listing updated: 10/08/2024 at 5:43 PM

Listed by: Travis Duty, RE/MAX Northwest Phone #: (206) 522-5500

MLS: NorthwestMLS #2296711

NorthwestMLS logo

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