tomo logo

$549,000

Beds
1
Baths
1.75
sq ft
1,120

4540 8th Ave NE Unit 2305, Seattle, WA 98105

4540 8th Ave NE Unit 2305

Seattle, WA 98105

  • 53 days on market
    • Price drop $16,000↓
Views to impress at 23 floors up. 1,120 square feet in a one bedroom is rare indeed (no longer a hotel for your relatives). This great room was built for entertaining with views of Mt. Rainier, Baker, Cascades, and Bellevue. Gorgeous private balcony for deck gardening or just a morning coffee looking out on the world realizing you can have it all. Amenities include: Full time concierge, heated pool, steam sauna, exercise room, party/meeting space, and a secured dedicated parking spot. A real storage room in the condo, in addition to a private storage room in the building. Light Rail, I-5 access, Burke Gilman, U.W. Campus, Trader Joes, New Safeway, popular restaurants all nearby. Live your best life and do it in style at University Plaza.

Details

Property type

Condominium

Est. home value

$566,199

Lot size

Unknown

Price per sq ft

$491

Year built

1974

Annual property taxes

$4,785

Monthly HOA fee

$1,222

Price History

06/28/2024
NorthwestMLS

NorthwestMLS #2235661

Price change
$549,000
-2.83%
05/10/2024
NorthwestMLS

NorthwestMLS #2235661

Listed
$565,000
+22.83%
12/16/2019
NorthwestMLS

NorthwestMLS #1530511

Sold
$460,000

Schools & Community

Neighborhood: 

University District

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Clubhouse

School district: 

Seattle

Number of units in community: 

136

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

$211,560
Asking price
$549,000
Closing costs (~8% of asking)
-$43,920
Est. remaining loan balance
-$293,520
Cash to seller
$211,560

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

Seller’s Loan History

Lender

Washington State Employees Cu

Loan start date

December 2019

Original loan amount

$322,000

Est. remaining balance

$293,520

Interest rate

3.75%

Loan type

New Conventional, 30 year

Seller

Lorene Blakely and Nathaniel Kwak

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: 07/02/2024 at 4:15 PM

Listing updated: 06/28/2024 at 5:03 PM

Listed by: Carol A. Yamamoto, Windermere Real Estate Co. Phone #: (206) 448-6000

MLS: NorthwestMLS #2235661

NorthwestMLS logo

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